- P O Box 142 Edison, NJ 08818
- +1 732-673-5738
Compliance Services
In order to compete in the market place, one must comply with government regulations. Thus, choosing an accounting partner who is knowledgeable about DCAA compliance and audit support, accounting matters, FAR/CAS disclosure statements, and other requirements is vital to your success.
As a leading CPA firm, Breakpoint Assurance Company focuses on regulatory compliance while offering extensive accounting and technology experience to clients. We assist you with identifying gaps in compliance so that a corrective action plan can be developed.
Our Compliance Services Include:
- Paycheck Protection Program (PPP) filing with the SBA/Bank for loan forgiveness
- Restaurant Revitalization Fund (RR) supporting documentation for loan forgiveness
- Employee Retention Credit (ERC) refundable tax credit against payroll taxes
- Met compliance requirements on loans obtained from State and County grants
- Provider Relief Fund (PRF) Reporting Period 2 is open and with the filing date of March 31, 2022.
- Assist in preparing OVDP (Offshore Voluntary Disclosure Program)
- FBAR (Financial Bank Account Reporting) with both the Internal Revenue Service and FinCEN (Financial Crimes Enforcement Network)
Success Stories
♦ Compiled and prepared supporting documentation to file PPP (Paycheck Protection Program) for various companies with multiple banks loan forgiveness applications totalling over 2 million dollars and received SBA forgiveness letters.
♦ Round 2 PPP. Applied for several companies which were able to qualify due to declining revenues under the CARES Act PPP application totalling over 1.5 million dollars.
