Soloway Advisory - Tax Preparation Service

Soloway Advisory - Tax Preparation Service Our proactive approach allows our clients to achieve optimal results through effective tax planning customized to their needs.

The Soloway Family has been providing Business Advisory, Tax & Accounting Services at the same location for over 55 years. The Soloway family has been serving the community at the same location since 1963. We provide our clients with a full range of financial solutions including accounting, tax and business consulting. We serve thousands of individuals and hundreds of businesses, and most of our n

ew clients are referred by existing clients. We are committed to providing quality, affordable solutions in a timely manner with a personal touch. Tell David you saw this on Facebook for a special gift with your first years taxes.

Your financial reports should help you run the business, not simply satisfy a year-end requirement. Good bookkeeping cre...
09/04/2026

Your financial reports should help you run the business, not simply satisfy a year-end requirement. Good bookkeeping creates cleaner records. Good advisory turns those records into useful conversations.

Payroll is more than getting checks out on time. Small mistakes can create unnecessary taxes, penalties, compliance issu...
09/02/2026

Payroll is more than getting checks out on time. Small mistakes can create unnecessary taxes, penalties, compliance issues, and missed opportunities to structure compensation more efficiently.

08/31/2026

Year-end tax planning should not begin at year-end. The earlier you review the year, the more time you have to understand your options and make deliberate decisions instead of reacting in December.

Profit and cash flow are not the same thing. A business can show a profit while cash is tied up in receivables, inventor...
08/28/2026

Profit and cash flow are not the same thing. A business can show a profit while cash is tied up in receivables, inventory, debt payments, taxes, owner distributions, or timing differences.

September 15 is an important federal tax date for many taxpayers and businesses. If the deadline applies to you, confirm...
08/26/2026

September 15 is an important federal tax date for many taxpayers and businesses. If the deadline applies to you, confirm what is due and avoid leaving it to the last minute.

Tax planning works best before the pressure is on. The decisions you make throughout the year can affect your tax positi...
08/24/2026

Tax planning works best before the pressure is on. The decisions you make throughout the year can affect your tax position, cash flow, and the options available when filing season arrives.

The friendly family like atmosphere is not something we planned.It is just who we are. 🙏
08/15/2026

The friendly family like atmosphere is not something we planned.

It is just who we are. 🙏

08/12/2026

Most small business owners overpay on taxes every year. Not because they are doing anything wrong, but because they are not tracking everything they are allowed to deduct.

A few that get missed most often:

Home office expenses, even a dedicated space in an apartment qualifies.

Mileage for business travel, client visits, and supply runs.

Phone and internet bills, if used for work.

Professional development, courses, books, and industry subscriptions.

Meals with clients or business partners.

Bank fees and software you use to run your business.

If you are not tracking these throughout the year, you are leaving money on the table.

Disclaimer: This is for informational purposes only. Consult a tax professional for advice specific to your situation.

One of the questions we get most often from small business owners is: am I paying myself the right way?The answer depend...
08/08/2026

One of the questions we get most often from small business owners is: am I paying myself the right way?

The answer depends on how your business is structured.

A sole proprietor pays themselves differently than an LLC, and an S-corp has its own rules entirely. Getting this wrong can mean overpaying in taxes or creating issues down the line.

It is worth a conversation if you have not reviewed it recently.

Disclaimer: This is for informational purposes only. Consult a tax professional for advice specific to your situation.

08/06/2026

Most people think tax planning is an April thing.

It is not.

Some of the most impactful tax moves happen between now and the end of the year, while there is still time to act on them.

Are you maximizing your retirement contributions?

Have you reviewed your estimated tax payments?

Are there business purchases you have been putting off that could make sense before year end?

Is your business structure still the right one for where you are today?

The difference between a good tax outcome and a great one is usually just timing.

Disclaimer: This is for informational purposes only. Consult a tax professional for advice specific to your situation.

Address

4667 Nesconset Highway
Port Jefferson Station, NY
11776

Opening Hours

Monday 9am - 8pm
Tuesday 9am - 8pm
Wednesday 9am - 8pm
Thursday 9am - 8pm
Friday 9am - 8pm
Saturday 9am - 7pm

Telephone

+16314735759

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