Tax Strategies

Helping You to Analyze Your Situation

At Western New York CPA firm, Buffamante Whipple Butaffaro, P.C. our philosophy goes beyond providing your organization with annual tax services.

Wham, bam, thank you Mr. Taxman is so not us.

Rather than merely offering tax preparation services, we focus on tax planning. When a CPA prepares a tax return, it is often too late to implement tax strategies that can save you money.

When you work with BWB to plan your taxes, we help you to minimize tax liability by assessing your business and making sound, ethical recommendations to help you receive the greatest return possible. Tax planning is a much needed but difficult step for many individuals and businesses to take.

Like the ocean tides, tax laws continuously change.

Keeping pace with these complex changes, their interpretation and how to navigate when the tides shift are challenges we welcome. Through our passionate understanding and knowledge of tax laws, we can maintain a thorough understanding of your financial affairs and recommend innovative ways to minimize your overall tax liability.

Couple More Things

  • We listen. At BWB, we start by listening to your needs first. Once we understand your objectives, we analyze your financial condition, plan for anticipated changes and provide you with the after-tax financial results you seek.

  • We have your back. We commit to providing you with aggressive, defendable positions to minimize or defer your federal and state tax liabilities. We offer in-depth knowledge relevant to your business conditions and help you to employ methods to achieve your goals—whether it be asset management techniques, inventory analysis or strategic use of rules that apply only to your industry or business. Our goal is a long-term approach to help you maximize your resources and continuously increase your net worth.

 Schedule a meeting with us today to find out how we can help you to navigate the financial success of your business.


Management Advisory

Improve Your Performance at the Helm

The overall marketplace is constantly shifting. As your trusted advisors, Buffamante Whipple Buttafaro, P.C. understands the complexities of managing and leading an organization. Our management consulting services are not limited to accounting considerations. We talk to our clients about everything from business strategy and developing new product lines to exiting old product lines, expanding facilities and the financial benefits of moving out of state.

Let Us Help You To

  • Empower your leaders. At BWB, we get that when the going gets tough, making the right management decisions can be a challenge.  Let us be that "outside eye" to help you identify possible weaknesses in your organization's management techniques so we can guide you and your leaders toward improvement.  Let us help you to develop a stellar leadership team that leads to noticeable results in morale and productivity. 

  • Get financial backing. If you’re looking to expand your business or refinance an existing debt, BWB can help you leverage relationships with banks and other lenders to help provide you with the loan you need. We will simplify the process by helping you to understand loan documentation and point you to funders who understand and specialize in your industry. 

  • Merger and acquire. BWB has been on both sides of merger and acquisitions transactions so we know first-hand this is one of the riskiest ventures a company can take. A successful merger and acquisition takes more than simply having the money to expand; the process is usually more complicated than many people anticipate. We’ll work together to manage the details—operating results, capital structure, opportunities for new markets and evaluating your existing markets. We’ll review where it will be beneficial to cut costs and how to transition your acquisition into your company culture. With our vast experience, BWB can help you to carefully assess the positives and negatives and figure out what issues will arise. 

  • Get out of the red. If you’re company is financially troubled, let us help your company to improve its earnings and get out of the red. As the largest CPA firm in the southern tier, we work with clients in a number of industries, making our collective skillset unique. Whether you’re in the hospitality sector, with an auto dealership, school district or in the construction industry, we’ll speak and understand your language while developing effective strategies relevant to your key performance indicators and financial statements. As our clients often say about us, “These people know our business.”

    Schedule a meeting with us today to find out how we can help you to navigate the financial success of your business.

Litigation Support

Navigate Rough Waters

At Buffamante Whipple Buttafaro, P.C., we stand prepared to help our clients through challenging times—situations that may affect you personally as individuals, test the values of your organizations and ultimately threatening your reputations, net worth and bottom line.

Thanks to the support of our multi-faceted business and consulting affiliate, Vineyard Group, LLC, we offer highly reputable litigation support services that get results. Our expertise in this area is unmatched. Led by Tom Benson and Robert Gunderson, the Vineyard Group boasts vast tactical experience, education, designations, certifications and high profile success.

Whether you’re a business leader, an individual, an attorney or a CPA needing to collaborate with a litigation/financial expert,

We Can Help You To

Minimize Financial Loss Amid Divorce

We can assist with all financial aspects of divorce including business valuations and enhanced earnings capacity calculations.

Strengthen Your Legal Case 

Our track record includes providing expert witness testimony in matrimonial, fraud and embezzlement proceedings for county district attorney’s offices in New York and Pennsylvania and the Federal Bureau of Investigation. In addition, judges within the Supreme Court of the State of New York and grand juries have qualified Mr. Gunderson as an expert witness.

Fight Fraud
We can support your case by investigating potential fraud, quantifying monetary damage and assisting counsel with litigating cases for both civil and criminal matters. In the past, we’ve worked with financial fraud cases that ranged from recovering $2.5 million in bank fraud to recovering $160,000 for small not-for-profits. Let us help you to navigate the rough waters. Contact us today for information about our litigation support services.

Schedule a meeting with us today to find out how we can help you to navigate the financial success of your business.

Emerging Business Services

Strengthen Your Crew

As your company grows or you start your own business, it's essential that you allocate additional time and effort towards your operations and finances. At Buffamante Whipple Buttafaro, P.C. in Western New York, we understand your organization may not have adequate personnel or expertise to manage these tasks on your own. That's where we come in. At BWB, we not only offer advice and guidance regarding accounting issues, but we offer practical support to help you navigate through state and federal income tax laws, design and implement strategies for tax deferral and minimization, maximize cash flow and manage potential tax impacts of business and investment decisions. Think of us as your in-house accounting staff.

We Can Help With

  • Planning and preparing complete business and individual income tax returns
  • Preparing financial statements
  • Maintaining general ledgers
  • Keeping cash receipts and cash disbursement journals
  • Maintaining accounts receivable and sales journals
  • Preparing all state and federal payroll tax returns, including year-end W-2 forms
  • Scheduling fixed assets and depreciations
  • Representing your organization before the IRS or state authorities
  • Outsourcing accounting staff
  • Answering questions about sales tax
  • Bookkeeping/write-up services
  • Tracking receivables and payables

Consistent Effort is Key

At BWB, our highly rated team members use the latest technology and efficient processes to provide a full range of tax, bookkeeping, payroll and related accounting services. We will customize a program solely for your business needs and work with you to:

  • Select the services that best match your needs
  • Schedule how often the work is to be performed
  • Schedule regular conferences to review the work and discuss business questions

Ready to take your business to the next level but need support with accounting services? Contact us today.