For all your professional
accounting needs.
JA LaRossa CPA PC offer their experience, objectivity and expertise to help you efficiently allocate assets, interpret contracts, and categorize professional expenses. We recognize that each client has unique goals; we tailor our services to meet your specific needs - and to offer a cost-effective service that will pay for itself in reduced headaches, time savings and penalties avoided.
ABOUT
Manhattan-based JA LaRossa CPA PC handles clients in a variety of different industries with a focus on music and the entertainment fields, real estate management, small business and high net worth individuals.

The firm has evolved over the last 80 years. It was David Chase CPA PC when John LaRossa started work out of college; in 1988 John became a partner, and the firm's name was Chase, LaRossa CPA PC until David Chase retired in 1999 - at which time the firm became known as it is now, JA LaRossa CPA PC.

We service clients throughout the United States, including foreign-owned US entities. John LaRossa CPA, the sole owner, holds a B.A. in Accounting and has been practicing since 1980. He is a former Chairman and current member of the Entertainment, Arts & Sports Committee of NYSSCPA.

JA LaRossa CPA PC provides expert services in Business Management and Tax consulting, in preparation of business, individual and other entity tax returns, forensic accounting, Royalty audits, Musical Copyright Evaluation, IRS representation, Sales tax audits, Employee Retention Credit, PPP loan forgiveness and payroll processing. The firm has a reputation in providing quality services with attention to details and a quick response time to client’s questions when asked.

SERVICES
As part of an overall personal financial management package, JA LaRossa CPA will assist as business managers in the day-to-day business details such as organizing bills, preparing checks, and managing cash flow. Additionally, insurance assessment and placement, as well as on-going tax planning form a part of our blanket approach. Each month clients receive a statement of all deposits made and checks drawn and the firm issues full financial reports quarterly.​


FAQ
Q: My company's books are a nightmare. Can you please help me with that? Where do I start?!
A: As a small business owner you have more important things to do than to keep your own books. Each month or quarter we will take care of the following things for you:
  • Reconcile your bank account
  • Generate an income statement
  • Generate a balance sheet
  • Clean up your general ledger
These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.
Q: What's bank reconciliation? Why do I need it?
A: Reconciling your business checking account each month allows us to keep your bank account, accounting, and taxes up-to-date by:
  • Identify lost checks, lost deposits and unauthorized wire transactions.
  • Detect and prevent excess/unjustified bank charges and ensure transactions are posted correctly by your bank.
  • Detect and prevent embezzlement of funds from within your company.
  • Know how your business is doing? You can't really know unless all accounts are reconciled and properly accounted for on your financial statement.
  • Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.
  • Protect yourself. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank. This reason to reconcile alone should be enough. Crime exists.
  • Sleep Better. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.
Q: What's income statement, and how can you help with it?
A: An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period. An income statement allows you to:
  • Track revenues and expenses so that you can determine the operating performance of your business.
  • Determine what areas of your business are over-budget or under-budget.
  • Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.
  • Track dramatic increases in product returns or cost of goods sold as a percentage of sales.
  • Determine your income tax liability.
Q: Why do I need a balance sheet?
A: A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time. A balance sheet helps you:
  • Quickly get a handle on the financial strength and capabilities of your business
  • Identify and analyze trends, particularly in the area of receivables and payables. For example, if your receivables cycle is lengthening, maybe you can collect your receivables more aggressively
  • Determine if your business is in a position to expand
  • Determine if your business can easily handle the normal financial ebbs and flows of revenues and expenses
  • Determine if you need to take immediate steps to bolster cash reserves
  • Determine if your business has been slowing down payables to forestall an inevitable cash shortage
Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.
Q: Maintaining a clean general ledger
A: The general ledger is the core of your company's financial records. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.

We will review your general ledger system each month which allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we will fix the discrepancies so your books are always accurate and kept in great standing.

TESTIMONIALS
1 2 3 4 5 6 7 8 9
John Larossa has been my CPA since the early 1980's. He is the only CPA I have ever recommended to anyone. During all this time I have been audited one time at my home and did not owe a single penny. John's integrity is at the top of the bar. He doesn't cheat and he doesn't let the IRS take advantage of you. He knows his stuff. I don't mind paying my fair share, but not a penny more and that's why we've been together for forty years. So if you're looking for someone you can trust and rely on !00% and has your back, John LaRossa is your guy.
Dickey Lee
1 / 9
We have used John LaRossa for over 40 years to do our business and personal taxes. I appreciate their diligence, knowledge, and dedication. The personal and courteous service at JA LaRossa, the prompt answers to any and all questions, careful attention to detail, up-to-the-minute knowledge of current tax laws, and wonderful advice have all been factors which have contributed to the continued success of my business and my personal finances.
Thomas Newman, TV Newman Moving Inc.
2 / 9
John LaRossa has been the accountant for three generations of our family in a family business. He has always proved himself to be not only competent, but knowledgeable, up-to-date in all aspects of tax requirements and changes. In addition, he is always available to answer phone calls, emails or other communications. As a client, I depend on him for advice and find that he goes above and beyond day to day details, not only performing necessary tasks but monitoring our assets and giving advice as needed. I strongly recommend John LaRossa for anyone requiring an astute accountant who is a true professional.
Gloria Tannenbaum & Candis Paule, Gil Music Corp, George Pincus & Sons Music Corp., SongFest Music Corp., Tarcus Music Inc.
3 / 9
My name is Joseph Joubert and I’m Broadway Orchestrator/ Music Director and Pianist. For at least 25 years John LaRossa has been my accountant handling my corporate and personal accounts . He and his staff are extremely efficient and have kept my business running smoothly. I never have to worry about my taxes when they’re in John’s hands. There are so many details with a corporation that need to be handled and John gets it all done in a timely manner year round. I totally recommend JA LaRossa CPA PC as the best accountant around.
Joseph Joubert, Joubert Inc.
4 / 9
My company and I personally have been clients of John LaRossa and his firm for 40 years. I cannot believe I am that old but apparently I am. As an independent music publisher it is not easy in these times to compete. Having John on my side has made a significant difference in my company's ability to stay relevant in a changing world. His knowledgc, expertise and willingness to share it have been an instrumental factor in the continued success of my business. His attention to detail and responsiveness are key factors in his continued success. John and his staff are true professionals and I am thankful for them and can't imagine what I would do without their help and support. I give them the highest recommendation.
Stu Cantor, Next Decade Entertainment, Inc.
5 / 9
"I have known John LaRossa for over 40 years. He is a no nonsense guy who gives straight answers to questions without equivocation, does so in a timely fashion and does what he says he is going to do. Whenever I have a client who is looking for a good accountant I refer them to John and I have never heard a bad word spoken of him. Indeed, I trust John implicitly else I would not be recommending him to my clients."
Tim O'Donnell
6 / 9
"John LaRossa has been my CPA/Business Manager handling business and personal accounts since 2014. I trust John. He and his staff are always available when needed and pay attention to details... details that are unique to me and my business. I recommend John and his firm, JA LaRossa CPA PC... We couldn’t be more pleased that he came into our lives... thank you John"
Philip Glass
7 / 9
"I have been doing business with John LaRossa since 1980 and I find his firm to be helpful with any problem I have. The work he does is impeccable, precise and always on time. If you will give him a chance I think he will be very pleased with his work."
Ima Withers
8 / 9
“I have used John LaRossa as my accountant for the past 20 years. He had originally set up my corporation and has been on top of my business the whole time. He has guided me through quite a few audits where he saved the company a lot of money. He has also helped us grow the company over the years. He is honest, trustworthy, and puts his clients first. I highly recommend John for all your accounting needs."
Glenn Ushkowitz
9 / 9

CONTACT
Phone (212) 594-9195 CALL NOW

Fax
(212) 465-9907 Email:
John@JaLaRossaCPA.com Address:
505 8th Avenue
New York, NY
10018-6505