Grossman, Cohen, & Diamond

Welcome to the website for Grossman, Cohen & Diamond

Since our formation in 1965, GCD has worked with individuals and businesses in a variety of industries giving us broad experience in various markets. This depth of experience allows us to help individuals, executives, families and businesses operate more efficiently and profitably and achieve their personal goals, whatever they may be.

We believe in the value of relationships and view every client relationship as a partnership, and truly believe that our success is only a result of your success. Committed to providing close, personal attention to our clients, we take pride in giving you the assurance that the personal assistance you receive comes from years of advanced training, technical experience and financial acumen. Our continual investment of time and resources in professional continuing education, appropriate technology and extensive business alliances is indicative of our commitment to excellence.

Our overall mission is to provide high quality, personalized tax, operational and financial services to individuals and small businesses in the most cost efficient manner. In the end, we are focused on partnering with our clients to help them lead a fulfilling life, of which accumulating their wealth is a part of the process!

In order to help you navigate our website, please review our major areas of concentration below to see which areas of concern are specific to you. If you can check off any of the boxes in a certain area, either click on the specific link in that line or the link at the top of that box. Once you have learned more about how we can help you, please contact us for a free initial consultation.

Taxes

Our roots stem from accounting and tax services. With licensed CPAs as partners, we have been preparing business and personal tax returns in nearly every state for over a combination of 50 years.

r I/we are concerned that we are paying too much in income taxes.

r My/our income fluctuates year to year and would like some help in minimizing the taxes in the higher years.

r At the end of the year, I/we feel like we owe too much money or get too much money back.

r I/we are moving to another state and want to understand the impact it will have on our state income taxes paid.

r I/we are being audited by a governmental agency, or have been sent a letter, and need some help.

r I/we are forming a business and need help in setting it up properly.

r I/we would like to prepare our own return using professional grade software and know that we can ask questions, if necessary.

r I/we want to learn more about sheltering larger amounts of income from taxation, from my small or side business.

Financial Planning

This is an area that is probably the most important for families today. With the massive recent changes in the economy and unemployment, planning for the future could never be more important.

r I/we have no real plan for our financial future but would like to have one.

r I/we have no real "quarterback" to help us with our financial future but would like to have one.

r I/we are not sure that the plan we have, or the investments we currently have, will truly result in us achieving our goals.

r I/we believe that investments should be selected based on an overall financial plan.

r I/we think our mortgage is outdated and would like information about refinancing or obtaining a new mortgage.

Investments

Investments should be the tool used to fulfill a financial plan. The landscape in this area has changed, and will continue to change, dramatically as time goes by.

r I/we do not feel that our current investment advisor or broker gives us the attention we feel is appropriate for us.

r I/we are not sure that the investments we currently have will truly result in us achieving our goals.

r I/we have children that we want to attend college and we do not feel we have saved enough to do so.

r I/we don't believe that active managers can outperform index funds.

r I/we hear so much about the various college funding options but have no idea which is best and which applies to our situation.

r I/we hear stories about people making large rates of returns and want to find out what they are talking about.

Business Services

Again, being a CPA and consulting firm first, our roots come from helping small businesses get launched and stay profitable.

r I/we are forming a business and need help in setting it up properly.

r I/we use Quickbooks and need some help in setting up and/or maintaining our file.

r I/we have a business and are not happy with our current accountant's level of service or competence relative to our business.

r I/we are being audited by a governmental agency, or have been sent a letter, and need some help.

r I/we want to learn more about sheltering larger amounts of income from taxation, from my business.