Founded in 1979 Tomasetti Kulas & Company, P. C. has partners with more than 70 years of combined experience in accounting, tax and consulting services. We have grown through the years and added staff that is unique in public accounting to allow us to provide services that others cannot.
Tomasetti, Kulas & Company, P.C. caters to the needs of individuals, partnerships and corporations in the areas of accounting, taxation and business operations consulting. Our staff is well seasoned and highly motivated to service our clients. For over 35 years the firm has had a proud track record of providing services to individuals but also to a wide variety of business clients including real estate development, construction, homeowner associations, medical practices, home care agencies, manufacturers, and distributors by providing them services in accounting, taxation and also providing more specialized services such as CFO assistance, and consultations regarding importing and exporting.
Our dedicated staff is there to listen to you and to provide you with the required services in a timely and efficient manner. The team environment at Tomasetti, Kulas & Company, P. C. is the stepping stone for our commitment to bring growth to you. Over the years to provide better, sustained and economical services to our client we have not only invested thoroughly in the professional development of our staff but also added staff with experiences from corporate and public accounting. This has bought in additional experience in cost controls, inventory management, international trading, start-up operations and business systems and procedures. Being able to call in the expertise of a Certified Management Accountant, a Certified Cost Accountant or a Certified Public Accountant to serve your needs from time to time with practical experience at various national and international locations makes us unique.
We understand the needs of your business and provide the cost benefit solutions to your organization in an effective manner. Our team of experts is here to serve our clients from individuals to corporations.
In providing accounting and business consulting our effective team of knowledgeable professionals listens to your needs, helps you keep track of your financial goals, works with you through personal or business growth stages and matches your requirements with our skills and the skills of others. Our commitment is to assure that the best level of expertise is provided to each and every one of our clients. Every client receives the personal attention of a partner. We work to make sure that the appropriate resources are provided and managed to meet and exceed the expectations of our clients.
We have twenty-eight years of extensive experience providing accounting, tax, and other services to over 100 condominium associations. That experience covers such issues as the establishment of reserve funds, working with tax districts, borrowing money, budgeting and working with management agents.
Audit, review, compilation and tax return preparation; Analysis of tax return filing alternatives to minimize taxes; Budget and cash flow analysis; Counsel to directors and associate members in issues such as operations and appropriate replacement reserves; Analysis of insurance coverage adequacy;
As consultants to medical practices we have established ourselves with physicians as managers of their business issues. Profitability and cash flow maximization analysis and implementation; Preparing annual and monthly budgets; On site bookkeeping and preparation of monthly cash flows and financial statements; Expense management; Compensation and benefit package design for owners and personnel; Billing maximization under current CPT codes; Assisting in selecting and signing up third party payer sources;
Accounts receivable management; Business succession planning.
We understand that you have more important things to focus on than accounting. We can help manage accounting tasks leaving you to concentrate on handling your day to day business tasks. From interpreting and understanding the state of your business’s finances to preparing year-end statements including subcontractor’s 1099 forms.
Our extensive experience providing traditional financial services such as audit and tax as well as specialized consulting services to manufacturing clients. From start-ups to multi-location manufacturers in a variety of industries such as food manufacturers, suppliers to the automotive industry, healthcare equipment manufacturers, paper product distributors, and a variety of other types.
Experienced CPA services delivering prompt and accurate financial data for the real estate industry. Adept in real estate accounting and offering the industry-specific services, such as cost segregation, 1031 exchanges, and passive activity deductions. to help you to stay on top of your marketplace.
We’ll find practical solutions to minimize risk, cut costs, and sustain cash flow, so your business can remain profitable through seasonal shifts and dips in the economy. Our tax planning strategies reduce tax burdens and increase profits.
Understanding and evaluating the costs of materials, subcontractors, labor and overhead is critical to the success of your business. Our specialized accounting, consulting and taxation services meet the needs of the construction industry to allow you to have control of your profits and make your business more successful.
Daniel Levine, MBA, CPADan graduated from Quinnipiac University with a B.S. in Accounting and a Master’s of Business Administration with a focus on the Chartered Financial Analyst Track (CFA®) curriculum. After obtaining his public accounting certification Dan has focused on the firm’s accounting & auditing, corporate tax, and business consulting areas. Dan is a strong believer in being a value-added accounting partner and educator to our clients. His focus is helping Connecticut small businesses use their accounting function to overcome business challenges and accomplish their goals, all with accounting peace of mind. Dan’s approach of applying lean fundamentals helps clients maximize the value of their accounting function without losing quality or accuracy of their reporting. Dan also volunteers to help serve the greater business community. He has served on the Board of Directors of Hartford County Chapter of APICS, the association for operations management, as President from 2015 until 2017, holding the Treasurer position before that since 2009. As President, Dan oversaw increases in membership, events, and business partnerships of the organization all to help support members of the operation management community network, obtain certification, and benchmark with other Connecticut manufactures. Since 2013, Dan has been involved with the Connecticut Chapter of the Community Associations Institute (CAI), an organization that provides support for common interest communities. He regularly contributes articles for their magazine “Common Interest”; participates in seminars at the annual expo, volunteers as an instructor on accounting fundamentals as part of CAI’s education efforts; and serves on the Association’s Legislative Advocacy Committee and Next Generation Committee. Dan also actively participates in the Hartford Chapter of the Institute of Management Accountants (IMA), the Connecticut Society of CPA’s, and the New Haven Manufactures Association (NHMA). Prior to joining our public accounting firm, Dan interned as a staff accountant on a 34th Street Films production gaining corporate accounting experience; and established and managed his own bookkeeping business from 2008 to 2018.
Sam J. Tomasetti, CPASam is the president and managing partner of Tomasetti, Kulas & Company, P.C. As a practicing CPA for over 35 years he has performed services for a diversified base of clients. Mr. Tomasetti has solid experience in all phases of individual and business taxation, accounting and management advisory services. He is a member of the American Institute of Certified Public Accountants, Connecticut Society of Certified Public Accounts and Community Associations Institute-Connecticut Chapter.
Xiaojia WuXiaojia Graduated from University of Hartford with a M.S. in Taxation. She has 4 years of experience in partnership and individual taxes, tax planning, and auditing. Prior to joining Tomasetti Kulas & Company, P.C., Xiaojia had been working for 4 years on international tax management and transfer pricing in Tax Services Department in Shanghai, China, and 2 years on auditing in PwC Shanghai. Xiaojia joined our firm in 2014.
Drew HudickDrew graduated from Central Connecticut State University in 2017 with a B.S. in Accounting and he is still attending the university in the Master of Science in Accounting program in order to reach the necessary 150 credits for the CPA exam, in which he plans on studying for after completing his degree. Drew joined the firm in July of 2018, and is gaining experience in the assurance area, and plans on expanding his accounting knowledge and experience within both the tax and assurance areas in the upcoming future.
Robert HendelRob holds a BA in Accounting & Information Systems from Queens College, CUNY. He has worked in the Not for Profit and Private Sectors for 20 years, focusing on Small to Mid-Size Companies for a variety of fields. Rob uses his experience as a Full Charge Bookkeeper and Controller to effectively streamline the accounting process for clients.
Heather TomasettiHeather holds a B.S. in Accounting from Central Connecticut State University and has worked in both the private and public sector of accounting for over 30 years. In addition to working with our small business clients, her background in the health care, insurance and non-profit sectors has given her an opportunity to interact with a variety of accounting and management software packages. She brings that knowledge with her when she assists clients with a range of services from bookkeeping, payroll/HR, day-to-day operations, financial reporting and budgeting. In addition, as office manager, Heather keeps our Tomasetti, Kulas & Company office running smoothly.
Peter has been a partner in Tomasetti, Kulas & Company since its inception in 1979. A certified accountant and member Connecticut Society of Certified Public Accountants, he has over 30 years of experience in accounting. Mr. Kulas has a Masters of Business Administration degree from Dartmouth’s Amos Tuck School of Business and is a Tuck Scholar.