Empowering you to make sound financial decisions
constantly striving to bring you new ways to manage your taxes.
At Hakim & Zafar, CPA Advisory Services, the careful management of your finances is our top priority. We pride ourselves on giving you personalized and thorough service that meets your business or individual needs.
1120 clients have very different accounting requirements than individuals. While tax planning is important, business owners need current information to manage their businesses. Our role is imperative and informative. Hakim & Zafar, CPA Advisory Services concentrates on increasing our 1120 customer’s success. We provide services to help you plan your first day, accurately track revenue and receivables, identify key performance indicators, and minimize your tax liability.
Welcome to Hakim & Zafar, CPA Advisory Services
Business tax planning and preparation – In many cases, simple clerical errors can lose valuable tax deductions. We work with our clients to establish tax strategies and accounting methods early in our relationship to ensure a reduction of your taxes.
Employee benefits audits – For companies with 100 or more participants in their benefit plans, we ensure our clients are compliant with federal mandates through yearly employee benefits audits.
News
Initial Public Offering Considerations
On a year-over-year basis from 2025 to 2026, the number of Initial Public Offerings (IPOs) jumped from 180 to 208 for the first six months, increasing from $27 billion to $137 billion, based on a U.S. Securities and…
Rolling Over Your 401(k) Just Got Less Painful – Here’s What the IRS Changed
Anyone who has moved retirement money out of an old employer’s plan knows how frustrating it can be. Every administrator has their own forms. Timelines are all over the place. Paper checks show up weeks later…
Valuation Reserve Requirements
According to FitchRatings, over the past 12 months ending August 2026, there were 109 defaults by 89 entities, compared to the same period ending July 2026 where 83 entities saw 105 defaults. With businesses (especially life insurers) exposed to asset…