FAS - Financial & Accounting Services provides creative and effective solutions to tax and financial problems for US and international clients.
We provide the following financial services, and more, to small and medium sized businesses, business owners, and individuals who pay a lot in taxes:
-Financial, Tax, and Estate planning
-Certified Financial Statements
-IRS Audit Representation
Through tax optimization, financial planning, and business consulting, our mission is to provide you with the best possible financial outcome. Remember, when it comes to taxes... its what you keep that counts. (Scroll over services to the right for more information)
In this environment of rising marginal tax rates, we help our clients understand their current tax situation and identify legitimate options that will minimize their tax liability. We then facilitate the execution of these strategies from conception to execution to final tax reporting. Where appropriate we provide estimates of their tax provision to ensure that the quarterly estimates are filed timely and accurately so as to avoid interest and penalties.
*In addition to preparing tax returns for US residents and citizens, we also provide tax preparation for individuals working abroad and foreigners residing in the US on a temporary basis.
We help businesses translate their business strategies into financial business plans. This allows the business owner to understand if current strategies will deliver the desired financial results. We monitor progress against these strategies so that if results are not tracking to plan, timely corrective actions can be taken.
With federal estate taxes at a maximum rate of 40%, it is imperative that proper planning is done in order to minimize this tax on the transfer of wealth to ones beneficiaries. We evaluate our clients options and assist them through the decision making process, thus minimizing their estate taxes.
If you plan to establish a business presence in the United States, we will help you understand the issues. We will advise you through the process of selecting the most appropriate legal entity while addressing your accounting, tax preparation and financial needs.
We provide compilation and review of financial statements for businesses that require them for bank loans, contract awards with state agencies, and business valuations.
FAS has been helping small businesses and individuals achieve their financial goals through comprehensive financial-planning since 1976. FAS helps businesses and individuals achieve their financial goals through its team of skilled professionals with broad industry experience, in-depth training, and industry certification.
|Price Waterhouse Coopers PWC||Raytheon|
|Hewlett Packard/ Digital Equipment Corporation||Cisco Systems|
Positions Held: CFO, VP, International Controller, Directior, International Tax Manager, Auditor, Accountant
Operations Experience: Treasury, Investments, Retirement Plans, Accounting, Tax, Audit, Cost Accounting
Education: Tufts, University of California at Berkeley CA, Bentley University, Harvard, Stanford, BS, BA, and MBA degrees
Certifications: CPA, CFP, CFS, RIS, MST, EA(Scroll over staff photos on the left for staff bios)
Kenneth Der CPA, CFP®
Ken focuses on helping individuals and business owners with their taxes, financial planning and budgeting, including acquisitions and divestitures and succession planning.
Ken's focus is on helping both domestic and foreign individuals and small businesses to achieve their business and financial goals through proper business and tax planning.
Ken has practiced as a financial professional in both the public and private sector such as PWC, Digital Equipment, Cisco Systems, Endwave, and FAS Corporation. He has held positions in the capacity of finance and operations, including VP of Finance, Corporate Controller and Director of External Reporting, President, and CEO.
He was also an adjunct professor at Babson College teaching accounting and tax at the undergraduate and graduate levels.
Ken's academic background includes a degree in Mechanical Engineering from Tufts University, an MBA from University of California at Berkeley, a Masters in Taxation from Bentley University, and a Masters degree in Financial Services from the Institute of Business and Finance.
Richard "Dick" Soohoo, CPA
Parakram "Peter" Shrestha, EA
Aarikka is a recent graduate from Framingham State University obtaining her BA in Economics and minor in IT. In addition, her education extends to Quinsigamond Community College where she obtained her Associate's Degree in Business Administration and Certificate Degree in Accounting and Finance.
She serves as the Bookkeeper for the Harvard Club of Merrimack Valley and Administrative Assistant for the Andover Chinese Cultural Exchange located in Andover, MA. She is also a current member of the MetroWest Chamber of Commerce (MWCC) located in Framingham, MA and Corridor Nine and HYPE9 located in Westborough, MA.
Have you been asked any of these questions:
For answers and solutions to these issues, call us. Let's start working today towards a stress free future.
"Ken, Thank you so very much for always being there to help. I appreciate it deeply, so blessed I am to be back on track. Your payment is enclosed, I asked Peter to change all of my info over so in the future there will be no delay. Thx see you soon, [the undersigned]"
"Thank you for keeping the IRS Away :) [the undersigned]"
"Dear Richard, on behalf of [us all] we wish to extend our profound thanks for volunteering your time and magnificent CPA skills to help [them] address their auditor's report. Like most nonprofits, [they are] working under very tight budgetary constraints ..... for the quality of work that you provided. We will remain forever grateful for your ability to embrace who [we are] and to put together a process that will allow them to address their financial obligations more efficiently. Most importantly, Richard, we thank you for taking the time out of your busy life to volunteer your talents so graciously. The money you saved [them] through this pro bono project will go towards providing middle school girls with a quality education that they otherwise could not have afforded. This project exemplifies the powerful potential of [their] vision to unite the business community with [the town's] charitable organizations and together, help turn dreams into reality. With Gratitude, [the undersigned]"
"Good morning Dick, thank you for helping [my company] with the valuation of the business and also for answering my question about taxes. I was able to send the package to USCIS (US Citizenship and Immigration Services) by the deadline. The good news is that they made a favorable decision within 24 hours of submission. We're all happy about the decision and want to give a big thanks to you for your help! In our phone call, you mentioned you daughter, if she gets homesick and wants authentic Thai/Lao food, please feel free to pass my contact information to her so we can meet up. Enjoy a very nice weekend! Best Regards, [the undersigned]"
"Ken,we cannot thank you enough for all of your help and guidance throughout this audit. I know we would not have come out successfully without you. And God knows my previous CPA was not any sort of help what so ever! ...... we are so very grateful. Looking forward to a happy and easier tax season! Thank you, [the undersigned]"
"Ken, you are appreciated more than you know. Thank you so much for taking the time to drive All the way to the Cape and for all your advice and for lunch!! next time on "us" Sincerely, [the undersigned]"