RMG LLC | Industry Teams

Each of our firm’s industry-focused service teams provide clients in those fields with specialized services that cut across and integrate our accounting, tax, and consulting expertise into a powerful value proposition: best-in-class skill sets from veteran professionals who know the industry and the regional marketplace.

RMG LLC | Automotive Industry

With a strong concentration in local and multi-location automotive dealerships and retailers, RMG is a trusted partner of some of the most successful companies in the region. Our automotive team meets regularly and shares best practices so that every client receives the collective wisdom of our whole team as it relates to the regulations and trends affecting the automotive industry.

Among other things, we assist clients with:

  • Cost Segregation
  • Inventory Selection & Analysis
  • Salesmen Compensation Agreements
  • Bank Financing
  • Succession Planning
  • Business Valuations

RMG LLC | Construction Industry Accounting | Tax Planning and Cash Flow Projections

RMG maintains a specialized concentration on the construction industry and services virtually every market segment within it, including architects, building suppliers, commercial contractors, engineering firms, federal, state and municipal public works contractors, general contractors, governmental contractors, private contractors, residential developers, subcontractors, and those involved in transportation infrastructure projects.

Our practice features:

  • Specialized knowledge of “construction accounting” methods
  • Construction industry tax-planning objectives that reduce tax burden while still maintaining single and aggregate bonding capacities
  • Establishment of internal financial reporting capabilities to help provide third parties with more timely financial data
  • Audit, review, and compilation of financial statements as required by third party vendors
  • Customized job profitability analysis reports to determine potential pitfalls in bidding, project management and operational inefficiencies
  • Industry benchmarking to determine strengths and weaknesses in comparisons to other contractors within each industry segment
  • Cost segregation studies to help maximize profits and create additional operational efficiencies
  • Coordination with federal, state, and municipal agencies for contractor pre-qualification statements and bidding requirements
  • Cash flow projections on a job-by-job basis to help determine global funding requirements
  • Coordination with financial institutions to help secure the proper financing
  • Technology consulting to ensure the client has the proper resources to track contract performance
  • Succession planning with the client to ensure long-term sustainability

RMG LLC | Insurance Industry Accounting

Our firm’s involvement with the insurance industry dates back several decades and includes numerous kinds of operations, from owner-operated insurance agencies to multi-level insurance carriers.

RMG LLC | Law Firm and Legal Industry Accounting

RMG has long served small and mid-sized regional law firms in connection with virtually all of their accounting needs, from developing cash management strategies to audit and review services. Our specialists have a thorough knowledge of the industry, as well as the challenges and difficulties of optimizing financial performance for law firms.

Among other things, our services include:

  • Financial statement analysis and preparation using both cash basis and accrual basis reporting
  • Complex optimization analyses of case and matter management
  • Customized strategies for both partnerships and professional corporations
  • Expert profitability analyses, including reviews of chargeable hours, billing rates, realizations, compensation, and direct and indirect expenses
  • Handling all tax concerns, including payroll, sales & use taxes, property taxes, and business taxes
  • Developing complex cash flow models, examining realization, collection, etc.
  • Budgetary analyses, cash-flow projections, and long-range planning

RMG LLC | Manufacturing and Distribution Accounting Firm

Few industries contend with the kind of complexity and operational uncertainty facing manufacturers. RMG has helped manufacturing companies and wholesale distributors for years, providing accounting, consulting, and tax services so that clients can better understand their operations, develop sound methods for reporting their financial condition, and plan for the long term. Given the pressures of a globalized economy, our team is especially skilled in delivering real-world advice that can have a meaningful impact on the bottom line.

Our services include in the following areas of concern:

  • Budgeting and cash flow projections
  • Corporate finance
  • Corporate governance
  • Cost segregation studies
  • Employee pension and benefits
  • Flexible strategies for supply chain management
  • General accounting
  • Information technology consulting
  • Inventory control
  • Manufacturing-improvement efforts and programs that reduce manufacturing costs
  • Succession planning
  • Tax planning
  • Valuations

RMG LLC | New York and New Jersey Real Estate Industry Accounting Firm

RMG serves real estate developers, investors, and owners by providing a veteran team of professionals with years of industry-specific experience. We leverage our expertise to provide clients with timely accounting, consulting, and tax advice tailored to the realities of the real estate industry.

Our services include:

  • Corporate and project finance
  • General accounting and audit services
  • Information technology consulting
  • Property and market risk assessment
  • Property management and operations analysis
  • Tax planning

RMG LLC | Restaurant Industry Accounting Firm

RMG has helped businesses engaged in the hyper-competitive restaurant industry for several decades. Our knowledge of most segments in the industry – including family-owned restaurants, fine dining restaurants, franchises, fast-casual, and quick-service restaurants (QSRs) – can play a crucial role in helping clients capture the efficiencies and realize the opportunities that elude competitors.

Among other things, we assist clients with:

  • Inventory Management
  • Developing proper internal control procedures
  • Tax planning and tax compliance
  • Cost segregation study by each individual business segment
  • Benchmarking to compare performance to others within the same market
  • Operational optimization strategies, including local-sourcing options, customer loyalty programs, and alternative revenue creation

RMG LLC | Technology & Start-Up Accounting Firm

RMG has served a number of regional technology firms, from emerging companies to well-established businesses. Our firm prides itself on offering to clients an industry team they won’t outgrow and has assisted companies at virtually every stage of their growth cycle.

We provide clients with services in the following areas:

  • Audit and accounting
  • Business and intellectual property valuations and transactional due diligence
  • Cash flow and profitability modeling and forecasting
  • Control processes
  • Financial reporting
  • Risk management

RMG LLC | Waste Management Industry Accounting Firm

RMG has long provided services to privately-held waste management companies throughout the New York and New Jersey metropolitan area. Our waste management team provides key services relating to the audit, review, and compilation of financial statements as required by third party vendors; tax compliance and tax-planning strategies; fulfillment of annual reporting requirements for various state agencies; and business valuations.

Our team also has expertise in the area of performance benchmarking, enabling RMG to identify how a client’s operations perform vis-à-vis competitors in connection with key indicators such as disposal rates, route profitability, costs by ton, and revenues by department. We are also capable of performing insightful divisional and labor analysis for multi-faceted waste haulers servicing different industries, isolating pockets of strength and weakness in a client’s overall business model.

Clients also turn to RMG’s waste management team for assistance with mergers and acquisitions. Our firm is trusted business advisor and is capable of providing assistance in connection with due diligence on all potential transactions, including mergers, takeovers, and dispositions. We also specialize in developing M&A tax-planning strategies to minimize corporate tax liabilities and lock in value in connection with all forms of corporate transactions.

Our clients include:

  • Commercial & Roll-Off Waste Haulers
  • Municipal Waste Haulers
  • Recycling Facilities
  • Transfer Stations
  • Material Recovery Facilities (MRFs)
  • Waste Brokers