What are the opening hours?

Monday 9am - 6pm Tuesday 9am - 6pm Wednesday 9am - 6pm Thursday 9am - 6pm Friday 9am - 6pm

Litrivis CPA PLLC

Home
United States
New York, NY
Litrivis CPA PLLC

Financial clarity, built for growth

Virtual-first CPA & strategic finance advisory firm in Nyack, NY. 20+ years of experience helping businesses ($1M–$50M+ revenue) with accounting, tax, fractional CFO, and advisory services.

11/02/2026

Business Accounting Services

Good records create better business visibility.

Keeping your accounts organized helps you understand your numbers, monitor cash flow, and make informed decisions.

Simple. Accurate. Organized.

🌐 www.litriviscpa.com

10/30/2026

Tax compliance is more than just filing a return.

Keeping accurate records, understanding changing tax rules, meeting deadlines, and reporting information correctly can help businesses avoid unnecessary complications.

A consistent approach to tax compliance can make financial planning easier and provide greater clarity throughout the year.

Tax Compliance Services
Accurate • Organized • Timely • Informed

09/28/2026

Tax Compliance and Planning Services

Tax planning is not only about meeting deadlines. It’s also about understanding your financial position and making informed decisions throughout the year.

Keeping accurate records, staying aware of tax requirements, and planning ahead can help make tax time more organized and less stressful.

At Litrivis CPA PLLC, the focus is on helping businesses and individuals approach their tax responsibilities with clarity and proper planning.

Learn more: https://www.litriviscpa.com/tax-planning-compliance

"

09/22/2026

Outsource Accounting Services: A Smarter Way to Manage Your Finances

Managing day-to-day accounting can take valuable time away from running your business. Outsourcing accounting services can help keep your financial records organized while giving you more time to focus on your core business activities.

From regular bookkeeping and financial record management to keeping your accounts up to date, having professional support can make financial administration more manageable.

Focus on growing your business while your accounting stays organized.

Learn more: https://www.litriviscpa.com/accounting-bookkeeping

09/08/2026

The office supply run on your personal debit card seems harmless. Forty of those later, it is a bookkeeping problem.

Mixing business and personal money is the single most common thing we clean up for new clients. And it is not a matter of preference. The IRS tells business owners plainly: one of the first things to do when you start a business is open a business checking account and keep it separate from your personal one, because that checkbook is the basic source for your books.

Here is why it matters at tax time. To deduct an expense, it has to be ordinary and necessary for your business, and you have to be able to back it up. If your records are one blended account, proving which charges were business becomes your job, months or years after the fact, often from memory. Deductions get missed. Others get claimed that should not be, which is its own problem.

There is a housekeeping angle too. Keep records generally for 3 years after filing, and employment tax records for at least 4 years. That is much easier when the business has its own account, its own card, and its own paper trail. If you run an LLC or a corporation, commingling can also weaken the liability separation you set the entity up for in the first place. That one is worth a conversation with your attorney.

The fix is not complicated: a dedicated business checking account, a dedicated card, a set owner draw or paycheck instead of dipping in as needed, and a bookkeeping system that reconciles monthly. If your books are tangled and you would rather not sort it out alone, reach out to Litrivis CPA PLLC. Untangling this is one of our favorite things to fix.

09/01/2026

3 KPIs to Check Every Month
📊 You don't need 20 dashboards. You need to check these three numbers every month.

Gross margin: revenue minus cost of goods sold, divided by revenue. This tells you what's actually left after you deliver your product or service, before overhead. Watch the trend more than the number. A slipping margin usually means pricing, costs, or both need a second look.

Cash runway: how many months your current cash balance would last if money stopped coming in tomorrow, based on your average monthly burn. Most advisors want to see 6 to 12+ months of runway. Less than that, and you're making decisions from a place of stress instead of strategy.

AR aging (how fast you're actually getting paid): if your terms are net 30, collecting in under 35 days is solid, 35 to 40 is acceptable, and past 45 is worth digging into. Review this weekly if you can. It's usually the first place cash flow problems show up.

None of these require fancy software. They require someone actually looking at them every month, which is where a lot of business owners fall behind.

Want a second set of eyes on your numbers? Let's talk.

$💼 "Fractional CFO" gets thrown around a lot. Here's what it actually means.A fractional CFO does the same work as a full...$

08/25/2026

💼 "Fractional CFO" gets thrown around a lot. Here's what it actually means.

A fractional CFO does the same work as a full-time CFO, financial strategy, forecasting, cash flow management, fundraising support, margin analysis, just on a part-time or project basis. Where a bookkeeper or accountant keeps your past and current finances organized, a CFO's job is to help you figure out where the business is headed next.

Signs it might be time to bring one in: → Cash flow keeps surprising you instead of being something you can predict. → You're preparing to raise capital and need real financials and forecasts, not guesses. → Margins are shifting and you can't pinpoint why. → You're the one chasing invoices and covering payroll instead of setting strategy.

On cost: a full-time CFO typically runs $350K to $800K a year in salary. A fractional CFO usually runs $2,500 to $12,000 a month, most engagements land between $4,000 and $8,000, or $200 to $500 an hour if you structure it that way. Same strategic expertise, a fraction of the commitment.

If any of this sounds familiar, let's talk about what CFO-level support could look like for your business.

08/18/2026

Growing companies often assume the next step is hiring a Controller or CFO.
In reality, what many need is access to an experienced finance team that scales with the business.

08/11/2026

📅 Mark your calendar: Q3 estimated tax payments (federal AND New York State) are due September 15, 2026.

This payment covers income earned June through August. If you're self-employed, a freelancer, gig worker, or small business owner without paycheck withholding, this one's on you to track.

Who needs to pay: → Federal: if you expect to owe $1,000 or more in tax for 2026 after withholding and credits. → NY State: if you expect to owe more than $300 in state tax after withholding and credits.

How to avoid an underpayment penalty: pay at least 90% of what you'll owe for 2026, or 100% of your total 2025 tax bill (110% if your 2025 AGI was over $150,000). Hitting either of those "safe harbor" numbers protects you even if your final bill ends up higher.

One more NY-specific thing to check: if you're self-employed and work in the Metropolitan Commuter Transportation District (NYC + surrounding counties), you may also owe the MCTMT, 0.34% of net earnings once they cross $50,000.

Miss the deadline, and penalties can apply even if you're due a refund when you file.

Questions about what you owe or whether you're on track? Drop a comment, send us a DM or visit our website https://www.litriviscpa.com/acounting

08/05/2026

🥯 Did you know: in New York, a whole bagel is tax-free - but slice it, toast it, or add a schmear, and it's suddenly taxable?

Under NY's sales tax code, a bagel sold whole is a grocery item - no tax. But the moment it's sliced, toasted, or prepared to order, it's reclassified as "prepared food" and gets hit with an 8.875% sales tax. The rule dates back to the Great Depression and is still enforced today. Some bagel shops have even found workarounds, like stuffing cream cheese into an unsliced bagel to keep it tax-free.

It sounds like a punchline, but it's a real lesson in how sales tax actually works: it's rarely about what you sell - it's about how it's sold. The same logic trips up restaurants, cafes, and retailers of all kinds. Bundle two items together, heat something up, or add a service to a product, and you can shift it into a different (and higher) tax category without realizing it.

The takeaway for business owners: don't assume your product's tax treatment is fixed. Small changes in packaging, prep, or bundling can change what you owe - and it's worth checking before the state finds it for you.

Curious how NY classifies what you sell? That's exactly the kind of question we help clients get ahead of.

Address

99 Main Street, Room 202 Nyack
New York, NY
10960

Opening Hours

Monday	9am - 6pm
Tuesday	9am - 6pm
Wednesday	9am - 6pm
Thursday	9am - 6pm
Friday	9am - 6pm

Website

https://www.litriviscpa.com/, https://www.linkedin.com/company/litrivis-cpa/, https://www.instagram.com/litriviscpa/

Alerts

Be the first to know and let us send you an email when Litrivis CPA PLLC posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.