The story of this company begins in 1982 with a small independent tax practice called NB Bookkeeping founded by Ms. Natalie Berman, CPA. In 1994, she partnered with Mr. Boris Foxman to build a diverse accounting practice serving primarily U.S. immigrants from Eastern Europe. In 1995, the company incorporated into National Business & Accounting Consultants (NBAC) Corporation and over the next 5 years significantly expanded its services, created partnerships and built a solid network of companies and practitioners while focusing on small to mid-sized foreign companies doing business in the United States.
Due to personal qualities of its leaders, their devotion to growing the practice and emerging international population of the Greater Washington area, NBAC has expanded its international clientele to include well-known international corporations, nonprofit organizations, sport celebrities, diplomats, entrepreneurs, scientists and professionals from over 80 countries and all continents.
NBAC is a unique business advisory and data processing firm that specializes in servicing foreign companies and foreign-born individuals doing business in the United States.
NBAC is consistently selected as a business partner over its competition and here are some of the reasons why:
Our tax, accounting and employee benefits advisors have provided services to a very diverse group of clients, successfully represented them before the Internal Revenue Service in courts, defended them in IRS audits, and consistently lead to developing effective tax strategies. Understanding clients' business, professional expertise and creative thinking helped them get companies off the ground by arranging financing for startup ventures, real estate projects and import-export transactions.
Resources of a large company, service of a boutique firm
It is challenging for many companies to manage their relations with different service providers in the areas of tax, accounting, payroll, employee benefits, human resources and other related areas. It is even more difficult to manage such relationships remotely. NBAC has embraced this daunting task and has become one point of contact to coordinate all aspects of financial management according to client's requirements.
A vast network of professionals, as well as a large number of corporate partnerships and affiliations with the most reputable service providers, financial institutions and industry experts have put NBAC at the forefront of small and mid-sized companies looking for guidance, support, and hands-on assistance in all aspects of growing their business in the United States.
One of the most critical parts of doing business is communication. NBAC principals and the majority of staff have multicultural backgrounds, are bilingual and have spent most of their careers assisting foreign companies grow their business in the U.S. Working with individual and corporate clients from over 80 countries for over 25 years has allowed NBAC to build and allocate the knowledge base that is efficiently and effectively transformed into an action plan for the company's clients. NBAC has gone even further to help its clients find business partners, arrange financing for startup companies, business purchases and real estate projects.
Guiding clients through the mist of unknown
What makes any business relationship solid, besides other things, is certainty and transparency between partners that is often missed in relationships between accounting firms and their smaller clients, and out of 7.5 million establishments in the U.S., 6.5 million are small companies with less than 100 employees (Bureau of Statistics 2005). NBAC has cleared up a myth that a small international company cannot afford good advice and comprehensive outsourced back office assistance in the United States. Not only has NBAC made it affordable but it has ensured that assistance is provided with high quality, dedication and accountability.