KRA LLC

Karen Rand Associates

About

Karen Rand Associates, (KRA LLC) has reinvented classic accounting and bookkeeping to provide financial concierge services that can manage all aspects related to finances. Our goal is to empower the influential and discerning individuals and businesses we work with. With a reputation built on trust, discretion and reliability, we ensure that the many moving parts of your life are working in sync with one another.

Organized finances are a key factor to building your career and personal life on a solid and sturdy foundation. Our goal is to ensure that the foundation of your life is a solid one, bringing our clients an enhanced sense of well-being, order and stability. Our mission is to allow your passion be your priority, not your finances.

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Divisions

  • Modeling


    Models are the backbone of the fashion industry and are often very young and living away from home for the first time. Karen Rand Associates manages all business-related finances for models, so they can fully focus on their careers. Our experienced team assists models to effectively structure their financial lives and plan for the future.

    Among our many services we: review agency statements, manage collections, process payments, and follow up on estimated tax payments. This helps models separate their personal and professional lives by keeping finances organized and identifying financial goals such as buying an apartment, saving for college, etc. As well, Karen Rand Associates interfaces with vetted, industry professionals to identify investment opportunities, organize and file taxes, and much more. We are the financial bridge between the model and his or her agency.

  • Family Office & Personal Concierge


    For families juggling multiple properties and/or staff, bill paying can be a burden. Karen Rand Associates’ Personal Concierge division services high net worth families by processing payments and household pay. We report household payroll to state agencies and ensure that all transactions are smooth and timely. And, as all families know, things come up unexpectedly. Our team serves as financial counsel and handles unplanned issues with speed and efficiency.

  • Corporate & Not For Profits


    Small business owners and not for profit organizations have enough on their plates without having to manage financial record keeping. This division of Karen Rand Associates provides financial management services including: maintaining accounting records, processing payroll and disbursements, issuing invoices to customers, reconciling bank statements, recording deposits, and any other needs that may arise. Most importantly, we help businesses and organizations create realistic budgets and stick to them by constantly monitoring activity.

Services

Karen Rand Associates makes your finances our priority.

Our financial concierge services allow us to build a relationship that makes things as simple and seamless as possible. Everything we do can be done remotely to save you time.

Our financial management services include, but are not limited to:

  • Resolving complex financial issues
  • Invoicing your customers, clients, or patients
  • Processing household and corporate payroll
  • Payroll reporting for both household and corporate payroll
  • Collecting payments
  • Processing disbursements to vendors
  • Meticulous record keeping and reporting
  • Reconciling of bank accounts and credit cards

We work with individuals, families with multiple homes, a variety of assets, and household staff as well as large and small businesses, including nonprofit organizations. We also work with private staff, personal assistants, family offices and tax professionals to ensure all information is precise and free of error.

We have built strong relationships with the tax professionals of our clients, providing them with the most accurate information and all possible resources to do an effective and thorough job in filing tax returns, minimizing tax liability.

We leverage technology in a way that promotes productivity through programs such as Quickbooks, Peachtree, Rent Manager and Data Plus.

Team

KRA has been perfecting the art of bookkeeping since the 1980s, when we were founded on the principles of Karen Rand. Her ideals of being meticulous, honest, trustworthy and fair still resonate with us today.
Our team of professionals understands that there is much more to bookkeeping than spreadsheets: People like to work with people they like, people who are passionate about what they do, and people who care about their clients.
Michael Tumminia, CPA
President
Shin Lin
Manager/COO
Joann Mei
Staff
Ruby Honerkamp
Staff
Julie Dzurita
Staff
Xanthi Mantas
Staff
Arielle Perez
Admin Support
Nick Fanourgiakis
Staff
Elena Ovsyannikova
Staff
Bernard Gonzalez
Staff
David Chen
Staff
Diana Jaramillo
Staff
Ryan Miller
Staff

Contact

Clients

We take pride in the great relationships we have developed throughout the years, improving lives and working with amazing clients.


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