I live in Connecticut and work in New York. How is my income taxed?

Your income has to be allocated correctly across Connecticut and New York, and both states audit residency and domicile aggressively. We manage the allocation, the credit for taxes paid to another state, and the residency position, and confirm every position against current guidance.

How do you value a closely held interest for a partner exit?

We apply the asset, market and income approaches, normalize earnings, document add-backs and discounts, and produce a defensible report both sides can use. For complex ownership tiers, the independent valuation is what makes the exit close without a dispute.

Where We Serve · Fairfield County

Accounting, CFO and Turnaround Services in Greenwich, CT

The C2 Group Inc. provides business valuation, outsourced CFO, expert testimony and multi-state tax services to firms and owners in Greenwich, Fairfield County, Connecticut. The firm has served the tri-state area for over 30 years from its office in Pleasantville, New York. Greenwich is one of the most concentrated financial services communities in the country, and the work here centers on transactions, valuations, estate planning and senior-level reporting.

Book a Free Consultation (914) 210-1008

Doing business in Greenwich

Greenwich is one of the most concentrated financial services communities in the country, with investment management firms, family offices, private funds and the professional services ecosystem that supports them, alongside an independent business base along Greenwich Avenue and in the surrounding districts. Proximity to Westchester and New York City means many owners and principals operate across all three jurisdictions. The work in Greenwich runs toward business valuations for partner exits and estate matters, expert testimony, growth advisory with a succession emphasis, and outsourced CFO reporting for smaller investment and professional firms. The residency and domicile questions for principals with New York and Connecticut ties are constant, and both states audit them aggressively.

Our Office

The C2 Group Inc. serves Greenwich from its Westchester office in Pleasantville. We meet Greenwich clients at our office, at their location, or virtually. There is one office, no exceptions.

265 Pleasantville Rd, Pleasantville, NY 10570
Monday–Friday, 9:00 AM – 6:00 PM ET
(914) 210-1008

How we work with Greenwich

The work here runs toward the senior end of the practice.

Privately held firms and family offices in Greenwich come to us for independent valuations of closely held interests, especially for partner exits and estate matters.

Smaller investment and professional firms use us as a fractional CFO for reporting, margin analysis and the senior judgment on big decisions.

Contested matters bring us in for expert testimony in Connecticut and New York proceedings.

Principals with income across NY, CT and NYC rely on us to manage residency, domicile and allocation correctly, and to coordinate with estate counsel and outside advisors.

Services for Greenwich businesses

Eight disciplines, one senior team.

Accounting & Tax

Monthly close, financial statements, business and personal tax, multi-state filing, and year-round planning instead of April scrambling.

Outsourced CFO

Fractional CFO retainer, 13-week cash flow modelling, KPI dashboards, board and lender reporting, and margin analysis.

Turnarounds

Rapid diagnostic, cash stabilisation, creditor workouts, and a 90-day execution plan when the business is losing money and the covenant is near.

Valuations

Defensible valuations for sale, purchase, partner buyout, estate and gift, and lender requirements.

Systems Design

System selection and implementation, chart of accounts rebuild, close-process design, internal controls, and reporting packages.

Plans & Financing

Lender-ready business plans, financial models, SBA and conventional loan packages, capital structure advice, and lender introductions.

Growth Advisory

Strategic planning, market and margin expansion, acquisition due diligence, succession and exit readiness, and performance improvement.

Expert Testimony

Expert witness testimony, forensic accounting, economic damages and lost profits calculations for attorneys across the tri-state area.

A representative engagement

The shape of the work, close to Greenwich.

Valuation8 weeks to valuation; closed within 90 days.

A privately held Greenwich firm with complex ownership

Situation: A partner was exiting and the ownership structure was complex enough that an independent valuation was required, with the reporting package rebuilt afterwards.
What we found: The ownership tiers and related-party arrangements made a rule-of-thumb valuation indefensible, and the existing reporting could not support a transaction.
What we did: We performed an independent valuation of the closely held interest and rebuilt the reporting package so the number was defensible and the ongoing reporting was clean.
Result: The partner exit closed on an agreed value within 90 days, and the firm kept a reporting package that supported future transitions and compliance.

See all case studies

Tax and compliance in Greenwich

The filing questions that catch owners out.

Rates and thresholds are confirmed against current state guidance before they touch a return.

The Connecticut Pass-Through Entity Tax applies here with its own election and credit structure [verify current rules and rate]. Residency and domicile questions for principals with New York and Connecticut ties are significant, and both states audit them aggressively. Allocation of income across NY, CT and NYC has to be managed together, along with the credit for taxes paid to another state. Valuation standards for closely held interests in estate and gift contexts must meet the documentation level the IRS expects. We coordinate with estate counsel and outside advisors and confirm every rate and rule against current guidance before it touches a return or a report.

Questions

Greenwich questions, answered.

Yes. We provide independent valuations of closely held interests, outsourced CFO reporting for smaller investment and professional firms, and expert testimony for contested matters. The work here centers on transactions, estate planning and senior-level reporting.

Getting here

Approximately 20 miles from Greenwich. About a about 35 minutes drive from our Pleasantville office.

The office is in Pleasantville, Westchester County. Most engagements run on a mix of on-site and remote work, so the drive is for the meetings that genuinely need to be in person.

Relevant insights for Greenwich owners.

Where else we serve

Neighbouring communities.

Start here

Tell us what is going on. A senior advisor reads every message.

The first consultation is free. Daniel W. Correa, CPA, PhD or a senior advisor responds within one business day.

(914) 210-1008

Free Consultation

A 30-minute call costs you nothing. Not making it can cost you a quarter.

Tell us what is going on in the business. We will tell you whether we can help, what it would look like, and what it would cost. No pressure, no obligation.

Results, not reports.

Book a Free Consultation (914) 210-1008