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Services

Tax preparation & planning

Business and personal returns, planned before year end.

Bookkeeping & monthly close

Reconciled books, closed by the 10th of every month.

Advisory

Cash-flow forecasts, entity choices and a monthly review.

Audit & assurance

Reviews, compilations and audits for lenders and boards.

All services →

Industries

Dental & medical

Practice entities, owner pay, buy-ins.

Construction

Job costing and bonding statements.

Restaurants

Tips, payroll and food-cost reporting.

Nonprofits

Form 990, restricted funds, audits.

Retail & trades

Inventory, sales tax and seasonal cash.

Real estate

Rentals, 1031 exchanges, depreciation.

All industries →

Partners

Eleanor Ashcombe, managing partner, portrait

Eleanor Ashcombe

Managing partner · tax

Daniel Reed, tax partner, portrait

Daniel Reed

Tax partner · CPA, CFP

Denise Carter, audit partner, portrait

Denise Carter

Audit partner

Robert Hale, advisory partner, portrait

Robert Hale

Advisory partner

Meet the firm →

Fees

Tax calendar

Blog

Contact

Client portal

Book a consultation

About the firm

Two partners, one rule: answer the same day.

Eleanor Ashcombe and Daniel Reed opened the firm in 1998 above a bakery on West 27th Street. The bakery is gone. The rule stayed.

Small firm team standing together in their office

The numbers behind the firm

1998

Founded in Manhattan

Two partners, one office on West 27th Street.

400+

Owner-run businesses

From two-chair dental practices to 40-person contractors.

4.9

Google rating

From 212 reviews across both offices.

1 day

Partner reply time

Every email and portal message, every business day.

Feature art: the Manhattan office, ring and arched photo
The team at work in the Manhattan office

How we work

Small enough to know your file. Big enough to cover April.

Twenty-two people across two offices, four of them partners. Every client has a named partner and a senior accountant, and the two of them read every return before it leaves.

We publish our fees because we'd want to see them ourselves.

✓

Licensed in New York and New Jersey

✓

AICPA and NYSSCPA members

✓

Peer reviewed every three years, clean each time

Our history

Since 1998

From a one-room practice on West 27th Street to two offices and four partners.

Eleanor Ashcombe opens the firm

A one-room practice on West 27th Street, doing returns for neighborhood businesses.

1998

2004

Daniel Reed joins as tax partner

The firm becomes Ashcombe & Reed and adds year-round tax planning.

Montclair office opens

A second office on Church Street for clients across Essex County.

2011

2016

Audit and assurance practice

Denise Carter builds the audit team for nonprofits, lenders and boards.

Secure client portal

Every document, signature and deadline moves off email.

2020

2026

400 owner-run businesses

Four partners, two offices and one named partner on every file.

1998

Eleanor Ashcombe opens the firm

A one-room practice on West 27th Street, doing returns for neighborhood businesses.

2004

Daniel Reed joins as tax partner

The firm becomes Ashcombe & Reed and adds year-round tax planning.

2011

Montclair office opens

A second office on Church Street for clients across Essex County.

2016

Audit and assurance practice

Denise Carter builds the audit team for nonprofits, lenders and boards.

2020

Secure client portal

Every document, signature and deadline moves off email.

2026

400 owner-run businesses

Four partners, two offices and one named partner on every file.

The team on your file

Your partner leads. These are the people who close your books, file your payroll and answer the portal.

James Porter, senior accountant, portrait

James Porter

Senior accountant

Runs the monthly close for our construction and trades clients.

Monica Ellis, tax manager, portrait

Monica Ellis

Tax manager

Prepares business returns and leads the November planning calls.

Hannah Brooks, bookkeeping lead, portrait

Hannah Brooks

Bookkeeping lead

Sets up new clients in the portal and in QuickBooks or Xero.

Ryan Mitchell, payroll specialist, portrait

Ryan Mitchell

Payroll specialist

Files payroll and sales tax in New York and New Jersey.

Karen Doyle, client service manager, portrait

Karen Doyle

Client service manager

Your first call for documents, deadlines and the portal.

Greg Turner, audit senior, portrait

Greg Turner

Audit senior

Leads fieldwork on nonprofit audits and lender reviews.

Members and certified partners

AICPA

American Institute of CPAs

Member firm

NYSSCPA

New York State Society of CPAs

Member firm

NJCPA

New Jersey Society of CPAs

Member firm

QuickBooks ProAdvisor

Advanced certification

Certified

Xero partner

Certified advisors on staff

Certified

Watch

Your business tax account, in a minute

A short IRS walkthrough of the online account we set up for every business client, so you can see payments and notices yourself.

Advisor and client talking at a round table

▶

Business tax account overview, from the IRS

1:16

Client stories

Three owners, three different problems. Each one now gets a plan in November instead of a bill in April.

Dr. Megan Walsh, Walsh Family Dentistry

Dental & medical

Walsh Family Dentistry

A two-chair practice buying out a retiring partner, with no view of cash until April.

“We used to find out what we owed in April. Now we see it every month.”

Dr. Megan Walsh, owner

$38k

tax saved in year one

10th

books closed every month

Marcus Hayes, Hayes Building Co., on a job site

Construction

Hayes Building Co.

A 40-person contractor bidding on jobs without knowing which ones made money.

“Our bonding line went up because the WIP report finally made sense.”

Marcus Hayes, president

+40%

bonding capacity

12

jobs costed monthly

Laura Bennett, executive director, Riverside Pantry

Nonprofits

Riverside Pantry

A growing food pantry facing its first single audit and a board asking for monthly numbers.

“Our first audit was calm. The board gets the same report every month.”

Laura Bennett, executive director

3

clean audits in a row

6 wks

990 filed early

Results are specific to each client. Your figures will depend on your business.

Bring last year's return. We'll take it from there.

A free hour with a partner. You leave with a written scope and a fixed fee.

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CPAs for owner-run businesses and the families behind them.

118 West 27th Street, New York

21 Church Street, Montclair

© 2026 Ashcombe & Reed, CPAs · Licensed in NY and NJ · AICPA member

Ashcombe & Reed is a fictional firm.

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