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.

Two members of the Ashcombe & Reed team in the Manhattan 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.

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
Home office interior
Our history

Since 1998

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

  1. 1998

    Eleanor Ashcombe opens the firm

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

  2. 2004

    Daniel Reed joins as tax partner

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

  3. 2011

    Montclair office opens

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

  4. 2016

    Audit and assurance practice

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

  5. 2020

    Secure client portal

    Every document, signature and deadline moves off email.

  6. 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

    James Porter

    Senior accountant

    Runs the monthly close for our construction and trades clients.

  • Monica Ellis, Tax manager

    Monica Ellis

    Tax manager

    Prepares business returns and leads the November planning calls.

  • Hannah Brooks, Bookkeeping lead

    Hannah Brooks

    Bookkeeping lead

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

  • Ryan Mitchell, Payroll specialist

    Ryan Mitchell

    Payroll specialist

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

  • Karen Doyle, Client service manager

    Karen Doyle

    Client service manager

    Your first call for documents, deadlines and the portal.

  • Greg Turner, Audit senior

    Greg Turner

    Audit senior

    Leads fieldwork on nonprofit audits and lender reviews.

Members and certified partners

  • AICPA American Institute of CPAsMember firm
  • NYSSCPA New York State Society of CPAsMember firm
  • NJCPA New Jersey Society of CPAsMember firm
  • QuickBooks ProAdvisor Advanced certificationCertified
  • Xero partner Certified advisors on staffCertified
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.

Caucasian colleagues give each other high five
Business tax account overview, from the IRS1:16

Client stories

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

Dr. Megan Walsh in her practice
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
Read the story
The Hayes Building crew on site in Queens
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
Read the story
A volunteer stocking shelves at 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
Read the story

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.