Tax Services

If you run a business in New York City, there's a good chance you do at least some of your work from home. With NYC rents and housing costs as high as they are, your home office could save you real money at tax time. The IRS has clear rules about who qualifies,...

Running a business in New York City means paying more tax than almost anywhere else in the country. Most NYC business owners feel it, but few see the full picture until it’s laid out in one place. Here’s what a profitable NYC business owner typically faces. First, the...

Hiring the right accountant is one of the more consequential decisions a business owner makes — and one that's easy to get wrong if you don't know what to look for. Many NYC business owners only start thinking about this when something has already gone wrong: a missed...

If you pay contractors instead of putting them on payroll, worker misclassification is worth understanding before it becomes a problem, not after. Most business owners don't get audited randomly. There are two specific things that tend to start it. What triggers the...

Many business owners think of "audit-proofing" as a stack of receipts sitting in a drawer. It's really about understanding a handful of rules the IRS actually operates by, so you know where you stand and aren't guessing. Once you understand the timing rules, the...

Many NYC small business owners find out something is wrong the hard way, a client payment that never came in, an unexpected charge, a subscription that never got cancelled, a tax bill that's bigger than expected because nobody was watching the numbers month to month....

Many New York City business owners believe that every time they take money out of their business, they owe tax on it. That's one of the most common misunderstandings I see with my clients. In a high-tax city like New York, it doesn't just create confusion, it inhibits...

Bringing on your first employee changes your compliance picture more than most business owners expect. Up until now, you've been the only one whose taxes, insurance, and paperwork you had to think about. The moment you add someone to payroll, you're responsible for...

If you run your own business in New York, you already know the tax burden is real. Between federal income taxes, New York State taxes, New York City taxes, and self-employment taxes, it is not uncommon for a successful business owner to pay more than 50% of their...

If you're behind on filing your business taxes, you're not alone, and it's almost always more fixable than taxpayers think. The IRS, New York State, and New York City aren't looking to punish you the moment they notice. They're looking to get you compliant. The real...