Best Tax Services 2022
Inemer & Wolf LLP
Inemer & Wolf LLP is a New York business that has been serving businesses and individuals for over 11 years. Partners Ira Inemer and Joseph Wolf provide services including tax planning and compliance, income tax preparation, foreign tax credit planning, and advisor services. Expatriate tax services include payroll consulting, international compensation planning, tax treaty review, social security tax planning, and foreign bank account reporting. Clients appreciate their responsiveness, professionalism, and accuracy.
I&U CPA LLC
I&U CPA LLC is a New York business that serves US and foreign clients. The business’ services include tax planning, preparation, and resolution, part-time CFO services, accounting services such as payroll and cash flow management, investment management, estate planning, and personal financial planning. I&U CPA LLC serves a variety of professions and industries including condo associations, real estate agencies, medical clinics, advertising agencies, wholesalers, and construction companies. Clients appreciate their prices, responsiveness, and patience.
Adelman Katz & Mond LLP
Adelman Katz & Mond LLP is a New York business that serves individuals and businesses. Services include consulting, finance services, tax services, personal finance services, personal tax services, estate tax returns, trust strategies, and entity selection and formation. Adelman Katz & Mond LLP’s clients include not-for-profits, entertainers, high net worth individuals, and closely-held businesses. Clients appreciate their friendliness and professionalism.
Mark E. Feinsot, CPA
Mark E. Feinsot, CPA is a New York business that serves businesses and individuals. Services include QuickBooks consulting services, tax planning and preparation, IRS representation, bookkeeping and accounting, and estate and financial planning services. Mark E. Feinsot, CPA serves industries such as medical professionals, professional services, air transportation, entrepreneurs, and law firms. Founder Mark E. Feinsot has over 20 years’ experience.
AKS Bookkeeping Services
AKS Bookkeeping Services is a Jersey City business that serves clients in Bergen County, New York City, Westchester County, Rockland County, Nassau County, Long Island, and New Jersey. Services include income statements, accounts payable, accounts receivable, QuickBooks setup, business planning, tax preparation, payroll, and general ledger. Clients appreciate their professionalism and service.
Wasserman & Wise LLC
Wasserman & Wise LLC is a New York business that has been providing businesses and individuals with tax services for over 40 years. Services include bookkeeping, financial statements, consulting, tax planning and preparation, international tax credits, sales and use tax returns, gift tax returns, QuickBooks setup, and insurance counseling. Clients remark on their knowledge and helpfulness.
Schwartz & Gomez Tax and Accounting
Schwartz & Gomez Tax and Accounting offers a wide range of taxation and accounting services to individuals and businesses in New York City and the surrounding areas. Its tax professionals have an extensive background in the field and handle various kinds of financial needs that clients have. They take care of tax planning, preparation, and compliance as well as business management and advisory. The team caters to Spanish-speaking clients. It also serves not-for-profit organizations.
Liberty Tax
Liberty Tax offers tax preparation and planning assistance to individuals and businesses in New York City and nearby locations. The firm provides online and in-person tax filing services and bookkeeping assistance, allowing clients to oversee expenses and monitor cash flow. Its team also handles payroll processing, whether clients prefer direct deposit or checks. Additionally, the professionals calculate and file year-end and quarterly tax forms. Liberty Tax, which was established in 1997, has over 2,700 branches across the country and Canada.
Empire Tax Professionals
Empire Tax Professionals is a New York business that serves businesses and individuals in the area. The business offers accounting services for dentists, schools, daycares, and the real estate industry. Services include bookkeeping, payroll processing, and tax return preparation. Empire Tax Professionals is a Certified QuickBooks ProAdvisor. Owner and founder Rachel Michaelov is an Enrolled Agent and is a member of the National Association of Accountants, the National Association of Enrolled Agents, the National Association of Tax Professionals, and the Manhattan Chamber of Commerce. Clients appreciate their skill, compassion, and service.
Broadway Tax Professionals
Broadway Tax Professionals is a New York business that has been serving clients for over 42 years. The firm provides individuals and businesses with services such as tax planning and preparation, estates and trusts, audit services, sales tax services, corporate setup, payroll services, retirement planning, and real estate closings. Broadway Tax Professionals’ staff has over 100 years of combined tax preparation experience. Founder Sidney Kaufman is a licensed financial advisor and an Enrolled Agent. Clients appreciate their knowledge, responsiveness, professionalism, and reliability.
VJN Associates CPAs
VJN Associates CPAs is a New York business that serves Little Neck, Queens, Woodside, Elmhurst, Astoria, Bayside, Long Island City, New York City, and White Stone. Services include business tax preparation, individual tax preparation, tax planning, IRS tax audit representation, part-time CFO services, cash flow projection, and accounting services. Industries VJN Associates CPAs serves include real estate, attorneys, financial services, wholesalers, construction, small businesses, and chiropractors. Clients appreciate their knowledge and professionalism.
I & I Pro Accounting & Tax Services Corp
I & I Pro Accounting & Tax Services Corp is a New York business that serves businesses and individuals. Services include small business accounting, part-time CFO services, payroll, QuickBooks setup and training, succession planning, tax planning and preparation, back taxes owed, IRS audit representation, non-filed tax returns, estate planning, and personal financial planning.
CPA for Freelancers
CPA for Freelancers is a New York business that serves clients who are self-employed and freelancers. Services include business taxes, personal taxes, sales tax returns, tax planning, entity structuring, prior year returns, workers compensation audits, foreign taxes, retirement tax planning, and insurance audits.
Linda A Hamilton, CPA LLC
Linda A Hamilton, CPA LLC is a New York business that serves individuals and businesses. Services include tax planning and preparation, individual tax preparation, business tax returns, small business accounting, part-time CFO services, financial statements, payroll, QuickBooks setup and training, financial and retirement planning, and estate planning. The firm also provides services to non-profit organizations. Linda A Hamilton, CPA LLC is a member of the American Institute of Certified Public Accountants.
Cohen Greve & Company CPA, P.C.
Cohen Greve & Company CPA, P.C. is a Mineola business that has two locations and has been serving clients for more than 40 years. Services include estate planning, consulting services, accounting services, personal financial management, accounting services, and tax services. Cohen Greve & Company CPA, P.C. serves industries such as health care, wholesale distribution, real estate, matrimonial services, and not-for-profit. Clients appreciate their professionalism, expertise, and patience.
Presti & Naegele Accounting Offices
Presti & Naegele Accounting Offices is a New York business that has three locations and has been serving individuals and businesses for over 33 years. Services include bookkeeping, accounting, taxes, consulting, payroll, asset protection, and wealth transfer. Presti & Naegele Accounting Offices is comprised of more than 35 staff and accountants. Clients remark on their knowledge, service, and communication.
Mendonca & Partners Certified Public Accountants, LLC
Mendonca & Partners Certified Public Accountants, LLC is a New York business that has been serving businesses and individuals for over 25 years. Services include part-time CFO services, small business accounting, litigation support, payroll, cash flow management, QuickBooks setup and training, tax planning and preparation, IRS audit representation, and non-filed tax returns. Mendonca & Partners Certified Public Accountants, LLC serves many industries including food, beverage, and hospitality, retail and wholesale, real estate, wholesale and distribution, not-for-profit, and education.
Lillian’s Professionals Services, LLC
Lillian’s Professionals Services, LLC is a Brooklyn business that has been serving individuals and businesses for over 23 years. The business provides tax planning, tax preparation, IRS representation, strategic business coaching, virtual bookkeeping, non-filed returns, and business start-up assistance. Lillian won the Women of Courage Award in 2011. Clients remark on their dependability, friendliness, and skill.
George Dimov, C.P.A.
Dimov Tax Specialists, founded by George Dimov, C.P.A., offers full-service accounting support to clients in and around New York City. With twelve years of comprehensive accounting and taxation experience, Dimov is dedicated to maximizing client benefits for both individual and business tax services. Industries audited include individual taxation, corporate taxation, M&A consulting, technology, biotech, retail analysis, real estate accounting, and manufacturing. Dimov Tax Specialists also offers assistance with bookkeeping.
Expert Answers To Common Questions:
- Introduction
- When can I file my taxes?
- How much do you have to make to file taxes?
- Do I have to file taxes?
- What happens if you don\'t file taxes?
- How do I file taxes?
- How do I file taxes for free?
- Should you pay someone to do your taxes?
- What is a tax accountant?
- What do tax accountants do?
- How much does it cost to have someone do your taxes?
- How do I check if taxes were filed?
- Can a dependent file taxes?
- Can a 17 year old file taxes?
- Can you file taxes with no income?
- How do I file a tax extension?
- How do I file back taxes?
- Can married couples file taxes separately?
- How do I become a tax accountant?
- How much do tax accountants make?
- Do tax accountants need to be CPAs?
- Q: Introduction
- A: In the early spring of every year, nearly everyone has a decision to make — should you try to file your taxes on your own or hire a tax professional? There are pros and cons to each option. For example, hiring someone to do your taxes isn't free, but it will ensure that you can take advantage of everything at your disposal when filing your tax returns.Ultimately, the decision about whether to hire a tax professional will come down to factors such as the complexity of your tax situation and whether you'll be able to file them on your own.
- Q: When can I file my taxes?
- A: You can file your tax returns between getting access to your annual income information and Tax Day. In most years, federal Tax Day occurs on April 15, but in 2020 and 2021, tax deadlines were delayed because of COVID-19, extending the filing period.
- Q: How much do you have to make to file taxes?
- A: State and local minimums to file taxes vary concerning where you live. The federal minimums fluctuate depending on your age, filing status, and tax year. For example, if you filed in 2020 as single and under 65 years of age, your income needed to be at least $12,200.
- Q: Do I have to file taxes?
- A: If your income over a calendar year exceeds the threshold for your age group and filing status, you must file a federal tax return for that year. State and local rules vary. For example, there are some areas that don't have income tax at all and have different rules for filing taxes.
- Q: What happens if you don\'t file taxes?
- A: If you don't file and pay your taxes by the deadline, unpaid taxes will incur interest up to 25% of the unpaid amount. This, in addition to the unpaid amount, will be what you owe the IRS. Different states treat unpaid taxes differently and penalties range from fines to jail time.
- Q: How do I file taxes?
- A: Filing taxes involves getting your annual income documents and statements and filling out a tax return, which will tell you the amount you owe for the year. You can choose to fill out your returns yourself and mail them or file online. Or, you can hire a professional to fill out and file the returns for you.
- Q: How do I file taxes for free?
- A: There are several services that offer free filing of federal tax returns. The most notable are online services, including IRS.gov and TurboTax. You can also look around for community organizations that offer tax filing for free as a service for community members, including the local library.
- Q: Should you pay someone to do your taxes?
- A: If you're concerned about getting everything right and paying the right amount, you may want to hire someone to fill out and file your tax returns for you. You don’t need a tax accountant, but many people prefer not to have to worry about their taxes every year.
- Q: What is a tax accountant?
- A: A tax accountant is a professional who receives training in federal, state, and local tax laws, codes, and proceedings. They are qualified to assist individuals in filing their taxes and are usually in a private practice or employed by a professional tax service.
- Q: What do tax accountants do?
- A: Tax accounts ensure their clients' tax returns are filled out and filed correctly. They also advise clients on the correct documents to bring to their appointment and make sure they're aware of every credit or deduction available to them based on their specific circumstances.
- Q: How much does it cost to have someone do your taxes?
- A: According to Investopedia, the average cost of hiring a tax professional is usually between $146 and $457. If you have complex taxes or your income is higher than average, a tax accountant may charge higher fees because of the extra time and risk involved.
- Q: How do I check if taxes were filed?
- A: To see if your federal taxes were filed correctly, you can contact the IRS by phone or by going online — IRS.gov — and viewing your account. If you filed with an online service, check for a confirmation that your returns were accepted. For state and local taxes, contact tax departments where you live.
- Q: Can a dependent file taxes?
- A: Technically, a dependent can file. They're only required to file taxes when their annual income is over the tax year's minimum threshold. With this in mind, if someone who is a dependent on another person's return expects to be eligible for a refund, they can, and should, file taxes for the year.
- Q: Can a 17 year old file taxes?
- A: A minor can file taxes but isn't required to, outside of a few situations. The most common instance is when their income exceeds the standard deduction for the year. In most cases, the parent is allowed to include this return and income with theirs for the year.
- Q: Can you file taxes with no income?
- A: It's legal to file your taxes, even if you didn't earn an income during the tax year. Many people choose to do this because even if you didn't pay any taxes for the year, you can still take advantage of eligible credits, carry over state deductions, and protect against future audits.
- Q: How do I file a tax extension?
- A: To file an extension with the IRS, you'll need to fill out Form 4868 and pay any taxes you owe so that you don't have to pay a penalty for unpaid taxes. The extension itself is not penalized — it gives you an extra six months to file your tax paperwork.
- Q: How do I file back taxes?
- A: To file your returns for unpaid taxes that you owe, you'll need to gather the forms you would've filed with the old returns and file them. You can still take advantage of any credits and deductions that were active over the years you didn't file if you can show the necessary documents.
- Q: Can married couples file taxes separately?
- A: Married couples can choose to file taxes together or separately, but they’re encouraged to file together. The IRS extends several benefits for married couples who file jointly, so this is the most common option of the two.
- Q: How do I become a tax accountant?
- A: To become a tax accountant, you need to receive a traditional bachelor's degree in accounting and training — either as part of your education or separately — in your local, state, and federal tax codes. Many tax professionals receive post-graduate certifications, such as the CPA, although this isn't required.
- Q: How much do tax accountants make?
- A: The annual earnings of tax accounts and preparers varies widely based on their level of experience and employer. According to Forbes, the average earnings for an accountant can reach $95,000 in some states, while tax preparers usually earn less.
- Q: Do tax accountants need to be CPAs?
- A: Tax accountants are not required to be CPAs but many are. This is because accountants who are also CPAs are often looked at as being more credible and qualified if they're in private practice. It also qualifies them for more responsibilities as they move up in their careers.