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Accounting Insights for NYC Business Owners

Practical bookkeeping, tax planning, and payroll guidance for New York City service businesses — built to keep your numbers accurate, your taxes low, and your business growing.

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Small business owner reviewing cash flow to avoid a business tax surprise

Business Tax Surprise: Why You Owe Taxes When the Cash Is Gone

A business tax surprise can feel especially frustrating when your company had a good year but there is not much money left in the…

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Small business health insurance options being reviewed by an employer and employees

Small Business Health Insurance Options: Four Ways to Help Your Employees

This is the time of year when many of my clients receive their health insurance renewal notices and are shocked by the proposed increases.…

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Business owner reviewing employer qualified overtime reporting for 2026

“No Tax on Overtime” Creates a New Employer Reporting Responsibility

Your payroll system says an employee received $15,000 in overtime pay. How much belongs in employer qualified overtime reporting for 2026, is it $15,000,…

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Small-business owner reviewing employer qualified tips reporting for 2026

“No Tax on Tips” Creates New Payroll Questions for Employers

If your payroll report says an employee received $12,000 in tips, do you know whether all $12,000 qualifies under the new federal rules? “No…

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NYC home office deduction for a business owner working from a condo or co-op apartment

NYC Home Office Deduction for Condo and Co-op Owners

We love being in New York City, but running a business here can get expensive. That means we want to take advantage of legitimate…

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Parent reviewing Trump Accounts for kids and long-term savings options

Trump Accounts for Kids: What Parents Should Know

If you have children, grandchildren, or employees with children, Trump Accounts for kids are worth putting on your radar. These new accounts are designed…

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NYC business owner reviewing a contract under the NYC Freelance Isn’t Free Act

The NYC Freelance Isn’t Free Act Explained for Business Owners

The NYC Freelance Isn’t Free Act affects many New York City businesses that hire freelancers, consultants, designers, writers, photographers, developers, marketers, and other independent…

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NYC business owner using the New York State Voluntary Disclosure Program to resolve past-due sales tax filings

How NYS Voluntary Disclosure Saved Our Client $13,000

The NYS Voluntary Disclosure Program can give an eligible business owner a way to correct past tax problems before the Tax Department contacts them.…

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Small business owner reviewing an NYC employee hiring checklist for payroll, insurance, and onboarding requirements

NYC Employee Hiring Checklist for Business Owners

Hiring your first employee is a big step. It also comes with more paperwork than most business owners expect. This NYC employee hiring checklist…

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