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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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New York SALT tax workarounds comparing NYS PTET, NYC PTET, and ECEP for small business owners.

New York SALT Tax Workarounds: PTET vs. ECEP and NYC Options

We love being in New York City, but running a business here can get complicated. We know because we run a business here, too.…

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Reviewing an S corporation year-end payroll checklist in a New York City office.

S-Corp Payroll Checklist: 8 Things Owners Should Review

If you own an S-Corp, our S-Corp payroll checklist covers eight things worth reviewing before your final payroll of the year. We see this…

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New York bonus depreciation comparison showing different federal and New York tax deductions

You Wrote It Off Federally—So Why Is New York Still Taxing It?

One of the more confusing parts of New York bonus depreciation is that your federal tax return and your New York tax return can…

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New York City domicile comparison between an NYC apartment and an upstate New York home

New York City Domicile: The 183-Day Rule Is Only Half the Story

We are expecting to see New York City Domicile come up much more frequently because New York City now has a non-primary residence property…

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Business owner reviewing the 2027 New York ECEP election before the December 1 deadline

New York ECEP: What S-Corp Owners should do by December 1

We love being in New York, but running a business here can be complicated. The New York ECEP is a good example: the election…

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Business owner reviewing whether they can deduct a vacation as a business expense

Can You Deduct a Vacation as a Business Expense?

Can you deduct a vacation as a business expense if you answer a few emails, take a client call, or schedule one business meeting…

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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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