Tax Services for NYC Businesses Needing Clarity
From compliance to planning, we’ll help you navigate the city’s tax maze and keep more in your pocket.
In NYC, taxes can feel like a labyrinth.
Whether you’re looking to ensure tax compliance or ready to start strategically planning your taxes, we understand the NYC playbook inside out.
Make tax season easy:
Understand what you have to pay and why
Navigating the NYC tax laws can be stressful; we help you understand the specific rules for your business.Clear tools that help you file on time
We help you set up your QuickBooks and ensure your data is ready for filing on time, every time.Keeping ahead of upcoming deadlines
We’ll keep you up-to-date with any upcoming deadlines, so you can stay calm and focus on your business.
This is what tax compliance should feel like
MFO helped us restructure our pay model and tax filings. It’s saved us hours—and anxiety
MFO helped us restructure our pay model and tax filings. It’s saved us hours—and anxiety.Doug WingoFounder, Wingo NYC
Tax planning services to reduce your NYC tax bill:
- We help you understand your tax obligations so you know exactly what you’re paying and why.
- We craft a plan and adjust it over time to minimize your taxes and keep them low for the long haul.
- We give proactive estimated payment guidance so you’re not caught off guard by an unexpected bill.
- We use every rule in the NYC playbook so you master the system and not pay more than you need to pay.
How we’ve helped other NYC businesses
One of our clients had a total revenue of $150,000, with $35,000 of expenses, and was staring down a hefty New York City Business Tax bill of over $8,000 – here’s how we leaped into action.
We suggested the company elected for S-Corp status for the upcoming year, enabling the owner to receive payment via payroll.
The client's NYC tax bill plummeted from $8,000 to $2,000 - a $6,000 savings!
With most taxes now deducted from the paycheck, quarterly estimated payments would no longer be a recurring hassle.
How we make this possible
Led by NYC accountants Ken and Stephen, our team knows the challenges NYC businesses face day in and day out. We’ve been there, and we’re ready to support you with clear answers and lots of space to ask questions.
We help you navigate complex NYC tax laws
We know the nitty-gritty of NYC tax law, labor law, and business realities, so we can better support your day-to-day and long-term plans in the city you love.
We don’t just tick boxes; we stay proactive in our partnership
You’ll feel the stress slip away when you’ve got clean books and compliance support from one of the safest pairs of hands in the city.
We help you plan ahead
Transition from catching up to ongoing strategic bookkeeping that helps you fuel your next big move, purchase, or hire.
FAQs
What’s the difference between tax compliance and tax planning?
What’s the difference between tax compliance and tax planning?
What’s the difference between tax compliance and tax planning?
What’s the difference between tax compliance and tax planning?
What’s the difference between tax compliance and tax planning?
What’s the difference between tax compliance and tax planning?