Trusted Accounting Firm in Queens – Expert Tax Services in New York

If you receive an audit notice, it's essential not to panic. An IRS audit doesn't necessarily mean you've done something wrong. The first step is to contact GTA Accounting Group. We’ll review your records, gather necessary documentation, and represent you during the audit to ensure everything goes smoothly. Our team communicates directly with the IRS on your behalf, ensuring you're fully protected.

The IRS conducts different types of audits, including correspondence audits (via mail) and field audits (in-person visits). Each type requires different preparation. At GTA Accounting Group, we have experience handling all types of audits, ensuring that your rights are protected and any discrepancies are resolved quickly and efficiently.

While no one can guarantee you won't be audited, accurate tax filings and good recordkeeping significantly reduce the chances. Our accounting professionals follow IRS guidelines closely, ensuring your returns are filed correctly. We also help you maintain organized records, which is the first step toward avoiding an audit.

Payroll taxes are federal and state taxes that businesses must withhold from their employees' wages. These taxes include Social Security, Medicare, and state income taxes. Compliance is crucial because failing to withhold or remit payroll taxes on time can result in severe penalties from the IRS and the New York State Department of Taxation and Finance.

We handle every aspect of payroll tax compliance, from calculating the correct withholding amounts to ensuring timely filing and payments. Our team stays up-to-date on the latest payroll tax laws, so you don't have to worry about changes that could affect your business. We also provide regular reports to ensure transparency in your payroll operations.

Failure to comply with payroll tax laws can lead to penalties, fines, and even legal action from the IRS or state tax authorities. Our payroll services ensure that all filings are accurate and timely, helping you avoid these costly consequences.

The federal income tax filing deadline is usually April 15, while New York State may have different deadlines depending on extensions or specific circumstances. GTA Accounting Group ensures that all federal and state returns are prepared and filed on time, so you never have to worry about missed deadlines.

Yes, we specialise in helping businesses and individuals file back taxes. Whether you've missed one year or multiple years of filing, we work with the IRS and New York State to keep your taxes current and minimise any penalties or interest owed.

Numerous deductions are available to individuals and businesses, depending on your situation. These may include business expenses, charitable donations, mortgage interest, etc. At GTA Accounting Group, we'll review your financials and help you maximise deductions, ensuring you save as much as possible on your income taxes.