New York State Tax ServicesNew York State Tax ServicesNew York State Tax Services

Our tax preparation services are tailored to minimize your tax liabilities and maximize your financial benefits. We are dedicated to staying updated with the latest New York State tax laws and regulations, allowing us to offer you accurate and effective strategies.

Customized Tax Strategies

We develop personalized tax plans that align with your financial goals and comply with New York State regulations.

Year-round Support

We offer continuous support and guidance throughout the year, not just during tax season.

Accurate Tax Filing

Our meticulous approach ensures all your federal and state tax returns are prepared and filed accurately and on time.

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Income tax preparation

Professional Assistance

Get professional assistance to navigate New York State income taxes with ease. We ensure accurate tax filings, maximize deductions, and comply with state regulations. Whether you're an individual or a business, our tailored solutions simplify your tax preparation process and help you save time and money.

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Payroll tax compliance

Payroll Experts

Stay compliant and stress-free with our expert payroll tax compliance services. We handle accurate calculations, timely filings, and adherence to federal, state, and local tax regulations, ensuring your business avoids penalties. Let us streamline your payroll process so you can focus on growing your business.

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State audit representation

Expert Representation

Stay compliant and stress-free with our expert payroll tax compliance services. We handle accurate calculations, timely filings, and adherence to federal, state, and local tax regulations, ensuring your business avoids penalties. Let us streamline your payroll process so you can focus on growing your business.

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State tax planning

Optimize

Optimize your tax strategy with our state tax planning services. We help individuals and businesses minimize tax liabilities, ensure compliance with state regulations, and plan for future growth. Our tailored solutions are designed to maximize savings and align with your financial goals.

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State tax credits

Unlock Savings

Unlock savings with our state tax credit services. We identify and maximize eligible tax credits for your business or personal filings, helping you reduce your tax burden. Stay informed and take full advantage of opportunities to enhance your financial outcomes.

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Franchise tax filing

Compliance & Accuracy

Ensure compliance and accuracy with our franchise tax filing services. We handle the complexities of franchise tax requirements, calculate your liabilities, and file timely reports to keep your business in good standing. Let us simplify the process so you can focus on growth.

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Property tax assessments

Accurate Valuations

Ensure accurate property valuations with our property tax assessment services. We review your assessments, identify potential errors, and provide guidance on appeals to help reduce your tax burden. Maximize savings and gain peace of mind with our expert support.

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Nexus determination

Analyze Business

Understand your tax obligations with our nexus determination services. We analyze your business activities across states to identify where you have tax responsibilities, ensuring compliance with state and local regulations. Stay informed and avoid unexpected liabilities with our expert guidance.

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Excise tax compliance

Compliance Services

Simplify excise tax management with our compliance services. We ensure accurate reporting, timely filings, and adherence to federal, state, and local excise tax regulations. Let us handle the complexities while you focus on running your business smoothly.

CPA New York State

Business Tax Services

We comprehend the intricacies of New York business taxes and provide comprehensive services to assist you in navigating them with ease.

New York State Tax Services

Tax Preparation and Compliance

Rest assured that your business will meet all federal, New York State, and local tax requirements with our comprehensive preparation and compliance services.

Sales & Use Tax

Accurately calculate and file New York sales and use taxes to ensure compliance with regulations and prevent penalties for your business.

Tax Planning for Businesses

Create comprehensive tax strategies to foster your business's growth and financial stability, ensuring compliance with state-specific regulations.

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Personal Tax Services

We offer personalized tax services designed to assist you in reaching your financial goals while maintaining full compliance with New York tax regulations.

New York State Tax Services

Individual Tax Preparation

Professional preparation of your federal and New York State tax returns to maximize your refunds and minimize liabilities.

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Estate and Trust Tax Services

Comprehensive management of estate and trust taxes to preserve your wealth and ensure compliance with New York State laws.

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Retirement Tax Planning

Strategic planning to minimize taxes on your retirement income and maximize your savings under New York State regulations.

Expertise

Specialized Tax Services

We provide a variety of specialized tax services at our CPA accounting firm to assist individuals and businesses in navigating the intricate tax regulations of New York State. Our team of experts offers personalized solutions, including IRS Representation, Tax Resolution, and International Tax Services.

New York State Tax Services

IRS Representation

Expert representation and support during IRS audits, examinations, and collections.

New York State Tax Services

International Tax Services

Assistance with tax planning and compliance for expatriates, foreign nationals, and businesses with international operations.

New York State Tax Services

Tax Audits Support

Solutions for resolving tax issues such as back taxes, penalties, and interest.

Latest Changes in Tax Rules for 2024

Personal Tax Rules in New York

Standard Deduction Increase

The standard deduction for single filers has increased from $8,000 to $8,500.

Earned Income Tax Credit (EITC)

The New York State EITC has been expanded to provide additional benefits to more taxpayers.

Child Tax Credit

The credit amount has been increased and adjusted for inflation to provide greater support to families.

Property Tax Relief Credit

Enhanced property tax relief for homeowners meeting certain income thresholds.

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Business Tax Rules in New York

Corporate Tax Rate Adjustment

The corporate tax rate for small businesses has been reduced from 6.5% to 6.0% for businesses with net income below $5 million.

Pass-Through Entity Tax (PTET)

New regulations allow eligible pass-through entities to elect a tax that can be deducted for federal purposes.

Sales Tax on Digital Products

New York State now requires the collection of sales tax on certain digital products and services

Green Energy Tax Incentives

New credits for businesses investing in renewable energy and energy-efficient upgrades.

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Federal Tax Rules in New York

Child Tax Credit

The federal child tax credit has been increased to $2,200 per qualifying child.

Standard Deduction Increase

The federal standard deduction has increased to $13,850 for single filers and $27,700 for married couples filing jointly.

Retirement Contribution Limits

 The contribution limit for 401(k) plans has increased to $23,000, with an additional catch-up contribution for those aged 50 and over.

Small Business Tax Credit

Introduction of new credits for small businesses that provide paid family and medical leave to employees.

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Why Choose GTA Accounting Group for Taxes in New York?

At GTA Accounting Group, we believe that trust and authority are fundamental to building strong, lasting relationships with our clients. Here’s how we establish ourselves as a leading CPA accounting firm in New York:

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Experienced Professionals

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Thought Leadership

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Community Involvement

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Accreditations and Certifications

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Transparent Pricing

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Advanced Technology and Security

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Continuous Learning and Improvement

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Our Amazing Team

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Dennis Williams

Manager Cross Border Tax department (Canada–US)

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Sohail Afzal

CEO & Founder

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Steven Matos

Principal

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Nathan Kazmierski

Tax & Assurance Partner

Clients frequently ask

We are dedicated to staying updated with the latest New York State tax laws and regulations, allowing us to offer you accurate and effective strategies.

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What documents do I need to provide for tax preparation?

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How can I reduce my tax liability in New York State?

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What if I made an error on my tax return?

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How long should I keep my tax records?

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What services do you offer for businesses facing IRS audits?

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How do international tax services differ from domestic tax services?

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