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Why Choose GTA Accounting Group for Expert CPA Services in New York City?

Comprehensive Tax Services in New York City for Businesses and Individuals

At GTA Accounting Group, we provide a full range of tax services in New York designed to help you stay compliant, reduce tax liabilities, and make informed financial decisions. Whether you're managing state taxes for your business or navigating complex federal filings, we offer expert guidance every step of the way.

State Tax Services

We understand the complexities of New York State's tax system and offer various services to help businesses and individuals manage their state tax obligations.

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State Tax Credits and Incentives

New York offers various tax credits and incentives for businesses, but these can be tricky to identify. Our team helps you take advantage of every opportunity and ensures you receive the benefits you're entitled to.

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Income Tax Preparation and Filing

Filing state taxes can be stressful, especially with the risk of penalties for incorrect filings. We provide accurate tax preparation in NYC to ensure you file your state income taxes on time and without errors, relieving you of stress and worry. With our expert services, you can be confident in your tax filings.

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Sales and Use Tax Compliance

If your business sells goods or services in New York, you must comply with state and local sales tax regulations. We ensure that your sales and use taxes are filed correctly, helping you avoid unnecessary penalties. You must comply with state and local sales tax regulations if your business sells goods or services in New York

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Nexus Determination and Compliance

If your business operates across state lines, knowing where you have a tax "nexus" means a tax obligation is essential. We help determine whether your business owes taxes in other states and ensure you're fully compliant.

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Payroll and Excise Tax Compliance

Managing payroll taxes can be time-consuming and complicated. We handle everything from calculating withholdings to filing returns, ensuring your payroll tax filings are always accurate and timely. If your business is subject to excise taxes, we manage those filings, ensuring seamless compliance.

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Property and Franchise Tax Filing

New York businesses are often subject to property and franchise taxes. Our team handles property tax assessments and prepares your franchise tax filings precisely, helping you stay on top of your obligations.

Federal Tax Services

In addition to state taxes, we offer a comprehensive range of federal tax services to ensure you meet your business and personal tax obligations.

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Corporate and Partnership Tax Returns

Filing corporate taxes can be complicated, especially for businesses with unique structures like partnerships. We provide accurate and timely corporate tax filing in New York to ensure your business complies with federal tax regulations.

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Nonprofit Tax Services

If you run a nonprofit in New York City, maintaining your tax-exempt status is crucial. We handle nonprofit tax services, ensuring your organization meets all IRS requirements and complies with state and federal laws.

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Estate and Trust Tax Returns

Filing taxes can be overwhelming for individuals managing estates or trusts. We offer expert assistance in filing estate and trust tax returns, helping you comply with federal rules while minimizing tax liabilities.

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IRS Audit Representation

If you're facing an IRS audit, we provide professional support to represent your interests. Our experienced team will guide you through the audit process, ensuring you have the support to resolve any issues efficiently. With our team, you can have peace of mind during this challenging process.

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International Tax Planning

Whether you're a business with international operations or an individual with cross-border tax obligations, our international tax planning services help you comply with U.S. tax laws while navigating foreign tax requirements.

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Reliable Professionals

From tax preparation in NYC to handling federal tax filings for corporations and individuals, our focus is always on making your life easier and giving you the confidence that your financial matters are in good hands.

Contact us today to schedule a consultation. During this consultation, we'll assess your particular needs and provide you with a clear plan of how our CPA services in New York City can benefit your business.

More than 25 years of experience

3000+ clients in North America

250+

Projects completed

126

Accountants

64

Award winning

Accurate and Timely Accounting Services in New York City

At GTA Accounting Group, we understand the importance of confidentiality regarding your financial information. Our accounting services in New York City ensure your financial records are well-organized, compliant, and up-to-date while maintaining the highest level of privacy and security.

Bookkeeping Services for NYC Businesses

Keeping your books in order is the foundation of strong financial management. Our bookkeeping services in New York City ensure that your financial records are always accurate, organized, and ready when needed. We handle everything from tracking daily transactions to reconciling bank statements so you can focus on growing your business.

  • We maintain detailed records of all your income and expenses.
  • We provide regular financial updates so you always know where your business stands.
  • With our expert bookkeeping, you'll be ready for tax time without the usual stress.
Financial Statement Preparation

Your financial statements are essential for making informed business decisions. At GTA Accounting Group, we prepare financial statements that comply with accounting standards and give you a clear picture of your company's financial health. Whether it's for lenders, investors, or internal planning, our financial statements are always precise and reliable.

  • We prepare balance sheets, income statements, and cash flow statements.
  • We ensure compliance with relevant reporting standards, reducing the risk of errors.
  • Accurate financial statements give you the confidence to make sound decisions about your business's future. With our precise and reliable financial statements, you can feel empowered to steer your company in the right direction.
Payroll Services

Managing payroll can be time-consuming and complex, especially with changing tax laws and employee regulations. Our payroll services in NYC ensure that your employees are paid accurately and on time while keeping you compliant with payroll tax laws. We handle everything from calculating salaries to filing payroll taxes, making the process hassle-free.

  • We calculate wages, withholdings, and other deductions for your employees.
  • We file payroll taxes with the appropriate local, state, and federal agencies.
  • You can trust that your payroll will be processed smoothly, ensuring employee satisfaction and compliance.
Budgeting and Forecasting

Planning for your business's financial future is as essential as managing day-to-day operations. Our budgeting and forecasting services help you set realistic financial goals, manage cash flow, and plan for growth. We analyze your economic data to create forecasts that guide your decisions and keep your business on track.

  • We work with you to develop a budget tailored to your business's needs.
  • Our forecasts help you anticipate expenses, revenues, and cash flow.
  • With our financial planning support, you'll be better prepared to achieve long-term success.

At GTA Accounting Group, we aim to provide accounting services in New York City that help your business thrive. From bookkeeping services to comprehensive financial planning, we take the burden of managing finances off your shoulders so you can focus on what matters most.

Ready to get started? Contact us today to learn how our services can benefit your business and keep your finances running smoothly.

CPA in New York

Business Advisory Services in New York City

CPA New York City

Running a business in New York City requires thoughtful planning, strategic decisions, and a clear vision for the future. At GTA Accounting Group, our business consulting in NYC provides the guidance and expertise you need to succeed in this competitive market. Whether you're planning for growth, navigating a significant transition, or managing risks, our advisory services are designed to help you make informed decisions that move your business forward.

Business Consulting

In a fast-paced environment like New York City, you have the right advice at the right time. Our business consulting in NYC focuses on giving you the strategic insights needed to grow and manage your company. From improving operational efficiency to scaling your business, we offer practical solutions that help you overcome challenges and reach your goals.

  • We help you analyze your business's current position and identify areas for improvement.
  • Our expert team provides tailored recommendations for growth, profitability, and long-term success.
  • We focus on helping you make data-driven decisions about expansion, cost-cutting, or restructuring.

Succession Planning and Business Valuation

Planning for the future is critical to ensuring your business continues to thrive. Whether preparing for retirement, passing the company to the next generation, or looking to sell, we offer succession planning services that guide you through the process. We also provide business valuations to help you understand your company's worth.

  • We develop customized succession plans to ensure a smooth transition of leadership or ownership.
  • Our valuation experts assess your business's financial health, market position, and growth potential to provide an accurate valuation.
  • With our guidance, you'll be fully prepared for critical decisions like selling, transferring ownership, or passing your business to your family.

Risk Management and Mergers & Acquisitions

Managing risks is essential to protecting your business in a constantly changing market. Our risk management services help you identify potential challenges and develop strategies to address them. If you're considering a merger or acquisition, our expert team offers comprehensive advice to ensure the process is successful and beneficial for your business.

  • We identify financial, operational, and strategic risks that could impact your business and help you mitigate them with practical solutions.
  • We provide thorough analysis and expert guidance for mergers and acquisitions to ensure smooth transitions and sound investments.
  • We work with you every step of the way, ensuring you have the knowledge and support you need to make confident decisions.

At GTA Accounting Group, we understand that every business has unique challenges and opportunities. Our business tax services in NYC and advisory support provide you with the tools and insights to tackle those challenges head-on. Whether you're planning strategic initiatives, managing risks, or preparing for the future, we're here to help you succeed.

Ready to take the next step? Contact us today to learn how our business consulting in NYC can help you achieve your goals and secure your business's future.

New York City Tax Compliance Services

CPA New York City

We assist individuals and businesses in preparing and filing New York State and New York City income taxes. NYC residents are subject to both state (4%–10.9%) and city (3.078%–3.876%) tax rates. Our team ensures accurate and on-time filing to avoid penalties.

NYC Sales and Use Tax Compliance

Businesses must collect and remit sales and use taxes at a combined rate of 8.875%. We help determine nexus, register with the Department of Taxation and Finance, and manage all sales tax filings monthly, quarterly, or annually.

Unincorporated Business Tax (UBT) Filing

Sole proprietors and partnerships in NYC may be subject to the 4% Unincorporated Business Tax. We evaluate your business structure and income sources to determine UBT obligations and ensure proper filing.

IRS & NYS Audit Representation

If you're facing an audit from the IRS or New York State, our CPAs provide full representation. We help organize your financials, respond to audit requests, and work toward favorable outcomes.

Franchise, Excise & Property Tax Filing

From franchise tax for corporations to excise tax on utilities or hotel services, we handle specialized tax filings. We also support businesses in calculating and paying property taxes on commercial real estate.

Tax Deadlines & Filing Calendar Support

Never miss a filing deadline again. We help businesses create customized tax calendars based on your obligations corporate, sales, UBT, payroll so you stay compliant year-round.

Need help with tax compliance? Contact us today for expert guidance and support for your New York tax needs.

Bookkeeping Services in New York City – CPA-Led Accuracy You Can Count On

CPA New York City

At GTA Accounting Group, we provide professional bookkeeping services in New York City, backed by licensed CPAs who understand local regulations and industry-specific needs. Whether you're a tech firm in Midtown, a creative agency in SoHo, or a small shop in the Bronx, our bookkeeping solutions ensure financial clarity and compliance.

Outsourced Bookkeeping Services Backed by NYC CPAs

Our outsourced bookkeeping services empower New York businesses with the power of a whole accounting team—without the overhead. We handle your reconciliations, general ledger, and cash flow monitoring with the Same accuracy as a CPA.

Bookkeeping Services for Small Business Owners in NYC

We specialize in bookkeeping services for small business clients. Whether you're a freelancer, startup founder, or running a family business, we’ll keep your financials organized and ready for tax season, funding, or growth decisions.

Online Bookkeeping for On-the-Go Business Owners

Our online bookkeeping services give you 24/7 access to your records—securely and conveniently. Work with a dedicated CPA remotely without ever losing transparency or control.

Areas We Serve in New York City

We provide CPA-supervised bookkeeping throughout all five boroughs, including:

  • Manhattan (Midtown, Lower Manhattan, Harlem, Upper West Side, SoHo)
  • Brooklyn (Williamsburg, DUMBO, Park Slope, Bay Ridge)
  • Queens (Astoria, Flushing, Jamaica, Long Island City)
  • The Bronx (Riverdale, Fordham, South Bronx)
  • Staten Island (St. George, Tottenville, Great Kills)

Our CPA Services Help You Claim NYC Tax Credits & Incentives

Running a business in New York City means dealing with complex tax rules but it also gives you access to a range of tax credits and incentives that can significantly reduce your tax burden. At GTA Accounting Group, our CPA team in NYC helps businesses identify and apply for these opportunities to save more and stay compliant.We provide expert support in claiming the following tax credits and incentives:

CPA New York City
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NYC Start-Up Business Tax Credit

Eligible new businesses operating in tax-free zones can qualify for this credit under the START-UP NY program. This allows up to 10 years of relief from corporate or sales taxes. Our CPAs help ensure your business meets the eligibility criteria, including academic partnerships and job creation requirements.

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Excelsior Jobs Program Tax Credit

If your business is in a key industry like tech, manufacturing, or biotech and you're creating jobs or making investments in New York State, you may qualify for this credit. It includes payroll tax savings, property tax relief, and more our CPAs guide you through the entire application process.

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Investment Tax Credit (ITC)

For businesses investing in equipment or physical assets, the ITC allows a percentage of your spending to be deducted from your state taxes. Our team calculates your eligible investments and helps file the proper documentation to claim the benefit.

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Unincorporated Business Tax (UBT) Credit

If you’re a sole proprietor or partnership subject to the NYC UBT, you may qualify for partial or full credits depending on your tax liability. Our accountants assess your business structure and help maximize your UBT credit.

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 Employment Incentive Credit

If your business is expanding its workforce, you may be eligible for this credit. It rewards job creation and is especially helpful for growing startups. Our CPAs will check your eligibility and manage all filing requirements to ensure you receive what you qualify for.
Our expert NYC CPAs make sure you never leave tax credits or incentives on the table. Contact GTA Accounting Group today to find out how we can help your business claim every dollar you’re entitled to.

Corporate Tax Deadlines

  • March 15, 2024: New York S Corporations must file tax returns or request an extension. This is also the deadline for partnerships to submit their filing fees and tax returns.
  • April 15, 2024: New York C Corporations must file their tax returns for the calendar year or request an extension. This date is also the due date for the pass-through entity tax (PTET) return for businesses that have elected this tax.
  • June 17, 2024: Estimated tax payments are due for S and C corporations for the first half of the year​.

Unincorporated Business Tax (UBT)

  • March 15, 2024: Calendar-year filers are due the first instalment of estimated taxes for businesses subject to the UBT.
  • April 15, 2024: Final returns or extensions must be submitted for sole proprietorships and partnerships subject to the UBT.

Sales and Use Tax

  • January 22, 2024: Monthly sales tax filers must submit their December 2023 returns by this date. For businesses filing quarterly, the next deadline is March 20, 2024.

Employer Taxes

  • January 31, 2024: Employers must submit quarterly combined withholding, wage reporting, and unemployment insurance returns. This applies again at the end of every quarter, with upcoming due dates on April 30, July 31, and October 31, 2024​.

Property Taxes

  • July 1, 2024: First quarter property tax bills are due for NYC properties. Quarterly installments continue throughout the year, with deadlines on October 1, 2024, January 1, 2025, and April 1, 2025​.

Key Penalties to Avoid

Late filings can result in penalties that add up quickly. For example, NYC businesses failing to file corporate tax returns on time may face a penalty of 5% per month, up to 25% of the unpaid tax. Late sales tax filings can incur a penalty of up to 10% of the tax owed, plus interest.

Missing a tax deadline can be costly, but proper tax planning in New York and staying on schedule can avoid unnecessary fines. For expert assistance in meeting these deadlines, our team at GTA Accounting Group offers comprehensive state tax consulting in NYC and tax preparation services to ensure your business remains compliant.

NYC Business Tax Deadlines Our CPAs Help You Meet

Staying on top of tax filing deadlines is essential for New York City businesses to avoid late penalties and interest charges. Here's a timeline of crucial tax deadlines to help your business remain compliant.

CPA New York City

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

Discover testimonials for insights into our approach.

"GTA Accounting Group has been a game-changer for our business. Their attention to detail and proactive tax planning helped us save a significant amount on our taxes. We couldn't have done it without their expert guidance. Highly recommend their services!"

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John S

Manufacturing Business Owner

"We were in a tight spot with the IRS, but GTA Accounting Group handled everything with professionalism and expertise. They fixed the mistakes made by our previous accountant and got us back on track. Their CPA firm NYC is truly top-notch."

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Sarah M

Tech Startup Founder

"As a foreign-owned business, we were overwhelmed by U.S. tax laws. GTA's corporate tax advisors in New York made everything clear and straightforward, and they saved us a lot of money by avoiding double taxation. They're the trusted partner we needed."

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Pierre L

International Business Owner

"GTA's digital platforms are a lifesaver for someone like me, always on the go. Their user-friendly apps and online resources make it easy to keep track of my finances and make transactions. I appreciate the convenience and security they offer."

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Amma Hidson

Business Owner

"GTA Accounting Groups attention to security is impressive. As someone who values the safety of my financial information, I trust GTA to keep my data protected. Their encryption and security measures give me peace of mind."

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Liam Johnson

Business Owner

"GTA's technology-driven approach has truly transformed my financial experience. Their advanced tools and resources help me make informed decisions and plan for the future. I'm grateful to have GTA Accounting Group as my financial partner."

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Sophia Mitchell

AUX Founder

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Are you looking for expert financial guidance or accounting solutions in New York City tailored to your needs? Our team is here to assist you.

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Frequently Asked Questions (FAQs)

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