Local Accounting Services in New York
Get help with your business finances in New York from qualified CPAs and tax professionals. Our accounting services cover taxes, bookkeeping, payroll, and more.
Local Tax Expertise
Ongoing Bookkeeping
Payroll Support
Year-Round Advisory
Local Tax Expertise
Ongoing Bookkeeping
Year-Round Advisory
Payroll Support
New York Corporate Tax Rates and Brackets
| Corporate Tax Rate | Corporate Tax Bracket |
|---|---|
| 6.50% | $0 |
| 7.25% | $5,000,000 |
LLC Renewal Dates and Fees in New York
| How Often Do You Renew Your LLC? | LLC Formation Filing Fee | LLC Yearly/Biennial Filing Fee |
|---|---|---|
| Biennially | $200 | $9 |
When Do You Have to File Business Tax Returns in New York?
| Partnerships Due Date - Annual Returns | C-Corp Tax Due Date - Annual Returns | S-Corp Tax Due Date - Annual Returns |
|---|---|---|
| March 15, or same as federal return | April 15, or same as federal return | March 15, or same as federal return |
Single Filers - New York Tax Rates and Brackets
| Single Filer Rates | Single Filer Brackets |
|---|---|
| 4.00% | $0 |
| 4.50% | $8,500 |
| 5.25% | $11,700 |
| 5.50% | $13,900 |
| 6.00% | $80,650 |
| 6.85% | $215,400 |
| 9.65% | $1,077,550 |
| 10.30% | $5,000,000 |
| 10.90% | $25,000,000 |
Married Filing Jointly - New York Tax Rates and Brackets
| Married Filing Jointly Rates | Married Filing Jointly Brackets |
|---|---|
| 4.00% | $0 |
| 4.50% | $17,150 |
| 5.25% | $23,600 |
| 5.50% | $27,900 |
| 6.00% | $161,550 |
| 6.85% | $323,200 |
| 9.65% | $2,155,350 |
| 10.30% | $5,000,000 |
| 10.90% | $25,000,000 |
Single Filers - New York Exemptions and Deductions
| Standard Deduction (Single) | Personal Exemption (Single) |
|---|---|
| $8,000 | $1,000 per dependent |
Married Filing Jointly - New York Exemptions and Deductions
| Standard Deduction (Couple) | Personal Exemption (Couple) |
|---|---|
| $16,050 | $1,000 per dependent |
Good accountants answer questions. Great ones prevent them.
See the difference proactive accounting makes when you're not scrambling for answers at tax time.
What to Look for in New York Accounting and Bookkeeping Services
Business Tax Preparation +
Get your taxes expertly prepared and filed by a CPA experienced in your industry so you're always confident about your business tax situation. Our CPAs, with more than 17 years of experience on average, can save your business thousands annually when you delegate the complexities of New York tax preparation to them!
Bookkeeping +
Strengthen your financial foundation and manage cash flow with meticulous, error-free bookkeeping done for you that saves time and provides critical data-driven business insights. This detailed approach offers the best tools for interpreting data with easy-to-understand reporting, enabling your accountant to develop essential financial models.
Tax Advisory +
Business tax considerations don't end in April. Through our affordable tax advisory service, you can receive the guidance you need when you need it year-round from a dedicated small business CPA. Strategic planning helps minimize your business tax liability in New York throughout the year while ensuring compliance.
Payroll +
Save countless hours each payroll period with our comprehensive payroll service handled for you, with regular tax submissions to the state of New York, ensuring accuracy and allowing you to focus on other crucial areas of your business.
Business Formation +
Experience the benefits of officially establishing your business in New York with our complimentary incorporation services. You only cover the state fees, and we manage the rest. Officially establishing your business puts you on a path to hire employees, open a business bank account, and enjoy an optimized business tax structure and maximum tax savings.
Choosing the Right Accountant
1-800Accountant's services are powered by a team of Certified Public Accountants (CPA), Enrolled Agents (EA), and tax professionals and technology, enabling New York businesses to minimize tasks while maximizing savings. This allows owners to focus their time and energy on growing their businesses in the Empire State while we handle the rest.
New York is a big state with world-class cities, such as Rochester and New York City, making it a popular place for small businesses. They've said for generations that if you can make it there, you can make it anywhere, which continues to hold true. But as popular as New York is, it ranks as one of the most challenging climates for small businesses, with its high costs, substantial unemployment, and low business survivability rate.
While certain costs are unavoidable, you should never pay more than you have to on your business taxes. That's where 1-800Accountant, America's leading virtual accounting firm for small businesses, can help. A quick consultation – not much longer than a New York minute – can preview how our suite of professional business services can maximize your tax savings.