Individual Tax Services

The difficulties and risks of falling out of compliance due to Tax laws, tax forms, and IRS reporting requirements can be complex.  The relationship we provide will give you guidance and help take a proactive approach to avoid any tax problems.

Tax Return Preparation and Tax Planning Services in NYC

  • The best way to avoid tax issues is to file timely and accurate tax returns.
  • We make every effort to avoid the need to file tax extensions delaying the preparation of the return. We prioritize finishing the return when others would just file an extension and prepare the return later.
  • We work with you regarding the tax implications of your investments in stocks and bonds to make sure you’re holding them in the most tax advantageous accounts, and that you’ve made the best elections for how gains and losses will be calculated.

Income Verification

  •  Income verification has even become an important part of benefit eligibility under the Affordable Care Act.  
  • Authoritative documentation from a CPA is often asked to provide proof of income.

Foreign Bank and Financial Accounts Reporting (FBAR)

  • US laws have also established numerous penalties for failure to report foreign accounts.
  • Up to $10,000 for each non-willful violation, and the greater of $100,000 or half the account balance for each willful violation.
  • If you have financial accounts outside the US, you can’t afford to not have a resource to help you ensure compliance with these US reporting requirements.