NYC based accounting firm serving individuals and small businesses in New York
professional Personal Tax Filing Services in New York City
Gary Mehta CPA,EA specializes in expert personal return preparation in NYC and Beyond
Tax season in New York City. For many, those words evoke a sense of dread—a frantic search for documents, confusion over complex tax forms, and the nagging worry that you might be leaving money on the table or, worse, making a costly mistake. Whether you're a freelancer in Brooklyn, a professional in Midtown Manhattan, or juggling investment properties in Queens, navigating the labyrinth of federal, state, and city tax codes can feel like a second job.
But it doesn’t have to be this way.
Welcome to the office of Gary Mehta, CPA, EA. We are a premier NYC accounting firm dedicated to removing the stress and complexity from the tax filing process. Our mission is to provide expert, personalized tax preparation services that not only ensure you are fully compliant but also work diligently to maximize your refund and secure your financial well-being. We don't just prepare your tax return; we build a tax strategy that works for you, year after year.
This page is designed to be your ultimate resource for understanding our personal tax preparation in New York. We'll explore the who, what, why, when, and how of tax filing, and show you why partnering with a dedicated tax accountant is one of the smartest investments you can make for your financial future.
Individual Tax Preparation services in New York City. Our tax accountant will prepare your 1040 form
Gary Mehta CPA, EA's Key Insights on NYC Personal Tax Prep
Why Choose NY Accounting Firm - Gary Mehta, CPA, EA?
For busy New Yorkers, here are the essential takeaways:
- Expertise Matters: Navigating NYC’s three-tiered tax system (federal, state, city) requires specialized knowledge. A professional tax preparer like a CPA or EA can identify credits and deductions you might miss.
- Beyond Software: While tools like TurboTax or the IRS Free File program are useful for simple returns, they cannot replace the strategic advice, audit support, and personalized planning a tax professional provides for more complex situations.
- Late Taxes Can Be Solved: If you have unfiled tax returns from prior years, the worst thing you can do is continue to wait. We specialize in preparing back taxes to help you avoid mounting penalties and interest from the IRS and New York State.
- Maximize Your Refund: Our goal is to ensure you get the maximum refund you are legally entitled to. We meticulously review your situation to find every available deduction and credit.
- A Year-Round Partner: Our services extend beyond April 15th. We offer year-round tax planning to help you make smarter financial decisions and optimize your tax position for the following year.
- Complex Situations Welcome: We specialize in complex personal tax returns, including those for the self-employed, individuals with multi-state income, real estate investors, and non-residents.
Get key insights on individual tax prep from NYC's expert, Gary Mehta CPA, EA. #TaxPrep #NYCTax
our Individual tax services at a glance
Self Employed Tax Prep
Amended Return Filing Services
Multistate Return Preparation
Are you a small business owner? We can help you maximize your deductions and minimize your tax bill. Get proper guidance from our team of experienced tax professionals on how to prepare your annual returns.
Multistate Return Preparation
Amended Return Filing Services
Multistate Return Preparation
If you live and work in multiple states, you may be required to file tax returns in each state. We can help you navigate the complex rules and regulations associated with multistate tax filing.
Amended Return Filing Services
Amended Return Filing Services
Amended Return Filing Services
Did you make a mistake on your original tax return? We can help you file an amended return to correct the error.
Late Return Help
Real Estate Return Services
Amended Return Filing Services
If you have back taxes that you haven't filed yet, we can help you get back on track.
Real Estate Return Services
Real Estate Return Services
Real Estate Return Services
We can help you prepare accurate and timely tax returns for your investment property, whether you're a rental property owner or a flipper.
Non-Resident Tax Compliance
Real Estate Return Services
Real Estate Return Services
Our clients come from all over the world, including out-of-state and out-of-country residents. We can help you stay compliant with your annual tax obligations, no matter where you live.
more on Our Comprehensive Individual Tax Services Form 1040
Gary Mehta CPA, EA: Expert Preparation for Complex NY Personal Taxes
We are not a one-size-fits-all tax mill. We are a professional accounting firm offering a suite of personal tax services tailored to the diverse needs of New Yorkers. Whether your situation is straightforward or incredibly complex, we have the expertise to help.
Core Individual Tax Preparation (Form 1040)
For individuals and families, we provide meticulous preparation of the federal Form 1040 and all associated state and city returns. We ensure your income is reported correctly, and we work to get you the biggest refund possible. We handle everything from simple W-2 income to more complex scenarios involving investments and itemized deductions.
Self-Employed & Small Business Tax Prep (Schedule C)
The gig economy is booming in NYC. If you are a freelancer, contractor, or small business owner, your tax situation is inherently more complex. We specialize in helping you:
- Identify and categorize all eligible business expenses.
- Calculate and manage quarterly estimated tax payments to avoid underpayment penalties.
- Maximize deductions for home office use, vehicle expenses, and more.
- Navigate the rules of Self-Employment Tax. Get proper guidance from a team of experienced tax professionals who understand the challenges of being your own boss.
Help for Unfiled Back Taxes & Late Returns
Falling behind on your taxes can be incredibly stressful. The fear of penalties and IRS action causes many people to delay even further. We can stop the cycle. Our firm helps you prepare and file late tax returns for several years back. We will:
- Help you obtain the necessary income information from the IRS if you've lost your forms.
- Prepare your overdue returns accurately.
- Communicate with the IRS on your behalf.
- Help you set up an installment plan or other arrangement if you owe money and cannot pay in full. Don't let back taxes control your life. Let our expert help get you back on track.
Amended Return Filing Services (Form 1040-X)
Did you discover a mistake on a tax return you already filed? Perhaps you received a corrected 1099 or forgot to claim a valuable credit. We can help you file an Amended U.S. Individual Income Tax Return (Form 1040-X). We handle the complexities of amending returns to correct errors and, in many cases, get you an additional refund.
Multi-State Return Preparation
Did you move to or from New York during the year? Do you live in Connecticut or New Jersey but work in NYC? Do you have a rental property in another state? If so, you likely have a multi-state filing requirement. The rules for sourcing income and claiming credits for taxes paid to other states are notoriously complex. Our expert tax consultants handle returns across all states, ensuring you file correctly and avoid double taxation.
Real Estate and Investment Income
New York is a city of investors. We provide specialized tax services for:
- Rental Property Owners (Schedule E): We help you properly deduct expenses like depreciation, repairs, insurance, and property management fees.
- Stock Market Investors: We accurately report capital gains and losses from sales of stocks, bonds, and cryptocurrencies, and can advise on tax-loss harvesting strategies.
Non-Resident and Expat Tax Compliance
Are you in the U.S. on a visa? Are you a U.S. citizen living abroad? Our firm has extensive experience preparing returns for non-residents (Form 1040-NR) and U.S. expatriates. We help our international clients stay compliant with their annual U.S. tax obligations, navigating complex treaties and foreign income exclusions.
Gary Mehta CPA, EA provides expert Form 1040 Tax Preparation Services across NYC and Beyond.
Why choose a tax professional cpa vs diy software in Ny?
Gary Mehta, CPA, EA is the right choice to prepare your personal tax filings!
Why Professional Tax Preparation is a Necessity in New York City
Many taxpayers wonder if they can just handle their own taxes. With the rise of tax software and online tools, it’s a valid question. For those with a very simple financial picture (a single W-2 and no deductions), a program like IRS Free File can be a viable option. However, for the vast majority of New Yorkers, the financial landscape is far from simple.
The Three-Tiered Tax Burden
Living and working in New York City means you are subject to three layers of income tax:
- Federal Income Tax: Levied by the IRS.
- New York State Income Tax: Levied by the New York State Department of Taxation and Finance.
- New York City Income Tax: An additional local tax for residents.
Each of these has its own set of rules, tax forms, and brackets. A professional tax preparer understands how these systems interact and can structure your return to achieve the best possible outcome across all three.
Maximizing Deductions and Credits
Are you aware of all the potential deductions you can claim? For self-employed individuals, this could include home office expenses, business mileage, and software subscriptions. For homeowners, it includes mortgage interest and property taxes (subject to SALT limitations). Our tax experts ensure no stone is left unturned. We help you legally lower your adjusted gross income (AGI), which is the key to reducing your overall tax bill.
Avoiding Costly Errors and Audits
A simple mistake on your federal tax return can have a domino effect, triggering reviews from both the state and the city. The IRS uses powerful software to flag returns with inconsistencies or unusual deductions. Having your return prepared and signed by a CPA or EA adds a layer of professional review and credibility. Should you ever receive a notice from the IRS, you won't be alone; we'll be there to help you respond.
Saving Your Most Valuable Asset: Time
The tax preparation process can be incredibly time-consuming. Gathering your tax docs, deciphering instructions for various tax forms, and double-checking your work can take hours, if not days. By outsourcing your tax prep to us, you reclaim that valuable time to focus on your career, your family, and your life.
Why Choose Gary Mehta CPA, EA for Form 1040 Preparation Services?
Our Client-Centric Tax Preparation Process
Our CPA Firm's approach to preparing personal taxes in New York City.
We believe in a transparent, collaborative, and stress-free process. Here’s what you can expect when you work with Gary Mehta, CPA, EA.
Step 1: Initial Consultation & Secure Document Collection
It begins with a conversation. We’ll discuss your tax situation and provide you with a secure, easy-to-use online portal to upload your tax docs (W-2s, 1099s, mortgage statements, etc.). This ensures your sensitive information is protected.
Step 2: In-Depth Client Interview
A tax return is more than just numbers on a page. Our tax accountant will interview you to understand the full context of your financial life. We’ll ask smart questions about your income, potential deductions, and any life changes (marriage, a new child, a new business) that could impact your taxes.
Step 3: Meticulous Tax Return Preparation
Once we have all the information, our expert tax preparer gets to work. We use state-of-the-art professional tax software to prepare your return, but the real value comes from our human expertise. We cross-reference everything, check for inconsistencies, and explore every avenue to reduce your tax liability.
Step 4: Comprehensive Review with You
Before we file, we review the completed return with you. We’ll explain the results, show you the key figures, and answer any simple or complex questions you have. You will never be asked to sign a return you don’t understand. This is your opportunity to feel confident and in control.
Step 5: E-File and Confirmation
Once you approve the return, we will e-file it with the IRS and all necessary state and local authorities. Electronic filing is the fastest and most secure way to file your taxes and the quickest way to get your refund. We provide you with confirmation once the returns have been accepted.
Step 6: Future Tax Planning
Our service doesn’t end with filing. We will discuss strategies for the upcoming year. This could involve adjusting your withholdings, planning for estimated tax payments, or timing investments to be more tax-efficient. Our goal is to make next year’s tax season even better.
Step 7: Post-Filing Support
If you owe taxes and can't pay the full amount, we don't leave you hanging. We will help you explore your options and, if you qualify, assist you in setting up an installment plan with the IRS or New York State.
Simplify your taxes and maximize your refund. Gary Mehta, CPA, EA streamlines your taxes!
Serving All of New York City and the Surrounding Metro
Our NYC accounting firm provides personal tax filing services across all boroughs
Our reach extends beyond the five boroughs. Our firm combines deep local knowledge with the convenience of modern technology, allowing us to serve taxpayers across the entire New York City landscape.
Personal Tax Accountant for Manhattan
From the vibrant streets of the Lower East Side and Chinatown to the corporate corridors of Midtown Manhattan and the Financial District, we provide expert tax prep for Manhattan's diverse residents. We serve clients in Chelsea, Tribeca, the East Village, Hamilton Heights, and beyond.
Tax Preparer for Brooklyn
We are proud to support the individuals and families that make Brooklyn a hub of culture and innovation. Our clients come from Williamsburg, Bed-Stuy, Park Slope, Downtown Brooklyn, Bushwick, Bay Ridge, and many other dynamic neighborhoods.
CPA Services in Queens
As one of the most diverse boroughs, Queens presents a wide range of tax situations. We are the trusted tax accountant for residents in Astoria, Long Island City (LIC), Flushing, Sunnyside, Forest Hills, and across the borough.
Tax Help for the Bronx and Staten Island
Our commitment to providing accessible, expert tax help extends to all corners of the city. We proudly serve clients in the Bronx, including areas like Riverdale and Morris Park, and throughout Staten Island, from St. George to Tottenville.
Serving the Greater NYC Metro Area
also provide comprehensive tax preparation services for clients in Yonkers, Westchester County, Long Island, and Connecticut.
Individual returns preparation in New York City including Manhattan, Brooklyn , Queens and More!