Navigating the financial landscape of New York City is an endeavor unlike any other. For individuals and business owners, the city represents a world of opportunity, but it also comes with a labyrinth of complex tax laws, rigorous compliance standards, and fierce competition. In this high-stakes environment, simply keeping up isn't enough. You need a strategic partner who can help you protect your assets, minimize your tax burden, and pave the way for sustainable growth.
Welcome to Gary Mehta, CPA, EA. We are not just another accounting firm; we are your dedicated financial advisors and steadfast advocates. Our team of experienced certified public accountants and tax professionals is committed to understanding your unique situation. We reject the one-size-fits-all approach, instead providing the personalized, expert service you deserve.
Let us guide to the world of tax and accounting services in New York. We'll explore the critical role Gary Mehta, CPA, EA plays, detail our extensive service offerings, and show you why countless New Yorkers trust us to handle their most complex financial challenges.
For busy New Yorkers, here are the essential takeaways about us:
Our CPAs are licensed accounting professionals with specialized expertise and responsibilities, ensuring the highest standards in accountancy and client service.
In the dynamic economic engine of New York City, financial missteps can be costly. The decision to hire a qualified Certified Public Accountant is not an expense; it's a strategic investment in your financial future. A top-tier CPA firm provides far more than just tax preparation; it delivers peace of mind, strategic direction, and a significant competitive advantage.
New York's tax code is notoriously complex. Beyond federal regulations, businesses and individuals must contend with state income taxes, city income taxes (for NYC), sales taxes, franchise taxes, and more. A seasoned accountant with local expertise ensures you remain in full tax compliance, avoiding the hefty penalties and interest that can derail a business. Our professionals are dedicated to mastering these intricate rules for your benefit.
What does it mean to be a licensed CPA? Earning a CPA certification is a rigorous process. It requires a minimum level of higher education—a bachelor’s degree is the minimum educational requirement, but most states require additional credit hours, often totaling 150 semester hours. Candidates must also pass all sections of the formidable four-part Uniform CPA Exam to obtain their initial CPA license. In addition, most states require candidates to have at least one year of qualifying accounting experience to obtain a CPA license. The state board of accountancy in each state sets the requirements for licensure, and state boards like NASBA oversee the licensing process. States require candidates to meet specific educational and professional standards, and states require CPAs to maintain ongoing compliance. There may also be other requirements, such as ethics exams or continuing education, depending on the state. The American Institute of Certified Public Accountants (AICPA) sets high professional and ethical standards for the profession. When you hire a CPA, you are engaging a professional who has demonstrated elite competency in auditing, business analysis, financial accounting and reporting, and taxation.
The best accounting work is forward-looking. While historical reporting is important, our true value lies in helping you plan for the future. We assist with:
This strategic guidance is what separates a basic tax preparer from a true financial partner.
NYC's premier tax and accounting firm. Your trusted partner for financial success. #GaryMehtaCPA
Our tax experts can help you with your complex returns, whether you are an individual or a small business.
Start your business the right way with our professional incorporation services. Our team of tax accountants and business advisers will help you minimize your taxes and protect your assets. Call us today to form your LLC or Corporation.
If your financial statements are a mess or you don't have time to learn QuickBooks, hire a bookkeeping professional to help you get your accounting in order.
Don't face the IRS or New York tax authorities alone. Let us help you navigate the complex tax landscape and protect your rights. We have the experience and expertise to help you resolve all types of tax problems, including:
We understand the stress and anxiety that tax problems can cause. We will work tirelessly to get you a successful result and put your tax troubles behind you.
Solve your tax problems with our IRS and NY tax representation services. We win tax audits!
We offer comprehensive tax preparation services for individuals and businesses. Whether you're a family business, self employed or a corporation, we can prepare returns for you.
We can help you file your back taxes, whether you're an individual, business, LLC or a corporation. We have experience with a wide range of tax situations .
Don't let the complexity of multistate tax filing overwhelm you. We can help you understand your obligations and file your returns correctly.
We understand the complex tax laws that govern estates and trusts. We can help you file your returns accurately and on time, and we can help you minimize your tax liability. .
Our Nonprofit Audit and Tax Preparation Services can help you ensure that your organization is in compliance with all applicable regulations and that your financial statements are accurate and reliable.
We can help you understand your complex tax situation and develop a plan to minimize your tax liability .
We can help you come into compliance with U.S. tax laws for your foreign assets. Whether you need to file an FBAR, Form 5472, or Form 5471, we can help you prepare and file these forms accurately and on time. We also offer assistance with non-resident tax filing for visa holders and expats.
Let us take the stress out of financial recordkeeping and reporting. We offer comprehensive financial statement preparation and bookkeeping services to help you stay compliant and on track.
Our audit and assurance services can help you protect your business and your reputation. We provide independent and objective assurance that your financial statements are accurate and reliable. We perform compilations, reviews and audits.
"We strive to be the best accounting firm in New York. To us, that means listening to our clients, finding every way to minimize their taxes, and acting as trusted advisors on tax and financial matters. We are a top-rated accounting firm in the New York Area, and we know we have the best accountants in New York City. Call us today to learn more." - Gary Mehta, CPA, EA, Head Honcho
This philosophy is at the core of everything we do. Earning the public's trust is paramount in the accounting profession. The combination of being a Certified Public Accountant and an Enrolled Agent (EA) gives our firm a unique edge. While the CPA license signifies broad expertise in business and financial accounting, the EA designation signifies elite specialization in taxation and representation rights before the IRS. This dual perspective ensures that every piece of accounting advice we provide is fully integrated with a deep understanding of its tax implications.
We offer a holistic range of solutions designed to meet the diverse needs of our clients, from individuals and families to small businesses and non-profit organizations.
This is the cornerstone of our practice. We handle all forms of tax returns with precision and a keen eye for detail.
Receiving a notice from the IRS or the New York State Department of Taxation and Finance can be incredibly stressful. You do not have to face them alone. Our team, leveraging the expertise of a tax attorney and EA, can represent you and protect your rights.
All services are performed by a licensed CPA and IRS Enrolled Agent.
Start your New York business on solid ground. Our incorporation services go beyond just filing paperwork. We advise you on the best entity structure (LLC vs. Corporation) for your specific goals, helping you minimize taxes and protect personal assets from the outset. Call us to start your NY business today.
Clean books are the foundation of a healthy business. If your financial statements are a mess or you don't have time to manage QuickBooks, our professionals can help.
Our assurance services provide confidence and credibility to your financial reporting. We perform services in accordance with the highest professional standards.
Trusted Source For Comprehensive Tax, Accounting And Representation Services In New York. #TaxPrep
Our firm is proud to serve individuals and businesses throughout the five boroughs and the surrounding metro area. We combine sophisticated, cloud-based technology with a local, on-the-ground understanding of each unique market.
Gary Mehta CPA, EA: Your Trusted Accountant In The Heart Of New York City. Serving the Big Apple