New York City layers state, city, and federal taxes into the heaviest combined burden in the country. Business owners doing $500K+ are almost certainly overpaying.
High SALT state. NY state income tax up to 10.9%. One of the highest combined tax burdens in the US.
NYC imposes its own personal income tax (up to 3.876%) and an Unincorporated Business Tax (4%) on sole proprietors and partnerships. NYC corporate tax also applies.
A NYC-based professional services firm with $3.2M revenue was paying over $420,000 in combined city, state, and federal taxes. After PTET election, S-Corp restructuring, and a defined benefit plan, annual savings totaled $156,000.
Bypass the $10,000 SALT deduction cap with a Pass-Through Entity Tax election, recovering state taxes as a business deduction.
Learn more →Optimize your business structure across LLCs, S-Corps, and holding companies to minimize tax exposure and maximize protection.
Learn more →Reclassify building components to 5, 7, or 15-year property for accelerated depreciation and massive first-year deductions.
Learn more →Shelter $150,000 to $300,000+ per year through custom pension plans designed for high-income business owners.
Learn more →Reduce NYC Unincorporated Business Tax through entity restructuring, deduction optimization, and proper election strategies.
Learn more →We serve New York City business owners remotely with the same depth as a local firm. Our Tax Intelligence Framework starts with a comprehensive review of your financials, entity structure, and current tax position. We then build a custom strategy and implement it.
We work alongside your existing CPA, not replacing them. Learn more about our tax strategy service or read about how we work alongside your CPA.
Book a free review and we'll identify exactly how much you're overpaying and the strategies to fix it.
Tell us about your business and we'll identify every savings opportunity available to you.