For Small Businesses

What our Clients are saying

Eakub A. Khan, CPA has been my trusted financial advisor for over seven years. His experience and knowledge about my industry is impeccable. Eakub has managed my medical practice’s financial and compliance needs exceptionally.

As a medical doctor, I am preoccupied with running my practice. It’s difficult for me to understand and absorb information regarding the regulatory environment of my industry. Without Eakub’s knowledge and expertise, it would be difficult for me to focus on my practice, I would have to set aside extra time to understand and comply with the regulations.

His assistance has enabled me to utilize a majority of my time to the skills that I possess and devout more time to my expertise. Eakub is constantly available to answers my questions and guides me to improve my business. Knowing that I have Eakub as my CPA, I feel confident and satisfied as a client.

Trusted financial advisor

Suman Choudhury, Doctor

Establish Greater Profitability and Business EffICIENCY!

Your business’ profitability and operational efficiency are at the center of your business’ success!

Our experience, resources, and attention to detail make our accounting services second-to-none. As an experienced accounting team, we look forward to the opportunity to help transform your business’ financials as we work with you to establish short- and long-term strategies for growth and profitability.

Working with us and enlisting our business services could make all the difference!

Whether you need help starting a business, cleaning up your bookkeeping, setting up QuickBooks, handling payroll, or you crave some much-needed business coaching or other strategic consulting, we have been doing this for years, and stay on top of all of the new regulations to help you take the most advantage possible. Legally, and ethically — and profitably.

We work with our clients in a relational way to help them experience the financial success they desire — whether the business is just an idea, relatively new, or a well-established entity. Whether small, large, or in need of some special attention, we have the experience you need so that you can focus on what your business does best.

 

The Art of Connecting With Influencers by Eakub Khan

Hanukkah is behind us, and Christmas (with its associated slowdown) is just about a week away.The world seems to quiet around that time, no matter your faith tradition, but here at Eakub A. Khan CPA P.C., these "holidays" are a bit of a misnomer. That's because while...

IRS Form 4852: Eakub A. Khan CPA P.C. Explains the Substitute for the W-2

Word on the tax professional "street" is that tax filing numbers are down across the board so far. That is from data released by software providers (though this year, of all years, I simply don't understand why somebody would use software), as well as overall numbers...

Financial Mindset Management for Our Jackson Heights area Tax Clients

Based on the history of events over the course of the last few decades (both here in Jackson Heights area and beyond), you might have thought that world events would have slowed down in the last week -- that there could begin to be some sense of normality.But no. This...

Training Your Heart For Good Financial Stewardship In Jackson Heights

Working with my Jackson Heights clients' finances over the years has given me a bit of a crash course in human behavior. Often, I'm floored by the generosity I see displayed by many clients -- even those without significant means. Other times ... well, I think that we...

Understanding Your Jackson Heights area Airbnb And Taxes

As of this writing, the federal government is still in a "partial shutdown", and things are starting to fray around the edges, even for those whose paychecks aren't being affected. Already, it's the longest in history.Which, for a media starving for any kind of...

Four Keys to Achieving Financial Freedom by John Smith

Four Keys to Achieving Financial Freedom by John Smith "You will never do anything in this world without courage. It is the greatest quality of the mind next to honor." -James Allen Often, as we strive to keep our heads above water in these culturally crazy times,...

Paying Off Debt by Eakub Khan

Last month, I talked about [ENGBLOG]some potential moves Jackson Heights taxpayers could make by the end of the year. I wanted to remind you of those possibilities before I get to what else I want to talk with you about... (paying off debt)Those were:Look ahead to...

The New Stimulus Update and Tax Issues for Jackson Heights Filers

The "American Rescue Plan" has been finalized. And there are things about the new stimulus update our Jackson Heights clients should know.While I normally write weekly, there is information in this strategy note that you need to know about now that might even impact...

What To Look For In a East Elmhurst Tax Professional

The world is awash in shouting these days. Can you feel it? It's tax season, and so I'm not spending much time in Facebook, but I know for a fact that there is a lot of anger, frustration and noise about politics. So much so that it seems everywhere you turn these...

Three FAFSA Tips to Help Jackson Heights area Taxpayers Get Their High School Grads Ready for College

Independence Day is this week. Bombs. Patriotism. Picnics. Barbecue. All those things.I often write about "financial independence" this time of year (yes, I like the puns) ... and when I do, invariably I get contacted by a few clients (or former clients), who...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.
But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!