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.

 

Estate Planning For Jackson Heights area Singles

Many of our Jackson Heights area clients are married. What I have to say today is still relevant, conceptually (and even in some of the details).So don't skip on by.As I have talked about before, estate planning is something that many families continue to neglect.I'm...

What Jackson Heights area Taxpayers Should (and Should NOT) Do With Their Economic Stimulus Checks

So, you got that stimulus check (or, as the government wants to call it, your "Economic Stimulus Payment")...What next for Jackson Heights area families and individuals?Please use these funds wisely.If I could sum up my advice for next steps, it would be this: act...

College Is Expensive But Jackson Heights area Families Can Save Big Through These Tax Breaks

What, you think I'm on vacation?Yes, the tax deadline has passed. But we're still available, and handling post-deadline matters for Jackson Heights area clients.But moving along to today's subject: figuring out how to pay for college tuition. Things are different from...

Eakub Khan’s IRS Deadline Extension Update

I normally write you a weekly strategy note (or so), but these are NOT normal times, are they?And before I get into what's happening with the IRS deadline -- to separate some of the rumors from the reality -- I first want to check with you:How are you doing? Email me...

Eakub Khan’s Nine Key Questions That Could Affect Your 2019 Tax Bill

Well, here we are into December, the final month of 2019 -- and the final month of this DECADE. A lot sure has changed, for you, for me, and for the world. But before we wax too retrospective, let's sit where we are for a bit.The December holidays are upon us.And it's...

A Strategy For Jackson Heights Taxpayers With A Higher Than Expected Tax Bill

Taking a look around the world these days, and where things seem to be headed...But our heads are high here at Eakub A. Khan CPA P.C. because we worked our tails off for our Jackson Heights clients this year. We helped a bunch of people save a ton on their taxes --...

Eakub Khan’s Under-Utilized Pet Tax Deductions

Apparently, there are some politics things happening these days.But even more apparently, the tax deadline is three weeks away.Politics? As the young people say, ain't nobody got time for that.But you know what we DO have time for? Saving you a boatload on your taxes,...

Tax-Smart Ways to Run a Savvy Jackson Heights area Side Hustle

I'm so old, I still remember the days when "hashtags" were only about a particular button on your phone.Yep, the world has shifted massively underfoot. You know it; we all know it.And one of the developments we've all seen is the proliferation of news feed gurus,...

Eakub A. Khan CPA P.C. Sheds Light on Some of the Highest State Sales Tax Rates

No, the IRS is not shutting down their operations -- there is still (and probably ever will be) a federal income tax.But states are a different story...This being travel season, and the season during which some of our clients turn their eyes towards making a move, I...

Are DIY Taxes Truly Free For Jackson Heights area TaxPayers?

If you watched any football over the weekend, you probably saw this year's version of the popular tax software maker* touting "free taxes" or some such. Not only was the commercial fairly disturbing (it involves impalement of a person played as a joke), but the...

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!