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.

 

4 Last Minute Tax Savings Ideas For East Elmhurst Taxpayers

I woke up Monday morning, after the wonderful holiday weekend ... and I had a realization: "After today, there are only FIVE days left in 2016." Perhaps not a genius realization -- fine. BUT, if you're smart about how you handle these days, you can pay yourself quite...

Conventional Financial Advice May Not Always Be Best by Eakub Khan

Just to give you a little snapshot of why it's taking so long to get tax reform done (and I know -- you're surely waiting with bated breath), consider this: under certain circumstances with the proposed reform, some people would face a marginal tax rate of over 100%....

Common Tax Return Errors To Avoid For East Elmhurst Self-Preparers

The Super Bowl teams are set, the new President is inaugurated ... why does it feel like things are still going so fast? Perhaps, for me and my team, it's because we finally are able to submit tax returns to the IRS (they began receiving them on Monday the 23rd). But...

Eakub Khan’s Three Big Tax Scams And How To Beware

Now we're cooking with gas.After weeks of reports that refunds were down, last week's data from the IRS shows a new trend. Although overall quantity of refunds are down, now the average refund is up 1.9%. After so many headlines to the contrary, I suppose that...

Eakub Khan’s Rule From The Successful

I have to first get this off my chest, before we get to the orders of business for today. A East Elmhurst friend who was watching football the other day asked me about a commercial he saw from a "popular" tax chain (who shall remain nameless) that is heavily...

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...

Cultivating Gratitude for Thanksgiving 2020 in Jackson Heights

I think we all need this week.2020 has been *so hard*, for so many in Jackson Heights (and far beyond!). And it's not over yet -- from continued electoral fighting, to spikes in virus cases and increased governmental restrictions all over the place, and (of course)...

A Tax Day Thank You From Eakub Khan

Lifting my heavily-lidded eyes to peer up through the haze of government forms and procedures, I peek at the calendar, which today said: April 17. (If any of the above sounded slightly poetic, that's the coffee talking; I'm an East Elmhurst tax accountant, after all.)...

The Trump Shutdown Is Over And Tax Filing Season Has Begun For Jackson Heights area Taxpayers

Politics aside, I think we can all breathe just a little easier knowing that the federal government is no longer in shutdown mode.And on top of that, this morning, as I write, the IRS has begun accepting filed tax returns. Which means, well ... it's about to get...

Nine Crucial Questions To Prepare Jackson Heights Taxpayers For Their 2020 Taxes

First some important reminders for all Jackson Heights taxpayers, then I have a bunch of questions to which I'd like you to respond...Depending on when you read this, the October 15th tax return extension deadline (for families and individuals) is either VERY close,...

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!