Tax Ace

Complexity to Confidence

Certified public accountant in Hewlett, NY (show on map)

Expert guidance for growth in tax compliance, accounting, and international tax solutions.

About

Tax Ace offers comprehensive tax and accounting solutions, including tax compliance, financial statements, tax provisions, tax planning and structuring, and specialized services for foreign entities entering U.S. markets and U.S. entities entering foreign markets. Their expertise ensures precision, insight, and success for clients seeking growth and financial stability.

International Tax Expertise

Fractional Tax Director Services

Tax Provision Compliance

Payroll Management

Services

Tax Compliance

Ensure peace of mind with seamless tax compliance. Our expert solutions simplify the process, helping you meet all tax obligations accurately and timely.

Financial Statements

Let us handle your compiled financial reporting, so you can focus on what truly matters — growing your business with peace of mind.

Tax Provisions

Our experienced professionals take the guesswork from tax provisions, ensuring your financial statements are accurate and reliable.

Tax Planning and Structuring

Optimize your tax strategy by structuring business investments to reduce liability, aligning financial strategies with your goals for an efficient and compliant approach.

Foreign Entities Entering U.S. Market

The U.S. tax laws can be difficult to navigate. Get expert guidance from the start — from setting up your U.S. business to ensuring effective tax compliance, we handle it all.

U.S. Entities Entering Foreign Markets

Compliance can be tricky to navigate, ensure you have the right professionals supporting you as you embark on this journey and expand your business to new areas of the world.

Credentials & Certifications

CPA

Since 2011

Member of AICPA

Since 2011

Member of New York State Society of CPAs

Since 2011

Frequently Asked Questions

What is the difference between a C Corporation and an S Corporation? +

A C Corporation is taxed separately from its owners, while an S Corporation allows profits and losses to pass through to shareholders, avoiding double taxation.

How do I file an amendment to my tax return? +

To amend a tax return, use Form 1040-X, gather the necessary documentation, and submit it to the IRS along with the original return.

What is an EIN and why do I need one? +

An Employer Identification Number (EIN) is a Federal Tax ID used to identify a business for tax and reporting purposes. It is required for hiring employees, opening a business bank account, and filing business taxes.

How can Tax Ace help foreign entities entering the U.S. market? +

Tax Ace provides expert guidance on setting up U.S. business entities, ensuring tax compliance, and implementing effective tax strategies to minimize liabilities.

What are the benefits of tax planning? +

Tax planning helps legally reduce taxable income, maximize savings through deductions and credits, avoid unexpected tax liabilities, and build wealth by aligning taxes with financial goals.

What is the process for dissolving a business? +

Dissolving a business involves filing Articles of Dissolution with the state, settling debts, distributing assets, and notifying relevant agencies to cease operations.