Business Accountant NYC & NJ — Tax Filing, Tax Preparation & Accounting Services | OnPoint Business Tax & Accounting

You don't need a CPA for business tax preparation. Enrolled agents (EAs) are federally licensed by the IRS and are authorized to prepare all business tax returns — LLCs, S-Corps, C-Corps, and partnerships — and to represent you before the IRS in audits or disputes. In many cases, an EA with deep small-business tax experience will save you more money than a generalist CPA.

Most LLC owners who elect S-Corp status save between $5,000 and $15,000 per year in self-employment taxes once their net profit exceeds roughly $50,000. The savings come from splitting income between a reasonable salary (subject to payroll taxes) and a distribution (not subject to SE tax). We run a free S-Corp savings analysis for every client to see if the election makes sense for your situation.

For a new business client we typically need: last year's business and personal tax returns, your EIN confirmation letter, a profit & loss statement or bank statements for the current year, any 1099s or W-2s issued or received, and a list of major asset purchases. Don't worry if you're missing something — we'll walk you through exactly what's needed during your free consultation.

We quote a fixed price before we start any work, and that's the price you pay — no hourly billing, no add-ons for phone calls, and no invoice surprises at the end. Our flat fees cover preparation, e-filing, and one round of IRS correspondence if needed. If your situation changes significantly mid-year (e.g., you add a new entity), we'll tell you upfront before any additional work begins.

Yes — this is one of our specialties. We prepare and file late business returns for any number of unfiled years, calculate penalty abatement options, and communicate directly with the IRS on your behalf. Most clients are surprised at how manageable the process is once they get started. The longer you wait, the more penalties accrue, so the best time to act is now.

Our two offices are in Manhattan (100 Church St) and Montclair, NJ, and we work with clients across all five NYC boroughs, Long Island, and throughout New Jersey. We also serve remote clients nationwide for federal and multi-state business tax returns — most of our work is done digitally, so location is rarely a barrier.

Standard turnaround is 7–10 business days once we have all your documents. During peak season (February–April) it may be 2–3 weeks. If you have a hard deadline — a bank loan, investor due diligence, or an IRS notice — let us know and we'll prioritize accordingly. Rush preparation is available for an additional fee.

Tax preparation is filing what already happened — reporting your income and deductions for the prior year. Tax planning is proactive strategy for the current and future years: choosing the right entity structure, timing income and expenses, maximizing retirement contributions, and identifying deductions before the year closes. We offer both, and clients who combine them consistently pay less in taxes year over year.