Consulting Professionals Tax & Accounting | OnPoint Business Tax & Accounting
Industry Expertise
Consulting Professionals
Expert tax strategies for consultants and independent professionals in NYC & NJ.
Consultants and independent professionals often operate as one-person businesses with complex tax situations — high self-employment income, home office deductions, travel expenses, and the constant question of whether to incorporate. OnPoint Business Tax & Accounting helps consultants keep more of what they earn.
Common Tax Challenges for Consulting Professionals
We understand the unique financial pressures your industry faces — and we know how to solve them.
High Self-Employment Tax
Consultants pay both sides of FICA — we help structure your business to legally reduce this burden.
Home Office Deductions
Properly calculating and documenting home office deductions to maximize savings without triggering audits.
Business Travel & Entertainment
Tracking deductible travel, meals, and client entertainment expenses with proper documentation.
Quarterly Estimated Taxes
Calculating accurate quarterly payments to avoid underpayment penalties on variable consulting income.
Client Contract Structures
Understanding the tax implications of retainer vs. project-based billing and milestone payments.
Retirement Contributions
Maximizing SEP-IRA or Solo 401(k) contributions to reduce taxable income significantly.
Services We Provide for Consulting Professionals
OnPoint Business Tax & Accounting delivers tailored tax and accounting services designed specifically for your industry's needs.
- Business and personal tax preparation
- S-Corp election and payroll setup
- Quarterly estimated tax planning
- Home office deduction calculation
- Business expense tracking and bookkeeping
- Retirement plan setup (SEP-IRA, Solo 401k)
- 1099 income reconciliation
- Multi-state tax filing for traveling consultants
Why OnPoint?
NYC & NJ's Trusted Business Tax Experts
- Circle of Excellence 2025 Award Recipient
- 5-star rated on Google Reviews
- Serving NYC & NJ businesses for over a decade
- Flat-fee pricing — you know the cost upfront, always
- 100% in-house — your work is never outsourced or offshored
- Bilingual staff — English & Spanish
- In-person, virtual, and drop-off options
Keep More of Your Consulting Income
Our tax strategies are built for high-earning consultants. Get a free consultation and find out how much you could save this year.