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The Best CPA Firm in New York City

Struggling with Taxes & Accounting? Our Trusted NY CPA Firm Can Help

Taxes and accounting can be overwhelming. Our CPAs in Union help entrepreneurs, executives, and wealthy individuals take control. We blend expert knowledge with personal strategies to reduce your tax burden and keep you compliant. Partner with us to secure your financial future.
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Rated 5 out of 5
"George and his team are really great and their response time is next to none. No wait for anything and they diligently work weekends as well. Highly recommend for all tax needs!" -Wayne B
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Rated 5 out of 5

Get award-winning accounting services

Our CPA experts at Dimov Tax handle all your individual and business tax needs with accuracy. We stay current on tax laws, maximizing your financial benefits. Our expert team provides strong support, ensuring compliance and improving your tax position. Partner with us to secure your financial goals and minimize tax liabilities.
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Award For Best CPAs in New York City.
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NYC UBT, Commercial Rent Tax and NYS DTF Registration Obligations

A new operator forming an LLC in New York City almost never asks about the UBT at setup. By the time it surfaces, the 4% city-level tax on allocated income has accrued interest on top of the original balance. Midtown and lower Manhattan tenants with annual gross rent above $250,000 owe the Commercial Rent Tax separately, billed by a different agency on a different calendar from the income return. We handle registration and filing obligations across all four areas: UBT registration and filings Commercial Rent Tax (CRT) filings Real estate tax NYC reporting Bookkeeping and payroll services in New York City

NYC Resident Tax, K-1 Allocations and the Employer Convenience Rule

A finance partner arriving with K-1s, deferred compensation, and multi-state workday allocations is a routine return in this office. New York’s top bracket reaches 10.9%; the city resident rate adds 3.876% on top of that. The convenience-of-employer rule means a remote worker with a Manhattan office assignment often owes New York tax on days worked from another state, unless the employer has a bona fide office at the remote location. Returns we handle as routine include: Tech employees with RSUs Founders with ISOs Part-year residents carrying pre-departure equity Statutory residency, not just domicile, can pull all worldwide income into a full city resident return, even if New York is no longer your primary home.
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How NYC CPAs Handle NYS DTF, UBT, and IRS Filings Separately

New York City’s UBT sits entirely outside the standard NYS DTF state return. A clean federal return tells the city nothing. A failed residency position converts all income into New York State and city resident taxable income, not just New York source income. That is the difference between one set of correspondence and three. Dimov Tax has been handling tax preparation in New York City since 2008 and every file goes to a licensed CPA or Enrolled Agent, not a junior associate running through a checklist. The second return always costs more than the first.
Dimov Tax is experienced in AccountEdge accounting software
Dimov Tax is experienced in Freshbooks accounting software
Dimov Tax is experienced in OneUp accounting software
Dimov Tax is experienced in Oracle Netsuite accounting software
Dimov Tax is experienced in Quickbooks accounting software
Dimov Tax is experienced in Sage accounting software
Dimov Tax is experienced in Xero accounting software
Dimov Tax is experienced in Zoho accounting software
Dimov Tax is experienced in Wave bookkeeping and accounting software
Dimov Tax is experienced in Trinet payroll software
Dimov Tax is experienced in Run ADP payroll software
Dimov Tax is experienced in Rippling HR and payroll software
Dimov Tax is experienced in Intuit Quickbooks payroll software
Dimov Tax is experienced in Paycor payroll software
Dimov Tax is experienced in Paychex payroll software
Dimov Tax is experienced in Patriot Software for accounting and payroll
Dimov Tax is experienced in Onpay payroll software
Dimov Tax is experienced in Justworks payroll software
Dimov Tax is experienced in Gusto payroll software
Dimov Tax is experienced in deel payroll software
Dimov Tax is experienced in BambooHR payroll software
Dimov Tax is experienced in Bambee payroll software

New York City Tax & Accounting Services

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Tax Preparation

Get your taxes done right, fast

We handle complex business and personal taxes effectively. Our tax CPA team specializes in R&D credits, equity compensation, and multi-state filings. We integrate your business and personal tax prep, saving time and maximizing deductions. Our strategic approach addresses unique financial challenges, letting you focus on what’s important.

Forensic Accounting

Evidence-based financial investigations

Our forensic accountants unveil hidden financial truths, saving you time and money. We expose fraud, calculate damages, trace assets, and value businesses with accuracy. Our specialized knowledge helps resolve complex financial disputes quickly, giving you assurance and protecting your bottom line.
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Bookkeeping

Clean books, clear business picture

We’re your small business CPA experts, with Quickbooks Pro Advisor status and experience across top accounting systems. We maintain accurate records, categorize transactions thoroughly, and deliver clear financial reports. This improves decision-making and verify tax compliance, giving you more time to focus on growth.
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Tax Consulting

Smart tax choices, better results

As your tax consultants, we explore complex international, expat, business, and personal tax challenges. Our strategic planning minimizes liabilities across state, local, and national levels. We f-guarantee compliance while improving your tax position, addressing the unique complexities of global taxation.
full payroll and HR management services.

Payroll Services

Payroll compliance, handled correctly

We handle your payroll, so you can focus on growth. As small business accountants, we set up systems, manage taxes, and administer benefits. We’re experts in Quickbooks, Gusto, and Rippling, tackling multi-state issues nationwide. Our integrated solutions minimize headaches and maximize accuracy, supporting your company at every stage.
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Amended Tax Returns

Fix past tax return mistakes

We specialize in amending tax returns, including Form 1040X. Our expertise covers correcting filing errors, addressing back taxes, and updating returns with new information. We help you claim overlooked deductions, adjust filing status, and report missed income, ensuring your amended return is accurate and compliant.
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Financial Audits

Thorough reviews for accuracy

As certified tax accountants, we deliver reliable financial audits in New York City. We excel in accuracy, risk management, and cost savings. Our team secure regulatory compliance and transparent communication throughout the process. We offer competitive pricing and established experience, making us your trusted audit partner.
IRS tax audit representation.

Tax Audit Representation

Expert defense in IRS audits

Facing an audit? Dimov Tax has your back. We have a 98% success rate on first IRS and state responses, handling all audit types expertly. Our team guides you through complexities, ensuring compliance with current laws. We make audits less stressful, protecting your interests and saving you time. Choose us for experienced, effective audit representation.
IRS tax audit representation.

Real Estate Taxes

Property tax planning made simple

Need help with real estate taxes in New York City? We’re 1031 exchange experts, guiding you through every step. We improve taxes for primary homes and rentals, locally and internationally. Real estate agents, we’ll structure your business and plan your retirement. Our full-service support covers all real estate tax aspects.
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Resources From Our Expert Accountants

Explore our resource center for expert insights on local and international tax laws. We share personalized advice tailored to your unique financial situation. Our articles and guides help you maneuver complex tax topics, supporting you to make informed decisions for your business success.

Get Your Tax & Accounting Questions Answered

Got questions? Our FAQ section covers common concerns about our accounting services, providing quick, clear answers to save you time and keep you informed.

Average accountant hourly rates by years of experience (2025)

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$400 $300 $200 $100 $0
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We've never filed the UBT. How far back can NYC assess us?

Three years back, absent fraud. The interest has already accrued. We calculate the balance and file amended returns before a notice arrives. Bookkeeping services in NYC that track the UBT calendar from day one cost less than the first penalty notice.

I moved to New Jersey but my employer is still in Manhattan. Are my remote days taxed by New York?

Most of them are. The convenience-of-employer rule sources pay to New York when the primary office is in-state, a home office does not qualify. We calculate the allocation and file the nonresident return; it is a standard case for an accountant NYC remote workers bring us.

Our Lower Manhattan lease may cross the CRT threshold and we've never filed. What's our exposure?

If annualized gross rent south of 96th Street exceeds $250,000, the CRT applies and open years are assessable. It runs on a separate calendar from your income return and real estate tax NYC filings. We calculate each period and file before the city acts.

I kept my Manhattan apartment during eight months abroad. Can New York still treat me as a full-year resident?

Potentially yes. Statutory residency requires a permanent place of abode for substantially all of the year and 184 or more New York days, partial days count. When both conditions are met, tax preparation in NYC pulls all worldwide income into the return, not just New York source income.

We run a medical practice and an LLC in NYC. Does the UBT apply to both?

Each entity is analyzed separately. The LLC consulting arm owes 4% on allocated city income; whether the medical practice falls under an applicable exclusion depends on structure. Each entity also carries its own registration, filing, and payroll services in New York City requirements.

Your Personal and Business Accounting Team

George Dimov - Founding President of George Dimov CPA and Tax Specialists, an online CPA firm with the highest standards

George Dimov

President

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Stan Shraybman, MBA, EA

Senior Tax Manager

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Anvar Akhtamov, EA

Senior Tax Accountant

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Xintian Wang, CPA

Senior Tax Manager

MEET THE TEAM
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