Long Island City

Accountant for Long Island City Businesses and Freelancers

Li CPA Group works with small businesses, startups, freelancers and families in Long Island City, Hunters Point, Court Square, Dutch Kills and Astoria. Our office is in Rego Park, a short ride on the M or R, and most LIC clients never need to come in at all.

Book a Free 15-Minute Consultation
Or call (516) 518-6678

Who we work with in LIC

New York City tax on top of everything else

Long Island City is in Queens, so LIC residents pay New York City resident income tax on top of federal and state. Self-employed owners may also owe the 4% NYC Unincorporated Business Tax, and S corporations still pay the NYC General Corporation Tax because the city ignores the S election. We tell you up front which ones apply and roughly what they will cost.

Posted prices

Personal returns start at $300. Business returns start at $1,000. Bookkeeping starts at $300 a month, and payroll is $300 a month including your first employee, plus $20 for each additional one. You get the exact number in writing before we start.

Our posted prices

Payroll$300/mo incl. 1 employee, + $20 each additional
Bookkeepingfrom $300/mo
Bookkeeping + Payrollfrom $500/mo incl. 1 employee, + $20 each additional
Business tax returnfrom $1,000
Personal tax returnfrom $300
Entrepreneur Starter Kit$1,500 one time

Tax returns and bookkeeping are "from" prices. You get an exact quote in writing before any work starts. Full price list

Common questions

Do I have to come to your office?

No. Most Long Island City clients upload documents through our secure portal and meet by phone. Our office at 63-08 Woodhaven Blvd in Rego Park is open if you prefer to sit down in person.

I just switched from W-2 to 1099. What should I do first?

Start setting money aside from every payment and make an estimated payment by the next deadline (January 15, April 15, June 15 or September 15). We can work out the exact amount for federal, New York State and New York City.

I moved to LIC from another state this year. Do I file two returns?

Usually yes: a part-year return for the old state and a part-year New York State and City return, plus your federal return. We prepare them together so you are not taxed twice on the same income.

Related

Get an Exact Quote

Book a free 15-minute consultation and get a written quote within one business day.

Book My Free Consultation
63-08 Woodhaven Blvd, Rego Park, NY 11374 · (516) 518-6678

Visit Our Rego Park Office

63-08 Woodhaven Blvd, Rego Park, NY 11374 · Get directions →