Tax, bookkeeping and business setup from the people who already insure you.
Syed Services Inc. now handles your taxes too. A licensed CPA prepares personal and business returns, answers IRS, New York State and New York City tax questions, and helps you choose between an LLC, S-Corp or C-Corp, at the best price in the market.
One office for your taxes, your books and your insurance
Tax preparation
Personal, self-employed and business returns for the 2026 and 2027 tax years, filed federal, New York State and NYC.
Bookkeeping
Monthly books, bank reconciliations and sales tax records so your return is ready when the season starts.
Business formation
Open a New York LLC, S-Corp or C-Corp the right way, with your EIN, state filings and tax elections handled.
Entity choice in NYC
S-Corp or LLC? New York City taxes them differently. We run your numbers before you decide.
IRS & state tax problems
Notices, back taxes, payment plans and audits from the IRS or NYS Tax Department, handled by a CPA.
NY State & NYC tax
Sales tax, NYC business taxes, the pass-through entity tax election and city filing deadlines.
TLC & rideshare drivers
Uber, Lyft and yellow-cab returns that claim your mileage, plate, insurance and car costs correctly.
Business insurance
The same team that sets up your company can insure it: BOP, general liability, workers’ comp and disability.
The federal rules changed. Your plan should too.
The One Big Beautiful Bill Act, signed on July 4, 2025, changed several rules that matter to small businesses in Queens. Most of them apply to returns you file for 2026 and 2027.
- The 20% qualified business income (QBI) deduction for LLCs, S-Corps and sole proprietors is now permanent.
- 100% bonus depreciation is back for business property acquired after January 19, 2025, so equipment, a work vehicle or a store fit-out can often be written off in the first year.
- Starting in 2026, you only need to send a 1099-NEC or 1099-MISC once you pay a contractor $2,000 or more, up from $600.
- The 1099-K reporting threshold for apps and card processors is back to $20,000 and 200 transactions.
- The state and local tax (SALT) deduction cap rises to $40,000 for several years, which matters in high-tax New York.
We review which of these apply to you during the free consultation.
Sources: IRS: Working Families Tax Cuts (tips, overtime, seniors) · Taft Law: One Big Beautiful Bill tax changes (QBI, bonus depreciation) · NATP: Form 1099 $2,000 threshold · IRS: Understanding your Form 1099-K · Fraim CPA: SALT cap under the 2025 tax law
Waiting on a refund? Track it here.
From first call to filed return
Free consultation
Meet a licensed CPA in person, by phone or on WhatsApp. Bring last year’s return and any IRS or state letters.
Your price
We look at what your return or business needs and give you the best price in the market.
We prepare and review
Your return or books are prepared and reviewed by a licensed CPA.
File and follow up
We e-file, send you copies, and remind you about quarterly estimates and deadlines.
Frequently asked
Do you offer a free consultation?
Yes. Book a free consultation and we’ll review your business structure and plan your 2026 and 2027 returns with you.
How much does tax preparation cost?
Every return is different, so the price depends on what you need. We offer the best price in the market and go over it with you at your free consultation.
Who prepares my return?
Returns are prepared and reviewed by a licensed Certified Public Accountant (CPA) working with the Syed Services team in Richmond Hill.
Do you speak Urdu, Hindi or Punjabi?
Yes. Our office speaks English, Urdu, Hindi and Punjabi.
Sources: IRS: Working Families Tax Cuts (tips, overtime, seniors) · Taft Law: One Big Beautiful Bill tax changes (QBI, bonus depreciation) · NATP: Form 1099 $2,000 threshold · IRS: Understanding your Form 1099-K · Fraim CPA: SALT cap under the 2025 tax law · IRS: Tax year 2026 inflation adjustments
Figures and rules on this page come from the official and published sources linked above, as of November 2026. People and numbers in the examples are made up to explain the idea. This page is general information, not tax or legal advice for your situation, and laws change; check the linked source or ask a licensed CPA before you act.
Book your free consultation.
Sit down with a licensed CPA to review your business structure and plan your 2026 and 2027 tax returns.