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Pathak Financial Group Tax & Insurance
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15 Years in Business
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Claimed
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Closed now
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Language:English , Hindi +1 more
Serving ZIP Codes:8899, 08820, 08817, 08837, 8820
From the Business:" Pathak financial group is the right choice for your insurance needs. We are financial planners with various backgrounds of expertise. We are here to help all of our clients with their unique needs related to retirement and financial security. In addition we offer Payroll services, Group Health Insurance, and 401K retirement plans. No future is too big or too small for us, our goal is to simply help create a positive future for all of our clients. Here at Pathak Financial Group, we understand that financial planning for your future is scary and uncertain, especially in today's economy. But, rest assured, we have helped clients, with all types of backgrounds, successfully achieve their goals. They are happily retired with their financial hopes and dreams met. We want to help make that dream become a reality for you and your family also. Be sure to call us for a FREE consultation!!! "Read more

Gurutaxpro
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16 Years in Business
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Claimed
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Closed now
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Language:Telugu , English
- Individual Tax Planning and Return Preparation Avg - $75
Serving ZIP Codes:8899, 08820, 08817, 08837, 8820
From the Business:GuruTaxPro!Over the last decade Accounting-Taxation-Auditing outsourcing industry has grown by 3X to touch $ YY billion and is looking to grow by another 25% Y-o-Y for the coming five-year period. Businesses from across the world and across several industries have benefited by outsourcing their Accounting, Taxation and auditing requirements.While some firms continue to have some form of an in-house team to cater to these requirements, most firms have outsourced or are in the process of outsourcing to specialist Accounting, Taxation and Auditing firms. GuruTaxPro is a firm with extensive experience of managing Accounting-Taxation-Auditing requirements relieving businesses from the complexities of tax filing and back-end financial management. We pride ourselves as efficient business partners to our clients saving considerable time and efforts that can be ploughed back into their core business functions.Read more

RichTaxLaw
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Established Since 2017
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Claimed
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By Appointment
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Language:English
Serving ZIP Codes:8899, 08820, 08817, 08837, 8820
From the Business:maxWEALTH provides Tax & Wealth Advisory Services for a number of people including: Individuals, Business Owners, US Expatriates Working Abroad, Doctors/Physicians, H1B/L1 Consultants working on Client Projects, Students working on OPT/CPT. We provide extreme data security for all our client's tax returns and will ensure 100% customer satisfaction at an affordable price. We specialize in the preparation of U.S. Individual Income Tax Returns, particularly for U.S. citizen's resident abroad. We have been helping them with their U.S. Tax Returns and with other U.S. tax matters for years. Our procedures are designed to make Tax Return preparation as easy and painless as possible while at the same time assuring that you benefit from all the deductions, exclusions and credits to which you are entitled. For more details contact us.Read more

Desai & Desai CPAs
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15 Years in Business
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Claimed
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Closed now
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Language:English , Hindi
Serving ZIP Codes:8899, 08820, 08817, 08837, 8820
From the Business:Desai & Desai, LLP is a Charlotte, North Carolina based accounting firm, with a broad base of clients in diverse industries. Our firm specializes in accounting services, tax services, representation before taxing agencies & business development. We provide a full range of tax, accounting, payroll reporting, and business advisory services. We have within our firm more than 40 years of combined experience in the field of Accounting and Tax. It is our goal to provide individualized services to all our clients. We will cut down on your paperwork and increase the accuracy of your financial records. We will help in increasing the efficiency of your business and save you time and money.Read more

Aspire Tax & Consulting Services
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15 Years in Business
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Claimed
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By Appointment
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Language:English , Hindi +1 more
Serving ZIP Codes:8899, 08820, 08817, 08837, 8820
From the Business:Aspire Tax and Bookkeeping Services is based out of New York, USA and is a trusted accounting partner to a large number of business establishments and CPAs in the US and Canada, since 2012. With a Better Business Bureau rating of A+, we have created a benchmark in providing cost-effective bookkeeping, accounting and taxation services. We take pride in our long list of happy clients. We offer bookkeeping services for small businesses and CPAs in USA and Canada. Our services include bank reconciliations, accounts payable, accounts receivable, payroll processing, sales tax filing and financial reporting. Many small businesses are already leveraging our high-quality and low-cost services. We never have to be physically present at your site as we can access your QuickBooks desktop or online system remotely or virtually over the Internet.Read more

SKC CPA LLC
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5 Years in Business
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Claimed
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Closed now
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Language:English , Hindi
- Tax Pricing Avg - $283
Serving ZIP Codes:8899, 08820, 08817, 08837, 8820
From the Business:Our CPA firm SKC CPA LLC is registered in the state of Texas. We provide taxation, accounting, audit, business valuation and entity/business formation services. If you require any of these services in any other states, we can do so after we obtain state approval based on the scope and type of the engagement. We have created this webpage to share various articles on taxation, consulting, accounting and auditing.Read more

Arun Mago CPA PLLC
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15 Years in Business
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Claimed
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Closed now
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Language:English , Hindi +5 more
- 090789
Serving ZIP Codes:8899, 08820, 08817, 08837, 8820
From the Business:I am one of the most distinguished Financial & Taxation Services in Cedar Park, TX. I specialize in Accountant Services,Bookkeeping,Business Tax Planning,Estate Planning,Financial Planning,Income Tax Preparation,Notary Services,Payroll Processing,Personal Tax Planning,Sales Tax Services,Tax Consultants Services,Tax Preparation ServicesRead more

Tax Umbrella Inc.
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16 Years in Business
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Claimed
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Closed now
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Language:English , Hindi
Serving ZIP Codes:8899, 08820, 08817, 08837, 8820
From the Business:Tax Umbrella Accounts is your trusted partner. One of the best accounting firms in Schaumburg, IL. We have been providing CPA, Tax services, Accounting, Financing, Investment Services, Cash Flow Statement, and Payroll Services in Schaumburg, IL for many years. We provide cost effective Tax filing and business payroll services. Our quality of service is our true differentiation. We care for our customer and focus on long lasting relationship with you. Sanjay Jailwala is the Founder & Co-Director with 15+ years of Accounting, Tax and Business Payroll experience. Our motivated team is ready to serve our clients in Tax, Accounting, Finance and Investment need. We hire experts to provide great services at competitive price.Read more

Perfect Tax And Finance
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Established Since 1980
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Claimed
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Closed now
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Language:English , Bengali +2 more
Serving ZIP Codes:8899, 08820, 08817, 08837, 8820
From the Business:Perfect Tax is a well-known business service firm of USA specialized in providing international Tax Planning and structuring International Business Operations so as to assure lowest worldwide Taxes and full proof liability protection for Business operators with complete lawful compliance of Tax Laws of respective countries. We are a full range of tax and financial service consulting services to businesses and individuals, including tax advisory and compliance, business development, bookkeeping and payroll; financial and retirement planning, and guidance for all aspects of your financial life. We have grown to have offices at Irvine, CA and New Jersey, NJ where we offer Charitable Tax Planning, Advance Planning, and Solar Tax Credit and all other services provided by the firm. And Saturday by appointment only.Read more

MyTaxFiler
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16 Years in Business
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Claimed
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Closed now
Serving ZIP Codes:8899, 08820, 08817, 08837, 8820
From the Business:MyTaxFiler was founded by professionals with over 70 years of combined experience at industry-leading companies, including Infosys, Jackson Hewitt, and KPMG. We’re celebrated experts in finance, bookkeeping, taxation, and business consulting. We know tax. More importantly, we thrive on relieving our clients’ workload, freeing them from the worry of managing taxes, bookkeeping, payroll, investments and more. We follow industry best practices and implement workflows that transform our clients' lives and businesses. We assess your requirements then perform in-depth research to determine how to deliver the highest-quality work for you. All our work adheres to domestic and international regulations and tax codes.Read more
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Money In A Nutshell Inc.

Retire Wisely Financial Services
Everything You Need to Know About Financial & Taxation Services

What is an Individual Taxpayer Identification Number?
Your Individual Taxpayer Identification Number expires in three years unless used even once. ITIN allows people to cooperate with US laws. The person gets the full advantages that the IRS offers to ITIN holders. Another important aspect is that you can have ITIN if you are ineligible for SSN.

ARE IRA LOSSES DEDUCTIBLE?
We all make investments to get profitable returns. But what happens if you don't make a profit? In standard taxable investments, reporting capital gains and losses is straightforward. However, IRA does not recognize losses or gains. In fact, the only way you can deduct losses in IRA is after withdrawing all the funds in the account and with a good reason. The reason, in this case, is non-deductible funds which are minimal, if any, in traditional IRAs.

ARE IRA LOSSES DEDUCTIBLE?
We all make investments to get profitable returns. But what happens if you don't make a profit? In standard taxable investments, reporting capital gains and losses is straightforward. However, IRA does not recognize losses or gains. In fact, the only way you can deduct losses in IRA is after withdrawing all the funds in the account and with a good reason. The reason, in this case, is non-deductible funds which are minimal, if any, in traditional IRAs.
FAQ of Business Entity Selection
- What types of finance and taxation services are available in Edison, NJ via Sulekha?
You can find tax filing, bookkeeping, payroll, business incorporation, and financial planning services.
- Why should I hire a professional CPA to prepare my tax return?
Certified Public Accountants (CPAs) pass an extensive, two-day examination on accounting, auditing, taxation, and business law. They maintain their licenses by taking ongoing classes. CPAs have a depth and breadth of knowledge that most tax professionals do not. Hiring a CPA through Sulekha Financial Taxation Services ensures you have an expert with comprehensive knowledge and up-to-date information on tax laws and regulations.
- How often should bookkeeping be performed?
Generally, bookkeeping is performed once per month. However, the frequency can vary depending on the size and needs of your business. New businesses with limited transactions might only need quarterly bookkeeping, while larger businesses with more frequent transactions might need it more often. Regular bookkeeping through Sulekha Financial Taxation Services ensures accurate financial records, aiding in better financial decision-making and compliance.
- Are there Indian CPA or tax professionals in Edison listed on Sulekha?
Yes, many Indian-origin CPAs and tax experts serve the Edison area and are listed on Sulekha.
- Can I get help with both personal and business taxes in Edison?
Absolutely. Professionals on Sulekha handle both individual and business tax needs.
- What is tax planning and why is it important?
Tax planning involves analyzing your financial situation to ensure tax efficiency, minimizing tax liability through strategies such as timing of income, purchases, and investments, and leveraging tax deductions and credits. It is important because it helps minimize tax liabilities, maximizes savings, and ensures compliance with tax laws. Effective tax planning with Sulekha Financial Taxation Services can also help in avoiding penalties and interest charges.
- How can I minimize my tax liability?
Strategies to minimize tax liability include taking advantage of deductions and credits, deferring income, maximizing retirement contributions, utilizing tax-advantaged accounts, and seeking professional tax advice for effective tax planning. Implementing these strategies with the help of Sulekha Financial Taxation Services can significantly reduce the amount of tax you owe, allowing you to retain more of your earnings.
- Do Edison-based tax consultants offer virtual consultations?
Yes, most professionals offer phone or video consultations for convenience.
- Is it possible to file taxes for both the USA and India through Sulekha experts in Edison?
Yes, many experts specialize in cross-border taxation and NRI tax filing.
- What are the different types of tax returns?
The main types of tax returns include: Individual Income Tax Returns (Form 1040): Filed by individuals to report their income, deductions, and credits. Corporate Tax Returns (Form 1120): Filed by corporations to report income, gains, losses, deductions, and credits. Partnership Tax Returns (Form 1065): Filed by partnerships to report income, deductions, and credits, with income passed through to partners. S-Corporation Tax Returns (Form 1120S): Filed by S-Corporations to report income, gains, losses, deductions, and credits, with income passed through to shareholders. Estate/Trust Tax Returns (Form 1041): Filed by estates and trusts to report income, deductions, and credits.
- What is the difference between tax deductions and tax credits?
Tax deductions reduce your taxable income, thus lowering your overall tax liability based on your marginal tax rate. Examples include mortgage interest, medical expenses, and charitable contributions. Tax credits provide a dollar-for-dollar reduction in your tax liability, significantly reducing the amount of tax owed. Examples include the Earned Income Tax Credit (EITC) and Child Tax Credit. Sulekha Financial Taxation Services can help you identify and maximize these deductions and credits.
- How do I choose the right tax consultant in Edison on Sulekha?
Check reviews, compare services, and contact multiple providers for quotes.
- Are there bilingual (English + Indian languages) tax professionals in Edison?
Yes, many professionals speak Hindi, Tamil, Telugu, Gujarati, and more.
- How do I handle back taxes?
Handling back taxes involves filing any past-due tax returns, paying the owed amount, and potentially setting up a payment plan with the IRS. Sulekha Financial Taxation Services can assist in negotiating payment plans and exploring options like offers in compromise. Addressing back taxes promptly can help avoid additional penalties and interest charges.
- Can financial taxation services help with IRS audits?
Yes, Sulekha Financial Taxation Services can assist with IRS audits by providing representation, preparing necessary documentation, and offering guidance to ensure compliance with IRS requirements and reduce potential liabilities. Our professionals are experienced in handling audits and can help navigate the process efficiently.
- What is the average cost of tax filing services in Edison, NJ?
It typically ranges from \$100 to \$300 depending on complexity.
- Can I get help with IRS notices or audits in Edison?
Yes, several professionals offer IRS representation and audit support.
- What is the Alternative Minimum Tax (AMT)?
The Alternative Minimum Tax (AMT) is a parallel tax system designed to ensure that high-income individuals and corporations pay a minimum amount of tax, even if they qualify for various deductions and credits under the regular tax system. Sulekha Financial Taxation Services can help you understand if the AMT applies to you and how to manage its impact on your tax liability.
- What is a tax extension, and how do I apply for one?
A tax extension provides additional time to file your tax return (typically six months) but does not extend the time to pay any taxes owed. You can apply for an extension using IRS Form 4868 for individuals or Form 7004 for businesses. Sulekha Financial Taxation Services can assist you in filing for an extension and ensuring all necessary forms are completed accurately.
- Do Edison-based accountants help with LLC or corporation setup?
Yes, business formation and registration services are commonly offered.
- Is it safe to share my financial documents with Sulekha-listed professionals?
Yes, but always verify credentials and use secure communication channels.
- What are quarterly tax payments, and who needs to make them?
Quarterly tax payments are estimated tax payments made four times a year by individuals and businesses with income not subject to withholding, such as self-employment income, rental income, or investment income. Making these payments helps avoid penalties for underpayment of taxes. Sulekha Financial Taxation Services can help you determine your estimated tax payments and ensure they are made on time.
- What is tax loss harvesting?
Tax loss harvesting is a strategy to offset capital gains by selling securities at a loss. These losses can be used to reduce taxable capital gains and potentially offset up to $3,000 of ordinary income per year. Sulekha Financial Taxation Services can help you implement tax loss harvesting strategies to minimize your tax liability.
- Can I find QuickBooks-certified professionals in Edison via Sulekha?
Yes, many accountants are QuickBooks ProAdvisors.
- Do professionals in Edison help with tax planning for H1B or F1 visa holders?
Yes, they offer tailored advice for visa holders and international students.
- What are the benefits of electronic tax filing (e-filing)?
Benefits of e-filing include faster processing of tax returns, quicker refunds, reduced errors, secure submission, and immediate confirmation of receipt by the IRS. Sulekha Financial Taxation Services offers e-filing options to make your tax filing process more efficient and hassle-free.
- Can I amend a tax return after it has been filed?
Yes, you can amend a tax return if you need to correct errors or make changes. This is done by filing IRS Form 1040-X. Sulekha Financial Taxation Services can assist with this process to ensure accuracy and compliance, helping you make the necessary corrections to your previously filed returns.
- Are weekend or after-hours appointments available in Edison?
Many providers offer flexible scheduling, including evenings and weekends.
- Can I get help with ITIN application or renewal in Edison?
Yes, several professionals assist with ITIN processing.
- What is the Earned Income Tax Credit (EITC)?
The Earned Income Tax Credit (EITC) is a refundable tax credit for low to moderate-income working individuals and families. The amount of the credit depends on income, filing status, and number of qualifying children. Sulekha Financial Taxation Services can help you determine your eligibility for the EITC and assist in claiming this valuable credit.
- How do I choose the right tax professional?
Choosing the right tax professional involves considering their qualifications (such as CPA, EA, or tax attorney), experience, reputation, fees, and whether they specialize in your specific tax situation. Sulekha Financial Taxation Services connects you with qualified and experienced tax professionals who can provide tailored advice and services to meet your needs.
- Do Edison-based experts help with Canadian tax filing too?
Some professionals offer cross-border services for both USA and Canada.
- How soon should I book a tax consultant during tax season in Edison?
It’s best to book early — January to March is peak season.
- Can financial taxation services help with international tax issues?
Yes, Sulekha Financial Taxation Services can assist with international tax issues, including compliance with foreign tax laws, reporting foreign income, navigating tax treaties, and addressing expatriate tax concerns. Our experts are well-versed in international tax regulations and can help you manage your global tax obligations effectively.
- Can I get bookkeeping help for my small business in Edison?
Yes, bookkeeping and payroll services are widely available.
- Do Sulekha professionals in Edison offer free initial consultations?
Many do — check individual listings for details.
- How do I contact a finance expert in Edison through Sulekha?
Visit sulekha.com, search “Finance and Taxation - Edison, NJ,” and connect directly.
Free Review/Analysis of current portfolio only for Sulekha users!
Financial & Taxation Services Specialisation
- Accountant Services
- Banking Services
- Investment Management
- Money Transfer Services
- Tax Consultants Services
- Tax Preparation Services
- Bookkeeping
- Multinational Accounting and Taxation
- Payroll Processing
- Audit Review & Compilation Services
- Finance & Accounting Training
- Foreign Accounts Disclosure
- Auditing Services
- Compilation Services
- IRS Representation
- Incorporation Service
Find Local Financial & Taxation Services in Nearby Cities
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Promoted Financial & Taxation Services Listings in Edison, NJ
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