CPA in New York, NY: Business Tax and CFO Services at 650 5th Ave
Business tax preparation, New York City business tax filings, monthly accounting and fractional CFO support for New York companies doing roughly $1M to $30M.
- Local office in New York, NY
- CPA-led team
- Tax preparation and CFO planning in one place
Visit or call our New York, NY office
Scalesight CPA
650 5th Ave
New York, NY 10019
Phone: (201) 503-3549
The office is on Fifth Avenue at 52nd Street in Midtown Manhattan, in the 10019 ZIP of New York County.
Get driving directions | View Scalesight CPA on Google Maps
Please call ahead to set up a meeting time. Most client work happens through secure document sharing and video meetings.
A CPA firm for New York, NY businesses
Scalesight CPA's New York office gives Manhattan owners a local address and a direct phone line to the same CPA-led team that handles tax, books and CFO work for every Scalesight client. Business tax preparation is the core, and it is backed by year-round planning, a monthly close and fractional CFO reporting. See the full list on our services page.
New York City had 8,804,190 residents at the 2020 Census, and New York County (Manhattan), where the office sits, had 1,694,251. The office is set up for owner-led companies such as professional services firms, creative and marketing agencies, contractors and trades, medical and dental practices, restaurant groups, wholesalers and real estate businesses.
The tax layer that catches owners here is the city. New York City taxes partnerships, many LLCs and S corporations at the business level. That is on top of New York State income tax, the state's commuter payroll tax (MCTMT) and, for larger tenants south of 96th Street, the Commercial Rent Tax. Getting those filings right is where a CPA earns the fee.
What New York companies ask us for
- New York City Unincorporated Business Tax returns and estimated payments for LLCs and partnerships
- S corporation returns that cover both New York State and the city's General Corporation Tax
- State and city PTET election modeling before the March 15 deadline
- Payroll setup for MCTMT and for staff who live outside the city, in New Jersey, Connecticut, Westchester or Long Island
- Monthly bookkeeping and a close that holds up at tax time
- Fractional CFO forecasting for hiring, a new lease, financing or a sale
- Personal returns for owners with New York K-1 income and a home in another state
Services from our New York, NY office
- Business tax filingsAvailable from the New York, NY office
- S corp, C corp and LLC returnsAvailable from the New York, NY office
- Multi-state filingsAvailable from the New York, NY office
- Tax strategy planningAvailable from the New York, NY office
- Monthly bookkeepingAvailable from the New York, NY office
- Virtual CFO servicesAvailable from the New York, NY office
- Cash flow and runway managementAvailable from the New York, NY office
- Personal tax filings for ownersAvailable from the New York, NY office
New York tax rules NYC owners run into
Unincorporated Business Tax
New York City's Unincorporated Business Tax is 4 percent of income allocated to the city. It applies to most partnerships, sole proprietors and LLCs not taxed as corporations. For tax year 2025, a return is required once gross income from all business tops $95,000, and a credit wipes out a tax of $3,400 or less.
S corporations pay city tax
S corporations pay the city's General Corporation Tax. For tax year 2025, most owe the largest of several amounts, including 8.85 percent of city income, a version that adds back pay to owners holding more than 5 percent, and a $25 to $5,000 minimum (Form NYC-4S). C corporations file the city's Business Corporation Tax instead, at a standard 8.85 percent rate.
PTET elections by March 15
From January 1 to March 15 each year, most partnerships and New York S corporations can elect to pay state income tax at the business level (PTET). For tax year 2027, the deadline is March 15, 2027. Partnerships with a city-resident partner, or S corporations owned only by city residents, can add the city PTET. Neither election can be undone after March 15.
MCTMT payroll tax
Most employers with over $312,500 of quarterly payroll in the commuter district owe the MCTMT. For quarters since July 1, 2025, New York City rates run from 0.055 to 0.895 percent of payroll, based on payroll size. Starting in tax year 2026, self-employed owners and partners pay 0.60 percent once city net earnings top $150,000 (up from $50,000).
Sales tax in New York City
Most taxable sales in all five boroughs are taxed at 8.875 percent in 2026: 4 percent state, 4.5 percent city and 0.375 percent for the commuter district (NYS Publication 718). Clothing and footwear under $110 are exempt. Some services, such as health and fitness clubs, carry only the 4.5 percent city tax.
Commercial Rent Tax
Manhattan tenants south of 96th Street, including Midtown, owe the Commercial Rent Tax once yearly rent reaches $250,000. For the June 2026 to May 2027 tax year, the effective rate is 3.9 percent. A small business credit generally wipes it out when total income is $5 million or less and base rent is under $500,000. Tenants paying over $200,000 a year must file by June 20, even if they owe nothing.
Rates and thresholds change. We confirm the current rules for your business before filing.
New York areas and nearby cities we serve
The New York office works with businesses across the five boroughs, Westchester and Long Island, and with owners who live in northern New Jersey or Fairfield County, Connecticut. Most of the work happens through secure document sharing and scheduled video meetings, so a company in Brooklyn or Jersey City gets the same service as one a few blocks from Fifth Avenue.
- Midtown Manhattan
- Midtown East
- Hudson Yards
- Chelsea
- Flatiron
- SoHo
- Tribeca
- Financial District
- Upper East Side
- Upper West Side
- Harlem
- Brooklyn
- Queens
- The Bronx
- Staten Island
- Westchester County
- Long Island
- Jersey City, NJ
- Hoboken, NJ
- Stamford, CT
Other Scalesight CPA offices
- Scalesight CPA Philadelphia, PA officeLocal office and phone
- Scalesight CPA Baltimore, MD officeLocal office and phone
- Scalesight CPA Washington, DC officeLocal office and phone
- Scalesight CPA in San Marcos, CAMain office, serving San Diego County
- All Scalesight servicesTax, accounting, CFO and more
How New York, NY owners get started
Apply
Tell us about the business in about two minutes.
Growth Audit
A CPA reviews your statements, cash flow and tax approach.
Written plan
You get an action plan and, if we are a fit, a fixed scope in writing.
Execute
Monthly close, tax planning and CFO reviews on a set calendar.
Why owners choose Scalesight
Meet Brendan. He is the face of Scalesight CPA and the voice in our short videos. Every Growth Audit is CPA-led and ends with a written plan you can use with or without us.
CPA-led
Tax preparation, books and CFO work are led and reviewed by a CPA, not handed to a call center.
Built for $1M to $30M
Our process is designed for owner-led companies that have outgrown a basic tax preparer.
One team
The people who close your books also plan your taxes and prepare your returns, so nothing gets lost between firms.
Fixed scope in writing
You know what is included and what it costs before work starts.
New York, NY CPA questions
Where is Scalesight CPA's New York office?
At 650 5th Ave, New York, NY 10019, on Fifth Avenue at 52nd Street in Midtown Manhattan. Call (201) 503-3549 to set up a time before visiting, because most client work happens by video.
Do S corporations pay New York City tax?
Yes, if they do business in the city, through the General Corporation Tax. For tax year 2025, most owe the largest of several amounts, including 8.85 percent of city income, a version that adds back owner pay, and a $25 to $5,000 minimum (Form NYC-4S).
Does my LLC owe the New York City Unincorporated Business Tax?
Usually, if it is taxed as a partnership or sole proprietorship and does business in the city. The tax is 4 percent of city income, and for tax year 2025 a credit erases a tax of $3,400 or less. An LLC taxed as an S corporation pays the General Corporation Tax.
Does a New York LLC have to publish a notice after it forms?
Yes. Within 120 days after forming, a New York LLC must run a notice once a week for six weeks in two newspapers picked by the county clerk. Then it files a $50 Certificate of Publication. Missing the deadline suspends its authority to do business until it complies.
I live in New Jersey or Connecticut and own a business in Manhattan. Where do I file?
Usually both. New York taxes nonresidents on New York income, and New Jersey and Connecticut generally credit their residents for that tax. You owe no New York City personal income tax, but the business may owe city tax. Wages for days worked from home can still count as New York income.
Can the New York office handle clients outside New York City?
Yes. The New York number reaches the same team that serves clients in all 50 states. New York owners with operations in other states get multi-state filings from one firm.
Free Growth Audit for New York, NY businesses
Prefer to talk first? Call the New York, NY office at (201) 503-3549. Or apply below and a CPA will review your books, tax approach and cash flow, then send a written plan.
- Financial health review of recent statements and trends
- Cash flow and profitability analysis
- Review of your current tax approach
- Scalability readiness scorecard
- A written action plan you can use with or without us