Quick and Easy Tax Accountant and Filing Services
in Brooklyn For Individuals and Families
Ready for tax season? If not, there’s no need to worry. Gerstein’s Brooklyn Tax Service has you covered. We can help make sure you’re not paying too much in taxes and get you the biggest refund possible. With over 40 years of experience providing tax preparation and advisory services, you can trust you’re in good hands with our team.
Tax season is a dreaded time of year for everyone, but it doesn’t have to be that way. Let the team at Gerstein’s take care of taxes for you this year!
Personal Tax Returns
At Gerstein’s Tax Service, we have an intimate understanding of the tax code and work hard to keep your taxes to the legal minimum so you get the largest refund possible. Getting started with us is easy. It starts with a phone call so we can learn more about your situation and ensure we’re equipped with all the tools and knowledge appropriate for your tax needs.
While preparing your return, we’ll always be available for any questions you have. Every return is double-checked for accuracy before we walk you through the results and answer any additional questions. Once you sign off on the return we will file your return electronically on your behalf, so you get your refund as quickly as possible.
No matter your tax situation we can help. We’ve seen virtually everything in our 40 years. Whether you are from Brooklyn or thousands of miles away, we can assist you with your tax needs — a seamless experience from start to finish.
Availability
Email or call us anytime.
In-person appointments are available:
Monday-Friday
9AM – 6PM
Location
375 1st Street
Brooklyn, New York 11215
Self-Employed Individuals
If you own your own business, freelance or are an independent contractor, you are required to file an annual return and generally have to pay estimated taxes quarterly. In addition to income tax, self-employed individuals must pay the self-employment tax, which consists of Social Security and Medicare taxes.
Here at Gerstein’s, we can help you navigate these more complex tax waters, advising you every step of the way — from analyzing allowable expenses, maximizing retirement contributions, minimizing UBT and everything in between. Whether you’re doing some independent contractor work on the side or chasing your dreams full-time, we will work to get you the best tax result possible and simplify your tax process.
Independent Contractor Tax Preparation
As an independent contractor or gig worker, you are required to file an annual return and will probably need to pay estimated taxes quarterly. In addition to income tax, self-employed individuals might receive a form 1099-K or 1099-NEC. You’ll also need to pay the self-employment tax, which consists of Social Security and Medicare taxes.
We can help you navigate these more-complex tax waters, advising you every step of the way, which may include analyzing allowable expenses, maximizing retirement contributions, minimizing Unincorporated Business Tax (UBT) and a host of other services that can save you after-tax money.
Do you drive for a rideshare app like Uber or Lyft? Need to file taxes for your gig work? We can help you navigate this complex tax landscape and minimize your tax bill. From analyzing your vehicle expenses to tracking your miles, we will work with you to get you every deduction and save every tax dollar you’re entitled to. Call us today to learn more!
Expat Tax Filing
Whether you’re already an ex-pat or you’re planning a move abroad, you have more to think about than just adjusting to a new culture. Every U.S. citizen — whether they live in the U.S. or not — must file a federal tax return. The tax situation for expatriates is often complicated and frustrating. Many variables affect how much you have to send in. These factors may include foreign taxes you paid, your employment situation and your host country.
Gerstein understands your unique situation and can walk you through all the possible variables as they apply to you and work with you to minimize your tax bill. Our easy-to-use client portal allows you to upload your necessary documents online from anywhere without the hassle of printing or relying on snail mail. Don’t get stuck paying more than expected to the U.S. government or your home state and let our tax experts guide you through the process.
Employee Stock and Option Grants
Granting equity can be a great way for startups and Fortune 500 companies alike (and companies of any size in the middle) to reward employees. These forms of compensation can be very lucrative for their recipients, but it’s extremely important to understand not only the specific type of equity or equity option you’ve been granted but also the various tax implications for each type. This can be understandably daunting. Whether you’re dealing with restricted stock, incentive stock options (ISO), a non-qualified stock option (NSO) or something else you need to understand the security and the tax considerations that come with it.
Ignoring the tax implications of your equity award can be a grave mistake, resulting in potentially large and unexpected tax bills at the worst times. With stock options, a variety of taxes can come into play. Taxes may include income tax, capital gains tax, the Alternative Minimum Tax (AMT) and net investment tax.
This is why you must speak with a tax advisor before exercising an option or selling an employer’s stock. We have a long history of helping founders, tech-sector and long-tenured professionals alike with the tax planning issues that come with these forms of equity compensation, changes in employee benefits and concentrated stock positions. Get started with one of our tax advisors and understand your options today!
Get Started With Gerstein and File Taxes Today!
In short, Gerstein is ready and waiting to help you face tax season with confidence. Our team is the perfect solution for your individual tax preparation needs. We provide personalized attention and tailored advice to make sure you’re always getting the most out of your tax return and saving the most money possible.
We understand taxes can be complicated and intimidating. That’s why we offer a variety of services to make filing taxes as easy and stress-free as possible. Contact us today to get started on filing taxes and putting more money back in your pocket!