Tax Planning & Consulting Services in New York City
Edward Torres CPA provides proactive tax planning and consulting for businesses and individuals in NYC. Entity structuring, R&D credits, multi-state advisory. Stop overpaying — book a free strategy session.
40+
15,000+
100%
< 24h
Tax Consulting & Advisory
From entity selection and startup R&D tax credits to multi-state structural planning and active audit prevention.
Strategy Review
Monthly
Regular one-on-one advisory sessions.
Partner Led
100%
Direct access to our Principal CPA.
Growth Analysis
Deep
Clear breakdown of your unit economics.
Strategic Tax Planning
Looking Ahead to Minimize Liability
High-Net-Worth Individuals
Family wealth preservation, estate optimization, asset protection, and multi-state tax planning.
Expanding Corporations
Corporate entity restructuring, multi-state tax planning, and international withholding compliance.
Real Estate Syndicates
Cost segregation planning, active 1031 exchange advisory, and passive activity loss optimization.
Pre-Exit Founders
Maximizing QSBS exclusions and restructuring corporate assets prior to sale or merger exits.
Request a Strategic Tax Consultation
Book a free strategy session to discuss your tax planning & consulting services in new york city needs with our licensed CPA team.
Same-Day Response
We typically respond within 2-4 hours
No Obligation
Free consultation with zero commitment
Licensed CPA Team
30+ years serving NYC businesses
Get Your Free Quote
Tell us a bit about your needs and we'll prepare a custom proposal.
Tax Strategy & Planning for NYC Businesses — Year-Round
Consulting is about the future, not just the past. We build roadmaps that align with your business goals to save you money year after year.
Entity Selection & Multi-State Tax Planning — Queens & NYC
Every client is matched with a dedicated CPA advisor to ensure personalized, forward-thinking guidance at every stage of growth.
CONSULTING FRAMEWORK
Annual Planning Cycle
Free Consultation
Tell us about your income, business, or IRS concerns.
Custom Roadmap
We create a personalized plan with compliance, credits, and savings built in.
Ongoing Management
We manage filings, projections, and IRS communications so you can focus on growth.
The Outcome
Your Results
Don't wait until tax season to find out you paid too much. We build proactive tax strategies that align with your business goals and save you money year after year.
Start Your ConsultationPersonalized Tax Planning & Annual Strategy
Startup & Small Business Tax Consulting
Entity Selection & Structure Optimization
Multi-State & Corporate Tax Advisory
IRS Audit Preparation & Representation
International Tax Exposure Guidance
"Don't wait until tax season to find out you paid too much. We build proactive tax strategies that align with your business goals and save you money year after year."
Edward Torres, CPA
Principal CPA oversight
Our consulting goes beyond filing. We help with entity selection, R&D credits, stock-based compensation, and multi-state compliance.
Every client is matched with a dedicated advisor—not a sales team—to ensure personalized, forward-thinking guidance.
What We Cover
Support designed for your situation
- Personalized Tax Planning & Annual Strategy
- Startup & Small Business Tax Consulting
- Entity Selection & Structure Optimization
- Multi-State & Corporate Tax Advisory
- IRS Audit Preparation & Representation
- International Tax Exposure Guidance
Local Expertise. Global Reach.
Headquartered in Forest Hills, NY 11375, we provide professional support to clients across all 50 states.
Comprehensive Support
Other Practice Specializations
Explore our complementary professional services designed to protect your wealth and streamline operations.
Tax Preparation Services in Queens & New York City
Edward Torres CPA prepares individual, business & complex tax returns for clients in Queens, NYC & all 50 states. CPA-reviewed filing, year-round strategy. Book a free consultation today.
Fractional CFO & Business Advisory Services in New York City
Edward Torres CPA offers fractional CFO services and business advisory for NYC startups and growing companies. Financial forecasting, investor reporting, and strategic growth planning. Free consultation.
Form 1041 & 706 Trust and Estate Tax Return Services | NYC CPA
Edward Torres CPA prepares Form 1041 trust and estate tax returns for executors and trustees in NYC. K-1 preparation, deduction analysis, and New York State fiduciary compliance. Form 706 estate tax. Free consultation.
Frequently Asked Questions
Direct answers on scope, timelines, support, and documentation for this service.
How is tax consulting different from tax preparation?
Tax preparation looks backward to file accurate returns. Tax consulting looks forward to minimize future tax liability through strategic planning, entity structuring, timing of income and deductions, and identifying credits and incentives.
What is tax planning?
Tax planning is the proactive process of analyzing your financial situation to minimize tax liability. This includes timing income and deductions, choosing the right business entity, maximizing credits, and structuring transactions tax-efficiently.
When should I start tax planning?
Tax planning should be a year-round activity, not just a year-end rush. The earlier we analyze your situation, the more strategies we can implement. Ideally, we review your tax position quarterly and make adjustments throughout the year.
How much can tax consulting save me?
Savings vary widely depending on your situation. We've helped clients save tens of thousands annually through proper entity structuring, timing strategies, missed credits, and deduction optimization. The investment typically pays for itself many times over.
What is the Qualified Business Income deduction?
The QBI deduction allows eligible self-employed individuals and pass-through business owners to deduct up to 20% of qualified business income. We analyze your eligibility and optimize your business structure to maximize this deduction.
Can you help with R&D tax credits?
Yes, we specialize in R&D tax credits for eligible businesses including tech startups, manufacturers, and engineering firms. These credits can offset payroll taxes for startups or provide significant tax savings for established companies.
Should I change my business entity for tax reasons?
Possibly. As your business grows, the optimal entity structure may change. Converting from LLC to S-Corp, or restructuring for acquisitions or investments, can provide significant tax benefits. We analyze your specific situation and recommend timing.
What is cost segregation and do I need it?
Cost segregation accelerates depreciation deductions for commercial real estate by identifying components that can be depreciated faster. This can generate significant tax savings for property owners. We work with specialists to implement these studies.
How do I reduce my taxable income legally?
Legal strategies include maximizing retirement contributions, health savings accounts, timing income and deductions, tax-loss harvesting, charitable giving strategies, and entity structuring. We develop personalized strategies based on your situation.
Do you provide tax consulting for high-net-worth individuals?
Yes, we specialize in sophisticated tax planning for high-net-worth individuals and families. This includes investment tax strategies, estate planning coordination, trust structures, and coordination with your other advisors.
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