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Best Tax Services in Newark

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Accounting & Tax Financial Services Inc. logo
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Accounting & Tax Financial Services Inc.

27 John St, Kearny, NJ 07032
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  • Preparation & Planning

Business Description

Accounting & Tax Financial Services Inc. is a full-service firm serving Newark and its surrounding communities. It assists executives, business owners, and independent professionals with tax planning and preparation. The business offers sole proprietor, S-corporation, C-corporation, partnership, and personal tax filing services. Its team analyzes financial statements and provides second opinions to clients before showing them to tax professionals. The firm also offers tax consultation and IRS tax ID/EIN services for individuals who are looking to start a business.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.4
Facebook
4.4 / 5 (17)
Castillo Tax Service logo
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Castillo Tax Service

816 Sheridan Ave., Elizabeth, NJ 07208
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  • Preparation & Planning

Business Description

Castillo Tax Service has been helping the people of Newark and the surrounding areas since 1996. The firm works with individuals who need tax assistance, and business owners seeking payroll and accounting services. Its professionals prepare tax returns for rentals, partnerships, LLCs, nonprofit organizations, and self-employed clients. They also handle matters concerning the IRS. In addition, the company assists clients who are setting up a new business or launching a new service by obtaining business licenses and permits.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (52)

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We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Clinton Robinson logo
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Clinton Robinson

464 Central Avenue, East Orange, NJ 07018
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Business Description

Clinton Robinson is a full-service accounting firm serving Newark. The company offers tax preparation and planning services for private professionals, business owners, and executives. Its tax specialists cater to a variety of industries, including real estate, construction, and non-profit organizations. The team also provides financial solutions such as personal financial planning, estate planning, payroll, small business accounting, cash flow management, and business valuation. The company's owner, Clinton Robinson, has been in the financial services industry for over 43 years.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (24)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Coombs CPA, PC. logo
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Coombs CPA, PC.

902 Bergen Street, Newark, NJ 07112
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  • Preparation & Planning

Business Description

Founded in 2017, Coombs CPA, PC. is an accounting firm that serves individuals and businesses in Newark and the surrounding areas. Its team offers a variety of services, including tax planning and income tax preparation for individuals, partnerships, and corporations. It also provides financial and government audits, bookkeeping, accounting consultation, and payroll services. Founder and CEO Andrew Coombs is a member of the National Association of Black Accountants and the American Institute of Certified Public Accountants.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.8 / 5 (21)
Facebook
5.0 / 5 (5)
Yelp
5.0 / 5 (3)

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We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Curran & Company LLP logo
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Curran & Company LLP

59 Lincoln Park, Suite 200, Newark, NJ 07102
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  • Preparation & Planning

Business Description

Curran & Company LLP is a full-service CPA firm providing tax, accounting, and advisory services to clients in Newark. Its tax-related services include income tax preparation and planning for businesses, individuals, trusts, and estates. The firm also provides sales and payroll tax return compliance on a monthly or quarterly basis. It offers audit defense to the IRS, state sales, or any withholding tax body. Founder Ryan Curran is a CPA and is authorized to practice law in the state of New Jersey.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Google
4.8 / 5 (11)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
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Elite Tax & Accounting logo
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Elite Tax & Accounting

277 South Orange Ave., Newark, NJ 07103
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  • Preparation & Planning

Business Description

Elite Tax & Accounting caters to individuals and businesses in the Newark metro and the surrounding communities. It helps clients manage their finances, including offering tax planning and preparation services. Its staff members also provide bookkeeping, business consulting, financial budgeting, and payroll processing. They deal with the formation of different entities, such as LLCs, partnerships, and S&C corps. Elite Tax & Accounting co-founder Ian Epps brings over 11 years of experience in the industry. He holds a bachelor's degree in Accounting.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (74)
Facebook
5.0 / 5 (25)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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FIRM1040 logo
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FIRM1040

Orange, NJ 07050
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Business Description

FIRM1040 is a certified public accounting firm located in Orange that has been helping individuals and small businesses deal with finances since 2006. Its professionals have a combined 20 years of industry experience and provide a wide range of services, including accounting, bookkeeping, payroll, and tax services. They are experienced in everything from tax preparation and tax planning to business consulting and small business accounting. The award-winning company takes a hands-on approach to guiding different clients.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
4.8 / 5 (104)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
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HJP Associates, Inc logo
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HJP Associates, Inc

Elizabeth, NJ 07202
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Business Description

HJP Associates, Inc., is a company that assists its clients in the Newark metro and its surrounding areas regarding compliance with various tax and business regulations. The company helps in minimizing its clients' tax liabilities through planning, as well as preparing local, state, and federal tax returns. Its other services include a full range of accounting, bookkeeping, consulting, and payroll tasks. HJP Associates has more than 40 years of experience in the fields of tax preparation, accounting, and payroll.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Intensive Financial logo
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Intensive Financial

301 Rose Street, Newark, NJ 07108
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  • Preparation & Planning

Business Description

Intensive Financial is a firm that serves clients in Newark. It helps individuals and businesses through the process of filing tax returns. The firm has experience working with a range of commercial clients, from restaurants and non-profit organizations to retail stores and medical offices. It also provides accounting services and prepares audited financial statements. The firm has been in the industry since 2001. Its CEO and president, Sedgwick Iyasere, served as a senior accountant for the SUNY Downstate Medical Center.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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JJKM Pro logo
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JJKM Pro

1098 W S Orange Ave, Newark, NJ 07106
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Business Description

JJKM Pro is a firm that has been operating in Newark since 1991. It offers tax planning and preparation services for business owners, independent professionals, and corporations to help them minimize liability. Its team of accountants gathers the client's tax information and keeps up-to-date with tax laws to provide accurate resources on managing their payments. The firm also provides limo services using different types of vehicle fleets, such as Jaguar, Mercedes, and Cadillac, for various occasions.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.2 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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MA Global Multiservices Inc logo
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MA Global Multiservices Inc

679 Ferry Street, Newark, NJ 07105
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  • Preparation & Planning

Business Description

MA Global Multiservices Inc. provides personal and business income tax preparation, bookkeeping, payroll, notary, and translation services. It represents clients during IRS audits. The Newark-based firm also assists motor carriers in complying with the quality and safety requirements set by the transportation sector. It handles registration, permit, and renewal transactions with the DMV, IRP, PA DEP, IFTA, and HUT. In addition, it prepares and files form 2290 road tax and IFTA quarterly fuel tax returns.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.3
Google
4.3 / 5 (11)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
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Neiman and Kudisch, LLC logo
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Neiman and Kudisch, LLC

Bloomfield, NJ 07003
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Business Description

Neiman and Kudisch, LLC, a firm located in Bloomfield, has professional certified public accountants with more than 60 years of combined industry experience. They specialize in tax preparation and accounting for individual clients, professionals, and companies. Their professionals have extensive experience dealing with a variety of businesses and offering services such as IRS and state audit representation, QuickBooks setup, support and training, payroll reporting, and monthly bookkeeping. They aim to provide personalized service to suit each client's needs.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Nicholas J. Coco Certified Public Accountant logo
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Nicholas J. Coco Certified Public Accountant

752 Kearny Ave, Kearny, NJ 07032
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  • Preparation & Planning

Business Description

Nicholas J. Coco, Certified Public Accountant, is a firm that serves clients in Newark and the surrounding areas. It provides tax services, which include tax planning and filing for individual and corporate taxes. It also offers insights into the changes in tax laws and benefits. Company principal Nicholas Coco specializes in a variety of accounting services, including bookkeeping, consultation, and business financial planning. Its client base includes small and medium-sized businesses.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (2)
Facebook
5.0 / 5 (2)
Yelp
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
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Detail
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Optimum Financial and Tax Services, Inc. logo
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Optimum Financial and Tax Services, Inc.

500 Rahway Avenue, Elizabeth, NJ 07202
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  • Preparation & Planning

Business Description

Located in Elizabeth, Optimum Financial and Tax Services, Inc., caters to clients in Newark. It performs tax preparation services and recommends potential deductions to help individuals and businesses decrease their tax liabilities. The firm also works to resolve various issues involving the IRS, including wage garnishment and audit representation. Other solutions include accounting, bookkeeping, and payroll management. Yvan Maxi, the firm's founder and president, is an IRS Enrolled Agent. He serves as a member of the American Society of Tax Problem Solvers.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.4

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Detail
Pereira & Azevedo, LLC logo
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Pereira & Azevedo, LLC

52-54 Rome Street, Newark, NJ 07105
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  • Preparation & Planning

Business Description

Pereira & Azevedo, LLC, provides tax services to entrepreneurs and executives in Newark and the surrounding areas. The full-service firm assists clients by offering a range of services, from tax return preparation to IRS and state audit representation. Its staff files personal income tax returns, drafts a full year of bookkeeping, and prepares a Schedule C for small business owners who have not yet mastered keeping financial records. In addition, they formulate strategies for reducing their clients' tax liabilities.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.0 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Taxfile logo
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Taxfile

39 Ferry St. 3rd Floor, Newark, NJ 07105
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  • Preparation & Planning

Business Description

Taxfile works with residents of Newark who need to file their internal revenue returns. Its team prepares the necessary forms and books of account for individuals and commercial entities. It implements multiple error-checking systems to minimize the odds of erroneous entries and to maximize exemptions and exclusions. The firm also works on refund claims and tracks an enterprise's purchases and income to strategize for future growth and expansion. Taxfile employs bilingual staff to transact business with Spanish-speaking clients.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
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Detail
Taxko logo
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Taxko

1733 Springfield Ave, Maplewood, NJ 07040
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  • Preparation & Planning

Business Description

Taxko serves residents of Newark who need to file their revenue returns. The team counsels individuals, partnerships, and corporations on tax preparation, overseeing tasks like processing the necessary documents and organizing statements of account. It also gives advice on the establishment of new business ventures. Taxko has been operating for over 20 years. Managing partner Carlos F. Fraser is an enrolled agent who entered the accounting industry in 1996. His previous jobs include a stint at the payroll tax department of Polo Ralph Lauren.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Ultimate Financial Services logo
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Ultimate Financial Services

76 S. Orange Avenue, Suite 206, South Orange, NJ 07079
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Business Description

Ultimate Financial Services assists individuals and businesses in and around the Newark area. It offers tax preparation and filing services for independent professionals, non-profits, partnerships, corporations, and small businesses. Its team also represents businesses in IRS audits and extends its services to clients seeking assistance in forming a new partnership, corporation, or nonprofit. Additionally, Ultimate Financial Services addresses clients' bookkeeping needs, covering monthly bank reconciliations and balance sheet generation. The firm has over two decades of experience.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.9 / 5 (18)
Facebook
5.0 / 5 (10)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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USD Financial & Tax Services, Inc. logo
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USD Financial & Tax Services, Inc.

Elizabeth, NJ 07208
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Business Description

USD Financial & Tax Services, Inc., located in Elizabeth, aims to provide year-round assistance and accurate services to every client. The firm specializes in personal tax and small business services and offers unlimited support on any tax questions. Its tax experts ensure that the clients receive all the deductions they deserve; they ensure this by accurately combining bookkeeping with annual tax preparation. In addition, they handle the preparation of all federal and state tax returns e-files for a flat-rate fee.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (7)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Zoom Financial Tax Service logo
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Zoom Financial Tax Service

South Orange, NJ 07079
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  • Consulting

Business Description

Zoom Financial Tax Service is a virtual provider that has been serving Newark and its surrounding communities for more than 20 years. It offers personal and business tax preparation and filing services involving different tax forms, such as itemized, self-employed, homeowners, dependents, and joint returns. The taxes are filed by dropping them off at a designated location, through remote procedures using video technology, or uploading them in a secure dropbox. The firm's tax expert, Stacey Bailey, handles state and federal tax returns.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Back to Providers

Frequently Asked Questions

Introduction

In the early spring of every year, nearly everyone has a decision to make — should you try to file your taxes on your own or hire a tax professional? There are pros and cons to each option. For example, hiring someone to do your taxes isn't free, but it will ensure that you can take advantage of everything at your disposal when filing your tax returns.


Ultimately, the decision about whether to hire a tax professional will come down to factors such as the complexity of your tax situation and whether you'll be able to file them on your own.

When can I file my taxes?

You can file your tax returns between getting access to your annual income information and Tax Day. In most years, federal Tax Day occurs on April 15, but in 2020 and 2021, tax deadlines were delayed because of COVID-19, extending the filing period. 

How much do you have to make to file taxes?

State and local minimums to file taxes vary concerning where you live. The federal minimums fluctuate depending on your age, filing status, and tax year. For example, if you filed in 2020 as single and under 65 years of age, your income needed to be at least $12,200.

Do I have to file taxes?

If your income over a calendar year exceeds the threshold for your age group and filing status, you must file a federal tax return for that year. State and local rules vary. For example, there are some areas that don't have income tax at all and have different rules for filing taxes.

What happens if you don\'t file taxes?

If you don't file and pay your taxes by the deadline, unpaid taxes will incur interest up to 25% of the unpaid amount. This, in addition to the unpaid amount, will be what you owe the IRS. Different states treat unpaid taxes differently and penalties range from fines to jail time.

How do I file taxes?

Filing taxes involves getting your annual income documents and statements and filling out a tax return, which will tell you the amount you owe for the year. You can choose to fill out your returns yourself and mail them or file online. Or, you can hire a professional to fill out and file the returns for you.

How do I file taxes for free?

There are several services that offer free filing of federal tax returns. The most notable are online services, including IRS.gov and TurboTax. You can also look around for community organizations that offer tax filing for free as a service for community members, including the local library.

Should you pay someone to do your taxes?

If you're concerned about getting everything right and paying the right amount, you may want to hire someone to fill out and file your tax returns for you. You don’t need a tax accountant, but many people prefer not to have to worry about their taxes every year.

What is a tax accountant?

A tax accountant is a professional who receives training in federal, state, and local tax laws, codes, and proceedings. They are qualified to assist individuals in filing their taxes and are usually in a private practice or employed by a professional tax service.

What do tax accountants do?

Tax accounts ensure their clients' tax returns are filled out and filed correctly. They also advise clients on the correct documents to bring to their appointment and make sure they're aware of every credit or deduction available to them based on their specific circumstances.

How much does it cost to have someone do your taxes?

According to Investopedia, the average cost of hiring a tax professional is usually between $146 and $457. If you have complex taxes or your income is higher than average, a tax accountant may charge higher fees because of the extra time and risk involved.

How do I check if taxes were filed?

To see if your federal taxes were filed correctly, you can contact the IRS by phone or by going online — IRS.gov — and viewing your account. If you filed with an online service, check for a confirmation that your returns were accepted. For state and local taxes, contact tax departments where you live.

Can a dependent file taxes?

Technically, a dependent can file. They're only required to file taxes when their annual income is over the tax year's minimum threshold. With this in mind, if someone who is a dependent on another person's return expects to be eligible for a refund, they can, and should, file taxes for the year.

Can a 17 year old file taxes?

A minor can file taxes but isn't required to, outside of a few situations. The most common instance is when their income exceeds the standard deduction for the year. In most cases, the parent is allowed to include this return and income with theirs for the year.

Can you file taxes with no income?

It's legal to file your taxes, even if you didn't earn an income during the tax year. Many people choose to do this because even if you didn't pay any taxes for the year, you can still take advantage of eligible credits, carry over state deductions, and protect against future audits.

How do I file a tax extension?

To file an extension with the IRS, you'll need to fill out Form 4868 and pay any taxes you owe so that you don't have to pay a penalty for unpaid taxes. The extension itself is not penalized — it gives you an extra six months to file your tax paperwork.

How do I file back taxes?

To file your returns for unpaid taxes that you owe, you'll need to gather the forms you would've filed with the old returns and file them. You can still take advantage of any credits and deductions that were active over the years you didn't file if you can show the necessary documents.

Can married couples file taxes separately?

Married couples can choose to file taxes together or separately, but they’re encouraged to file together. The IRS extends several benefits for married couples who file jointly, so this is the most common option of the two.

How do I become a tax accountant?

To become a tax accountant, you need to receive a traditional bachelor's degree in accounting and training — either as part of your education or separately — in your local, state, and federal tax codes. Many tax professionals receive post-graduate certifications, such as the CPA, although this isn't required.

How much do tax accountants make?

The annual earnings of tax accounts and preparers varies widely based on their level of experience and employer. According to Forbes, the average earnings for an accountant can reach $95,000 in some states, while tax preparers usually earn less.

Do tax accountants need to be CPAs?

Tax accountants are not required to be CPAs but many are. This is because accountants who are also CPAs are often looked at as being more credible and qualified if they're in private practice. It also qualifies them for more responsibilities as they move up in their careers.

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