Tax filing · New York
Business tax filing in New York, prepared by a team of Certified Accountants, CPAs and Enrolled Agents
Federal returns (1120, 1120-S, 1065, Schedule C) and your New York state return, prepared from New York and Mumbai for a flat fee quoted upfront, from $99.
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- 447 Broadway, 2nd Floor, New York, NY 10013
- Certified Accountants, CPAs and Enrolled Agents
- Flat fees quoted upfront
- Replies within 8 hours
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What New York asks of a business
New York has personal income tax from 4% to 10.9%, corporate income tax from 6.5% to 7.25% and a 4% state sales tax (about 8.54% combined with local rates). An LLC in the state faces a biennial statement of $9, due Biennial, anniversary month. The table below is what we check first on every New York engagement.
| New York at a glance | What applies | Notes |
|---|---|---|
| Personal income tax | Personal income tax from 4% to 10.9% | Graduated brackets (2025 table) |
| Corporate income tax | Corporate income tax from 6.5% to 7.25% | Graduated corporate brackets (2026 table) |
| Sales tax | A 4% state sales tax (about 8.54% combined with local rates) | Combined figure is the population-weighted average with local rates (2026 table) |
| LLC fees | Formation $200; A biennial statement of $9, due Biennial, anniversary month | Plus the newspaper publication requirement within 120 days of formation, and an annual LLC filing fee of $25 to $4,500 based on NY income |
| Corporation fees | Formation $125; Biennial statement 9 (biennial), due Anniversary month, every two years | Corporation franchise tax on the state return; NYC general corporation tax may also apply |
| S-corp election | Separate state treatment | New York State requires a separate election (Form CT-6); New York City does not recognise S-corp status and taxes the entity |
Figures checked 2026-09 against New York State Department of Taxation and Finance and New York Department of State, Division of Corporations. Rates and fees change; we confirm the current numbers for your entity before we quote.
What we prepare for New York businesses
- Form 1120 (C-corporation) and Form 1120-S (S-corporation)
- Form 1065 with Schedule K-1s (partnerships and multi-member LLCs)
- Schedule C with Form 1040 (sole proprietors and single-member LLCs)
- New York state income tax return, filed with the federal return
- Form 5472 with pro forma 1120 for foreign-owned single-member LLCs
- Sales tax registration and returns where New York nexus exists
- 1099-NEC filings and extension requests
- Late and unfiled years, with penalty-relief requests where reasonable cause exists
Things New York owners get wrong
A New York LLC must publish notice of its formation in two newspapers within 120 days, which in New York County can cost more than the formation itself. New York City taxes S-corps and LLCs under its own rules, so city-based owners usually have three returns: federal, state and city.
The federal return is only half the job. New York's personal income tax from 4% to 10.9% reaches pass-through owners through their personal return, and the entity itself faces a biennial statement of $9, due Biennial, anniversary month. New York State requires a separate election (Form CT-6); New York City does not recognise S-corp status and taxes the entity.
Nobody sets out to miss these. They are missed because a seasonal preparer handles the federal return in April and nobody owns the state calendar for the rest of the year. We keep the calendar.
Who we file for in New York
- New York LLCs and S-corps owned by residents
- Foreign-owned New York LLCs (Form 5472 filers)
- E-commerce sellers with New York inventory or customers
- Agencies, consultants and professional practices
- Businesses behind by a year or more
- CPA firms that need white-label preparation capacity
How it works
- Free 30-minute call, or the form on this page.
- Fixed quote in writing, by entity and complexity.
- Secure document upload.
- Draft return for your approval.
- Filed, with confirmation and copies.
Pricing in New York
Business returns from $99, quoted by entity and complexity before any work starts. New York state or entity filings are quoted with the federal return, so there is one number, not a list of add-ons. Late years are priced per year. Catch-up bookkeeping, where needed, is a fixed project quoted after a free review.
We do not write "guaranteed", "maximum refund" or "IRS-approved" anywhere, because no honest preparer can. We prepare returns correctly and keep the confirmations.
New York questions people ask first
Do I need to file a New York state return for my LLC?
Usually yes. New York has personal income tax from 4% to 10.9%, so LLC and S-corp income flows to the owner's New York return, and the entity may have its own filing. We prepare both with the federal return.
When is my New York business return due?
Federal 1120-S and 1065 returns are due March 16, 2026 (September 15 on extension); 1120 and Schedule C returns April 15 (October 15 on extension). New York entity filings run on their own calendar: a biennial statement of $9, due Biennial, anniversary month. We track both.
I own a New York LLC but live outside the US. What do I file?
A foreign-owned single-member LLC files Form 5472 attached to a pro forma Form 1120, which cannot be e-filed and carries a $25,000 penalty if missed. We prepare it, fax-file it and keep the transmission report. Multi-member LLCs file Form 1065 with K-1s.
Does New York recognise my federal S-corp election?
Not automatically. New York State requires a separate election (Form CT-6); New York City does not recognise S-corp status and taxes the entity
What if I am behind by a year or more?
We prepare each open year, rebuild the books if needed, and include a written reasonable-cause request for penalty relief where one applies. Penalty relief is the IRS's decision; we prepare the request and do not promise the outcome.
Who prepares and signs my return?
A team of Certified Accountants, CPAs and Enrolled Agents working from New York and Mumbai. A US-credentialed preparer reviews and signs. Replies within 8 hours, one point of contact.
Ready for a fixed quote in New York?
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