Ask any New York City business owner, and they’ll tell you that doing business in the Big Apple can be cutthroat, brutal, and exhausting. Extreme competition, blistering operational costs, and hair-raising taxes are just a few financial barriers to success. That’s where the best accounting companies in New York City can tip the scales in your favor. If you’re feeling the financial strain of conducting business in the City, we urge you to read further about how these top accounting firms in NYC can put you back on top of your business financial game.

Why Hiring an Accounting Company in NYC Just Makes Good “Cents”

An old saying goes, “If I had known better, I would have done better,” and many business owners in NYC can completely relate to that sentiment. If you’ve been an owner-operator for any time, odds are you’ve reflected upon past situations in your business dealings only to discover that better financial choices could have been made.  

Thankfully, there are professional accountants in NYC who already know better, and they can help you operate your business finances better so you don’t have to endure the pain of hard knocks before making improved decisions for your business’s bottom line. To further hammer this point home, here are some valid reasons business owners in New York City should consider partnering with a competent accounting firm.

Life is Too Short

If you’re already a masterful money-maker, then keep reading. However, if over 40% of US business owners loathe handling bookkeeping chores for your business, an accounting firm can help you unburden that money monkey from your back. If you’re honest with yourself, you might admit that hunching over your financial reports was not something you bargained for when starting your business. That’s why hiring an accounting expert is essential – it frees you to do what you love – grow your business instead of slaving over accounting minutia.

You Need a Money Advocate

Navigating money matters in NYC is often akin to trudging through an endless jungle of legal weeds, red tape, and painful pitfalls. Not only are business owners on the hook for state taxes, but city and county taxes, permits, fees, and escalating business costs can be overwhelming, if not downright crushing. A crackerjack accountant can help you manage taxes, help with budget planning, and reestablish a solid financial foundation so that the expense of doing business in NYC doesn’t threaten the longevity of your business. Moreover, a competent accounting company in New York City can also keep you compliant with City and state tax regulations.

Keep Your Business Doors Open

Even if you’re acing all aspects of doing business in NYC, there’s no guarantee you’ll stay on top. One bad investment or seemingly innocent financial decision can unravel all your hard work and lead to calamity for your business. That doesn’t have to be the case if you have an accounting firm in your corner. Financial consulting and advisory services can make all the difference in your business’s long-term success.

Here’s How These Top Accounting Companies in NYC Can “Show You the Money”

You don’t have to be Jerry Maguire to understand that making money (and managing it) is crucial to staying solvent and keeping your business running smoothly. But if business money matters have you stymied, what can you do? You can start by perusing these best accounting firms in New York City because these experts can help you get rolling on a well-managed money train.

TGG Accounting

Our top pick for accounting experts is TGG Accounting. While not located in New York, they don’t need to be. TGG handles financial and accounting services for small to mid-size businesses nationwide in NYC and other cities. They offer concierge financial assistance, including superior outsourced accounting services, financial consulting, operational reporting, cash flow forecasting, and more. When you partner with TGG, you can expect to be assigned to a 4-person team of senior accounting professionals devoted to your business matters.

Furthermore, this premier accounting company has a proven track record of helping their clients 1) Reduce financial risk, 2) Avoid audits by establishing impeccable accuracy, and 3) Increase your business profitability. TGG even offers exit plan services if you want to get the maximum return if you are trying to sell your business for its highest valuation. But TGG doesn’t stop there because it provides clients with a dizzying array of resources, tools, and masterclasses on money management that are simply invaluable for business owners in NYC. With 16+ years in the industry, TGG Accounting is a fierce contender and a worthy ally for any business needing financial solvency.

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Miller & Company, LLC

This tax accounting firm provides 360-degree financial services in that they specialize in helping businesses and individuals manage their money from start to finish. From helping startup companies in NYC establish a solid financial plan to helping individuals plan for retirement – Miller & Company has a full buffet of accounting services. Over their 25+ years of experience, this accounting firm understands that their clients deserve to have a financial partner that will go the distance. Although they specialize in tax accounting, Miller & Co. also handles business consulting, bookkeeping, financial audits, and more tasks.

Spear CPA CPF

This accounting firm specializes in helping small businesses in NYC with various services, such as bookkeeping, accounting, tax preparation, and tax reduction solutions, among other offerings. Spear CPA also expertly handles financial compliance services, so small businesses are assured their state, City, and federal tax forms are legally sound. This firm also prides itself on helping startups in NYC lay a rock-solid financial foundation designed to ensure long-term success. Since 2004, Spear CPA has been helping New Yorkers grow their business, and it could potentially be the right choice for your business, too.

Accountants on Air

This unique accounting firm pulls from a pool of over 250 certified public accountants who serve cities in all 50 states, including NYC. They are skilled at utilizing cloud accounting platforms for small businesses and individuals, and their services include daily bookkeeping, payroll processing, tax preparation, account reconciliations, and audit preparations. Accountants on Air also offers a client portal that provides their clients with 24/7 support. In addition to business accounting, this firm provides personal financial services such as estate planning. In business since 2014, Accountants on Air has taken a fresh approach to helping businesses and individuals smartly manage their money and assets.

Conclusion

We hope this inside look at accounting companies in NYC has inspired you to get the help you need to put your business’s financial matters on the right track. And while financial firms such as TGG Accounting and others mentioned here are top-notch, we encourage you to do your homework, too. To ensure the best experience, be sure to ask questions, read reviews, and get testimonials from any firm you are considering for your financial needs to make sure they can satisfy your expectations.