About Us

At Tax Power, we provide a holistic approach to your finances. We understand that for many entrepreneurs and professionals, personal and business taxes are deeply interconnected, requiring a unified strategy.

How we support your complete financial profile:

• Individual Tax Preparation: We handle everything from simple 1040 filings to complex personal returns involving investments, rental properties, and multi-state income.
• Business Tax & Compliance: From S-Corps and LLCs to C-Corps and Partnerships, we ensure your business meets all IRS and New York State filing requirements on time.
• Integrated Tax Planning: Our CPAs coordinate your business and personal filings to minimize your overall tax liability and protect your total wealth.
• Expert Representation: Whether it's a personal audit or a business inquiry, our team provides professional representation before the IRS and state authorities.

Experience the convenience of having one trusted partner for every aspect of your tax life. Let Tax Power simplify your financial future today.

Many business owners leave thousands of dollars on the table simply because they aren't aware of the full scope of the IRS tax code. At Tax Power, our mission is to identify every legal deduction to maximize your cash flow and keep your money in your pocket.

Under-utilized deductions we often find for our clients:

• Home Office & Hybrid Work: If you use a dedicated space exclusively for business, you can deduct a portion of your rent/mortgage, utilities, and even home repairs based on square footage.
• Enhanced Section 179 Expensing: For 2026, the IRS allows you to immediately expense up to $2.56 million of qualifying equipment and software purchases, providing massive year-one tax relief.
• 100% Bonus Depreciation: Take advantage of permanently reinstated provisions to deduct the full cost of new or used business assets like machinery and furniture in the year they are put into service.
• Startup & Professional Costs: New businesses can often deduct up to $5,000 in startup expenses. Additionally, professional development, certifications, and industry publications are fully deductible.
• Vehicle & Mileage: With the 2026 standard mileage rate now at 70 cents per mile, small supply runs and client meetings add up to significant annual savings.

Stop guessing and start saving. Let the experts at Tax Power review your records to ensure you are capturing every possible deduction allowed by the latest tax laws.

At Tax Power, a CPA does more than just track expenses—they provide the high-level oversight necessary to protect your business and optimize your tax position.

Our CPA-led bookkeeping ensures:

• Tax-Ready Financial Records: We categorize every transaction with the final tax return in mind, ensuring you never miss a deduction.
• IRS & State Compliance: Our experts guarantee that your books meet the strict standards required by New York and federal authorities to minimize audit risks.
• Proactive Tax Planning: By maintaining accurate books year-round, our CPAs can identify tax-saving opportunities before the year ends.
• Financial Integrity: We provide professional reconciliation that gives you a clear, honest picture of your company’s financial health.

Ensure your business is built on a solid foundation. Let our experts handle the numbers so you can focus on your growth.

While small business owners can manage basic bookkeeping initially, as your business grows, the complexity of IRS regulations and New York tax codes often leads to costly mistakes when handled alone.

Why partnering with Tax Power is a strategic investment over DIY:

• Prevent Costly Errors: Simple mistakes in categorization can lead to overpaying taxes or triggering an IRS audit. We ensure 100% accuracy from day one.
• In-Depth Tax Knowledge: Unlike standard software, our CPAs understand the nuances of the New York tax system, finding credits and incentives a DIY approach will miss.
• Business Scalability: Your time is worth more than hours of data entry. We provide the financial clarity you need to make big-picture decisions while we handle the backend.
• Year-Round Support: We don't just show up at tax time. Our team provides ongoing oversight to ensure your business remains compliant and profitable throughout the year.

Don't risk your financial future on a "do-it-yourself" approach. Let Tax Power provide the professional security your business deserves.

While some businesses wait until tax season, Tax Power recommends a proactive approach. Regular updates are essential for maintaining IRS compliance and making informed business decisions in real-time.

The benefits of maintaining a frequent bookkeeping schedule:

• Monthly Reconciliations: We recommend updating your books at least once a month. This allows our CPAs to catch errors early, track cash flow, and ensure your New York business stays on budget.
• Quarterly Tax Reviews: Frequent updates allow us to calculate accurate quarterly estimated tax payments, preventing expensive underpayment penalties from the IRS.
• Real-Time Financial Clarity: By keeping records current, you always have an accurate Profit & Loss statement ready for bank loans, investors, or strategic scaling.
• Stress-Free Tax Season: When your books are updated throughout the year, "Tax Season" becomes a simple final review rather than a stressful scramble for lost receipts.

Don't wait for year-end to understand your finances. Let Tax Power keep your books accurate and tax-ready every single month.

While many people use these terms interchangeably, they represent two very different financial strategies. At Tax Power, we provide both to ensure you are not only compliant with the law but also keeping as much of your hard-earned money as possible.

Why you need both for your business:

• Preparation keeps you out of trouble with the IRS and the New York Department of Taxation.
• Planning allows you to take advantage of new 2026 laws, like 100% bonus depreciation and the Qualified Business Income (QBI) deduction.
• Without a plan, tax preparation is simply "damage control." With a plan, you are in the driver's seat of your financial future.

Don't just file your taxes—strategize them. Partner with Tax Power to transition from reactive filing to proactive wealth building.