How much do your accounting and tax services cost?

Fees depend on the complexity of your situation. Individual tax returns typically start at $250, small business returns start at $800, and monthly bookkeeping packages start at $350/month. We always start with a free consultation and provide a clear quote before beginning any work.

How does the 2025 One Big Beautiful Bill Act affect my taxes?

The OBBBA is the most significant federal tax reform in nearly a decade. Key changes for Long Island residents include an expanded SALT deduction cap, higher standard deductions, updated child tax credits, and revised pass-through deduction rules for business owners. We recommend scheduling a consultation to understand your specific impact.

What documents do I need for my tax return?

Generally you will need: W-2s or 1099s, investment statements, mortgage interest statements (Form 1098), property tax records, business income and expense records, your prior year tax return, and any IRS or state correspondence. We send all clients a personalized document checklist each January.

Do you work with clients outside Long Island?

Yes. We work with clients across New York State and handle multi-state returns for clients anywhere in the country. Most interactions happen via our secure online portal, phone, and video call.

My books are a mess. Where do we start?

We start at the beginning and without judgment. We'll do a full cleanup of your historical transactions, reconcile your accounts, and set up a clean system going forward. Most clients are surprised by how quickly we bring order to what felt like chaos.

Self employed tax filing Spanish New York

Self Employed Tax Filing Spanish New York for Freelancers & Business Owners

Self-employment provides you with more control over your work and income, but it’s also associated with tax obligations that are typically handled by employers. Self Employed Tax Filing Spanish New York is particularly crucial for freelance workers, independent contractors, consultants and small business owners who must monitor income, expenses, estimated payments and relevant federal and New York tax mandates.

Having someone who can help you understand the process clearly in Spanish can make tax preparation a lot easier for Spanish-speaking taxpayers.

Aldo Cotrina provides clients with customized tax and accounting advice based on their unique financial situations. Aldo Cotrina has over 25 years of experience assisting individuals and business owners with their tax preparation, accounting, payroll and financial needs by providing practical and understandable advice.

What Is Self-Employed Tax Filing in New York?

Self employed tax filing Spanish New York involves filling and submitting tax returns for people who might not be in the standard work environment.

This can include:

Self-employed people do not typically have an employer deducting taxes from each paycheck. Their duties involve making sure that they report their income correctly, determine eligible business expenses, and know if they need to make estimated tax payments.

This information can be organized and explained by Aldo Cotrina, and he can help you understand how your business activity impacts your tax return.

What Does a Self-Employed Income Tax Return Include?

A self-employed income tax return is more than simply reporting the payments you received during the year. Business Income, Business Expenses, Self-Employment Tax, Estimated Tax Payments and other Personal Tax Situations may apply. Depending on the situation, you might need information like:

1099 forms and other income records
Business receipts or business invoices
Bank and payment-platform statements
Keep mileage and vehicle records.
Business supplies and equipment expenses
Professional service costs
Previous tax returns
Estimated tax payment records

You’ll find it much easier to file if you have good records all year. Aldo Cotrina is a pragmatic tax preparer who examines your finances and ensures that all relevant details are taken into account before you file.

Self Employed Tax Filing Spanish New York: What Taxes Should You Expect?

One of the most important issues with being an independent worker is knowing how much you might be liable for. The total taxable amount that you owe is based on your business profit, filing status, deductions, credits, etc. and on other tax rules. Self-employed individuals may also have self-employment tax, which generally covers Social Security and Medicare taxes.

Another factor to consider is estimated tax payments as taxes may not be withheld from freelance or business payments during the course of the year. When looking for self employed tax filing Spanish NY, professional advice can be crucial to making these duties comprehensible without needing to understand calcifying tax jargon. Aldo Cotrina can take a look at your income and financial records, discuss what you may be obligated to pay, and assist you in filing your taxes with a better understanding of your numbers.

Spanish-Speaking Tax Support for New York Self-Employed Filers

Important financial details can be even more complex when they’re being discussed in terms that are not familiar. A Spanish Speaking Tax Preparer New York can help Spanish speaking clients to voice their income, costs, business activities, fears, and more. Aldo Cotrina offers Spanish language tax and financial services for those who want to communicate in Spanish. The aim is not just to translate terms of a tax, but to make the entire tax process easier to understand.

Clients can discuss questions such as:

How to report freelance income?
What costs could be relevant for my business?
Do I need estimated tax payments?
How does self-employment tax work?
Which records need to be preserved?
What should I do if I receive a tax notice?

For individuals looking for a Spanish speaking tax accountant NYC, clear communication can be an important part of choosing the right professional.

Why Choose Aldo Cotrina for Self-Employed Tax Services?

When selecting a tax professional, it is a significant financial decision. Self-employed clients may require more than just filling out a form. They require someone who grasps how taxes, business finances, accounting and long-term planning work together.

The practice provides support with:

Individual and business tax preparation
Accounting and bookkeeping
Payroll services
IRS-related assistance
Financial analysis
Business consulting
Tax planning and financial guidance

This expanded suite of services enables the client to satisfy a number of monetary needs from a single service provider.

Aldo Cotrina is also available for consultation to get the facts of a client’s situation before deciding on the services to be rendered. It is particularly helpful for anyone who runs their own business or freelancers, and whose financial requirements fluctuate annually.

Get Professional Help With Your New York Tax Return

There are more decisions to be made on a self-employment tax filing than on a regular employee tax filing. Many different sources of income, including 1099 forms, business expenses, estimated payments and New York tax requirements can impact the overall filing.

Aldo Cotrina is a tax preparation and accounting professional that can help business owners, freelancers and individuals get expert advice based on their unique situation. In addition, Spanish-speaking clients can also get help in Spanish, which will make it simpler to ask questions and understand information regarding their return.

When filing a tax return with self-employed income, 1099 income, or continued tax planning, professional assistance can help you to tackle the process with more clarity. Discuss your tax situation with Aldo Cotrina and how professional tax and accounting support can help you stay organized and prepared.

FAQ’s

Who needs self-employed tax preparation in New York?

Self-employed tax preparation in New York may be necessary for freelancers, independent contractors, consultants, sole proprietors, gig workers, and other individuals who work for themselves.

How is self-employment tax calculated?

The self-employment tax is typically levied on net earnings from self-employment, and contributes toward Social Security and Medicare taxes. The amount that you are liable for is dependent on your income and tax situation.

Do I need to file taxes if I receive a 1099?

Receiving a 1099 does not automatically determine whether you must file a tax return. Filing requirements are based on your overall income, filing status and other factors. You can get a tax expert to look into the situation.

What expenses can a self-employed person deduct?

Depending on your circumstances, eligible business expenses may include certain supplies, professional services, software, business-related travel, and other ordinary and necessary business costs. Proper records and documentation are important.

Do self-employed individuals in New York need to make estimated tax payments?

They may. Since taxes are generally not withheld from freelance or business payments, some self-employed taxpayers may need to make estimated payments during the year. The need is based on the specific individual’s situation.