What we do in the Bronx
We handle personal returns, small business tax and bookkeeping, payroll, and property tax questions for clients across the Bronx.
The essentials
No commercial rent tax
Commercial rent tax stops at 96th Street in Manhattan. If you rent commercial space in the Bronx, you do not pay it and you do not file for it.
Co-op / condo abatement
Co-op and condo owners can lose the 467-a abatement without ever being told, because the board files for it, not you.
Class 1 caps
Most Bronx homes are Class 1, where assessment increase caps matter more than the headline rate.
When and where
Evenings and weekends, in person or remote, and we work with clients in all 50 states.
Who we are
A CPA firm rooted in the borough
We work with Bronx clients across the borough: families filing personal returns, owners of storefronts and service businesses, contractors, medical and professional practices, landlords, and co-op and condo owners. Some of it is the same work we do anywhere in New York. Some of it is not, and the parts specific to the borough are what you hire a Bronx CPA for, because a generic NYC tax page will skip them.
01Bronx tax rules
Bronx tax rules that change what you actually owe
Commercial rent tax stops at 96th Street
If you rent commercial space in the Bronx, you do not pay it and you do not file for it.
Co-op and condo abatement: the board files, not the owner
It is the single most common thing we find missing on a Bronx return review: an owner buys, never tells the managing agent the unit is a primary residence, and pays the unabated bill for years.
Class 1 homes: the caps matter more than the rate
Most Bronx homes are Class 1, where assessment increase caps matter more than the headline rate.
Not a separate tax
There is no separate Bronx income tax
There is no Bronx income tax. New York City resident income tax is charged at the same rates whether you live in Riverdale or in Tribeca, and living in the Bronx does not reduce it. What does change your position is residency, which is a question of where you actually live rather than where you are registered. The current rates are in our NYC income tax guide.
02Who we work with
Who we work with in the Bronx
Food, produce and logistics businesses around Hunts Point
Inventory and cost of goods, multi state sales, driver and warehouse payroll, and equipment depreciation.
Retail and service businesses on Fordham Road and the Grand Concourse
Sales tax registration and filing, entity choice, and the bookkeeping that has to be clean before any of it works.
Co-op and condo owners in Riverdale and Parkchester
Abatement eligibility, primary residence status, and the tax treatment of a sale.
Medical, dental and professional practices in Morris Park and Pelham Bay
S corporation elections, reasonable compensation, retirement plan choice, and payroll.
Contractors and family businesses in Throgs Neck and Country Club
Vehicle and equipment write offs, subcontractor 1099 reporting, and quarterly estimates.
Landlords and small building owners across the borough
Depreciation, repairs against improvements, and the paperwork behind a property tax position.
03Bronx CPA services
Bronx CPA services for individuals and businesses
Individual tax returns
Personal filing and planning, including multi state and prior year returns.
Small business and entity tax
LLC and corporate and partnership returns, S corporation elections, and entity choice.
Bookkeeping and payroll
Monthly bookkeeping, payroll processing, and quarterly filings including NYS-45.
Audit and attestation
Reviews, compilations and audit support where a lender, landlord or licensing body asks for them.
Estate and trust
Estate and trust returns, and the basis work that follows an inherited Bronx property.
IRS and New York notices
What your IRS letter means, plus representation when it needs more than a reply.
04Neighborhoods
Bronx neighborhoods we serve
Serving every neighborhood across the borough.
- Riverdale
- Fordham
- Morris Park
- Pelham Bay
- Throgs Neck
- Country Club
- Hunts Point
- Parkchester
- Grand Concourse
05About the firm
About George Dimov, CPA
George Dimov is a licensed CPA and the principal of the firm. He holds a Master’s in Accountancy from Baruch College, City University of New York, and has spent his career on individual and business tax in New York City, with work spanning real estate, retail, technology, healthcare and professional services. The firm prepares federal and state returns for clients in all 50 states, and the team includes CPAs and Enrolled Agents rather than seasonal preparers. More on his background is on the about page.
12+ years
serving NYC
150,000+
returns filed
5 star
Google and Yelp
Open
evenings and weekends
From the record
On availability and on the everyday work
“Many clients do have Sundays and Saturdays where they would at least like to do some planning. Many traditional offices are closed. We stay open.”
George Dimov, CPA
“I own a small business and do other freelance on the side and Jurgen on George’s team takes care of me each year to ensure I don’t overpay.”
Jes Perez
Google review
Send us last year’s return
Send us last year’s return
A Bronx accountant reviewing last year’s return usually turns up a missed abatement, a wrong entity choice, or a deduction nobody asked about. Send last year’s return and we will tell you what we would have done differently.
Reviewed by George Dimov, CPA, New York, NY. Serving clients in all 50 states, 15+ years advising New York individuals and businesses on tax, property tax and small business accounting.