Offices / Lower Manhattan
A CPA firm in Lower Manhattan.
Freedman CPA’s New York office sits at 45 Broadway in the Financial District, a few minutes from Bowling Green, Wall Street, and the Battery. From here the firm handles accounting, payroll, tax planning and preparation, IRS and New York State representation, and advisory work for businesses, individuals, trusts, estates, and not-for-profits across the five boroughs and the surrounding region.
From this office
What the New York office handles
Accounting, bookkeeping, and monthly reporting
Reconciled books and a monthly read on where the business stands, kept current enough to act on rather than reconstructed at year end. Cleanup work on neglected or inherited records is a common starting point. See accounting and bookkeeping.
Payroll for New York and multi-state employers
Payroll runs, withholding, and filings handled as one process, including New York State withholding, the Metropolitan Commuter Transportation Mobility Tax for employers in the MCTD, paid family leave, and out-of-state registrations when staff work remotely from other states. See payroll services.
Business and individual tax, planned across the year
Federal, New York State, and New York City returns prepared together, with planning that happens before the year closes rather than after. Entity choice, owner compensation, estimated payments, and the pass-through entity tax election are the recurring subjects. See tax planning and preparation.
IRS and New York State representation
Notices, examinations, collection matters, unfiled returns, and New York residency audits, handled from the first letter through resolution. See tax problem resolution.
International reporting for New York filers
Foreign accounts, foreign-owned U.S. entities, nonresident filings, and treaty positions come up constantly in a market this international. See international tax services.
Trusts, estates, and not-for-profits
Fiduciary income tax returns, estate and trust accounting, and Form 990 work for organizations based in the city. See trusts and estates and not-for-profits.
State and city context
The New York tax picture, in brief
New York City does not recognize the federal S election
An S corporation that is a pass-through for federal and New York State purposes is still taxed at the entity level by New York City under the General Corporation Tax. That single fact changes the arithmetic on entity choice for anyone operating in the five boroughs. See S corporation versus LLC in New York and Florida.
Residency is decided on two independent tests
New York can treat you as a resident either because you are domiciled here or because you kept a permanent place of abode and spent more than 183 days in the state. The second test catches people who believe they have already moved. See New York residency audits and the 183-day test.
Commercial Rent Tax below 96th Street
Tenants in Manhattan south of 96th Street who pay annualized base rent at or above the statutory threshold owe New York City Commercial Rent Tax, and a small-business credit phases out just above it. Many tenants do not learn about the filing until the City asks. See New York City Commercial Rent Tax.
Unincorporated Business Tax
Partnerships, LLCs taxed as partnerships, and sole proprietors carrying on business in the city face the Unincorporated Business Tax, with a credit available against the City personal income tax for individuals. It is a separate return with its own estimated payments.
The pass-through entity tax election
New York State and New York City both offer elective pass-through entity taxes that let an entity deduct state and local tax at the entity level. The election is annual, the deadline is early in the year, and missing it cannot be fixed later.
Figures and thresholds behind these rules change. The structure above is stable; confirm current-year amounts with the New York State Department of Taxation and Finance and the New York City Department of Finance, or ask the firm.
Getting here
Directions to 45 Broadway
By subway
45 Broadway is one of the best-connected addresses in the city. The closest stations are Rector Street on the 1 and Rector Street on the R and W, each about a block away. Bowling Green on the 4 and 5 is two blocks south. Wall Street on the 2 and 3 and Broad Street on the J and Z are a short walk north and east, and Whitehall Street-South Ferry on the R and W sits at the foot of Broadway. The Fulton Center complex, which gathers the A, C, J, Z, 2, 3, 4, and 5, is roughly ten minutes north.
By PATH, ferry, and bus
PATH trains from New Jersey arrive at the World Trade Center, about a ten-minute walk. The Staten Island Ferry terminal at Whitehall and the NYC Ferry and commuter routes at Pier 11 on Wall Street are both close by. Several M and X bus routes run along Broadway and Water Street.
By car
The Brooklyn-Battery Tunnel, the FDR Drive, and the West Side Highway all feed the neighborhood. Street parking in the Financial District is impractical during business hours; use one of the commercial garages nearby and allow extra time.
Visit details
Before you come
Visits are by appointment, so call or request a consultation first and we will confirm a time. Building access in this part of Lower Manhattan generally requires photo identification at the lobby desk.
New York, NY 10006
Office visits by appointment. Please do not send mail here.
8958 W State Rd 84, PMB #314
Davie, FL 33324
All correspondence to this address only.
Coverage
Who the New York office serves
Most clients of this office are within an hour of it: owner-operated businesses and professional practices in Manhattan, Brooklyn, Queens, the Bronx, and Staten Island; individuals and families with New York filing obligations; and organizations in Westchester, on Long Island, and across the river in northern New Jersey. Neighborhood proximity helps for in-person meetings, but nothing about an engagement depends on it.
- Financial District, Tribeca, SoHo, and Battery Park City
- Midtown, the Flatiron district, and Upper Manhattan
- Brooklyn, Queens, the Bronx, and Staten Island
- Westchester, Long Island, and northern New Jersey
- Former New York residents who now file as nonresidents
Nearby topics
Common New York questions
- New York residency auditsThe 183-day test and what auditors actually look at
- Moving from New York to FloridaChanging domicile without leaving a New York tail
- NYC Commercial Rent TaxWho owes it, and the credit just above the threshold
- The New York estate tax cliffWhy a small overage can cost the whole exclusion
Questions
New York office questions
Where exactly is the New York office?
The office is at 45 Broadway, Suite 1650, New York, NY 10006, in the Financial District between Exchange Alley and Morris Street, a short walk from Bowling Green and Rector Street. Visits are by appointment.
Can I drop off or mail documents to the New York office?
No. Neither office receives mail. Send all correspondence to Freedman CPA, P.C., 8958 W State Rd 84, PMB #314, Davie, FL 33324, or upload documents through the secure client portal, which is the right channel for anything sensitive.
Do you handle New York City taxes as well as New York State?
Yes. New York City runs its own taxes on top of the state: the City personal income tax, the Unincorporated Business Tax on partnerships and sole proprietors, the General Corporation Tax that still applies to S corporations because the City does not recognize the federal S election, and the Commercial Rent Tax for tenants below 96th Street. Those are handled as part of the same engagement, not as an add-on.
I live in New York but my business is elsewhere. Is that a problem?
No, and it is common. Multi-state work is routine: apportionment, nexus, credits for taxes paid to other states, and residency questions when someone lives in one state and earns in another. The firm’s second office is in Florida, so the New York to Florida pattern in particular is well-worn ground.
Do you represent clients before the IRS and New York State?
Yes. That includes IRS notices and examinations and New York State Department of Taxation and Finance matters, including residency audits. See tax problem resolution for how those engagements work.
Meet at 45 Broadway.
Tell us what you are working on and we will confirm whether an in-person meeting is the right start, or whether a call gets you further faster.