Corviniti/Local Services/Bookkeeping Services in the Bronx

Local Services / New York / The Bronx

Bookkeeping Services in the Bronx

Books closed every month, New York City sales tax filed on time, and a year-end package your tax preparer works from directly, at a flat monthly price.

Or email info@corviniti.com

Ro Sokhi, CPA, founder of Corviniti, on bookkeeping services in the Bronx
Ro Sokhi Founder and CEO, Corviniti
In the press
Overview

CPA-led bookkeeping for the Bronx small businesses

Bronx Astor Avenue Office

Corviniti Accounting

1500 Astor Ave 2nd Floor
Bronx, NY 10469

On Astor Avenue, serving businesses across the Bronx.

Hours

  • Monday to Friday8:00 am to 6:00 pm

By appointment. A CPA replies within one business day.

Key takeaways
  • What it is. A CPA-led team keeps your books current every month for the Bronx businesses: transactions categorized, every account reconciled, financial statements delivered on a fixed date, and New York City filings supported.
  • Who it is for. Small businesses across the Bronx that have outgrown do-it-yourself QuickBooks or a part-time bookkeeper: trades, medical and dental practices, restaurants, professional services, e-commerce, and startups.
  • Why a New York firm. Your books feed New York City filings that upstate and national bookkeepers do not touch: 8.875 percent sales tax, the Unincorporated Business Tax, the entity-level tax on S corporations, and the MCTMT. We keep them to that standard.

Corviniti provides bookkeeping, accounting, and tax services to small businesses across the Bronx, from The Hub and the Grand Concourse to Fordham Road, Hunts Point, and Co-op City. The Bronx anchors the region's food distribution and a large healthcare economy, and it files under New York City's tax rules.

The service is monthly and flat-priced: we categorize your transactions, reconcile every bank and credit card account, deliver financial statements on a fixed date, and keep the books ready for New York State and New York City filings. The city adds an 8.875 percent sales tax, the Unincorporated Business Tax on sole proprietors and partnerships, and an entity-level tax on S corporations, and the books have to carry the detail each needs.

Corviniti keeps books, plans tax, and files returns for the Bronx businesses under one roof, led by a CPA with Big Four experience. The full New York City tax detail behind this service is on our New York City bookkeeping page; what it means for the Bronx is below.

How it works

What a proper bookkeeping month looks like

Every month runs the same cadence: transactions categorized, every account reconciled, payroll booked, and financial statements delivered on a fixed date.

Monthly bookkeeping cycle: categorize transactions, reconcile every bank and credit card account, book payroll, deliver financial statements on a fixed date, and send one batched question list.
The monthly close cycle. Illustrative.
New York City sales tax

New York City sales tax at 8.875 percent

The combined rate in the five boroughs is 8.875 percent, the MCTD surcharge is part of it, and a few city rules change the math.

New York City sales tax: Certificate of Authority 20 days before selling, 8.875 percent combined rate of 4 percent state, 4.5 percent city, and 0.375 percent MCTD, quarterly returns due the 20th, the vendor collection credit, and the clothing exemption under 110 dollars.
New York City sales tax essentials. Illustrative and not exhaustive.
City business taxes

The New York City business taxes

New York City taxes businesses on top of the state: the Unincorporated Business Tax, an entity-level tax on S corporations, the city PTET, and the MCTMT.

New York City business taxes: the 4 percent Unincorporated Business Tax on sole proprietors, partnerships, and LLCs, the 8.85 percent city tax on C corporations and on S corporations at the entity level, the NYC pass-through entity tax, the Commercial Rent Tax in Manhattan below 96th Street, and the MCTMT payroll tax.
The New York City business taxes. Current NYC law; illustrative, not tax advice.

This is for you if

  • You are behind on your books and a tax deadline, a lender, or a landlord is asking for financials.
  • You are doing your own QuickBooks at night and no longer trust the numbers it shows you.
  • You collect New York City sales tax and are not certain the returns match the books.
  • You want CPA-level books and a person who answers, without hiring in-house.

What you get

  • Monthly close and financials Profit and loss, balance sheet, and cash flow, reconciled and delivered on the same date every month.
  • New York City filings supported Sales tax filed, and the income detail the Unincorporated Business Tax and city corporation returns need, kept in the books.
  • Cleanup that stays clean Catch-up from bank records to a books-to-bank reconciliation, then a monthly cycle so the backlog never rebuilds.
  • Year-end tax package Statements, schedules, and 1099 detail your preparer files from, or we prepare the returns ourselves.
How We Help

What you get

A CPA-led monthly service for the Bronx businesses, priced flat, with the New York City tax detail handled.

Monthly close and financialsProfit and loss, balance sheet, and cash flow, reconciled and delivered on the same date every month.
New York City filings supportedSales tax filed, and the income detail the Unincorporated Business Tax and city corporation returns need, kept in the books.
Cleanup that stays cleanCatch-up from bank records to a books-to-bank reconciliation, then a monthly cycle so the backlog never rebuilds.
Year-end tax packageStatements, schedules, and 1099 detail your preparer files from, or we prepare the returns ourselves.

When companies bring us in

  • You are behind on your books and a tax deadline, a lender, or a landlord is asking for financials.
  • You are doing your own QuickBooks at night and no longer trust the numbers it shows you.
  • You collect New York City sales tax and are not certain the returns match the books.
  • You want CPA-level books and a person who answers, without hiring in-house.
The Detail

The gaps, and how we close each one

Service 01

The businesses the Bronx depends on

The books and tax work should fit the local economy. Here is what the Bronx's looks like and why it shapes the work.

How we handle it

The Bronx depends on wholesale food distribution and food manufacturing, healthcare and social assistance, construction, transportation and warehousing, and the retail that fills corridors like Fordham Road and The Hub at 149th Street and Third Avenue. The Hunts Point Food Distribution Center, a 329-acre campus whose produce, meat, and fish markets supply a large share of the city's food, is the largest urban wholesale food hub in the country, and Montefiore Medical Center is among the borough's largest employers. Many of these businesses are small distributors, contractors, and practices operating as sole proprietors or partnerships, so the New York City Unincorporated Business Tax and job-level costing are live issues on the books. We keep them in the shape those city filings and that trade need.

Service 02

Monthly bookkeeping and reconciliations

Most small business books fail in two places: transactions categorized wrong, and accounts that never get reconciled. Both compound until a loan application or a tax deadline forces the question.

How we handle it

We run your books on QuickBooks Online or Xero on a monthly cycle: every transaction categorized against a chart of accounts built for your business, every bank, credit card, and loan account reconciled to the statement, and payroll booked correctly, including the employer taxes owners miscount as profit. You get a profit and loss statement, balance sheet, and cash flow summary on the same date every month, with a short note on what moved, and one batched question list rather than a drip of emails.

Behind on the books, or unsure a New York City filing is right? Talk to a CPA before the next deadline, not after it.

Talk to an Expert
Service 03

New York City sales tax at 8.875 percent

Sales tax is where New York City businesses get hurt: the combined rate is 8.875 percent, the money collected is the state's, and businesses that treat it as revenue find out at filing time with penalties attached.

How we handle it

We set the books so sales tax posts to a liability, not income, and reconcile that liability to what the returns remit. The 8.875 percent rate is the state's 4 percent, the city's 4.5 percent, and the 0.375 percent MCTD surcharge that applies across the five boroughs, with clothing and footwear under 110 dollars fully exempt. We prepare and file the quarterly returns and keep the certificates that support every nontaxed sale.

Our New York City bookkeeping page covers the New York City rules in depth.

Service 04

The city business taxes your books feed

New York City taxes businesses on top of the state, and the city taxes catch owners who assume their federal or state setup carries over.

How we handle it

The city taxes that touch a small business: the 4 percent Unincorporated Business Tax on sole proprietors, partnerships, and LLCs; an 8.85 percent entity-level tax on S corporations, because the city does not recognize the S election; and the MCTMT payroll tax that five-borough employers owe once quarterly payroll expense passes 312,500 dollars. We keep the income, payroll, and owner-draw detail each filing needs already in the books, and flag the ones that apply to your structure.

Service 05

The Bronx and New York City resources for owners

The registrations and filings the Bronx owners ask about most are spread across city and county offices, each with its own rules.

How we handle it

The offices a Bronx owner actually uses: the Bronx County Clerk at 851 Grand Concourse for assumed-name (DBA) certificates for sole proprietors and partnerships; the New York City Department of Finance for the Unincorporated Business Tax and the city corporation taxes; NYC Small Business Services for licensing and financing help; the Bronx Chamber of Commerce; and development groups like the Bronx Overall Economic Development Corporation and SoBRO for free small-business services. If a filing is blocking you, ask us.

FAQ

Frequently asked questions

Do you do bookkeeping for contractors and the trades?

Yes, we work with contractors, electricians, plumbers, HVAC companies, and general construction regularly, including job costing, work in progress, and the New York capital-improvement sales tax rules the trades get audited on. We work with the field service and job management platforms these businesses use, including Jobber, ServiceTitan, Housecall Pro, and Buildertrend, and bring that activity into your QuickBooks Online books so job profit and payments reconcile every month.

Do you work with medical, dental, and therapy practices?

Yes, we work with dental offices, medical practices, and therapy and counseling groups regularly, including reconciling insurance deposits net of adjustments and clawbacks back to billed production and keeping provider compensation splits clean. We work with the practice management systems these offices use, including Dentrix, Eaglesoft, athenahealth, and Tebra, and bring that activity into your QuickBooks Online books so collections and payer deposits reconcile to what the providers actually billed.

Do you do bookkeeping for restaurants and cafes?

Yes, we work with restaurants, cafes, bars, and food trucks regularly, including merchant deposits net of processor fees, tips run through payroll, and prepared food taxed at the full rate. We work with the point of sale systems these businesses use, including Toast, Square, and Clover, and bring that activity into your QuickBooks Online books so daily sales tie back to the register and the sales tax return is right.

Do you do bookkeeping for e-commerce and retail businesses?

Yes, we work with online sellers, Shopify stores, and brick-and-mortar retailers regularly, including separating marketplace-collected sales tax from your direct sales and tracking nexus as you sell into other states. We work with the sales and payment platforms these businesses use, including Shopify, Amazon, Stripe, and Square, and bring that activity into your QuickBooks Online books so each channel's revenue, processor fees, and sales tax are recorded correctly.

Do you work with law firms and professional services?

Yes, we work with law firms, consultants, engineers, and agencies regularly, including unbilled work in progress, retainers, and the strict separation of attorney trust and IOLTA funds from operating cash. We work with the practice and billing platforms these firms use, including Clio, MyCase, and LawPay, and bring that activity into your QuickBooks Online books so trust balances, billings, and collections reconcile every month.

Do you do bookkeeping for real estate and property management?

Yes, we work with landlords, real estate investors, and property managers regularly, including a separate profit and loss per property, security deposits held apart from income, and depreciation schedules kept current. We work with the property management platforms these businesses use, including AppFolio, Buildium, and Yardi, and bring that activity into your QuickBooks Online books so each property's income, expenses, and owner draws stay clean.

Do you work with businesses across all of the Bronx?

Yes, from The Hub and the Grand Concourse to Fordham Road, Hunts Point, and Co-op City, including the food distributors and the healthcare and construction businesses the borough is built on. The work is done remotely on QuickBooks Online or Xero, so the neighborhood does not change the service. What matters is that your books are kept to New York City's tax rules.

Sources & authorities

Primary sources for this page

This page summarizes New York State and New York City tax rules for general information, and is not tax advice for your situation. Rates and thresholds change; confirm the current figures with the authority before you rely on them.

Contact Us

Contact Us to Learn More

Call: (347) 472-1115
Email: info@corviniti.com

The best way to get started is to complete the form below. Tell us a bit about your business and we will advise on how best to get started.

We will get back to you within 24 hours.

Ro Sokhi, CPA
Ro Sokhi, CPA
Founder & CEO · Big Four experience · 20+ years

We will get back to you within 24 hours.