Abid Certified Public Accountant

Abid CPA, P.C. is a full-service accounting firm that prides itself on delivering personalized and high-quality services to our clients. Our firm is comprised of experienced certified public accountants (CPAs) who are dedicated to helping businesses, sole-proprietors, and individuals fulfill their specific service requirements. We are committed to providing a hands-on approach, ensuring that our clients receive the attention they deserve while staying within their budget. Our team is equipped with the expertise and knowledge to guide our clients through the complexities of tax laws and regulations, providing them with advanced tax liability-planning and education on tax issues facing their industries.

Our Team

Moeed Abid, CPA, is the founder of Abid CPA, P.C. He has a Bachelor's degree in Accounting from Queens College and a Master's degree in Taxation from SUNY Old Westbury. Moeed has extensive experience in taxation, having worked in both public accounting and private companies. Over the years, he has worked with numerous business owners to educate them about tax issues facing their industries and to help them understand new tax laws and regulations. Moeed's expertise in taxation can have a significant impact on his clients' businesses and personal lives.

Ouneeb Abid, CPA, is a senior accountant at Abid CPA, P.C. He has a Bachelor's and Master's degree in Accounting from Queens College. Ouneeb has gained extensive experience in tax and audit fields while working as a senior accountant at small and midsize accounting firms. He specializes in small business tax and planning, as well as non-profit auditing. At Abid CPA, P.C., Ouneeb is involved with planning and executing assurance, tax, and accounting services. He interacts with individual clients, business owners, and management on a regular basis to make the process of bookkeeping, planning, and preparation of returns more efficient.

Services

At Abid CPA, P.C., we offer a wide range of services, including:

Tax Preparation & Planning

We view our client relationships as ongoing partnerships and pledge to provide quality, up-to-date tax return preparation and planning. Whether personal or business, our CPAs thoroughly review your tax return to ensure accuracy and mitigate any issues. With us, you get the support and experience required to guarantee compliance with tax laws and the accuracy of your tax data. We can assist you with:

• Identifying your retirement needs
• Analyzing your assets and sources
• Identifying potential savings
• Recommending suitable retirement income investment and distribution strategies
• Determining the impact of taxes on your retirement income
• Coordinating with your other professionals to help achieve your retirement income goals

Taxation

We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We offer taxation services in the following areas:

• Tax planning and return preparation
• Individual taxation, including filing of all required tax forms
• Business taxation, including filing of all required tax forms
• Estate and trust taxation
• Non-profit taxation

Accounting & Assurance

We offer accounting services ranging from traditional auditing, review and compilation to assisting businesses with day-to-day accounting and financial operations. Our accounting services include:

• Audits, reviews, and compilations
• Bookkeeping and write-up services
• Financial statement preparation
• Payroll preparation
• Sales tax preparation
• Budgeting and forecasting
• Cash flow and financial management

Consulting

We recognize that upgrading and changing your accounting solution can be a time-consuming, expensive, and painful process. Although this is something you do every few years or perhaps once a decade, we provide these services every day. Our consulting services include:

• Accounting software selection and implementation
• Business process improvement
• Financial projections and forecasts
• Litigation support
• Mergers and acquisitions