Business Details
4 Years
experience
Trusted Accounting & Tax Services in Mineola, NY
Abid CPA has established itself as a full-service accounting firm dedicated to providing tailored financial solutions for businesses, sole proprietors, and individuals. Our approach combines proactive tax planning with hands-on expertise, ensuring clients navigate complex tax regulations while minimizing liabilities. With a focus on accuracy and compliance, we offer comprehensive services including audit assurance, financial reporting, and strategic tax resolution. Led by experienced CPAs, our team prioritizes client education and personalized advisory to address industry-specific challenges.We specialize in serving real estate entities, small businesses, and non-profits, leveraging decades of combined experience in public accounting and corporate finance. Our commitment extends beyond compliancehelping clients achieve long-term financial goals through retirement planning, college savings strategies, and business growth consulting. By staying current with evolving tax laws and technological advancements, we maintain a competitive edge in delivering reliable, forward-thinking financial guidance.
Services
Tax Preparation
Audit Assurance
Financial Planning
Tax Resolution
Accounting Services
Details
- Year established: 2022
Highlights and features
- We prioritize proactive tax planning to minimize future liabilities.
- Our CPAs combine public accounting and corporate finance experience.
- Specialized expertise in real estate, small business, and non-profit sectors.
- Personalized financial strategies for retirement and college savings planning.
- Proven track record in resolving tax audits and payment disputes.
Services
Tax Preparation
We deliver accurate and compliant personal and business tax returns with proactive planning to reduce liabilities. Our CPAs thoroughly review filings to ensure adherence to federal, state, and local regulations while identifying deductions and credits. Clients receive strategic guidance to simplify complex tax obligations.
Audit Assurance
Our audit services verify financial statement accuracy to satisfy stakeholders and regulatory requirements. We assist businesses in meeting banking covenants, preparing for transactions, and detecting fraud. The process includes documentation review, internal control evaluation, and reporting enhancements.
Tax Resolution
We resolve tax audits, payment plans, and debt settlements with federal and state agencies. Our experts negotiate offers in compromise, streamline compliance, and communicate with authorities to mitigate penalties. Clients benefit from proven strategies for IRS, NYS, and NYC tax controversies.
Financial Planning
We develop customized plans for retirement, college savings, and business growth. Services include asset analysis, shortfall identification, and risk-appropriate savings strategies. Our goal is to align financial decisions with long-term objectives while adapting to evolving regulations.
Accounting Services
We handle monthly/quarterly accounting tasks including bank reconciliations, income statements, and balance sheets. Our services ensure accurate financial records for informed decision-making. Clients receive unlimited consultations to maintain operational efficiency and strategic clarity.
People
Moeed Abid
CPA
Moeed Abid, CPA, holds a bachelor's in accounting from Queens College and a master's in taxation from SUNY Old Westbury. With experience in public accounting and private companies, he specializes in tax strategy and education for business owners.
Ouneeb Abid
CPA
Ouneeb Abid, CPA, earned his accounting degrees from Queens College and has extensive experience in tax and audit services. He focuses on small businesses and non-profits, providing strategic accounting solutions and client-focused service execution.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, financial reporting, audit assurance, and tax compliance services tailored to small businesses, helping maintain accurate records and strategic financial health.
Can you assist with IRS tax debt resolution?
Yes, our tax resolution services include negotiating payment plans, offers in compromise, and representing clients during IRS audits to reduce liabilities and penalties.
Do you handle state and local tax filings?
We prepare and file taxes for federal, state, and local jurisdictions, including complex New York State and New Jersey sales tax returns for quarterly filers.
What sets your tax planning apart from other firms?
We take a proactive approach using ongoing tax law updates to create personalized strategies that minimize liabilities while aligning with clients' long-term financial goals.
Are your services available for individual financial planning?
Yes, we offer retirement planning, college savings strategies, and personal tax optimization services tailored to individual financial situations and risk tolerance.
How do you handle audit support for businesses?
We provide comprehensive audit support including documentation preparation, internal control assessment, and stakeholder communication to ensure compliance and financial transparency.
