Statewide
New YorkAccounting, Tax & Fractional CFO
New York layers state, city, and (for owners) unincorporated business tax — and the convenience-of-employer rule traps many remote workers. Rubric Financial supports New York small businesses with NY-specific compliance, NYC-business-tax planning, and partner-led accounting.
What's Different About New York
Local context that affects your books and tax
- New York State tax + New York City personal income tax stacks on top of federal for residents — combined marginal rates regularly exceed 50%
- Unincorporated Business Tax (UBT) for NYC: 4% additional tax on partnerships and sole proprietorships operating in NYC, above thresholds
- Convenience-of-employer rule: remote employees of NY companies who live elsewhere are still taxed by NY (with some exceptions) — a frequent surprise for hybrid/remote workforces
- Pass-Through Entity Tax (PTET): NY's PTET election can save high-income owners on the federal SALT cap; election deadline is March 15
- Sales tax: economic nexus at $500K AND 100 transactions; SaaS is taxable; many services are taxable
- NY-source income from K-1s requires NY non-resident returns even for non-residents — common in real estate, hedge funds, and professional partnerships
Industries we work with in New York
- Financial and professional services
- Real estate investors and operators
- Restaurants and hospitality
- Healthcare practices
- Creative agencies and consultancies
- E-commerce and retail
See our industry pages for service-specific detail.
Run a small business in New York?
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