Blog

New York’s 2022 Tax Changes

By now you’ve sent in your 2021 taxes or filed for an extension. It’s time to bring our focus to 2022. There are important changes with New York State’s taxes that give New Yorkers the unfortunate distinction of paying the highest combined state and local tax rate in...

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An Explanation of New York’s Sales and Use Tax

Most states charge a sales tax on retail goods and services. The state tax is relatively low but add on local and regional taxes and it starts to add up. In addition to sales tax, residents must pay use tax. We’re used to paying tax, but how much is it exactly and how...

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What is a Professional Corporation?

So, you’ve decided to start a business. Congrats! Which business model will you choose? Our business entity series explains each of the business structures, helping to identify the advantages and disadvantages of each legal entity. Many people have heard of LLC’s and...

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Six 2021 Tax Tips That Can Save You Money

What a year!  Even though 2021 has been unusual, to say the least, one thing doesn’t change.  With the end of the calendar year, our thoughts (at least here in the accounting world) turn to taxes. We have held off on posting this while we await a sense of where tax...

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California Pass-Through Entity (PTE) Tax

On July 16, 2021, California Governor Gavin Newsom signed “Assembly Bill 150” into law to join a number of states that have an optional passthrough entity tax (“PTE Tax”) regime. The bill allows a qualified entity to make an annual PTE tax election for the taxable...

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What Our Clients Say


“ LH Frishkoff is so much more than Tax and Accounting. They have been proactive partners helping us achieve vital business milestones, work through challenges and ultimately create the financial infrastructure we have needed to succeed. Their level of service, professionalism and genuine care for their client’s businesses truly sets them far apart from all others.”

– Jeremy Bergstein, CEO, The Science Project

L.H. Frishkoff & Company

546 Fifth Ave. New York, NY 10036
212-808-0070

565 Taxter Road, Elmsford, NY 10523
914-523-2047

L.H. Frishkoff & Company

546 Fifth Ave. New York, NY 10036
212-808-0070

565 Taxter Road, Elmsford, NY 10523
914-523-2047