Business Details
Your Trusted Partner for Accounting & Tax Solutions
At Abid CPA, we operate as a full-service accounting firm dedicated to delivering personalized financial solutions. Our approach emphasizes proactive tax planning and hands-on client engagement, ensuring businesses and individuals receive tailored guidance to navigate complex tax landscapes. With expertise in auditing, accounting, and tax resolution, we specialize in serving small businesses, real estate entities, and individuals seeking strategic financial advice.Our team combines deep industry knowledge with a commitment to staying current on evolving tax regulations, enabling clients to minimize liabilities while maintaining compliance. By prioritizing transparency and client education, we empower business owners to make informed decisions aligned with their long-term goals.
Services
Tax Preparation & Planning
Accounting & Assurance
Tax Resolution Services
Audit Services
Financial Disclosure
Retirement Planning
College Education Planning
Real Estate Audit
Computer System Consultation
Tax Compliance
Highlights and features
- We offer proactive tax planning to minimize liabilities.
- Our team specializes in real estate audit services.
- We provide personalized accounting solutions for small businesses.
- Our CPAs stay current on evolving tax regulations.
- We prioritize client education and transparent communication.
Services
Tax Preparation & Planning
We provide comprehensive tax preparation and strategic planning for individuals and businesses. Our proactive approach identifies opportunities to minimize tax liabilities while ensuring compliance with evolving regulations. Clients benefit from personalized guidance tailored to their unique financial situations.
Accounting & Assurance
Our accounting and assurance services include audits, reviews, and financial statement preparation. We help businesses maintain accurate records, meet compliance requirements, and build stakeholder confidence through transparent financial reporting and internal control procedures.
Tax Resolution Services
We assist clients facing tax disputes or audits with federal and state agencies. Our experts communicate with tax authorities, negotiate payment plans, and resolve issues related to tax debt, liens, or compliance penalties on behalf of our clients.
Real Estate Audit
Specialized audit services for co-ops, condos, and real estate entities. We address industry-specific financial challenges, ensuring accurate reporting and compliance with regulatory standards while optimizing operational efficiency for property management.
Financial Disclosure
We prepare professional financial statements with rigorous accuracy checks. Our services ensure businesses present credible, compliant financial data to stakeholders, investors, and regulatory bodies while maintaining internal control standards.
People
Moeed Abid
CPA
Moeed Abid holds a bachelor's in accounting from Queens College and a master's in taxation from SUNY Old Westbury. With extensive experience in public accounting and private sectors, he specializes in tax planning and advising business owners on industry-specific tax issues.
Ouneeb Abid
CPA
Ouneeb Abid earned his bachelor's and master's in accounting from Queens College. He brings expertise in small business tax planning and nonprofit auditing, gained through senior roles at midsize accounting firms before co-founding Abid CPA.
Questions
What tax services do you offer for small businesses?
We provide tax preparation, planning, and compliance services tailored to small businesses, including entity selection, payroll tax, and year-end reporting.
Do you specialize in real estate accounting?
Yes, we offer specialized audit and accounting services for co-ops, condos, and real estate entities with expertise in industry-specific financial management.
How do you handle tax resolution cases?
Our team negotiates with IRS and state agencies to resolve tax debt, payment plans, and audit disputes while minimizing penalties for clients.
What accounting software do you support?
We work with major accounting platforms and provide guidance on system selection, implementation, and optimization for small to midsize businesses.
Are your services available remotely?
Yes, we offer virtual consultations and cloud-based accounting solutions to serve clients beyond our local area.
