Karpos & Associates

Call Directions Website Contact the business

Karpos & Associates No annoying tax professional lingo. Just straight, authoritative and friendly expert advice. Period. So who is he? Looking forward to working with you soon.

Are you a dentist, physician in standalone practice (or doing locums; hospitalist or out-patient), lawyer in private practice, real estate and insurance sales professional, financial planner, engineer, consultant, contractor or any other business owner? Here is how our CPA simplifies taxes:

No financial statement = Too much tax. A seasoned entrepreneur himself, our CPA has deployed no nonsense business and tax strategies to help clients rein in on operational excesses and save taxes to grow their businesses and achieve higher profits. From Wall Street to Main Street, he has spent nearly two decades building processes and helping businesses and individuals pay no more than their fair share in taxes. He is quick to tell of how blessed he is to reside with his family just outside of NYC driving impact in businesses spread across the east coast and west coast of the United States. If saving $28,000 in new tax deductions is on your bucket list, connect with us via www.karposandassociates.com or call us at 914-831-9277 to schedule an appointment with him

Among other strategies, we specialize in helping you to:
- Create tax deductions that don’t trigger vacation home rules for entertainment facilities
- Extract the hidden deductions from your mileage rate vehicles
- Identify and ensure double deductions for often overlooked and misclassified sporting events, employee parties and boondoggles
- Design retirement plans when you have employees
- And many more!!!

Preparing for Q4 Business Expenses?The final quarter can bring increased spending, from inventory and payroll to marketi...
10/22/2026

Preparing for Q4 Business Expenses?

The final quarter can bring increased spending, from inventory and payroll to marketing, travel, equipment, and year-end projects.

A little preparation now can help you finish the year with greater clarity and fewer financial surprises.

Plan your expenses. Protect your cash flow. Finish 2026 strong.

Business Performance Check: Are You Meeting Your Goals?It’s easy to stay busy. It’s harder to know whether that activity...
10/20/2026

Business Performance Check: Are You Meeting Your Goals?

It’s easy to stay busy. It’s harder to know whether that activity is actually moving your business forward.

Take a moment to check your numbers:

💰 Revenue — Are you on track with your targets?
📈 Profit — Are your margins where they need to be?
👥 Customers — Are you attracting and retaining the right customers?
⚙️ Operations — Are your processes helping you grow efficiently?
🎯 Goals — Are your priorities producing measurable results?

If the numbers aren’t where you expected, don’t wait until year-end to adjust.

Your financial statements shouldn’t only be reviewed when tax season rolls around.Regularly reviewing your numbers can h...
10/16/2026

Your financial statements shouldn’t only be reviewed when tax season rolls around.

Regularly reviewing your numbers can help you understand what’s happening in your business and spot potential issues before they become bigger problems.

A good rhythm for many business owners is:

Weekly: Check cash flow, account balances, and upcoming payments.
Monthly: Review revenue, expenses, profit, and key business metrics.
Quarterly: Compare your results to your goals, budget, and previous periods.
Annually: Review the bigger picture and use what you’ve learned to plan for the year ahead.

The more regularly you understand your numbers, the easier it is to make informed business decisions.

If you filed for a tax extension, October 15 is an important deadline to remember.For many taxpayers who received an ext...
10/13/2026

If you filed for a tax extension, October 15 is an important deadline to remember.

For many taxpayers who received an extension, this is the deadline to file their federal income tax return.

If you have an extended return to file, now is the time to make sure everything is ready.

October Is National Financial Planning Month!For business owners, this is a great time to step back from the day-to-day ...
10/09/2026

October Is National Financial Planning Month!

For business owners, this is a great time to step back from the day-to-day and take a closer look at your financial picture before the year comes to a close.

Good financial planning isn’t just about looking at where your business has been. It’s about preparing for where you want it to go.

Make October the month you turn your financial numbers into a plan.

October is a great time to check in on your business finances before year-end gets busy.Here are a few items to review:✅...
10/06/2026

October is a great time to check in on your business finances before year-end gets busy.

Here are a few items to review:
✅ Review your year-to-date income and expenses
✅ Organize receipts, invoices, and financial records
✅ Check your estimated tax payments
✅ Review payroll and contractor records
✅ Look for potential year-end tax planning opportunities
✅ Make sure your bookkeeping is up to date

Don’t wait until December to discover something needs attention!

Seeing money in your business bank account can feel like you’re making money, but cash in the bank and actual profit are...
10/02/2026

Seeing money in your business bank account can feel like you’re making money, but cash in the bank and actual profit are two different things.

Your bank balance may include money set aside for taxes, loan proceeds, customer deposits, or funds needed to pay upcoming bills. And some expenses may affect your profit without immediately reducing your cash.

A healthy bank balance doesn’t necessarily mean a profitable business. Understanding the difference between cash flow and profitability can help you make smarter financial decisions and avoid surprises.

What’s Actually Deductible? Not every expense that feels business-related automatically qualifies for a tax deduction.Ge...
09/29/2026

What’s Actually Deductible? Not every expense that feels business-related automatically qualifies for a tax deduction.

Generally deductible: Ordinary and necessary business expenses, such as qualifying advertising, office supplies, professional fees, and business-related travel.

Not automatically deductible: Personal expenses, fines and penalties, or expenses that don’t meet the applicable tax rules.

The key: Keep clear records and receipts, and know the rules that apply to your situation.

Think you know your deductions? Before you file, make sure your “tax trivia” is backed by the facts.

Business owners often ask whether a meal or an entertainment expense is tax deductible—but the rules can be very differe...
09/25/2026

Business owners often ask whether a meal or an entertainment expense is tax deductible—but the rules can be very different.

Generally, business meals may qualify for a deduction when certain requirements are met, while entertainment expenses are generally not deductible under current federal tax rules.

The details matter, and small differences in how an expense is structured or documented can affect its tax treatment.

Before you categorize that expense, make sure you understand the rules.

Is your business ready for a strong 4th quarter? Q4 is right around the corner—and the businesses that prepare now are t...
09/23/2026

Is your business ready for a strong 4th quarter?

Q4 is right around the corner—and the businesses that prepare now are the ones positioned to finish the year strong.

Now is the time to:
✅ Review your goals and numbers
✅ Identify opportunities for growth
✅ Strengthen your marketing strategy
✅ Reconnect with customers
✅ Make sure your team and operations are ready

Don’t wait until Q4 is underway to start planning.

Are you ready to make the most of the final quarter of the year?

Address

270 North Avenue, Suite 812
New Rochelle, NY
10801

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm

Telephone

(914) 831-9277

Website

Alerts

Be the first to know and let us send you an email when Karpos & Associates posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Karpos & Associates:

Shortcuts

Sponsored

Share

Category