MEDOWS CPA | New York Tax Resolution & International Tax

Specialties

Individual Tax Preparation

Clergy Taxes Read more

Tax Preparation

Amended Tax Returns Read more

Bookkeeping

Accounting, Bookkeeping & Payroll: Offers a full line of accounting, bookkeeping and payroll services. Read more

Tax Planning

Tax Preparation + Planning Read more

Sales & Use Tax

Sales Tax Returns Read more

International Tax

ITIN Applications: Related services include non-resident alien returns for foreigners working in the US and re... Read more

Business Formation & Entity Structuring

Business Startup & Wind-Down Services: Coaching and insight to start a business or bring one to a close. Read more

IRS Representation & Tax Resolution

Also keeps clients compliant through quarterly and annual payroll tax filings and problem resolution. Read more

Multi-State & Local Tax

Multiple State Tax Returns Read more

Clients Served

Small Businesses

Freelancers

S corporations

C corporations

Trusts

Partnerships

Self-employed

High Net Worth Individuals

International Clients

Single-Member LLCs

Multi-Member LLCs

Our Team

JM

Jonathan Medows

CPA · New York · Licensed: NJ, NY, MD, PA

TS

Taimoor Shahid

CPA · New York · Licensed: NY

Locations

Lower East Side Primary

570 Grand Street, Office A, New York, NY, 10002 (646) 415-8011

About MEDOWS CPA, PLLC

MEDOWS CPA, PLLC is a tax-centric boutique CPA firm in New York City with two CPAs. It serves high-net-worth individuals, the self-employed, freelancers, small businesses and international clients with tax preparation, tax resolution, ITIN applications, international tax and business startup and wind-down services.

Frequently Asked Questions

I do not have a green card yet, but I am engaged in business during the year, so do I have to file taxes in the U.S.?

The short answer is yes. An individual non-resident alien that is engaged in a business in the United States during the year is required to pay income taxes for income earned within the United States.

I will need to leave the U.S. in a few months, will I need to have a ‘sailing permit’ or obtain a certificate of compliance?

The sailing permit is required for nonresidents who have taxable income during the taxable year and resident aliens who will be leaving the United States with out any expected date to return. You will need to complete Form 1040-C, which is a Departing Alien Income Tax Return and then you will be granted a sailing permit.

As an alien or non U.S. citizen, do I qualify for and get the benefit of any deductions and credits?

A non-resident alien can claim deductions but they cannot be related to income that is not from the United States. There are personal exemptions as well as certain itemized deductions that you can claim as long as you can provide proof that they are connected to your U.S.

On a visa, how many days do I have to be in the U.S. to pay taxes?

Your income is considered free from federal taxing if you were not in the United States for more than 90 days during the year. You are also exempt from federal taxes if your total income was less than $3,000 from your work done in the United States.

What are the rules for paying inheritance tax for green card holders living in the U.S.?

A resident alien will be required to report any type of income; wages, interest, inheritance, dividends, property, royalties, and other types of income on your tax return. You are required to report this income whether you are from the United States or not.

Are there tax obligations if I surrender my green card or U.S. permanent resident status?

If you surrender your green card, you will need to receive an official notice from the United States Citizenship and Immigration Services, or USCIS. Your tax status will terminate on the last day of the calendar year.

I am on a student visa (with no U.S. citizenship or green card), will my interest income be taxed?

Any interest income that is not connected with a United States trade or U.S. business will not be included in gross income.

As a foreign student, how do I know if I am exempted from U.S. Social Security and Medicare taxes?

If you are a foreign student, you may be exempt from U.S. social security and Medicare taxes if you work on-campus up to 20 hours a week or 40 hours a week during the summer months, if you work off-campus and are employed with a company that is approved by USCIS, or if you are enrolled in practical training student employment on or off the campus.