Accountant in Pelham, NY
London's Tax Services provides tax preparation and year-round tax planning for Pelham and Pelham Manor households and business owners, from our office in nearby White Plains. Pelham returns tend to be W-2 heavy with high property taxes and investment income, which makes the itemising and timing decisions worth real money. The first 15 minute consultation is free.
Close by, and open all year
Our office in downtown White Plains is a short drive from Pelham, and clients can drop documents off in person or send them securely online. More useful than the proximity, though, is that we are here in the autumn, which is when tax planning actually happens. By the time you are filing in April, most of the decisions that would have changed the number were already made months earlier.
Commuters, professionals and family businesses
Most Pelham returns we prepare involve a household with one or two W-2 incomes from Manhattan, a home with a substantial property tax bill, a brokerage account, and often a small consulting or professional practice on the side. Individually none of those is complicated. Together they produce the timing questions that make planning worthwhile.
Tax issues that come up here
Property taxes and the itemising decision
Pelham and Pelham Manor carry some of the higher property tax bills in Westchester, and for many households the state and local tax deduction is the deciding factor in whether itemising beats the standard deduction. Recent SALT changes have altered that calculation, and it needs redoing each year rather than carried forward from last year's assumption.
Investment income, capital gains and loss harvesting
Where there is a brokerage account, when you sell matters as much as what you sell. Harvesting losses before year end, watching the wash sale rule, managing the gap between short and long term rates, and keeping an eye on the net investment income tax are all decisions with a December deadline. None of them can be fixed in April.
Westchester, not New York City
Pelham residents who commute into Manhattan do not owe New York City resident income tax. It sounds obvious, but NYC tax withheld in error by an employer is one of the more common things we find when reviewing a new Pelham client's prior returns, and it is recoverable.
Areas we cover in and around Pelham
- Pelham Heights
- Pelham Manor
- Chester Park
- Pelhamwood
Getting to our office
Pelham is on the Metro-North New Haven Line and a short drive from our office in White Plains.
75 South Broadway, 4th FlrWhite Plains, NY 10601
Schedule a Consultation
Pick a time that works for you. Our 15-minute consultation is the easiest way to get started.
Pelham tax questions we get asked
How far is your office from Pelham?
We are at 75 South Broadway in downtown White Plains, a short drive from Pelham. Many Pelham clients also work with us entirely remotely, with documents exchanged securely online.
Do Pelham residents pay New York City income tax?
No. Pelham is in Westchester County, so Pelham residents do not pay NYC resident personal income tax even if they work in Manhattan. If your employer withheld NYC tax in error, it can usually be recovered by amending the return.
When should I start tax planning?
Autumn, not April. Most of the decisions that change your tax bill, including loss harvesting, retirement contributions, timing income and equipment purchases, have a 31 December deadline. By filing season the options have closed.
Do you work with small professional practices?
Yes. Solo practitioners and small partnerships are a large part of our work, including entity structure reviews, retirement plan selection and quarterly estimated payments.
Other areas we serve
Talk to a tax professional near Pelham
Over 20 years of experience, a 4.9 star Google rating, and a free 15 minute consultation to start.
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