Business Details
12 Years
experience
Trusted Accounting Services in Great Neck, NY
At YYL CPA, we have established ourselves as a premier paperless accounting firm since 2014, serving clients nationwide and internationally. Our expertise encompasses comprehensive tax planning and preparation, QuickBooks accounting, payroll processing, and business advisory services, including business formation and strategic consultation. We specialize in catering to high-net-worth individuals and businesses across diverse industries such as healthcare, real estate, hospitality, wholesale, eCommerce, and professional services. With fluency in both English and Mandarin Chinese, we ensure seamless communication and personalized solutions for clients of all backgrounds. Our commitment to continuous professional development enhances our skills and client service capabilities, ensuring prompt and accurate guidance.We foster trust through client referrals, demonstrating the reliability and excellence of our services. Founded by Elaine Yue, a New York State Certified Public Accountant and CFP Board Certified Financial Planner, our firm combines technical expertise with a dedication to community leadership. Our team's extensive experience in tax and financial services positions us as a trusted single-source solution for all accounting needs. We prioritize professionalism, responsiveness, and quality, ensuring clients receive tailored support that aligns with their unique financial goals.
Services
Tax Planning & Preparation
Bookkeeping Services
Payroll Processing
Business Formation
ITIN Application
FIRPTA Withholding Certificate
Tax Resolutions
QuickBooks Accounting
International Tax Services
Details
- Year established: 2014
Highlights and features
- We offer 10+ years of combined experience in tax and accounting services.
- Our team provides bilingual (English/Mandarin) communication for seamless client support.
- We specialize in niche industries including healthcare, real estate, and eCommerce.
- Our paperless, AI-based system ensures efficient nationwide and international service.
- We prioritize client education through personalized tax planning and strategic consultation.
Services
Bookkeeping Service
Our bookkeeping service includes bank account reconciliation, financial statement creation, general ledger maintenance, and unlimited consultations. We offer customized packages that can integrate payroll services or tax planning to meet specific business needs. Using AI-based systems, we ensure accurate financial records while providing personalized support to help businesses maintain compliance and make informed financial decisions.
New Business Formation
We guide entrepreneurs through business structure selection, registration, and license acquisition. Our support covers entity formation, tax ID applications, and compliance requirements. With expertise in state and federal regulations, we help clients establish a solid foundation for their businesses while ensuring legal compliance, allowing them to focus on growth and operational success.
Tax Planning & Preparation
We provide comprehensive tax planning and preparation for businesses and individuals, leveraging current tax laws to minimize liabilities. Our services include federal/state tax return preparation, strategic tax code analysis, and historical context-based planning. We specialize in complex tax scenarios for high-net-worth clients and businesses across multiple industries, ensuring compliance while optimizing tax outcomes.
Payroll Processing Service
Our payroll service handles tax reporting, wage calculations, and compliance with IRS and state regulations. We manage end-to-end payroll processing, including tax filings and payments, while ensuring adherence to changing labor laws. This service allows business owners to focus on core operations while maintaining accurate payroll records and avoiding compliance penalties.
ITIN Application
We assist non-residents in obtaining Individual Taxpayer Identification Numbers through IRS-authorized processes. As certified acceptance agents, we verify passports without requiring original documents to be mailed. This service streamlines tax compliance for international clients while ensuring proper documentation and adherence to IRS requirements for tax reporting and financial transactions.
People
Elaine Yanlin Yue
CPA, CFP
Elaine Yue is a New York State Certified Public Accountant and CFP Board Certified Financial Planner with expertise in tax planning and business advisory. She founded YYL CPA in 2015 after earning advanced degrees in accounting. Active in professional organizations, she served as CASCPA President from 2020-2023.
Li Qin
IRS Enrolled Agent
Li Qin is an IRS Enrolled Agent specializing in tax return preparation and QuickBooks bookkeeping. She joined YYL CPA in 2016 and earned her B.S. in Accounting from Baruch College in 2023. She focuses on payroll tax compliance and financial reporting for business clients.
Questions
What accounting services do you offer for small businesses?
We provide bookkeeping, payroll processing, business formation, tax planning, and compliance services tailored to small businesses using AI-driven technology for efficiency.
Do you serve international clients?
Yes, we offer tax planning, ITIN applications, and compliance services for non-residents with U.S. source income, supporting clients globally through our paperless system.
What industries do you specialize in?
We specialize in healthcare, real estate, hospitality, wholesale, eCommerce, and professional services with tailored tax and accounting solutions for each sector.
How do you handle payroll tax compliance?
We manage complete payroll processing including federal/state tax reporting, wage calculations, and compliance with current labor regulations to ensure accurate filings.
Can you help with IRS tax resolution?
Yes, we assist with resolving IRS notices, penalty abatements, and tax debt negotiations for individuals and businesses facing complex tax issues.
