Yonkers
Bookkeeping and accounting in Yonkers, Westchester
Yonkers payroll has a wrinkle the rest of Westchester does not.
What you get
- Accounts reconciled every month
- Statements you can make decisions from
- Payroll and sales tax filed on time
- QuickBooks set up to fit the business
The MyCleverCPA team
- 25+ years in regulated finance, compliance and audit
- Tax work led by a CPA. Jillian Sinel holds the CPA and the CAA
- Riverdale Office at 331 College Rd, Bronx, NY 10471
In Yonkers
Bookkeeping and accounting for Yonkers
The resident surcharge and the nonresident earnings tax both have to be withheld and filed correctly. Getting it right inside the payroll file prevents notices for the employee and for the employer.
For businesses around Getty Square and the South Broadway corridor, that sits alongside ordinary sales tax and the usual state filings, and it is the one most often missed.
Scope
What is included in bookkeeping and accounting
The same work wherever you are. Scoped to what you actually need.
Monthly close
- Bank and credit card reconciliations
- Accruals and adjusting entries
- A close calendar you can rely on
Reporting
- Profit and loss, balance sheet and cash flow
- Management reports for owners and lenders
- Budget against actual, and the variance explained
Payroll and sales tax
- Payroll processing and payroll accounting
- Federal, New York State and local payroll filings
- Sales tax registration and returns
Cleanup and systems
- QuickBooks setup, cleanup and conversion
- A chart of accounts rebuilt to fit what you do
- Inventory and job costing where they apply
What this covers
- Bookkeeping and general ledger maintenance
- Financial statements and management reports
- Account reconciliation and adjusting entries
- Payroll processing and payroll accounting
- Payroll tax compliance
- Sales tax compliance
- QuickBooks setup, cleanup and conversion
- Financial and accounting analysis
- Budgeting, forecasting and cash flow analysis
- Cost, profitability and performance analysis
- Internal accounting support and advisory
- Inventory control
Local tax
The only local income tax outside the city
This is the detail that makes Yonkers different from everywhere else we work. Residents pay a Yonkers income tax surcharge of 16.75% of the net state tax amount. People who work in Yonkers but live elsewhere pay a nonresident earnings tax of 0.50%, filed on Form Y-203. No other area we cover outside New York City has a municipal income tax at all; Scarsdale, four miles away, has none.
What you do not pay is just as important. There is no New York City resident income tax for Yonkers residents, including the large commuter population. The nonresident earnings tax that used to apply was repealed in 1999 and the partial version was struck down in 2000. MCTMT sits in Zone 2 at 0.34% rather than the city’s 0.60%, and with the self employment threshold moving from $50,000 to $150,000 for 2026, a lot of self employed Yonkers filers leave that tax entirely this year.
The combination worth understanding: a Yonkers resident consultant with New York City clients can face state tax, the 16.75% Yonkers surcharge and New York City Unincorporated Business Tax on the city sourced business, while owing no New York City resident tax. All three can be true at once, and almost nobody explains it.
With a substantial two to four family and apartment stock and a majority renting, small landlord Schedule E work is common here, and unlike Brooklyn there is no UBT to think about. Proximity to Connecticut and New Jersey makes multi state filing and the resident credit on Form IT-112-R routine.
How it works
How bookkeeping and accounting runs
Four stages. Most of the value sits in the first two, before anything is filed.
Look at what exists
The current file, the bank feeds and the last month anyone actually reconciled.
Clean up the history
Past months reconciled and categorized before anything new gets built on top of them.
Close every month
A fixed schedule, with statements that arrive without being chased.
Review the numbers with you
Reports walked through, so they answer the question you actually have.
Questions
Frequently asked questions
How much is the Yonkers tax?
For residents it is a surcharge of 16.75% of your net New York State tax, so it scales with your state liability rather than being a separate rate on income. If you work in Yonkers but live elsewhere, it is a 0.50% earnings tax on the Yonkers sourced wages, filed on Form Y-203.
I live in Yonkers and work in Manhattan. Do I pay New York City tax?
No. The city commuter tax was repealed in 1999 and struck down for everyone in 2000. You pay state tax and the Yonkers resident surcharge. If you also run an unincorporated business carried on within the city, the city Unincorporated Business Tax can still apply to that business.
Is the casino coming to Yonkers?
No. MGM withdrew the Empire City bid for a downstate casino license in October 2025, and the three licenses went to Resorts World Queens, Bally’s Bronx and Metropolitan Park. Empire City continues to operate as a video lottery racino at Yonkers Raceway. It is worth saying because a lot of older material still assumes otherwise.
Our books are a mess. Is that a problem?
It is the normal starting position. Cleanup is a defined piece of work with an end, and we would rather do it properly once than build a year of planning on top of numbers nobody trusts.
Do you work in QuickBooks?
Yes, including setup, cleanup and conversions from other systems. If you are already on something else that works, we are not going to move you for the sake of it.
Can you run our payroll?
Yes, along with the payroll tax compliance that goes with it. Payroll is also where worker classification gets decided, and getting that wrong is expensive in New York.
How often will I see numbers?
Monthly, as a rule, with the reporting shaped around what you actually decide from. A statement nobody reads is a cost, not a service.
Also in Yonkers
Our other services here
Tax preparation and planning
Yonkers is the only place we work that levies a local income tax of its own outside New York City.
Tax preparation and planning in YonkersTrust and estate tax
A Yonkers estate frequently crosses the New York threshold without the family expecting it.
Trust and estate tax in YonkersNonprofit accounting
Yonkers nonprofits are often large enough for a full Form 990 and staffed thinly enough that nobody owns it.
Nonprofit accounting in YonkersIRS representation
A Yonkers notice is frequently about the local tax being withheld or filed incorrectly.
IRS representation in YonkersTalk to us about bookkeeping and accounting in Yonkers
Book a time online, or call the Riverdale office directly.
Nearest office
Riverdale Office
331 College Rd, Bronx, NY 10471
Phone
Office hours
Sunday to Friday, 11am to 8pm Eastern.
Closed Saturday.