Business Details
44 Years
experience
Your Trusted Tax Preparation Partner in Brooklyn
Colacino Tax is a family-owned and operated business that has specialized in income tax services since 1982. With over four decades of experience, we provide personalized tax preparation solutions for individuals, families, and small businesses. Our dedicated team combines deep industry expertise with a commitment to exceptional service, ensuring clients navigate tax complexities with confidence. Founded in Brooklyn, New York, our legacy is built on trust, transparency, and a profound understanding of tax regulations.We prioritize client relationships, offering tailored guidance to minimize liabilities while maximizing compliance. Our staffs extensive background, including decades in financial services and public service, ensures a multidimensional approach to tax strategy. By blending traditional values with modern efficiency, we deliver stress-free tax experiences that meet the evolving needs of our community and beyond.
Services
Tax Preparation
Business Tax Filing
S-Corporation Services
C-Corporation Filing
Partnership/LLC Tax
BOI Reporting
Details
- Year established: 1982
Highlights and features
- We offer over 40 years of specialized tax preparation expertise.
- Our team includes a former New York Fire Department Captain with deep community ties.
- We provide personalized service with a family-owned business ethos.
- Secure document submission and transparent processing workflows.
- Experienced in handling complex business entity tax requirements.
Services
Tax Preparation
Our tax preparation service delivers accurate, personalized solutions for individuals. With over 40 years of experience, we ensure compliance while minimizing liabilities through meticulous review of income, deductions, and credits. Clients benefit from secure document submission, transparent pricing, and a streamlined process tailored to their unique financial situations.
Business Tax Filing
We specialize in business tax filing for corporations, partnerships, and LLCs. Our expertise covers S-Corporations, C-Corporations, and multi-member entities, ensuring precise reporting of income, expenses, and ownership structures. Clients receive guidance on deadlines, entity-specific requirements, and compliance with IRS mandates for annual filings.
Beneficial Ownership Reporting
Colacino Tax assists businesses with Beneficial Ownership Interest (BOI) reporting, a mandatory requirement for S-Corporations. We streamline the process of submitting ownership details to FinCEN, ensuring compliance with deadlines and avoiding penalties. Our fee starts at $100 for single-owner entities, with transparent pricing for additional owners.
People
Joseph Colacino
Founder
Joseph Colacino has 40 years of tax preparation experience, blending expertise from his NY Fire Department career and family business legacy. He established Colacino Tax to provide personalized, community-focused tax solutions.
Richard Colacino
Tax Specialist
Richard Colacino, a Certified Financial Planner, brings 28 years of financial services experience. Joining the family business in 2002, he specializes in tax strategy and investment advisory services, enhancing client offerings through his institutional trading background.
Questions
What tax services do you offer for individuals?
We provide comprehensive individual tax preparation, including income, deductions, and credit optimization. Services include secure document submission, intake forms, and remote or in-person filing options.
How can businesses submit tax documents?
Business clients can submit documents via our secure server, in-person drop-off, mail, or fax. We require completed intake forms and entity-specific income/expense sheets for accurate filings.
What is Beneficial Ownership Interest (BOI) reporting?
BOI reporting is a FinCEN requirement for S-Corporations to disclose ownership details. Colacino Tax offers filing services starting at $100 to ensure compliance and avoid penalties.
What are your office hours during tax season?
During tax season (Feb 1–Apr 15), we are open Monday–Friday 9am–7pm, Saturday 9am–6pm, and Sunday 10am–6pm for client convenience.
Do you handle multi-state tax filings?
Yes, our services cover all states. We accommodate individual and business clients with multi-state filing needs through secure remote processing and expert guidance.
Reviews (5)
Greg Mayer
Jun 14, 2022
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I have been going here since 1998. Great family, great service, but a bit slow if you don't time it right and hit a crowd. Plan to spend three hours. Grab some lunch at the local shawarma shop, bring some tunes or a book, and you'll be fine.
Mark Piccione
Apr 06, 2022
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Been going to Joe for 28 years, never again. He's not the same anymore, it's a shame really and his son told me he doesn't need my business. Take care Joe.
Samuel Jenkins
Jan 10, 2022
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Joe is the man. Saved me a ton on my taxes. Worth every penny! This place is old school, family run. Which I enjoy. They have heart and will help you with compassion. That said, they may not be as "slick" as some of the big corporate practices. But I don't care about slickness.
Eddie Salgado
Feb 04, 2020
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I was recommended to this office over 25 years ago and have never been disappointed by the high level of professionalism and quality of service that is second to none. In one word "excelsior "!
Lorena Rivera
Mar 30, 2019
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This place is in terrible need of a Secratary or office manager. It's impossible to get someone to answer the phone or set up and appointment. I called three separate times and days. Finally I was able to track someone down and then A day later I got an email saying they were canceling my appointment. Get this because they were double booked! Awful customer service. Do they not want business, completely absurd.
Don't even bother calling or emailing they won't get back to you and can't be bother to schedule a new appointment. Even if you do eventually get someone they can't be bother and cancel on you, with no hope of future availability. They couldn't even give me one other possible day to come in. How could that be? Guess they do not want to pick up new customers? Completely ridiculous! Don't waste your time.
Don't even bother calling or emailing they won't get back to you and can't be bother to schedule a new appointment. Even if you do eventually get someone they can't be bother and cancel on you, with no hope of future availability. They couldn't even give me one other possible day to come in. How could that be? Guess they do not want to pick up new customers? Completely ridiculous! Don't waste your time.
