Herman Yiu is the best accountant in New York. He makes clients comfortable talking about sensitive things .And he's accurate which is super important with taxes.His rates are very reasonable. I found him on Yelp! read more

I'm not sure what happened to the review I did years ago or why Yelp is acting like I'm brand new on Yelp ? Herman and Richard are very nice ,welcoming people and I like the clean, nice office space they are in . Thanks for your service . read more

I found Herman a few years ago and am very glad that I did! I go back to him each year at tax time, and he makes things simple. He is organized, polite, and has a good personality. While my tax situation is not complicated, I feel better knowing that I have someone I trust taking care of things. He also is fair with his pricing. read more

I have been a very happy client of Herman Yiu CPA for four years, after a few experiences with dishonest, over-priced tax accountants. Mr. Yiu gives excellent knowledgeable tax and investment advice, and above all, he is genuine and trustworthy. I highly recommend. read more

I have been using Herman to file my taxes since 2012! At that time I was living in NY. Since 2012 I've moved to multiple states, out of the country, have gotten married, and am now in middle Tennessee. I can not say enough good things about Herman. He makes the entire tax filing process seamless and stress free. Me living out of state- I love that he is able to do it all remotely, is extremely quick with his turnaround as well as answering any questions I may have. I feel like he's very profesional, knowledgeable, honest, and straightforward- which I really appreciate. I honestly can't recommend him enough and plan on using him until he retires! read more

Upgrading the review from 1 to 3 stars due to the response here on yelp. I appreciate the apology, Mr. Yiu. Thanks ----------- Original review Perhaps if you have up and coming business or have upper-middle class income, Mr. Yiu would treat you well as the other Yelp reviews seem to attest to. On the strength of those reviews, I booked a consultation with Mr. Yiu and, unfortunately, had a very, very different experience. 2013-2014 had been financially sallow years for me, however, I wanted to find a new CPA for the long haul as I knew my situation would vastly improve. I went in for a paid consultation and kept getting a very strong vibe that he was wasting his time with me. He strongly suggested that I file my own taxes. I didn't ask for any discounts. I was also well prepared to pay for services as there are a few particulars in my taxes that TurboTax couldn't handle. Furthermore, I was paying for every minute of this consultation in full - no discounts or anything. I could understand his cold manner and uninterested dismissiveness had it been a free consultation, but the fact that I was paying for it really rubbed my wallet the wrong way. If Mr. Yiu did not want my business and perhaps did not want to waste my time - he could have cut the meeting short on a high note with a clear explanation. But he did not. He let the meeting go on obviously well aware that he was earning dollars for every minute. These facts along with his attitude are what makes my experience particularly egregious. All in all, I paid $150 for less than an hour of some decent advice and a shitty attitude. I think if the attitude was great, it would have been worth $150. But I think the attitude makes it worth, I'd say, $40. So I overpaid $110 or 170% what I think it was worth. If you overpay anything by 170%, I think that would deserve a 1 star value. And so, my attitude-adjusted overpayment, I have to rate my experience of his service 1 star. I then found another CPA (who is a top tier CPA, very well paid) that I am now very happy with. read more

Several years ago, I switched CPAs for personal and small business matters and selected HY-CPA because of the online reviews. Now I'm making one and it is a rave. Now, I am a repeat customer year after year, and I have seen this firm grow year over year. Excellent understanding of accounting principles, backed with a modern approach and deep knowledge of the tax code has made all the difference, each time I return. Of course it makes sense to shop, do your homework and hire an accounting practice with a solid history of excellent references and with a support staff who can carry the day, but you will find no finer. Herman Yiu is a solid Accountant. read more

I used Herman last year for my taxes because of all the good reviews. My taxes are admittedly pretty straightforward, but I don't mind paying for convenience and peace of mind knowing that I got them done correctly & with the largest refund possible. Herman didn't disappoint. I got a great refund, and working with him was quick and easy. I don't remember paying for a "consultation", but I think maybe I did and that cost was applied against my final bill. Either way, it was worth it. Herman also always responded to my inquiries via email since they were all very straightforward, so I was never charged for him calling me (as I think other reviews indicated). All in all, yes, I agree with other reviewers that this wasn't a cheap option - but I'm really glad I used Herman and will certainly be going back this year. I think the peace of mind & convenience makes it totally worth it, and I was really happy with Herman's responsiveness & quick work on my taxes. read more

March 7, 2015 Not taking any new clients for the remainder of this tax season, unless you file an extension. When asked if he has any recommendations for other accountants to go to, they did not have an answer. Good luck out there! read more

Herman is a nice guy, relaxed and knowledgeable on individual and corporate accounting issues. Very professional and friendly. If you're looking for expert advice, go to him. It's amazing how sometimes people are so careful with certain small expenses but not at all with taxes, which is the biggest expense for everyone. read more

Herman is the epitome of what a tax professional should be. He has been well taught through academics and experience. Every time I see him, I always have a long list of questions that seem difficult to handle. However, he always answers them with ease. He has a creative yet practical mind that helps you go forward with the best course of action for your accounting needs. Unlike many other tax professionals, he's embraced modern technology and can get things done with very little face time. If you do need to speak with him, it always seems he has time for that too. In brief, he is a very effective communicator. He charges a competitive fee that I believe is worth every single penny. At the end of tax season, he will leave you with peace of mind! FYI - Herman has done both Corporate and Personal returns for me. read more

Two things are certain in life: death and taxes. Another thing that is certain is that you shouldn't do your own taxes. Instead, see Herman! I found him via Yelp and visited to file my income taxes and get help with a problem from a previous tax year. I got a great refund thanks to Herman pointing out things that I would have been sure to miss on my own. I also got help from Herman in forming an LLC. After paying a fair fee, Herman had everything taken care of within a week! He's great! read more

Very knowledgable accountant who actually pays attention to every little detail. He's prompt, reliable and extremely professional. Great work Mr. Herman Yiu, you'll be seeing us again next year! read more

We hired Herman back in 2016 as an advisor because we received an IRS letter due to complications with our backdoor Roth. Herman helped us fill out an 8606 and we thought the issue was resolved until we received yet another letter from the IRS asking us to pay an additional 10k for other issues they've found with our previous filings. For anyone who's ever been contacted by the IRS knows that it's like sitting on a blob of gum, almost impossible to get off once they're onto you. It was a very stressful and messy situation and Herman was extremely knowledgeable, patient and friendly. He really put our mind at ease and alleviated a very painful process. I have to take 1 star away because throughout the process Herman did make a huge mistake which ended up being very costly to us. He failed to let us know that we can recharacterize the money back to avoid paying an extra 2k. By the time I did my own research and learned about this, it was too late we had just missed the deadline. However I still highly recommend him above all other accountants/advisors because it was Herman's actions afterwards that really sets him apart from other accountants. He quickly took full responsibility, responded to all my emails very promptly and offered to refund our money. I didn't take the refund and instead proposed that he help us with other lingering items at no charge. After all he still saved us 8k!!! He did an excellent job thereafter including drafting letters on our behalf to the IRS. He is prompt, efficient, accurate and has the most friendly personality. I will continue to use Herman because he is an accountant/adviser you can trust. Trust and reliability superseded everything when it comes to ones finances. The only reason we are not using him fully for our taxes every year is because I like to maintain an understanding of my own finances before handing off to someone. read more

I have been doing my taxes as an individual and business with various CPAs for over 15 years. I have never had such an easy and flawless experience as with Herman. I was worried as I had been unhappy with my past 3 accountants, but I am so glad I took that chance. Everything was on time, exceptionally detailed, prompt and surprisingly easy, all considering that it was not a straight-up easy filing. Also, I got great advice and extremely pleasant personal interaction. I am not the type of person who gives a lot of complements. Best I can say is that I Highly, Highly recommend. read more

We went to this accountant last year based on all of the five star reviews but we had a bad experience and I feel obliged to write this review as a cautionary note to others. In our case, we paid Herman $700 to do our taxes last year (we were initially quoted $450 plus $25 per 1099 several times by his receptionist but in person he quoted us $50 per 1099..we had multiple 1099's). We were told to bring our past tax filings with us on our first meeting as well. Herman ended up telling us after our initial meeting that he believed our taxes for 2013 and 2012 were filed incorrectly. We paid him an additional $650 to refile our 2013 taxes because he said he could get us $7,000 back. He also said our 2012 taxes were filed incorrectly and he could refile that for us as well, which is when I started to get suspicious because, while we were not in love with our previous accountant, we did not think she was so grossly incompetent as to file our taxes incorrectly 2 years in a row. I did some research on the IRS website and found a discrepancy in the rationale he was giving us for refiling for 2012. I e-mailed him with what I found and he ended up apologizing and saying that the 2012 filing was actually filed correctly. After a few days, we got an e-mail with all the forms for review mentioning that while he still believed the 2013 filing was done incorrectly, we now stood to get only $759 back, not the original $7,000 he quoted us. Reading through the forms, we notice that there was also a clause at the bottom about the IRS potentially sending us a bill for interest charges, which he did not mention. I e-mailed him back saying that there was a huge difference between $759 and the $7,000 he had initially quoted and that considering we would be paying him $650 to refile, we would only be getting $100 back. I also asked him about the interest clause we found. I told him we were only going to refile if he could absolutely guarantee that we would not lose any money on the refiling (because that just doesn't make sense). He replied saying that the interest was not included in his calculation of $759 and made no mention of a guarantee. What that meant for him is he was making $650 on the refile in addition to the $700 we were paying him to file for 2014. What that meant for us is we would likely either be getting $0 back or we would owe the IRS money. Had we not been vigilant and had the wherewithal to double-check his work as well as to do our own homework (needless to say that's not why we hired a tax professional), we would have lost around $1,300 in refiling fees for 2012 and 2013 in addition to the $700 we were paying him to file for last year. That's $2,000 down the drain. By comparison, our previous accountant (who had many years of experience and also worked in Manhattan) was charging us $550 each year for the same amount of work. Herman did end up refunding us the $650 when we said we didn't want to refile for 2013 because it didn't make sense for us but it didn't ameliorate the feeling that we were being taken advantage of. Had we not had this negative experience last year, we would have hired an accountant again this year. Instead, we chose to file everything ourselves with tax software for small businesses (entering 1099's takes approximately one minute), which cost us only $60, was fairly straightforward, and came with excellent professional phone support, not to mention gave us a nice refund. read more

Herman redefines all the usual bad thoughts that accompany the word "accountant". He is easy to talk to, responsive, considerate, timely, professional, and overall a dream to work with. I think I've finally found my accountant for the rest of my life! Highly, highly recommended! read more

Slow to respond on inquiries. Guess too many raving reviews result in poor personal service and when he did respond he said he was too full to take more business. Going elsewhere. read more

I am relatively new to NYC and needed to find an accountant for personal income taxes. I had no leads for recommendations from friends or family in the area, so I reached out to this firm based in part on yelp recommendations. I figured I would pass along another good review in case anyone is in similar shoes. I had a great experience! Everything was done quickly, accurately and at a reasonable price. I highly recommend using Herman Yiu CPA. read more

So professional, helpful, honest and patient! My husband and I left feeling confident and informed. He's our new guy.

Herman has been my CPA for the last 5 years. I previously used random accounting firms in Flushing or Chinatown but I always felt that they were just grinding out returns without putting any attention to it. Herman actually educated me on line item deductions and took the time to explain to me what my options are. He is extremely knowledable, works proficiently and has very personable service. I have referred several family and friends to Herman over the years and never once received a complaint. read more

I thank the Tax Gods that I found Herman. I own my own marketing agency and also have a complex personal tax situation. I dread taxes and bookkeeping; however, Herman's pleasant attitude, calm mannerism, superior organizational skills and in-dept expertise makes it easy! He is always accessible and very responsive. You can't find many accountants like Herman in NYC. read more

I'm very happy that I've found him on Yelp. Herman is extremely knowledgeable and the whole process was crystal clear and efficient. Will definitely be returning here to file my 2014 taxes read more

While I'm generally suspect of strings of five-star reviews, Herman Yiu deserves the maximum rating! On the subject of taxes I am of medium sophistication, so I appreciated Herman's ability to break down some complicated points in a way that was comprehensible and left me feeling that my questions had been satisfactorily answered. Herman's rates are quite fair and more importantly straight-forward. He is friendly, professional and efficient. In 45 minutes, he thoroughly bucked my notion of what an accountant is like and what that relationship could and should be like. I'm pleased to offer Herman Yiu my unqualified recommendation! read more

Herman was great! He was knowledgeable, quick and very helpful. I will definitely be using his services again this tax season. I'm going to recommend him to all my friends in need of a good accountant! read more

Very knowledgable and approachable accountant. I've got a fairly complex tax situation this year, and Herman walked me through the best ways to track and manage all my relavent income and expenses. He took the time to understand my needs and answered all my questions. I walked away feeling confident instead of overwhelmed. read more

Herman is awesome; trust worthy, price is fair, and always try to do the right thing for you! Definitely recommend!

Herman is extremely good at finding the best way you should file and making sure you get the maximum rebate possible. I went to Herman instead of Turbo Tax because I had multiple states, multiple jobs and a lot of variables involved in my returns. He was very diligent with everything and took into account a number of things that TurboTax had initially overlooked. For all you TurboTax users out there. don't balk at Herman's higher fees, he more than makes up for it with his competence and his professionalism. He will get you a higher return which will end up being a better value proposition. He is also very accomodating. He met up with me on a weekend because I travel for work during the week. Last but not the least, he is a nice, friendly guy, someone you can trust your complex tax returns to. Support this awesome entrepreneur, you won't regret it!!! read more

If you are looking for someone to save you money on taxes, you have found the right person, Herman knows how to save your money up to the last cent!!! He is very professional, organized and careful with his work. You will definitely save more using him than doing turbo tax yourself, don't believe it? try it! it's the only way to find out! read more

in one sentence, Herman is Great! My employer mistakenly put my state with-helding in NC instead of NY and because of the time it took me to get the refund, i forgot to pay NY State tax for 2007. now it is 2011 and i got a bill for assesment from ny state with interest and penalty, not pretty. Called Herman up and He was very very patient in explanning what the best approach is to pay the least amount of money. He understood the entire situiation perfectly and had experience dealing with situiations like this. He took the time to explain everything in plain language so someone who has no tax knowledge like me feels very informed and comfortable taking the suggestions he gave. I strongly recommend him as an accountant and tax advisor! read more

Having just moved to NYC I needed an accountant to help me with my income tax filing since I have a few forms to fill out. Herman was very knowledgeable and patient in answering my questions. I never felt rushed during my consultation and he was able to take me step by step during the process. I will definitely be heading back to see him next tax season! read more

Herman is wonderful to work with - thoroughly professional, very personable and extremely efficient and reliable. He was really helpful to me when I came to him with some back taxes that needed to be filed, and has gotten me on track so that I never file for another extension again! He explains everything clearly and patiently and is very knowledgeable. Very highly recommended. read more

Mr. Yiu was very patient and professional in answering my questions about tax returns. He is a reliable and trustworthy accountant. I will take him as priority in doing my taxes in New York. read more

I can't recommend Herman enough for all your accounting needs. Not only is he reliable, he's trustworthy, knowledgeable, and prompt in getting the job done and done right. I'll be sure to have him do my taxes for me every year. read more

Herman is an excellent tax advisor. He listens well, provides useful analysis and actionable information, communicates very clearly, and does not overwhelm. I will absolutely come back to him again! read more

Herman was a great accountant for us. Unfortunately, we still have to pay but we really appreciated his attention to detail, answering all of our questions and trying to make the best of a not fun situation. We'll definitely work with Herman again next year! read more

Very good experience. Friendly, easy going, rates are reasonable for neighborhood. Herman answered my questions during our consultation (cost was applied to final bill) and offered advice on reducing tax costs for future. He also answered other questions that wife and I had later on (by phone and email). Great office staff. I will return next year. read more

Professional, courteous and informative. He may be busy, but that's because he takes his time reviewing everything and making sure he's covered it all. I'd take that over any accountant that's quick to rush you out the door.. If you can get in to see him, you won't get better service! read more

Herman and his firm have provided me with tax preparation and related tax counsel/advice for Federal and state tax returns from 2010 through 2014. He has been knowledgeable, reliable, efficient and demonstrated great integrity across the work he has done for me and my small business. He is also friendly and enjoyable to work with. I will continue to use Herman and his team for my tax needs and I highly recommend them. read more

Herman was personable, knowledgeable, efficient, and communicative. I sent him several questions and forms late in the process, which I'm sure could be annoying, but he was always responsive and gave very helpful explanations. He takes an interest in helping you understand issues, not just file paperwork. Well worth his fee, and I will be a return client this tax season. read more