HUH Associates, PC. FAQs
HUH Associates, PC. is a premier accounting firm led by Sanghoon (Lucas) Huh, CPA, a distinguished member of both the American Institute of Certified Public Accountants (AICPA) and the Pennsylvania Institute of Certified Public Accountants (PICPA). Founded in 2004 and based in Elkins Park, PA, the firm delivers expert tax and public accounting services backed by over two decades of professional excellence.
HUH Associates, PC. provides accounting services for governmental entities, corporations, non-profit organizations, for-profit organizations, small businesses, and individuals. The CPA team specializes in providing professional tax planning, full-Service Tax Preparation, Accounting, Bookkeeping, Payroll (Inhouse system and ADP payroll), Financial Business management, Computer Consulting, Quick Book and Xero Consulting for individuals and small business. In particular, they hold an ADP wholesaler contract, which allows us to manage payroll more efficiently through a direct connection with ADP.
HUH Associates, PC. Is located in Elkins Park, Pennsylvania.
HUH Associates, PC. provides comprehensive tax services for businesses of all sizes, ranging from micro and small businesses to mid-sized companies and large enterprises. We also assist with a wide variety of tax filings required at the federal, state, and local levels, as well as internal accounting and compliance support for businesses. For those starting a small business for the first time, we offer end-to-end services from entity formation consulting and tax-saving strategies to payroll services and business tax return preparation to help ensure a smooth and compliant start.
Absolutely. HUH Associates, PC. offers remote consultations via phone (215-635-5559) and email (huhcpas@gmail.com), allowing clients to work with us conveniently without visiting our office in person.
HUH Associates, PC provides a full range of services including individual and business tax preparation, payroll services, tax consulting, and business formation advisory services.
You can contact HUH Associates, PC. by phone (215-635-5559), email (huhcpas@gmail.com) to schedule a consultation or request services.
Yes, we do. We prepare tax returns and offer consulting according to the tax laws of states other than PA. You can consult with us by phone or email without needing to visit in person.
Absolutely. HUH Associates, PC. works with startups and newly formed businesses to set up accounting, payroll, tax compliance, and provide ongoing advisory support.
Yes. HUH Associates, PC. helps clients respond to IRS and state tax notices and provide guidance to resolve tax-related issues efficiently and accurately.
Yes. HUH Associates, PC. can assist with multi-state tax filing requirements, including determining state filing obligations, allocating income among multiple states, and ensuring compliance with each state’s tax laws. This is especially helpful for individuals and businesses with income, operations, or payroll in more than one state.
General FAQs
Yes. A CPA is authorized to represent taxpayers before the Internal Revenue Service (IRS). If you receive an IRS notice or are selected for an audit, a CPA can act on your behalf by reviewing the notice, preparing and organizing required documentation, communicating directly with the IRS, and responding to inquiries in a timely and professional manner.
Working with a CPA helps ensure that your case is handled accurately and efficiently, reduces stress, and minimizes the risk of errors or unnecessary penalties. For most IRS notices and audit matters, a CPA can provide comprehensive representation. If a case escalates to litigation or tax court, we will coordinate with a tax attorney as needed to ensure you receive full support.
Working with a CPA helps ensure that your case is handled accurately and efficiently, reduces stress, and minimizes the risk of errors or unnecessary penalties. For most IRS notices and audit matters, a CPA can provide comprehensive representation. If a case escalates to litigation or tax court, we will coordinate with a tax attorney as needed to ensure you receive full support.
Yes. A CPA can assist small businesses with state and local sales tax registration, filings, and payments, as well as installment payment plan applications and ongoing communication with tax authorities. If a state sales tax audit occurs, CPA can provide comprehensive support, including audit preparation, organization of records, communication with auditors, explanations of transactions, and administrative assistance with audit findings or appeals.
In particular, small businesses with limited internal accounting systems may face greater challenges with sales tax compliance and audits. In such cases, working with a CPA allows businesses to prepare more thoroughly and manage the process in a structured and professional manner.
In particular, small businesses with limited internal accounting systems may face greater challenges with sales tax compliance and audits. In such cases, working with a CPA allows businesses to prepare more thoroughly and manage the process in a structured and professional manner.
For partnerships and S corporations, tax returns must be filed by March 15 each year. For individuals, the filing deadline is April 15. If you miss the deadline, you should file the required tax return (such as Form 1040 or Form 1120-S) as soon as you become aware of the delay.
If you know in advance that you will not be able to meet the filing deadline, you may request an extension by submitting Form 4868. With an approved extension, the filing deadline is extended to September 15 for partnerships and S corporations, and to October 15 for individuals.
However, please note that an extension applies only to the filing deadline, not the tax payment deadline. Late filing may result in penalties, which can range from approximately 5% to 25% of the unpaid tax per month. Even if you are unable to pay the full amount, making a partial payment can help reduce penalties and interest. Working with a CPA can help you explore options to reduce penalties and interest, accurately estimate your tax liability in advance, and ensure timely payments whenever possible.
If you know in advance that you will not be able to meet the filing deadline, you may request an extension by submitting Form 4868. With an approved extension, the filing deadline is extended to September 15 for partnerships and S corporations, and to October 15 for individuals.
However, please note that an extension applies only to the filing deadline, not the tax payment deadline. Late filing may result in penalties, which can range from approximately 5% to 25% of the unpaid tax per month. Even if you are unable to pay the full amount, making a partial payment can help reduce penalties and interest. Working with a CPA can help you explore options to reduce penalties and interest, accurately estimate your tax liability in advance, and ensure timely payments whenever possible.
Yes. U.S. taxpayers (including U.S. citizens and resident aliens who live abroad for the full tax year) are required to report all income earned worldwide, including income from work, business activities, investments, and other sources earned outside the U.S. on their U.S. tax return. However, in some cases you may qualify for the Foreign Earned Income Exclusion (FEIE), which allows you to exclude a portion of your foreign-earned income from U.S. tax if you meet certain requirements and file Form 2555. It’s a good idea to review your situation and discuss your filing strategy with a CPA to determine the best approach.
Yes. U.S. taxpayers who have foreign financial accounts such as bank accounts, brokerage accounts, or other financial assets outside the U.S. whose aggregate value exceeded $10,000 at any time during the year must electronically file an FBAR (FinCEN Form 114) to report these accounts to the Treasury Department. Failure to file can lead to substantial penalties.
To file your federal tax return, gather all relevant income records (like W-2s and 1099s), identification information, proof of deductions and credits (such as receipts, mortgage interest, tuition, etc.), and any supporting documents for additional schedules you’ll file. The exact set depends on your income and situation.
In the U.S., small businesses commonly choose from the following business structures: sole proprietorship, partnership, limited liability company (LLC), and corporation (including both S corporations and C corporations). Each structure has different implications for tax reporting and legal responsibilities, and changing your business type later can be complicated. It’s important to choose carefully and consider tax consequences from the start. Consulting a CPA for professional guidance during the formation process can help you avoid potential issues and make the best decision for your business.
Yes. Social Security benefits can be taxable at the federal level depending on your combined income. Up to 85% of your benefits may be included in taxable income if your total income exceeds certain thresholds.
To qualify for the PA EITC, you must first meet the federal Earned Income Tax Credit (EITC) eligibility rules: you need earned income, a valid Social Security number, and your adjusted gross income and investment income must be below certain limits. PA EITC is generally a state credit equal to a percentage of your federal EITC.
No. Overtime pay is generally taxable and subject to federal income tax, as well as Social Security and Medicare taxes. Recent law changes provide a temporary federal income tax deduction for qualified overtime pay for certain taxpayers (tax years 2025–2028), but overtime is not completely tax-free.
