Hy Appelbaum CPA

Hy Appelbaum CPA

Reviews Summary

Overwhelmingly positive reviews highlight Hy Appelbaum as a highly professional, knowledgeable, and responsive CPA with decades of experience. Clients praise his expertise in personal and business taxes, timely service, and ability to maximize deductions. Many long-term clients (20+ years) commend his reliability, personalized attention, and friendly demeanor. A few negative reviews cite high fees or dissatisfaction with service quality, but the vast majority recommend him enthusiastically for his thoroughness, accuracy, and exceptional customer care.

About This Listing

Bookkeeping
Accounting
Business Consulting
Financial Statements
Payroll
Tax Preparation
Tax Planning
IRS Representation
Financial Advisory
Estate and Trust Tax
International Tax
Small Businesses
High-net-worth Individuals
Individual Taxpayers
Real Estate
Construction
Professional Services
QuickBooks
State-Specific Experience
Multi-state Experience

Who Can Work with a CPA?

Individuals seeking tax prep, retirement planning, or financial advice
Small business owners needing bookkeeping, payroll, or tax compliance
Freelancers and contractors with 1099 income or complex returns
Couples planning finances together or managing joint returns
Investors with capital gains or rental property income
Anyone looking for year-round financial guidance and peace of mind

*Note: CPAs may specialize in different areas. Be sure to check credentials and service offerings.*

First-Time Clients

If this is your first time working with a CPA, don’t worry — most professionals offer a free consultation and will walk you through what to expect. You may be asked to complete an intake form, share financial documents, or set clear goals for your session.

What to Know Upfront:

Documentation Bring your most recent tax returns, income details, and any financial concerns
Availability Appointments fill up quickly during tax season — book early if possible

*Note: Every CPA operates a bit differently. Don’t hesitate to ask questions before committing.*

What to Bring

Government-issued ID for verification
Tax documents (W-2s, 1099s, investment summaries, etc.)
Receipts or logs for deductible expenses, donations, or mileage

*Tip: Organize your documents in advance to save time and ensure accuracy.*

Preparing for Your Appointment

Write down any financial goals or questions in advance
Check if your CPA offers virtual sessions or document uploads
Bring a notebook or use a notes app for key takeaways
Know your deadlines for filing, payments, or compliance

*Note: Preparation helps you make the most of your CPA’s expertise.*

How to Get Started

Use our directory to find highly reviewed CPAs near you. Reach out directly to schedule your consultation.

Other Helpful Info

Many CPAs offer both in-person and remote consultations
Fees may be flat-rate, hourly, or based on service complexity
Some CPAs specialize in industries like healthcare, real estate, or tech
Check for client reviews and credentials (CPA license, EA, etc.)

*Note: Every CPA is different — take time to find one who fits your goals and style.*

Features

Bookkeeping
Accounting
Business Consulting
Financial Statements
Payroll
Tax Preparation
Tax Planning
IRS Representation
Financial Advisory
Estate and Trust Tax
International Tax
Small Businesses
High-net-worth Individuals
Individual Taxpayers
Real Estate
Construction
Professional Services
QuickBooks
State-Specific Experience
Multi-state Experience

Contact Information

Address

1704 NJ-27

Edison, New Jersey 08817

Hours

Sunday Closed
Monday 8:30AM-6:30PM
Tuesday 8:30AM-6:30PM
Wednesday 8:30AM-6:30PM
Thursday 8:30AM-6:30PM
Friday 8:30AM-6:30PM
Saturday Closed

Customer Reviews

Not long ago, my tax accountant had retired, so this year I had to search for another tax accountant. I decided to use the services of Hy Appelbaum. At first, I was a little apprehensive because this was someone new with different practices and procedures. But my concerns were quickly dispelled. Hy was very professional and knowledgeable and, also, very focused and well organized. From the information that I had given him via documents and verbal communication, Hy was able to quickly assess my situation. H

Hy is an excellent accountant. He has filed our income taxes for the last 10 years; prior to that we were doing our own taxes with TurboTax and probably missing opportunities to maximize our deductions and improve our returns. Hy is not only a great accountant but he is a very nice person, he will always respond to your calls and emails and explain things to you. He is also a great value. Go see Hy and tell him Dinah and Juan sent you. ??

I used to work for a massage franchise and used an accountant in the area. The previous accountant was good at personal taxes but when I opened up The Serene Spa in Highland Park last year I needed a highly experienced accountant who dealt with personal and business. I found Hy and Moshe based off on their wonderful reviews online. Not only has Hy found issues that my previous accountant didn?t do, he listened to all my concerns and phone calls. Hy patiently showed me all of the steps I need to do for the b

Hy Appelbaum has been our CPA for the past 4 years. Hy is knowledgeable and responsive, and he has provided valuable tax services that has helped our business. Hy's communication skills are top-notch and he always gets back to me in a timely manner. It is relieving to have such an exceptional accountant on our team.

I have been doing business with Hy for almost 20 years. He handles both my personal and business taxes. Always meets critical deadlines and is super professional. Not to mention, he is just an awesome person to know. I highly recommend using Hy for your Tax service needs.

Hy has been our accountant for several years. He is an outstanding accountant and our tax filings are handled quickly and efficiently. His staff and associates have also been incredibly helpful. Highly recommended!!

I had a great experience with Hy. He is truly an expert in what he does, and his vast knowledge is evident in the diligent tax preparation he does. He is always available and is responsive. I had an earlier deadline to get my tax return done, and he got it done in time for me despite being so busy. He was able to get me the biggest credit which I am pretty sure I would not have gotten if someone else prepared my taxes. Work with him, as you are getting the best, and will not be disappointed.

I have been a client of Hy Appelbaum for almost 29 years. He has provided both professional and personal tax services for me. He has always provided excellent , informative and accurate service. Hy is a pleasure to work with and can handle pretty much anything you bring his way pertaining to your tax situation!

Horrible experience for a significantly expensive fee and did not do the work. I provided all of my information at the end of Feb and left $300 retainer. Fee was $950 totaI. I followed up work weekly to see if more information from my end is needed to complete the tax return but every time the answer I got was we?re still working on it. Lots of time they said they?d call me back but that didn?t happen. I emailed follow-up too but rarely they replied. The only thing happened eventually was I ended up losing

Hy is a pleasant guy but his services cost more than 3x what I was charged elsewhere for last minute filing. We had to pay more on taxes when we worked with him. My current accountant just flipped who of the two of us was as head of household and we saved 2 grand. If you've got extra money you can continue to go to Hy and you'll have an honest, pleasant accountant but if you want to save money go elsewhere.

I have been a client of Hy Appelbaum, CPA for well over two decades. In these years the principal agent Hy Appelbaum has been very flexible, understanding, and competent. As a result, I have paid my fair share of taxes. My taxes have not been easy, I own 2 corporations in different states and for 9 years I was a certified government contractor, with very specific financial reporting requirements. During lean times Hy has been very understanding and flexible with my payment schedule and has always made h

I have been a client of this firm for more than 25 years, both personally and as CEO of my own company. My experience has always been positive, and Mr Appelbaum's knowledge of tax law, including corporate and individual, multiple state filing, and tax planning, is exceptional. Even when filing deadlines are looming, he always responds to each client's needs personally. His staff is experienced and thorough. I must say it is a pleasure to work with this firm.

I lived in NJ for a brief period about 7 years ago during tax season and I found Hy. He is extremely professional, thorough and dependable that I have continued to use him even after moving out of state. I highly recommend.

Hy and his team have serviced our tax needs for over 23 years! Initially, he helped my repatriation and its complexity dealing with foreign taxes in moving back to USA, multiple states and countless tax related events in our life. His professionalism is manifested through his responsiveness and great work.

Mr. Appelbaum has added great value to both my personal and business portfolios by providing me with realistic estimates to pay my tax bill. His office staff have been highly cooperative and responsive in meeting my financial needs. Thumbs Up!!

Hy Appelbaum is a great CPA. He is extremely informative and attentive. If I have a question he responds right away and is very knowledgeable. I actually moved out of state and still continue to use his tax services.

I have used Hy AppelBaum Cpa for many years and I have to say what a wonderful experience it has been to do business with Hy AppelBaum. He looks after your business and guides you through what ever situation you maybe in. Hy has a lot of knowledge and expertise and always gives great advice. Hy and his staff are really nice, its like a family atmosphere when ever you walk into the office. I would highly recommend Hy AppelBaum to my family and friends. Jerry White/Owner Extreme Team Construction

I had my taxes done a couple of years ago and to this day has made me sick. A basic 1099 and I could have done it myself but wanted to make sure I did everything properly. I asked his staff several times what the cost would be to do the work. And nothing. Even when I went in I asked the staff again and then him. And he avoided by asking me questions about my taxes and about 10 minutes in he said I owe him $750.00 for that. It was done as I said it was basic. And then he proceeded to ask if I had cash. I sai

Hy has been our accountant for many years. We would recommend his services to anyone looking for a top notch CPA.

Hy is highly knowledgeable and will advise you with any information that is beneficial for you. He answers any questions you may have and submits all paperwork in a timely manner. Hy is very thorough with his work. I would recommend him for financial consulting.

4 yaers a go friend o my had taxes problems Hy Appelbaum CPA help hem to solve the problems with his LLC. 4 years with theme no problems, Hy has to be good.

I've worked with Mr. Appelbaum for a number of years. He is always professional and very thorough. I always feel that my accounts are safe and well managed in his hands.

If you need a really really good cpa he's your guy. He'll help you out with your IRS problem. He's really a go to CPA in the clutch. He truly like Jordan in the 4th clutch. Also wanted to mention he's a great guy.

Hy Appelbaum has been my accountant for 25 years, and has always delivered expedient, accurate and professional service. I highly recommend.

Hy literally charged me double for my taxes this year. As a small business owner it's just not affordable to use him.

Hy is a very good.He does fantastic work I want to his office the first time not knowing what to expect and he very helpful, I am very happy,

Hy has been our accountant for my pharmacy for 30+ years! He and his staff are SO HELPFUL with everything! Couldn't ask for better service!!!

Hy is very knowledgeable & helpful in resolving issues. .Paperwork is promptly completed & accurate. You feel comfortable working with him.

Hy Appelbaum is one of the best CPA in the business, great professional and a very good man .

The absolute best! He has been doing my taxes for years and he is truly a blessing.

Hello, I am Butchibabu. Mr. Hy Appelbaum is our CPA and he is very Knowledgeable & Courteous.

Hy has been very helpful and we are very confident in his handling of our account.

EXCELLENT ACCOUNTANT HAS DONE MY TAXES FOR 30 YEARS QUALITY VERY PROFESSIONAL

Went for tax consultation. Didn't have the knowledge nor gave any valuable advise.

Took Care of My Filling

Helped so much thank you

Frequently Asked Questions

What qualifications should I look for in a CPA?

Look for a Certified Public Accountant (CPA) license, which ensures they’ve passed rigorous exams and meet state requirements. Check for relevant experience in your industry, additional certifications like CFA or CMA, and membership in professional organizations like the AICPA. Verify their credentials through state licensing boards.

How do I find a CPA in my area?

Use online directories like the AICPA, CPAverify, or state CPA societies. Search platforms like Yelp or Google for local CPAs with reviews. Ask for referrals from business associates, friends, or financial advisors. Local chambers of commerce can also provide recommendations.

What’s the difference between a CPA and an accountant?

A CPA is a licensed professional who has passed the CPA exam and met state requirements for education and experience. An accountant may lack this certification and could have varying levels of expertise. For complex tasks like tax audits or financial reporting, a CPA is typically more qualified.

How do I know if a CPA specializes in my needs?

Ask about their experience with your specific financial needs, such as tax preparation, small business accounting, or estate planning. Review their website or LinkedIn for case studies or client testimonials. Inquire about their client base to ensure they handle similar financial situations.

Should I check a CPA’s reviews before hiring?

Yes, reviews provide insight into a CPA’s reliability, communication, and performance. Check platforms like Google, Yelp, or the Better Business Bureau for client feedback. Look for patterns in reviews, but verify their authenticity, as some may be biased or outdated.

How can I verify a CPA’s license?

Visit your state’s Board of Accountancy website or use CPAverify.org to check a CPA’s license status. Confirm their license is active and check for any disciplinary actions or complaints. This ensures they’re in good standing and meet professional standards.

What questions should I ask during a CPA consultation?

Ask about their experience with your financial needs, fee structure, availability, and communication style. Inquire how they handle tax filings, audits, or financial planning. Ask for references or examples of similar work to assess their expertise and fit.

How much should I expect to pay for a CPA’s services?

Fees vary based on location, services, and complexity. Basic tax preparation may cost $150-$500, while business accounting or audits can range from $1,000 to $10,000+. Request a detailed fee structure upfront and compare quotes from multiple CPAs.

Can I work with a CPA remotely?

Yes, many CPAs offer remote services through secure online platforms for document sharing and virtual consultations. Ensure they use encrypted tools for data security. Remote CPAs can be effective if they understand your local tax laws or business regulations.

How do I assess a CPA’s communication skills?

During consultations, evaluate their ability to explain complex financial concepts clearly. Ask sample questions about taxes or financial strategies and note their responsiveness and clarity. Good communication ensures you understand their advice and fosters a productive relationship.

What red flags should I watch for when screening a CPA?

Beware of CPAs who guarantee specific tax refunds, lack a valid license, or have disciplinary actions on record. Avoid those with poor communication, vague fee structures, or negative reviews highlighting unethical behavior. Always verify their credentials independently.

Should I choose a CPA from a large firm or a solo practitioner?

Large firms offer more resources and specialized teams but may charge higher fees. Solo practitioners often provide personalized service and lower costs but may have limited availability. Choose based on your needs, budget, and preference for personalized attention.

How often should I meet with my CPA?

For individuals, annual meetings for tax preparation may suffice. Businesses may need quarterly or monthly check-ins for bookkeeping, tax planning, or financial reporting. Discuss your needs upfront to establish a meeting schedule that aligns with your financial goals.

Can a CPA help with both personal and business finances?

Yes, many CPAs handle both, but confirm their expertise in both areas. Ask about their experience managing personal taxes and business accounting simultaneously. Ensure they can balance both without compromising attention to your specific financial needs.

What should I do if I’m not satisfied with my CPA?

Discuss concerns directly with your CPA to resolve issues. If unresolved, check your contract for termination terms. Seek a new CPA by researching reviews, credentials, and referrals. Request your financial records to ensure a smooth transition to a new professional.

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