Business Page
Basit Siddiqi CPA
Tax & Financial Services
4.8 stars
80 Reviews
Markets served
Nationwide
Licenses, Designations or Certificates
CPA License
About us
Basit Siddiqi CPA is a nationwise Tax firm that specializes in working with Real Estate Investors, Syndicators, Agents and other similar professionals. We provide tax preparation along with consulting services to provide assurance that you are paying the least amount in taxes.
Specialties
Tax & Accounting
Tax planning & strategy
Accounting
Bookkeeping
Tax prep & filing
RE Professional Status
Syndication Taxes
Cost Segregation
STR Loophole
MultiState Taxes
1031 Exchange
Business Taxes
Reviews (80)
4.8 stars
80 Reviews
4.8 stars
79 Reviews
1.0 star
1 Review
1.0 star
a week ago
Reviewed by
Luke Loreti
Basit helped me prepare my taxes in 2022 and 2023 successfully.
Since then he has completely ghosted me. When I tried to access old documents we had worked on together, our shared vault had been closed, leaving me without access. Very dissappointing experience.
2.0 stars
4 months ago
Reviewed by
Rhett James
Basit handled my taxes for several years, and I found him to be knowledgeable. Unfortunately, my recent experiences have been very different.
Despite multiple assurances, he missed my tax filing deadline. Communication became extremely difficult—I often had to make repeated calls just to get updates, and promises to follow up rarely happened. I also discovered he had moved to Texas without notifying me, despite serving as my Power of Attorney for tax matters.
Things became even more concerning during my IRS examination. He joined one call with noticeably slurred speech, failed to appear for a scheduled meeting with the IRS Appeals Agent, and has still not provided the promised documentation.
While I appreciate the work he did in the past, I can no longer recommend his services. Technical knowledge alone isn't enough when deadlines, communication, and reliability are this important.
3.0 stars
7 months ago
Reviewed by
Mahmoud Farraj
To start, I want to say that Basit is a very knowledgeable and talented accountant. He clearly has a strong understanding of tax matters, and I don’t want to take anything away from his expertise.
That said, my experience over the past couple of years was challenging from a responsiveness and timing standpoint. There were frequent and significant delays in communication and deliverables. While I completely understand that tax season can be extremely busy for accountants, many of these delays occurred well outside of peak filing season.
There were several occasions where I had to follow up multiple times—sometimes five to ten emails, texts, or calls—before receiving a response, even for relatively minor updates such as status checks or basic questions. Unfortunately, this made it difficult to stay on top of important timelines.
I do appreciate the work he’s done for me over the years. However, based on my experience, I would recommend that anyone who values consistent communication or may benefit from a more structured support system consider working with a larger firm or a team-based practice. Basit appears to operate largely as a one-person operation, and while he is clearly skilled in the technical side of accounting, the operational side can be difficult at times.
Overall, I wish him the best and appreciate the help he’s provided in the past.
5.0 stars
11 months ago
Reviewed by
Ryan Svedin
Basit Siddiqi is an absolute professional and a lifesaver for my personal taxes. I came to him with a complex situation involving my short-term rental property and a lot of confusing questions. Basit was phenomenal. He was able to immediately dig into my situation, answer every question, and laid out a clear strategy for maximizing my deductions. He has saved me thousands!!!! I now have total peace of mind and feel like I'm finally on the right financial track. Highly, highly recommend.
1.0 star
over 1 year ago
Reviewed by
Rene M.
My experience with Basit has been horrible. We did a successful return last year in September and this year all requested documents were submitted by March 14th. He asked for a few days. I reached out on 3/31 and he apologized on 4/2 and promised to have the return finished in 48 hours.
Again no response till 4/8 despite 2 follow ups, where he asked for 2 more hours to finish. It is now 4/11 and I have not received any feedback nor direction as to if he plans to finish the return, nor guidance to make make IRA contributions in time. Extremely unprofessional. I would not recommend working with him.
5.0 stars
a year ago
Reviewed by
Ed Kosiec
Basit has been an asset for my tax returns/planning. Very knowledgeable about real estate and is easy to work with. Would recommend to anyone looking for a CPA.
1.0 star
over 1 year ago
Reviewed by
Rene M.
My experience with Basit has been horrible. We did a successful return last year in September and this year all requested documents were submitted by March 14th. He asked for a few days. I reached out on 3/31 and he apologized on 4/2 and promised to have the return finished in 48 hours.
Again no response till 4/8 despite 2 follow ups, where he asked for 2 more hours to finish. It is now 4/11 and I have not received any feedback nor direction as to if he plans to finish the return, nor guidance to make make IRA contributions in time. Extremely unprofessional. I would not recommend working with him.
1.0 star
a week ago
Reviewed by
Luke Loreti
Basit helped me prepare my taxes in 2022 and 2023 successfully.
Since then he has completely ghosted me. When I tried to access old documents we had worked on together, our shared vault had been closed, leaving me without access. Very dissappointing experience.
2.0 stars
4 months ago
Reviewed by
Rhett James
Basit handled my taxes for several years, and I found him to be knowledgeable. Unfortunately, my recent experiences have been very different.
Despite multiple assurances, he missed my tax filing deadline. Communication became extremely difficult—I often had to make repeated calls just to get updates, and promises to follow up rarely happened. I also discovered he had moved to Texas without notifying me, despite serving as my Power of Attorney for tax matters.
Things became even more concerning during my IRS examination. He joined one call with noticeably slurred speech, failed to appear for a scheduled meeting with the IRS Appeals Agent, and has still not provided the promised documentation.
While I appreciate the work he did in the past, I can no longer recommend his services. Technical knowledge alone isn't enough when deadlines, communication, and reliability are this important.
3.0 stars
7 months ago
Reviewed by
Mahmoud Farraj
To start, I want to say that Basit is a very knowledgeable and talented accountant. He clearly has a strong understanding of tax matters, and I don’t want to take anything away from his expertise.
That said, my experience over the past couple of years was challenging from a responsiveness and timing standpoint. There were frequent and significant delays in communication and deliverables. While I completely understand that tax season can be extremely busy for accountants, many of these delays occurred well outside of peak filing season.
There were several occasions where I had to follow up multiple times—sometimes five to ten emails, texts, or calls—before receiving a response, even for relatively minor updates such as status checks or basic questions. Unfortunately, this made it difficult to stay on top of important timelines.
I do appreciate the work he’s done for me over the years. However, based on my experience, I would recommend that anyone who values consistent communication or may benefit from a more structured support system consider working with a larger firm or a team-based practice. Basit appears to operate largely as a one-person operation, and while he is clearly skilled in the technical side of accounting, the operational side can be difficult at times.
Overall, I wish him the best and appreciate the help he’s provided in the past.
5.0 stars
11 months ago
Reviewed by
Ryan Svedin
Basit Siddiqi is an absolute professional and a lifesaver for my personal taxes. I came to him with a complex situation involving my short-term rental property and a lot of confusing questions. Basit was phenomenal. He was able to immediately dig into my situation, answer every question, and laid out a clear strategy for maximizing my deductions. He has saved me thousands!!!! I now have total peace of mind and feel like I'm finally on the right financial track. Highly, highly recommend.
5.0 stars
a year ago
Reviewed by
Ed Kosiec
Basit has been an asset for my tax returns/planning. Very knowledgeable about real estate and is easy to work with. Would recommend to anyone looking for a CPA.