Welcome To Merchan & Son Brokerage
Merchan & Son Brokerage is committed to delivering high-quality service and complete customer satisfaction. We offer our clients the most competitive insurance rates along with tailored coverage to meet their individual needs. In addition to insurance services, we also provide expert business income tax preparation and bookkeeping solutions.
Our team is bilingual in English and Spanish, licensed by the New York State Department of State, and certified by the Internal Revenue Service. With a strong dedication to professionalism and personalized support, we strive to exceed your expectations every step of the way.
Commercial Insurance
Commercial Insurance is a broad term that encompasses various types of coverage designed to protect businesses from potential risks and liabilities. This type of insurance helps safeguard a company’s operations, assets, employees, and financial stability against unforeseen events. Common examples include General Liability, Workers’ Compensation, Commercial Property Insurance, and Commercial Auto Insurance.
Depending on the selected commercial coverage lines, commercial insurance plays a vital role in ensuring the continuity, safety, and financial well-being of a business.
Taxi & BlackCar Insurance
If you operate a vehicle for hire—whether as a taxi or black car service—protecting yourself and your business is essential. At Merchan & Son Brokerage, we offer specialized insurance coverage tailored for professional drivers. Our policies are designed to cover liabilities arising from accidents, including injuries to passengers and damage to third parties.
Get a free quote today and let us help you secure the coverage that fits your specific business needs.
Commercial Property Insurance
Commercial property insurance safeguards your business’s physical assets—including equipment, inventory, and buildings—against damage or loss caused by events such as fire, explosions, burst pipes, storms, theft, and vandalism.
This coverage helps cover the cost of repairs or replacement when your business experiences property damage. Please note that standard policies typically exclude earthquakes and floods unless these risks are specifically added as endorsements.
Protect your business investment with tailored coverage that keeps your operations secure and resilient.
Commercial Auto Insurance
Commercial auto insurance provides essential coverage for vehicles used in the course of business operations. Whether you own a single work vehicle or a fleet, this policy protects against liability for bodily injury, property damage, and medical payments resulting from accidents involving your commercial vehicles.
It also offers optional coverage for vehicle damage due to collisions, theft, vandalism, and other risks. At Merchan & Son Brokerage, we tailor commercial auto insurance policies to meet the unique needs of your business—keeping your drivers, vehicles, and operations protected and compliant with New York State regulations.
Business Liability Insurance
Business liability insurance—also known as general liability insurance—helps protect your company from financial losses due to claims of bodily injury, property damage, personal injury, or advertising injury. This coverage is essential for safeguarding your business against lawsuits, legal fees, and potential settlements or judgments.
At Merchan & Son Brokerage, we offer customized liability insurance solutions tailored to the nature and size of your business. Whether you operate a small startup or a growing enterprise, we ensure you have the protection needed to run your business with confidence and peace of mind.
Business Owners Policy (BOP)
A Business Owners Policy (BOP) combines essential coverages into one convenient and cost-effective package, typically including general liability insurance and commercial property insurance. This policy is designed specifically for small to mid-sized businesses, providing protection against common risks such as property damage, business interruption, and third-party liability claims.
At Merchan & Son Brokerage, we tailor BOPs to meet the specific needs of your business, ensuring comprehensive coverage that supports growth, stability, and long-term success, all while saving you time and money.
Worker’s Compensation Insurance
Workers’ Compensation Insurance is essential for protecting both your employees and your business. It provides coverage for medical expenses, lost wages, and rehabilitation for employees who experience work-related injuries or illnesses. It also helps protect employers from legal liability arising from workplace accidents.
At Merchan & Son Brokerage, we offer customized workers’ compensation solutions that meet New York State requirements and ensure your business remains compliant, secure, and committed to employee well-being.
Disability Insurance
Disability insurance provides income protection for employees who are unable to work due to a non-work-related illness or injury. In New York State, short-term disability coverage is mandatory for most employers, offering partial wage replacement during recovery periods.
At Merchan & Son Brokerage, we help businesses stay compliant with state regulations by offering reliable disability insurance solutions. Our goal is to ensure both employers and employees have the financial support and peace of mind needed during challenging times.
Professional Liability (Errors & Omissions)
Professional Liability Insurance—also known as Errors & Omissions (E&O) Insurance—protects your business against claims of negligence, mistakes, or failure to deliver professional services as promised. This coverage is essential for professionals such as consultants, accountants, real estate agents, and other service providers.
At Merchan & Son Brokerage, we offer tailored E&O insurance policies that help safeguard your reputation and finances in the event of lawsuits, legal fees, or damages. Ensure your business is protected against the unexpected with the right professional liability coverage.
Personal Insurance
At Merchan & Son Brokerage, we are dedicated to offering expert advice and dependable personal insurance solutions tailored to your unique needs. Our goal is to protect what matters most—your home, your family, and your future—with comprehensive coverage and personalized service you can trust.
Auto Insurance
At Merchan & Son Brokerage, we focus on providing reliable auto insurance coverage that meets the financial responsibility requirements of New York State—at the most competitive rates. Our policies include protection for medical expenses, property damage, and liability in the event of a lawsuit resulting from an accident, including those involving uninsured drivers.
You can also opt for additional coverage to protect your vehicle against physical damage caused by at-fault accidents, vandalism, fire, theft, and more.
Homeowners Insurance
Homeowners insurance protects your home, personal belongings, and financial future from unexpected events such as fire, theft, vandalism, and certain natural disasters. It also provides liability coverage in case someone is injured on your property.
At Merchan & Son Brokerage, we offer personalized homeowners insurance solutions to fit your unique needs and budget. Whether you’re buying your first home or looking to upgrade your current coverage, we’ll help you secure the protection and peace of mind you deserve.
Life Insurance
Life insurance is a vital part of financial planning, providing security and peace of mind for you and your loved ones. It helps ensure your family is financially protected in the event of your passing by covering expenses such as funeral costs, debts, and ongoing living expenses.
At Merchan & Son Brokerage, we offer a range of life insurance options, including term life, whole life, and universal life—tailored to fit your goals, lifestyle, and budget. Let us help you create a plan that protects what matters most.
Condo Co-op & Rental Insurance
Protect your home and belongings—whether you own a condo, live in a co-op, or rent an apartment. At Merchan & Son Brokerage, we offer tailored insurance solutions to meet the unique needs of condo owners, co-op residents, and tenants.
Our policies cover personal property, liability protection, additional living expenses due to covered losses, and improvements or upgrades made to your unit. We help ensure you’re protected from unexpected events like fire, theft, or water damage—at rates that fit your budget.
Taxation & Finances
At Merchan & Son Brokerage, our Income Tax Services are designed to make filing your tax returns smooth, accurate, and stress-free. Backed by extensive experience and in-depth knowledge of tax regulations, we are committed to delivering reliable, personalized support. Our dedication to your financial well-being goes far beyond just filing—we’re here to guide you every step of the way.
Business Income Tax
All businesses are required to file an annual income tax return, depending on their legal structure. At Merchan & Son Brokerage, we provide expert assistance in filing all types of business income tax forms, along with comprehensive bookkeeping services.
Our clients benefit from a high level of proficiency and personalized attention, ensuring effective and compliant tax management. We are authorized by both the Internal Revenue Service (IRS) and the New York State Department of Taxation and Finance to assist with business income tax filings.
Personal Income Tax
Filing your personal income tax can be complex but it doesn’t have to be. At Merchan & Son Brokerage, we simplify the process with expert tax preparation services tailored to your financial situation. Whether you’re an employee, self-employed, or have multiple income sources, we ensure accurate filing, maximize your eligible deductions and credits, and help you stay compliant with both federal and state tax laws.
Our team is certified by the IRS and the New York State Department of Taxation and Finance, offering bilingual support in English and Spanish to better serve our diverse community.
Obtain Your (ITIN) (Individual Taxpayer Identification Number)
If you’re not eligible for a Social Security Number but need to file a U.S. tax return, you’ll need an ITIN (Individual Taxpayer Identification Number). At Merchan & Son Brokerage, we guide you through the entire ITIN application or renewal process, ensuring your documents are accurate, complete, and submitted correctly to the IRS.
Whether you’re filing taxes, claiming dependents, or opening financial accounts, we make it easy to obtain your ITIN with personalized, bilingual assistance in English and Spanish.
Payroll Services
Managing payroll can be time-consuming and complex, but it doesn’t have to be. At Merchan & Son Brokerage, we offer reliable and accurate payroll solutions for small and medium-sized businesses. Our services include wage calculations, tax withholdings, direct deposits, year-end reporting, and compliance with federal and New York State labor laws.
Whether you have a few employees or an entire team, we streamline your payroll process so you can focus on running your business. Trust our experts to handle your payroll with precision, professionalism, and personalized support.
Bookkeeping Services
Accurate bookkeeping is the foundation of every successful business. At Merchan & Son Brokerage, we provide dependable bookkeeping services that help you stay organized, maintain compliance, and make informed financial decisions. Our services include income and expense tracking, bank reconciliations, financial statement preparation, and more.
Whether you’re a sole proprietor or manage a growing company, we tailor our solutions to meet your business needs—saving you time and reducing the risk of costly errors. Let us handle your books so you can focus on growing your business.
Business Incorporation Services
Starting a business begins with the right legal structure. At Merchan & Son Brokerage, we offer comprehensive business incorporation services to help you establish your company with confidence. Whether you’re forming an LLC, S-Corp, C-Corp, or nonprofit, we guide you through every step—from name registration and filing paperwork to obtaining your EIN and ensuring state compliance.
Our team ensures your business is set up properly from the start, so you can focus on what matters most: growth, stability, and success.
