Summary Tax Cuts and Jobs Act capped the state and local income tax (SALT) deduction at $10,000 New York State passed two workarounds IRS implies the charitable funds workaround may…
On December 22, the President signed into law the Tax Cuts and Jobs Act of 2017 (TCJA). TCJA is the largest tax overhaul since the 1986 Tax Reform Act and…
I'm proud to announce that, starting January 1st, I will be expanding to Forest Hills, Queens to better serve the area. I hope this move will help give my clients…
I'm extremely proud to announce that I've been nominated for both the best Accountant and Accounting Firm in the ‘Bethpage Best of LI' awards. The 'Best of LI' awards celebrate the…
IRS CP2000 notices are one of the most common notices. You typically get a CP2000 notice when there's a discrepancy with what you reported on your tax return and what…
Some small business owners are so focused on running their business that the small administrative tasks get left behind. But, the administrative tasks, like bookkeeping, are just as important and…
As a small business owner, your business is your baby and it can be difficult to delegate tasks. But, everyone makes mistakes from time to time, especially when it comes…
Entrepreneurs are experts at what they do. They know the ins and outs of their products and services. But, oftentimes, they aren't experts at running a business. Whether it's bookkeeping…
When opening a business, you may have to spend money on equipment, vehicles, legal fees, and leasehold improvements before you can start making money. All of these expenses can be…
Owning your own business is the American dream. Sometimes, when you take the leap, everything looks great in the beginning. You're your own boss, you're making money, and people really…