🖨 Print⏱ 3 min readJust when you’ve finished spending a bunch on swimsuits and stuff for grilling out, summer’s over and it’s time for the kids the head back to school. How did this happen? Here are some ways to … Continue reading
🖨 Print⏱ 4 min readComing out on the winning side of a lawsuit as a plaintiff can be a gratifying feeling, especially if there is a financial settlement involved. There is likely a sense of both relief and vindication. Unfortunately, … Continue reading
🖨 Print⏱ 6 min readBiometric technology has been on the rise as it promises to make the authentication process more secure and convenient. Unlike passwords and key cards, biometrics are something you will always have, can’t share and can’t forget. … Continue reading
2017 vs. 2018 Federal Income Tax Brackets Single Taxpayers 2018 Tax Rates – Standard Deduction $12,000 2017 Tax Rates – Standard Deduction $6,350 10% 0 to $9,525 10% 0 to $9,325 12% $9,525 to $38,700 15% $9,325 to $37,950 22% … Continue reading
5 Things a New York City CPA Should Know About the New Tax Legislation On Jan. 1, Congress passed the American Taxpayer Relief Act of 2012 in an effort to avoid automatic income tax increases for millions of Americans. New York … Continue reading
Accounting for Consignment Sales: Manhattan CPA Terms: Consignor: The owner of the item (e.g., painting) to be sold. Consignee: The selling agent (e.g., gallery) who accepts from the consignor the item to be sold. According to accepted accounting and tax … Continue reading
Piercing the Corporate Veil Are your personal assets at risk? Clients incorporate, in part at least, to protect their personal assets in the event their business is sued. However, attorneys who are successful in “piercing the corporate veil” of protection … Continue reading
Many states are scrutinizing tax returns! — particularly ones with large refunds — and are asking taxpayers for copies of their Form W-2 Wage and Tax statements in order to verify state and local tax withholdings. Employers must submit employee … Continue reading
New York CPA says – Beware of fake IRS communications According to the IRS you should be aware that each year thousands of taxpayers receive suspicious e-mails, phone calls, faxes, or notices claiming to be from the Internal Revenue … Continue reading
Tax Scam Alert from your new york city accountant for small bussiness At the end of October. 2013 a client of mine received a telephone call from a person stating that he was an IRS agent and told my client … Continue reading