While we will continue to offer our clients the opportunity to meet with us in-person, we are excited to offer a virtual option to those clients that currently mail documents through USPS, drop them off, or are interested in a fully remote service. Allow us to introduce TaxDome! What is TaxDome and Why Should I… Read More
Effective January 1, 2024, the Corporate Transparency Act (CTA) will require most business entities to file an initial report with the Financial Crimes Enforcement Network (FinCEN) to disclose the entity’s beneficial owners. For a reporting company created before January 1, 2024, an initial report must be filed within one year, or January 1, 2025. Entities… Read More
Following feedback from taxpayers, tax professionals and payment processors and to reduce taxpayer confusion, the Internal Revenue Service released in November 2023, Notice 2023-74 PDF announcing a delay of the new $600 Form 1099-K reporting threshold for third party settlement organizations for calendar year 2023. With that said, if you receive a 1099-K for 2023,… Read More
2023 Tax E-Filing Season begins on January 29, 2024. Once e-filed, you can expect your Federal Refund to come within 10 business days. If your refund includes the Earned Income Tax Credit (ETIC) and/or the Additional Child Tax Credit, your refund could be held until the first week of March 2023. This means that you… Read More
We are required to enter information from your Driver License on any New York State Returns filed. If you renewed your license during the past year, please make sure you bring the Driver License for yourself (and your spouse, if married) when we meet for your tax preparation appointment, so there will be no delay… Read More
If you received Unemployment income during 2023, check your online account (preferred) and print out the form 1099-G . Click here for instructions on how to access your 1099-G online. We need this to complete your 2023 tax return. If you cannot get it online, you can call 888-209-8124 and one will be mailed to… Read More