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Some Small Business Tips Your Jamaica, NY Business Should Learn

Some Small Business Tips Your Jamaica, NY Business Should Learn

by Wayne A. Scully, CPA | TaxBiz

Today, let’s reach for some small business tips you should be taking away from this past season. As Jamaica, NY business owners, we always need to be ready to adapt to changing times — this time around change just happened to come … faster. So, what...
Developing Accountability In Your Jamaica, NY Business Is Crucial

Developing Accountability In Your Jamaica, NY Business Is Crucial

by Wayne A. Scully, CPA | TaxBiz

During the first Super Bowl that Tom Brady won (with the Patriots), these were some of the companies who advertised (hat tip to Jon Erlichman of Bloomberg): AOL Blockbuster Radio Shack Circuit City CompUSA Sears HotJobs Yahoo VoiceStream Wireless Gateway Computers The...
W. Scully, CPA, P.C.’s Top 5 List of Potentially Fatal Business Mistakes

W. Scully, CPA, P.C.’s Top 5 List of Potentially Fatal Business Mistakes

by Wayne A. Scully, CPA | TaxBiz

There is a difference between income and wealth. Tax returns aren’t about wealth — they’re about “income”, and how that is defined. Business owners and real estate investors have access to powerful tax advantages that wage earners do not...
Passing Down Your Jamaica, NY Family Business

Passing Down Your Jamaica, NY Family Business

by Wayne A. Scully, CPA | TaxBiz

If we’ve learned anything from 2020, it’s that our best-laid plans don’t always turn out. As the great philosopher Mike Tyson once said: everyone has a plan until they get punched in the face. What is your plan for exiting your Jamaica, NY family...
A Few Winning Tips for Controlling Costs in Jamaica, NY Businesses

A Few Winning Tips for Controlling Costs in Jamaica, NY Businesses

by Wayne A. Scully, CPA | TaxBiz

So … I’m not sure if you knew this. Apparently, running a business is expensive. And controlling costs can be daunting. But despite whatever you might see from those gurus who are posing by their Lamborghinis in the Facebook ads … even the leanest...
W. Scully, CPA, P.C.’s Thoughts on Reimbursement vs Company Cards

W. Scully, CPA, P.C.’s Thoughts on Reimbursement vs Company Cards

by Wayne A. Scully, CPA | TaxBiz

If you’ll forgive me, I’m going to get pretty geeky today. You probably didn’t realize that there are actual pros and cons to expense reimbursement for employees, etc., or using a company cc. Oh, my Jamaica, NY readers, I’m going to take you...
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Latest News

  • Tax Benefits: Investing in Low-Income Housing in Jamaica, Queens May 26, 2024
  • Navigating Like-Kind Exchanges & Taxes in Jamaica, Queens May 26, 2024
  • Taxes and Self-Directed IRAs for Jamaica NY Real Estate Investors May 24, 2024

W. Scully, CPA, P.C.

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