by Wayne A. Scully, CPA | ASED, Audits, CSED, IRS Notices & Collections, New York State Tax Issues, Real client stories, Refunds & Filing Deadlines, RSED, Tax Deadlines, Tax Tips & Education, TaxBiz, TaxBusiness, TaxInfo, TaxPers, TaxRes, TaxResolution, Uncategorized
🧾 The Right to Finality — How Long Can the IRS or NYS Chase You for Taxes? Dealing with unpaid taxes can feel like a never-ending battle. Letters keep coming. Interest grows. Eventually, you start to wonder if the IRS or New York State will ever stop. Fortunately, the...
by Wayne A. Scully, CPA | IRS Notices & Collections, New York State Tax Issues, TaxBiz, TaxInfo, TaxPers, TaxRes, TaxResolution, Uncategorized
Know Your Taxpayer Rights: The Right to Be Informed When most people get an IRS notice in the mail, the first reaction is panic — and I get it. Consequently, when I see notices that come to my office even if on behalf a client, I also get jumpy. The envelope alone...
by Wayne A. Scully, CPA | Audits, CNCs, IRS Notices & Collections, New York State Tax Issues, Real client stories, Tax Tips & Education, TaxInfo, TaxRes, TaxResolution, Uncategorized
My First IRS Audit — And Why Tax Problems Don’t Have to Ruin Your Life When people hear I’m a CPA who helps taxpayers solve serious IRS problems, they often assume I’ve always had it together — that I’ve never faced tax trouble myself. The truth is, my very...
by Wayne A. Scully, CPA | TaxBiz, Uncategorized
Home Equity Loans for Property Investments & Taxes Harnessing Home Equity for Property Investments In the realm of real estate investments, finding the right financing avenue can make all the difference in maximizing returns. One increasingly favored method...
by Wayne A. Scully, CPA | Uncategorized
Fill in the blank: It takes a village to ______.While you’re probably thinking of child-rearing right now, I’d like to suggest that it applies to your Jamaica, NY small business as well. And particularly during inflationary times. The 2020 world made it painfully...
by Wayne A. Scully, CPA | Uncategorized
This year has been a rollercoaster for Jamaica, NY business owners like you. Heck, the last few years have been. After all of the junk in 2020 and 2021, “inflation” and “supply chain shortages” have been the recent flavor of our wild ride together. Though that said,...