Tax season is finally over, and although I love helping my clients with filing their taxes, I am here relaxing before I take on my next challenge. But, please, read on…Every Jamaica, NY business owner in today’s inflationary environment is looking for ways to...
Real Estate & The Gig Economy:The gig economy mushroomed during the pandemic, and more and more people supplement or earn full-time their income from the likes of AirBnB, Uber, Lyft, Etsy, etc. What many don’t realize is the tax implications of earning via...
So here we are, getting closer to the tax deadline, which is actually Monday, April 18th. Now, a LOT of folks have already filed their taxes, especially those with one job and a fairly basic return. But what about the rest of us? Those in the “gig”...
Here are reasons people who don’t normally file should file a 2021 tax return:• Did the taxpayer’s employer withhold federal income tax from their pay?• Did the taxpayer make estimated tax payments during the tax year?• Did they overpay last year on their taxes...
Do you owe taxes to the IRS and can’t pay by the due date?The IRS wants you to pay on time, and imposes significant penalties on you if you don’t. Plus, they can take aggressive collection actions against you. #taxdebt #IRS #wagegarnishment #taxhelp...
What can you do about the tax on your “coronavirus-related distribution” realized on or after January 1, 2020, and before December 31, 2020? #COVID #taxrelief #taxreturns
