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 | TaxBiz
Navigating Like-Kind Exchanges & Taxes in Jamaica, Queens Are you an investor seeking savvy financial solutions while minimizing tax liabilities? Look no further! Exploring like-kind exchanges can unlock significant returns. Moreover, this comprehensive guide...
by Wayne A. Scully, CPA | TaxBiz
Maximizing Returns: Unraveling Tax Benefits of Opportunity Zones In today’s financial landscape, savvy investors actively seek avenues to optimize returns while minimizing tax liabilities. Investors have increasingly turned to investing in Qualified Opportunity...
by Wayne A. Scully, CPA | TaxBiz
Understanding Reverse Mortgage Taxation in Jamaica, NY Reverse mortgages offer seniors a way to tap into their home equity without selling their property. However, the tax implications of these financial products can be complex. Let’s delve into the taxation...
by Wayne A. Scully, CPA | TaxBusiness
Real estate salespersons, their prospective clients and homeowners in Jamaica Queens, may wonder what tax deductions are available for property owners. The good news is that there are several deductions that can help reduce taxable income and save you money. Mortgage...
