Blog

Labor Tax Updates By James Pantzis
Everything about this year since March has just felt a little ... off. And I mean aside from all of the cultural and political turmoil we're living through.The seasonality of everything feels different too. Pro sports are out of sync, "back to school" season surely...
James Pantzis’ Guide for Lending Money to Family Members
Family can take so many different forms these days, whether it’s biological or otherwise, but for a certain segment of my Brooklyn clientele, there is a particular privilege that might kick in this week: The parent tax. If you have children, what better way to teach...
Tax Deadline Rumors And Planning For Corona Virus byJames Pantzis
Hello, my friend. The world has shifted under our feet. With the barrage of media, medical, and economic news flying at us, I want to stay in my lane today. You don’t need more medical advice, you don’t need tips on working from home (at least today — I might share...
Why Procrastination Makes Sense in 2020 For Brooklyn Taxpayers
We’ve had impeachment votes, worldwide pandemics, quarantine-like lockdowns (for the healthy), public police brutality, widespread protests, intense riots, MURDER HORNETS, statues falling, social media anger and now we have a drunken and murderous monkey to top off...
James Pantzis’ To-Do List If You Can’t Pay All Your Taxes
Some of our Brooklyn clients are STILL pulling their paperwork — which is understandable during this donkey of a year, and with all of the new complications. But sadly, ye olde IRS isn’t extending any payment grace in a couple weeks. (I say “sadly”, but here at Team...
The End of Tax Season, Estimated Taxes, And Unemployment Compensation by James Pantzis
I’m still emotionally adjusting to the fact that we just went through 4th of July weekend … and “tax season” is STILL GOING. I’m thankful for it, because I also know that extending the deadline during this wild, intensely difficult year (for so many) was a rare...
Is Your State Broke? James Pantzis Analyzes State Tax Revenue Sources
Is Your State Broke? James Pantzis Analyzes State Tax Revenue Sources With national events continuing as they are, here at J.D. PANTZIS, C.P.A., P.C., we’re finding ourselves locking into “go mode” … again. It’s unusual for us to be in this mode smack in the middle of...
The Important Details of Mortgage Forbearance For Brooklyn Taxpayers
Here we are, just out of perhaps the oddest Memorial Day weekend in memory. The summer is here! But it feels like much of our country is still mired in winter. And that feels like it is still the case, no matter the hints of progress against this virus, and no matter...
Which Stimulus Payments Are Taxable (and Which Aren’t) For Brooklyn Taxpayers
All over our nation, we’re seeing pain. It’s overwhelming, as someone who has to communicate to a broad base of Brooklyn clients, to even articulate meaningful words about everything that is happening. So … I’m just doing what I can to sit in the pain of it all with...
Financial Mindset Management for Our Brooklyn Tax Clients
Based on the history of events over the course of the last few decades (both here in Brooklyn and beyond), you might have thought that world events would have slowed down in the last week — that there could begin to be some sense of normality. But no. This isn’t a...
Separating Truth From Fiction Around The Stimulus Payments For Brooklyn Taxpayers
Now, more than ever, it’s important to keep your mind clear. With so many of us spending more time than ever online and on our devices, there are even more opportunities for falling — no, DIVING — into rabbit holes of distraction and unproductive emotion. Yes, I’m a...
The Breakdown Of Trust In Brooklyn And How To Rise Above
I’ve written a fair amount over the past few weeks about all of the specific provisions in the CARES Act, related to economic stimulus checks, various tax savings strategies, financial implications, and then some. And I will continue to be covering these topics in the...