Blog

I remember at the end of April 2019 that I felt like it had been one of the wildest tax seasons in memory. The TCJA (“Trump Tax Code”) had thrown a ton of curveballs our way, and we were looking forward to implementing tax planning strategies for our Brooklyn clients...

As COVID-19 snakes its way through the world, what’s becoming clear to me is that … well, not much is clear. From death rates (relying upon shaky data from totalitarian regimes), to spread rates, to proper precautions — you can find an article from a...

So, you got that stimulus check (or, as the government wants to call it, your “Economic Stimulus Payment”)… What next for Brooklyn families and individuals? Please use these funds wisely. If I could sum up my advice for next steps, it would be this: act like you did...

These are the days when the internet is not necessarily your friend. Let’s leave aside the very true fact that so many of the new, online substitutes for the “real thing” are a pale imitation of what we used to have, and that with more and more time spent online,...

Chances are good that you or someone you know and love has lost their job recently. You’ve also probably been touched in some personal way by the actual virus (whether through someone you know, or with whom you keep in touch). This crisis has a steadily-unfolding...

Yesterday, we learned some news, and I thought I’d send you a short note for you to hear this (it is a welcome change). Earlier this week I wrote to you (and it has been all over the news) about the economic stimulus checks (typically for $1,200 for single filers and...

Well, over the weekend, the President signed the big new stimulus bill, and we have been poring over the details ever since. Bear with us … it is MASSIVE. But it’s also full of great benefits for Brooklyn families and business owners (even those with a “side hustle”),...

You might have seen the news that Congress has agreed on the massive new stimulus bill, called the CARES Act. As of this writing, the stimulus bill is NOT YET SIGNED. But it is getting very close. And it might help you VERY much, depending on your situation. I will...

I hope you’re hanging in there. We’re LOCKED in, helping our Brooklyn clients, and I have a bunch of things to share with you today, based on recent activity. I will say that, between helping clients, and the astonishing rapidity of change, I’m not always able to put...

Anytime (like now) that there is a rollout of government assistance, we, here in Brooklyn, can count on two things: 1)    Bumps in the road (it’s hard to manage many millions of people needing help) 2)    SCAMS I haven’t yet heard of any of my local Brooklyn clients...

The IRS is set to begin receiving tax returns on the 27th. That means, it’s about to get VERY busy around here. Which is exactly how we like it. We’ve been preparing since the summer for this year’s tax return process, integrating all of the nuggets we’ve been...

This is the week the real work begins. The IRS started electronically accepting returns on Monday (the 27th), and our offices have already been hopping. As I’ve mentioned before, it’s a GREAT idea, this year of all years, to get a jump on your taxes. I won’t rehash...