Blog

The start of the year is almost here, and with that comes a shifted mindset toward new beginnings. New year, fresh start. But, that doesn’t mean wiping the slate on everything in 2023, and that includes any tax debt you’ve piled up and haven’t dealt with. So if...

By the time you actually get to reading this, there is a very good chance that you're reading a voice from the past. I make it a practice to prepare my Long Island clients and friends a few days in advance, and RIGHT NOW, it is still 2023.But 2024 is beckoning and is...

In many ways, year-end couldn’t come at a worse time. As if December holiday crazymaking wasn’t enough, as a business owner you’re also responsible for compiling an entire year’s worth of reporting data into comprehensible form for your accountant, with enough time to...

Crazy to think there are only two more weeks until Christmas and only three more weeks left of 2023. There’s a lot of joy still to be had and opportunities for your Long Island business to increase revenueAnd, while the rest of us are checking off our holiday shopping...

As a tax professional, I've seen it all when it comes to tax deductions – from the ordinary to the, well, let's say 'creatively ambitious' when it comes to small business deductions — like claiming a pet as a 'security expense' or insisting that a daily cappuccino is...

The end of the year, that is. That means that for your Long Island business’s financial reporting, this is go time.Now that we’re into December, time is short to take care of your year-end accounting. This is something we specialize in so be sure to get on our...

Anyone else jump on all those great online Black Friday deals this year? There were a bunch. But, if you chose an online purchase because of the ease of returning said item, you might want to check the return policy. Looks like quite a few retailers...

Often, when you're faced with IRS debt, there are other nasty little financial problems that can crop up.I have to tell you though, as I sat down to write this, it made me think about some Long Island clients that I've walked with over the years who fought their way...

Does your Long Island family sit around the table at Thanksgiving dinner and share something they’re thankful for?I’ve been at those holiday meals many a time. I appreciate the intent, and will admit it’s usually effective in getting me to feel more grateful, but I do...

End-of-year can be a bit of a scramble as a business owner. So, before we get into holiday craziness, a friendly reminder: year-end is also your prime Long Islandopportunity to make the calendar work in your favor as a business.From year-end profitability...

Though the days are getting shorter and the weather is taking a turn, there are some great revenue reasons to get excited about the next two months.As we round the bend into Black Friday territory (which for many began at the end of October), it’s time to get nimble...

The events of 2020 were both a reprieve for Suffolk County taxpayers (like you) and a nightmare for tax pros (like me). And the complications of that year and the one following created a backlog for the IRS. That’s one of the reasons they shut off the reminder notices...