WABC News

Our team member Michael Dancziger has been promoted to manager! Congratulations on your new position!

It’s Tax Time All Year Round

Here are just five of the tax-smart decisions we can help you make during the year. If handled properly, they might significantly reduce your tax liability: 1. Should you buy or lease vehicles, equipment and buildings? 2. If you’re going to make a major purchase...

Are Your Books Well-Adjusted?

Appropriate adjusting entries turn your books from a simple list of transactions into a far more accurate reflection of how your business is doing. You may think that as long as someone is recording every sale you make and every expense you pay, you’re doing...

Uncle Sam Wants YOU to File

There’s one thing that Uncle Sam is serious about it: Taxpayers must file federal income tax returns when required. The IRS is notoriously tough on no-shows and insists tax returns are filed when due — whether or not full payment can be made with a return....

The Offer in Compromise Rules: How They Work

You may have seen the television ads that promise to settle tax liabilities for “pennies on the dollar.” The process, which involves the IRS Offer in Compromise program, is not as simple as some on TV would like you to think. In fact, it can be quite...

IRS Publications of Interest to Homeowners

Here is a library of IRS publications covering issues of concern to homeowners. The rules are often complicated and can be difficult to implement. Contact us if you need further guidance. Title Publication Number Description Home Mortgage Interest Deduction 936...

A Wise Approach to College Savings

Saving for college is one of the most daunting financial tasks a family can face, taking as much commitment and careful planning as arranging your estate. But there’s a powerful tool that lets you both put aside money for your family members’ educations...

Supreme Court Spotlights Employee Status: Exempt or Not?

Thousands of cases are appealed to the U.S. Supreme Court every year, but usually fewer than 100 get a full-blown hearing and ruling. One case that made it through in the current court term is Encino Motorcars v. Navarro. On the surface, this case looks at whether car...