Chances are If you receive an e-mail from the IRS it’s a scam. The Internal Revenue Service has been alerted that an email is being issued to tax preparers asking them to update their [...]
The recent Ashley Madison hack may have revealed some interesting things about extra-marital affairs. However, there are far-less-obvious forms of infidelity that can be equally damaging to a [...]
We are pleased to announce that we will be merging our company with Richard Rausa & Associates, CPA, PA, a local accounting firm from Paramus, NJ. Along with an accomplished staff, Rich [...]
On the suggestion of one of my clients, here’s an article relating to tax return identity theft. As you may know, identity theft is one of the fastest growing crimes nationwide. Tax refund [...]
If you’re shopping for a getaway, you may have considered a timeshare, an arrangement that generally gives you the right to stay at a certain property for a specified amount of time each year. If [...]
As a CPA who has been in the business for over twenty five years, I have heard my share of highly questionable and strange deductions that my clients wanted to claim on their tax returns. It has [...]
In the name of bipartisanship President Obama, in his State of the Union address, has proposed $320 billion in new tax increases. I’m sure you’ve detected my sarcasm. Obviously most, [...]
Unfortunately, children can also be victims of identity theft. Should you be worried if your child begins to receive offers for pre-approved credit cards? It sounds annoying, but nothing to be [...]
Oh this is going to be a lovely tax season. Last week, Internal Revenue Service commissioner John Koskien warned that nearly half the people trying to reach the IRS by phone will not be able to [...]
If you own or have signature authority over an overseas bank or financial account, there’s a good possibility that you need to disclose this information annually to the Internal Revenue [...]