Tag Archives: dsjcpa
U.S. Mortgage Rates Top 6% For First Time Since 2008
For the most popular U.S home loan (conventional fixed rate mortgage), the average interest rate has risen above 6%. This is the first time this has happened since 2008 and is now two times more than the level it was … Continue reading
Increase Audit Chance from IRS with New Budget Hike?
The Inflation Reduction Act is jam-packed with new provisions regarding many things, from climate change to energy usage, and what is most concerning for the public, the new $80 billion funding to the IRS. With this new funding, the IRS … Continue reading
Governor Hochul Announces Additional Relief For Low-Income New Yorkers
This past year has been tough on many New Yorkers as well as Americans across the country with the rapid increase in inflation. Additionally, with large increases in gas prices, fueling up took a toll on the wallets of … Continue reading
NYC Pass-Through Entity Tax Retroactive to January 1st, 2022
After months of talk in Congress, the New York State legislator has decided to make the Pass-Through Entity Tax (PTET) Retroactive to January 1st, 2022. This decision was tied into the nexus bill that was signed a couple … Continue reading
IRS Accidentally Exposes Approximately 120,000 Individual Information on Their Website
The hits just keep coming for the IRS. This time in the form of accidentally revealing sensitive taxpayer information from Form 990-T, which is for the business tax returns filed by tax-exempt organizations. According to the agency, it was … Continue reading
New Jersey Officials Want More Leverage in Negotiating Income Taxes for Out-of-State Commuters
New Jersey Officials have announced bipartisan legislation which hopes to give the state more leeway when it comes to how out-of-state commuters and residents who work from home are taxed. In nearby places like New York City, Connecticut, and Philadelphia … Continue reading
Humans Of DSJ – Sanaa Zaidi
Introducing Sanaa Zaidi
After Growing up in Queens and moving to Long Island, Sanaa went back to her hometown to attend Queens College, where she majored in accounting. She has worked in the accounting industry for over a decade, starting … Continue reading
Window Films to Get New Tax Credit Benefits and an Extension Through 2032
This past August, the Biden Administration announced the Inflation Reduction Act which included a plethora of different things from a focus on climate change and energy, to healthcare costs and prescription drugs. Hidden within the deal as well, however, are … Continue reading
NYC’s Yellow Taxi Medallion Owners To Receive Debt Relief Next Month
For decades, the yellow cabs seen driving around the streets of New York City have almost become something of a tourist attraction for some people. Seemingly endless amounts of individuals flood the streets looking to pick up passengers and get … Continue reading
Top Automakers Pushing to Build US Battery Plants Amid EV Tax Credit Revamp
In light of the new EV tax credit rules that were a part of a deal between Senators Chuck Schumer and Joe Manchin, EV automakers are now required to have the battery that goes inside the car, mainly manufactured and … Continue reading