Tag Archives: federal tax
New York State Will Not Follow New Federal Tax Law
The NYS Department of Taxation and Finance issued a Technical Memorandum on Dec 28, 2018 highlighting the State’s decoupling from certain provisions of the federal Tax Cuts and Jobs Act of 2017. Unlike prior years, your 2018 New York State … Continue reading
2017 Social Security Changes
A HIGHER TAX CAP AND OTHER BIG CHANGES IN STORE FOR SOCIAL SECURITY IN 2017
The Social Security Administration (“SSA”), in its annual mid-October press release, announced some important changes to America’s most important social program for 2017, not the … Continue reading
Beware of Tax Scams!
The IRS is warning taxpayers to be wary of tax scams aimed at obtaining your personal information in the midst of tax season. Scam artists across the country pretending to be IRS agents are now calling under the pretext … Continue reading
Federal Tax Day Extends Opens Year-End Planning Opportunities!
Great news….. Last week the Senate approved the Tax Increase Prevention Act of 2014, extending over fifty individual, business and energy tax provisions for one year, retroactive to January 1, 2014. Although the extenders package is not a two-year extension … Continue reading