Tag Archives: long island
10 Tips On What To Do With Your Refund Money
1. Establish or Build Your Emergency Fund
An emergency fund is an important means by which to avoid the financial disaster that can result from just one surprising bad set of circumstances. As protection against a job loss, medical emergency … 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
Should You File For A Home Office Deduction?
It’s not necessarily the Audit Red Flag it used to be.
Many employees and small businesses owners qualify for a home office deduction (HOD), but avoid claiming it for fear of being audited. Is filing for an HOD like painting … Continue reading