So, You’ve Been Audited: Should You Go It Alone or Hire a CPA?

July 1, 2024 | 0 views

I sincerely hope you have never had to go through an IRS audit – and never have to in the future. But what if that dark day does arrive? Should you go it alone and defend yourself or hire a...

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Marrying a Non-U.S. Citizen? No Tax Honeymoon for You

June 1, 2024 | 0 views

Marriage is a major life event. One that comes with all kinds of change, including financial. After getting married, there is so much to consider, from merging bank and brokerage accounts to setting up a will; from changing your withholding...

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‘Master’ The Augusta Rule and Save Money on Your Taxes

May 1, 2024 | 0 views

Anyone who lives in a highly seasonal tourist destination knows you can make money on short-term rentals during events and festivities in your city or town. Think high concentration, short-term, tourist-driven events such as horse racing season in Saratoga Springs,...

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Reduce Your Taxes by Putting the Right Assets in Your IRA

April 1, 2024 | 0 views

Most people know the basic concept that certain types of investment accounts are tax sheltered while others are not. Think 401(k), 403(b), IRA and Roth IRA accounts, for example. What most people are not aware of is how you split...

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U.S. Beneficial Ownership Information Reporting Begins

March 1, 2024 | 0 views

The U.S. Treasury recently enacted a new reporting requirement aimed at quashing illicit financial transactions. The agency believes that corporate anonymity is enabling money laundering, terrorism, and drug trafficking. As part of the 2021 Corporate Transparency Act (CTA), certain companies...

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