Interest Income Archives - Page 2 of 3 - FREE Yourself from IRS Problems

Shamsey Oloko December 19, 2016 Bad Debt, Interest Income, New York Sales Tax, New York State Tax, New York State Tax Law, Sales Tax 2

Tax Law Changes In The New York State Budget Act, Part 3

In early spring of 2016, Governor Cuomo of New York signed into law the 2016-2017 Budget Act (S6409C/A9009C) (“Budget Act” or “Act”). This legislation includes amendments to the New York tax reform legislation contained in the 2014-2015 New York State Budget…

Shamsey Oloko November 30, 2016 Alternative Minimum Tax (AMT), Deductions, Interest Income, Investment-Related Deductions, IRA 0

Seven Things You Can STILL Do, Before Year-End, To Reduce Your 2016 Taxes.

2017 is almost here. It’s never too early to plan ahead when it comes to reducing your taxes. An experienced and knowledgeable tax professional can help any individual or business make the right year-end savings moves with important advice and…

Shamsey Oloko June 22, 2016 Capital Gains, Capital Losses, Death Benefits, Expenses Deductions, Filing Status, Gains & Losses, Home-Related Deductions, Income Exclusions, Income Tax, Interest Income, IRA, Medical Expenses, New York Estate Tax, Roth IRA, Roth Thrift Savings Plan, Social Security Benefits, Standard Deductions, Tax Credit, Taxable Gain 0

Tax Issues for new Widows and Widowers

It’s a traumatic experience to lose a spouse. While there is little that can be done to replace this physical and emotional loss, the Tax Code provides some relief for newly widowed taxpayers. Here is a summary of some of…