Meet with our tax pro's via video chat and file your taxes from the comfort of your own home!
Book Appointment Now
Tax App Download - Apple
Need to File an Amended Return?

Tax Tips & News: Dividends

Making Sense of Tricky Tax Terms: AGI vs. Taxable Income, Dividends, Exemptions & Deductions

4 minutes read

tax (tăks) n. : One of the only things certain in life. See also Death.

Tax season can be intimidating to those who aren’t certified accountants or tax professionals. With all the tax terminology out there, simply understanding the terms on the form you’re filling out can be daunting. No fear—a tax-terminology-debunker is here:

Read More

Tax Pitfalls To Avoid When Investing In Funds

14 minutes read

Beware Of Fund Tax Implications

Even if it is too late to do anything about this year’s returns, it is a good time to start planning for next year’s. At the root of the most common blunders are three types of taxable fund payouts: interest income, dividends and capital gains. While all three are subject to a complex web of tax rates and regulations, investors can limit their tax bills by understanding their funds, planning carefully and staying abreast of tax changes in Washington....

Read More

Same-Sex Couples Face Tax Hurdles

3 minutes read

This past June, New York became the 6th state to legalize same sex marriage. Regardless of ones individual beliefs concerning same-sex marriage, this much is clear: Tax laws–which are already complex & confusing–are that much more baffling for same-sex couples. This is mainly due to the fact that the Federal Government does not recognize same-sex unions. Same-sex couples must file separate federal returns, however they can file jointly in New York State and some other states that recognize...

Read More

Tax Issues Loom

2 minutes read

Taxpayers are waiting on pins and needles for the important decisions regarding income tax cuts or increases to be made by Congress.  Will Bush’s tax cuts be extended or should taxpayers expect a surprise come tax time?  Congress reconvenes on November 15th and hopefully we can get some answers quickly.  Every year we wait for a patch to be issued that will apply inflation rates to the tax laws regarding Alternative Minimum Tax (AMT).

Read More