Author Archives: AKMCPA Team
New Due Dates for Tax Returns/Changes to Extension Deadlines for 2017 & 2018 Warren Bergstein, CPA, AEP Sidney Kwong, CPA Beginning with tax year 2016 returns due in 2017, a number of filing deadlines were changed. The primary purpose of … Continue reading
AKM Partner Warren Bergstein, CPA participated in a panel discussion on the Public Trust in Tax.
A strict new law in New York City imposes new requirements on anyone who hires freelancers to perform work as independent contractors. The law, known as The Establishing Protections for Freelance Workers Act or “Freelance Isn’t Free Act” (“FIFA”), imposes … Continue reading
AKM Senior Accountant Deborah Hammett, CPA participated in a panel discussion on bridging the generations in accounting sponsored by The Accountants’ Club of America. For more information on the lively, multi-faceted discussion, read the Accounting Today article.
AKM Partner Warren M. Bergstein’s guide to tax planning for individuals and small businesses has been published by the New York State Society of CPAs “Tax Stringer”: Federal Tax Planning Strategies for Individuals and Small Businesses – See more at: … Continue reading
As part of a number of rules and deadline changes intended to make compliance easier for everyone, the IRS this year is requiring that 1099s for non-employee compensation be completed and distributed by January 31. This is a month earlier … Continue reading
AKM Principal Nancy L. Adams will be speaking at New York Women in Film & Television “Can I deduct it on my taxes?” on January 9. Nancy will cover the rules for tax deductions, including deductions specific to the film … Continue reading
Planning for sustained prosperity. Click here to download AKM Tax Guide 2016-2017 [pdf] A number of tax breaks were finally made permanent in 2015, making tax planning easier in 2016 than in recent years. However, some popular breaks were extended … Continue reading
AKM Partner Jack E. Gold will be speaking at the New York State Society of CPAs “Closely Held and Flow Through Entities Conference” on November 9. Jack will cover the increasing attention the IRS is giving to employees being classified … Continue reading
Limited Window of Opportunity for Owners of Family Businesses to Take Advantage of a Valuable Tax Break. The Treasury Department has issued “proposed final regulations” to eliminate a provision in the tax code that allows owners of family businesses to … Continue reading