Tax Preparation, Insurance, Payroll, Medicare and Business Advisement in Jamestown NY
Once you’ve filed your return and received your refund, you’re done, right? Each year the IRS sends millions of letters and notices to taxpayers for a variety of reasons, such as: There’s a balance dueThe refund is incorrectThe IRS has a question … [Read more...] about Did You Get a Letter From the IRS?
This month Stillwater Feeds is our client of the month. This pet store is located in Jamestown at 1432 Kiantone Rd. You can find basic, natural, holistic and organic pet foods and treats. It's a great place to stock up on your bird seed as well. … [Read more...] about Stillwater Feeds
Do you have income from a sole proprietorship, partnership, LLC, or S corporation? If so, you may be eligible for a new deduction called the Qualified Business Income (QBI) deduction. This deduction is not itemized, so taxpayers who take the standard … [Read more...] about Qualified Business Income
Navigating the Importance of Payroll Withholding with Gleason Tax Advisory Understanding the intricacies of payroll withholding and its effects on your tax return is crucial for financial success. With the ever-changing landscape of tax laws and … [Read more...] about Payroll Withholding
Donate via your IRA With the larger standard deduction amounts beginning this year, many people could lose the tax benefit of making charitable contributions. To reduce tax liability, certain taxpayers could use a qualified charitable distribution … [Read more...] about Charitable Contributions
New law oversight Generally, leasehold improvements are enhancements to a leased space that are paid for by a tenant or landlord, such as the addition of built-in cabinetry, electrical light fixtures or carpeting. Prior to 2018, if you made any … [Read more...] about What are Leasehold Improvements?
