Blog

For a long time, the NFL was hands-off when it came to Las Vegas. They were unwilling to get anywhere close because of the long-time commissioner’s caution about the connections some big NFL names had with well-known mob connections. Commissioner Pete...

The most common money management tips that experts give to people in Suffolk County with tax or financial difficulties involve saving, budgeting, and planning.But there’s another money habit that never makes those lists of money management tips, and it’s worth...

This weekend we got a chance to see what’s trending in the world of music via the 66th Annual Grammy Awards. But something that wasn’t talked about on stage was the struggles of the music industry right now. A lot of artists are facing difficulties with promoting...

The IRS is delivering on their December promises to ramp up compliance and collection efforts with big hitters on the tax side of things (high-income individuals, complex partnerships, and large corporations). This comes as the result of unbelievably high...

The crescendo of the entire football season is coming up in two weeks, aka the Super Bowl (Sunday, February 11). It’s probably one of the most watched events in America. This year will be no exception… and not just because Taylor Swift will be there cheering on...

It seems business leaders aren’t worried about recession anymore. At least that’s what the annual World Economic Forum decided last week.  Economic experts and business leaders are saying that we're not likely to see a U.S. recession in 2024. The Federal Reserve might...

“Save more” is a new year goal a lot of people put on their list, but it’s proven to be a difficult one to reach the last few years. In your Long Island business, it’s likely some of your employees fall in this category — especially for those in lower income...

Now that we’re a week into the new year, all of last year’s broken things in your Long Island biz have likely smacked you in the face a few times. Sadly, they didn’t magically get fixed while you were cleaning up wrapping paper and sneaking another sugar cookie.But...

“The difference between tax avoidance and tax evasion is the thickness of a prison wall." — Denis HealeyI bring this quote up today to say, the IRS isn’t messing around lately. They're cracking down on businesses playing fast and loose with their tax obligations.Now,...

Making New Year’s resolutions seems like a waste of time. Sure, we might start with the best of intentions, but by February most of us have quit the gym, returned to normal eating habits, and left books unread on our bedside tables. But something I do believe in...

The start of the year is almost here, and with that comes a shifted mindset toward new beginnings. New year, fresh start. But, that doesn’t mean wiping the slate on everything in 2023, and that includes any tax debt you’ve piled up and haven’t dealt with. So if...

By the time you actually get to reading this, there is a very good chance that you're reading a voice from the past. I make it a practice to prepare my Long Island clients and friends a few days in advance, and RIGHT NOW, it is still 2023.But 2024 is beckoning and is...