Superstorm Sandy was a devastating time for a lot of New Yorkers, homeowners specifically. The storm caused millions upon millions of dollars in damage which some residents are still trying to financially recover from. Relief for some of these homeowners, … Continue reading
News & Articles
Happy Bobby Bonilla Day! Now What Is Compound Interest?
Sports fans know July 1 as the day that former Mets third baseman gets his annual paystub of $1.9 million from the NY baseball team, even though he hasn’t played for the team in over two decades. How did Bobby … Continue reading
Taxes On What You Buy
Whether you are out buying groceries, clothes, or other goods and services, there is almost always a tax imposed. The government and state levies many different taxes on things a taxpayer might purchase throughout the course of their life. This … Continue reading
How Bad Stocks Could Mean Good Taxes
Many investors are extremely unhappy with the market trend right now as it is highly likely their stocks are declining significantly. While seeing this, many may be extremely disgruntled, however, there is a way to turn this negative, into a … Continue reading
US Jobless Claims Held Near Historic Lows
Despite indications of economic slowdown, new applications for unemployment benefits remained near historic lows. This is signaling how tight the U.S. labor market still is, even though many employers are still scrambling to hire, while others are reducing their workforce.… Continue reading
NY Sportsbooks Call for Lower Tax, Arguing that 51 Percent is too High
Since January of this year, online sports betting has been legal in the state of New York. Sports betting, in general, is extremely popular across the country, with 30 states including the District of Colombia now having access to legal … Continue reading
IRS Expects to Finish Processing all 2021 Tax Returns this Week
The IRS, for some now has experienced a major backlog of unfinished tax returns dating back to the beginning of the COVID-19 pandemic in March of 2020. It appears that some ground is being made up as the IRS is … Continue reading
Litigation Support – DSJ Overview
Litigation Support:
When business disputes become legal disputes, oftentimes attorneys require consultants who have experience and expertise in testifying in highly technical areas including forensic accounting, business valuation, internal auditing, taxation, finance, audit and accounting as well as industry-specific knowledge. … Continue reading
Biden Considering Gas Tax Holiday: July 4th weekend the target
A few states have already imposed a gas tax suspension due to the sharp rise in prices and inflation. This was done, providing many Americans some relief at the pump. Now, President Biden is strongly considering utilizing a gas tax … Continue reading
House Committee Proposes $1B Funding Boost for IRS
The IRS may see an additional $1 billion in funding to improve taxpayer service and technology, as well as make the tax system in general, fairer. A draft of the House Appropriations Committee’s 2023 Financial Services and General Government funding … Continue reading