This past Wednesday, the Biden Administration said it plans to cancel all current student loans for all students who attended any schools operated by Corinthian Colleges. These schools, according to the Department of Education, were one of the largest … Continue reading
News & Articles
US Latest Country to Eye Windfall Tax
The US seems to be following in the UK’s footsteps as it eyes a windfall tax on oil and gasoline. According to Deputy Director of the National Economic Council, Bharat Ramamurti, the Biden administration has looked at numerous proposals to … Continue reading
NY Suspends Gas Tax Until 2023
No matter who you are, the odds are that you have been affected in some way by the rapid rise of gas prices seen throughout the country. This recent surge has posed a huge inconvenience for most Americans, forcing them … Continue reading
IRS to Pay Interest on Late Tax Returns
It’s no secret that the IRS has millions of tax returns that still need to send out. While waiting for your tax return can be extremely agitating, there may be one bright spot! The IRS has 45 days to process … Continue reading
Anthony Carella, CPA, CGMA – Humans of DSJ
Growing up in a large Italian family, Anthony says he is used to a fast-paced & relentless environment. This being said, Anthony typically feels “right at home” when he jumps into client work. Dealing with requests, questions, and issues at … Continue reading
IRS Upgrades “Where’s My Refund Tool”
Likely the most frequently used IRS webpage is getting an upgrade! The online tool will be getting an upgrade, allowing taxpayers to not only see the status of their current year refund, but also the status of their returns from … Continue reading
UK Windfall Tax Update
Britain’s government announced it would place a temporary levy on oil and gas production to help alleviate consumers from soaring energy prices. The UK hopes this move will assist its efforts to put a halt to worsening cost-of-living prices.… Continue reading
Non-Fungible Tokens Basic Breakdown
It has been seen time and time again that certain products, services, and other income streams develop in the U.S. before the IRS and Congress put tax provisions on them. This has been the case over the last few years … Continue reading
Congratulations to Bob Jahelka!
DSJ would like to congratulate our Managing Partner Bob Jahelka on being named to Long Island Business News’ Power List of Accounting. Bob knows how important it is to build personal connections and stay ahead of the curve to provide … Continue reading
Digital Currency Accounting Becoming Mainstream?
In a recent board meeting for The Financial Accounting Standards Board, the organization has announced that their new main focus will be laying down some ground rules for cryptocurrency in the tax realm. The addition of the new project within … Continue reading