by George Dimov | Oct 8, 2018 | NYC Accounting
When it comes to running a business, there are many facets you have to take care of. That being said, it’s hard to run the accounting side of things when you aren’t an expert in these categories. Here are four common services accountants offer to small...
by George Dimov | Oct 4, 2018 | NYC Accounting
When it comes to filing your income taxes, many people wonder whether they should try doing the task themselves or if they should look for tax accountants for tax preparation services. There are certain circumstances where it’s acceptable to file your own tax...
by George Dimov | Oct 2, 2018 | NYC Accounting
No matter where your income is coming from, you have to pay taxes on it. The IRS expects to receive tax payments on your income as you earn it, not just at the end of the fiscal year. Some employed people will have their taxes withheld from their paychecks and sent...
by George Dimov | Sep 10, 2018 | NYC Accounting
Partnerships don’t pay federal income tax. Instead, the partnership’s income, losses, deductions, and credits pass through to the partners themselves, who then report these amounts as part of their personal income tax returns. Even though partnerships...
by George Dimov | Sep 6, 2018 | NYC Accounting
If you’re studying for accounting or you need to hire an accountant, it’s important that you know what a tax accountant does. There are many different titles in the field of accounting, and a tax accountant will work with either individuals or corporations...