by George Dimov | Oct 30, 2018 | NYC Accounting
Trust Us For Any And All NYC Accounting Needs New York City boasts a population of a staggering 8.6 million people — simply finding the best bakery leads you to dozens (if not hundreds) of options, each claiming to be the best. However, we’re not talking about...
by George Dimov | Oct 8, 2018 | NYC Accounting
When it comes to running a business, managing various aspects can be challenging. For those not specialized in accounting, handling this side of operations can be particularly tough. Consider these four essential services accountants offer to small businesses:...
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 comes from, you must pay taxes on it. The IRS expects tax payments as you earn income, not just at the end of the year. Employed individuals typically have taxes withheld from their paychecks and sent to the IRS. However, others must handle...
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, who report these amounts on their personal income tax returns. Although partnerships aren’t taxed directly, they...
