by George Dimov | Aug 28, 2018 | NYC Accounting
Medical expenses can be quite cumbersome, especially if you have unforeseen emergencies that are not completely covered by your insurance. The Internal Revenue Service (IRS) makes some of these medical expenses partly tax-deductible in order to give taxpayers a break....
by George Dimov | Aug 24, 2018 | NYC Accounting
Explaining taxation ESPPs isn’t as hard as it sounds. ESPP stands for Employee Stock Purchase Plan. When you buy a stock under an ESPP, the income isn’t taxable at the time you purchase it. Instead, you’ll get the income and pay taxes on it when you...
by George Dimov | Aug 9, 2018 | NYC Accounting
Being a property manager has always been your dream. You get to be your own boss, and you love managing properties too. What you don’t love, though, is dealing with all the finances. You didn’t go to school for accounting, so you’re struggling. Well,...
by George Dimov | Jul 24, 2018 | NYC Accounting
ESPP accounting revolves around employee stock purchase plans (ESPP). An employee stock purchase plan allows employees to buy shares of their employer’s stock, usually at a discounted rate compared to what the market rate is currently. The employees get to...
by George Dimov | Jul 18, 2018 | NYC Accounting
Natural disasters can happen at any time, and it can be hard to react. Companies often have questions about how to account for the effects of a natural disaster, and that’s where insurance claims accounting comes in. This service provides businesses with the...