by George Dimov | Jul 16, 2018 | NYC Accounting
Tax accountants follow attestation standards in order to provide guidance, set boundaries around a growing service line, outline objectives, and define a measure of quality. Attestation engagements follow eight main standards, all of which are found in attestation...
by George Dimov | Jun 6, 2018 | NYC Accounting
You may be a business owner, but you’re not an expert in accounting (unless the business you own is an accounting firm). If you’re just starting out, here are some accounting tips to help you through the process. Keep very organized, accurate records All...
by George Dimov | Jun 4, 2018 | NYC Accounting
Real estate agents are great at their job, but that doesn’t mean they are great at accounting. There’s nothing wrong with lacking professional accounting skills, unless you try and handle this important task alone. Here are some common mistakes real estate...
by George Dimov | May 9, 2018 | NYC Accounting
Business valuations are frequently requested by business owners, investors, potential buyers, and potential sellers to value a company ahead of a sale, merger/acquisition, or public offering. There are several different methods used by valuation experts in this...
by George Dimov | May 7, 2018 | NYC Accounting
You may have heard the term “forensics” before, but have you ever heard it used to describe accounting? It sounds strange at first, but the truth is that forensic accounting is an extremely important field that can help huge companies and individuals take...
by George Dimov | Apr 23, 2018 | NYC Accounting
Accounting services have a very wide range. Tax accountants are prepared to handle anything from estate death taxes to property taxes. In New York City in 2017, around 45% of all tax dollars collected were from property taxes. Tax accountants do much more than that,...
by George Dimov | Apr 20, 2018 | NYC Accounting
Taxes and accounting are never going away, and neither is the need for professionals, like tax accountants, to help us through the pain of them. And with a new tax law on the books, it’s going to be even more complicated to file your taxes in the near future....
by George Dimov | Mar 13, 2018 | NYC Accounting
You get a great job – bonus is $120,000 but comes with a catch – if you leave the company in 2 years you have to pay it back. “Oh well – I better love this job,” you say. Well, a year later, prior to the expiration of this 2-year...
by George Dimov | Mar 13, 2018 | NYC Accounting
The end of the year comes and it is time to do tax. You exercised some stock options and this exercise is appearing on from 1099-B. However, the cost basis does not seem sufficient, causing a tax liability in TurboTax when you try to do it on your own. “But I...
by George Dimov | Jan 29, 2018 | NYC Accounting
This type of income is commonly seen on W2s of our clients in San Francisco, and increasing in New York, Chicago, Los Angeles, Boston, Austin, and other cities where we have a large client base. Because of our extensive experience with these types of clients, we have...
