Not all charitable gifts are deductible. Here are some rules to determine if your gift qualifies for a deduction. Contact Matis at 646-580-1099 or matis@1099bookkeepers.com for help with this or other tax matters. Make sure the organization qualifies. Charitable contributions…
Personal Taxes
Tax Tips for Recently Married Taxpayers
by Oscar • • 0 Comments
If you are recently married or are planning a wedding, the last thing on your mind is taxes. However, there are some important steps you need to take to avoid stress at tax time. Here are some tips for newlyweds.…
Personal Taxes
Prior-Year Tax Information from the IRS
by Oscar • • 0 Comments
Taxpayers sometimes need tax returns from previous years for loan applications, to estimate tax withholding, for legal reasons or because records were destroyed in a natural disaster or fire. If your original tax returns were lost or destroyed, you can…
Personal Taxes
Tax Tips for Individuals Selling Their Home
by Oscar • • 0 Comments
Here is some important information for individuals who have sold or are about to sell their home. If you have a gain from the sale of your main home, you may qualify to exclude all or part of that gain…
Personal Taxes
Amending your tax return
by Oscar • • 0 Comments
If you discover an error after you file your tax return, you can correct it by amending your return. The IRS recently made several changes to Form 1040X. Using the new form will speed processing time. Contact Matis at 646-580-1099…
Business Taxes, Estate and Gift Taxes, Payroll Taxes, Personal Taxes
Potential trouble spots as IRS steps up enforcement
by Oscar • • 0 Comments
Potential trouble spots as IRS steps up enforcement By Karen Hube, The Internal Revenue Service has added a couple of notches to its enforcement belt. First came the disclosure that international financial services giant Credit Suisse is under federal…