Blog
The New Stimulus Update and Tax Issues for New York/New Jersey Metro Filers
The "American Rescue Plan" has been finalized. And there are things about the new stimulus update our New York/New Jersey Metro clients should know.While I normally write weekly, there is information in this strategy note that you need to know about now that might...
Third Stimulus Package Update For All New York/New Jersey Metro Taxpayers
Despite what you might think, being a tax accountant is NEVER boring.We have all kinds of fun amusements that keep us going.We play little games like: "Guess The New Tax Law That Will Change Returns That Have Already Been Filed" -- catchy title, I know, and we get to...
Post-Stimulus Taxes for 2020
I mentioned last week the key provisions of the "American Rescue Plan," while it was just proposed legislation.Now that the House has passed it, there is more meat on those bones. I'll run it all down for you once it's been signed by the President, but the key...
Debunking Estate Plan Myths For New York/New Jersey Metro Taxpayers (Part 2)
We're diving in, with sleeves rolled up, with a bunch of our New York/New Jersey Metro area tax preparation clients in creating the best tax return possible for their 2020.Get on our list here: https://calendly.com/lilprofsvc/30minBut here at Lillian's Professional...
Debunking Estate Plan Myths For New York/New Jersey Metro Taxpayers
On Friday, the IRS began accepting tax returns and people like me all around the country started buckling up for what is already quite a ride.With new PPP loans for New York/New Jersey Metro small business owners, credits aplenty in all of the variety of stimulus...
Attention All New York/New Jersey Metro Taxpayers, Tax Season Is Here
Congratulations to the Patriots -- I mean the Tampa Bay Buccaneers -- for their Super Bowl victory.Here at Lillian's Professional Services LLC, we don't have a lot of time to pay much attention to such doings since tax season is here. Even though the actual submission...
New York/New Jersey Metro Taxpayers It’s Time To Deal With Your 2020 Tax Return
We can't electronically submit tax returns to the IRS until Friday, February 12. Nobody can.But that doesn't mean we can't help you get started. In fact, we're already in process with a few New York/New Jersey Metro clients, and more and more are contacting us every...
Retirement Money and Five Financial Mistakes To Avoid by Lillian Turner-Bowman
This is the time of year when we are normally opening up to file returns on behalf of New York/New Jersey Metro clients, and taking a breath of "calm before the storm".Not this year though. Not only is actual tax filing delayed until February 12, but Congress made...
Lillian Turner-Bowman’s Tax Checklist for New York/New Jersey Metro Taxpayers
Every year within the independent tax and accounting business community here in New York/New Jersey Metro (and on various online channels), we have a little fun laughing at the newest TurboTax or Block commercials. Last year, it was "all people are tax people". This...
