Turner -Bowman’s Tax Extension Cheat Sheet

This has been an intense tax season. For those of us in the tax professional community, there have been emails, message board postings and blog posts flying about the difficulties that many have been facing with regards to all of the additional paperwork called for in the ACA (“Obamacare”) regulations — not to mention the normal round of new tax law … Read More

Turner -Bowman’s Tax Extension Cheat Sheet

Lillian Turner-Bowman Shares On Overcoming Procrastination

I’ve heard rumors that (for some unknown reason) many people don’t like to file taxes? It appears that most folks do NOT like to fill out reams of paperwork only to finally discover how much money they are really giving to the IRS! This, of course, is why we work so hard — to make this process as painless as … Read More

Lillian Turner-Bowman Shares On Overcoming Procrastination

Lillian Turner -Bowman Reveals 6 Common Tax Preparation Mistakes That Could Get You Audited

Spring has officially sprung and we’re working like busy bees on client tax returns these next few weeks before April 15th, and I would like to say: if you have not yet done so, we need to get your information to complete your return as soon as possible. This has been a very busy season … so as much as … Read More

Lillian Turner -Bowman Reveals 6 Common Tax Preparation Mistakes That Could Get You Audited

Once Again, Lillian Turner -Bowman’s 2015 Tax Time Document Chase List

Brackets, brackets, brackets. Depending on when you read this, you may have already filled yours out (or it may already be busted!). Billions fly around every year (probably much of it not reported on Form W-2G!), and it’s become a huge part of this season, as you no doubt know. You know what else is a big part of this … Read More

Once Again, Lillian Turner -Bowman’s 2015 Tax Time Document Chase List

Lillian Turner -Bowman On Carving Away The Fear

I wrote this piece a couple months ago to my business clients and colleagues, whom I keep in touch with outside of these “Personal Strategy Notes”, and I felt that as we turn the corner into March (and we’re staving off the lions, hoping for lambs), it was something that ALL of my contacts should hear. It’s about how we … Read More

Lillian Turner -Bowman On Carving Away The Fear

Turner -Bowman’s Top 11 Overlooked Tax Deductions for 2014

As I’m sure you’ve heard me say before, it’s a good idea to check the accuracy of those tax statements you receive in the mail. Well, on Friday the 20th (Friday afternoon being the perfect time for dumping this junk into the media), those of us who were paying attention found out that almost 1 million taxpayers who purchased Obamacare … Read More

Turner -Bowman’s Top 11 Overlooked Tax Deductions for 2014

A Tax Pro’s Valentine

The tax world was roiling late last week over some fraud detected from within TurboTax. Here is the story: http://onforb.es/1DNkQot Essentially, the makers of the software detected a level of fraud occurring in state tax return submissions that made them decide to completely shut down submission of those returns for a period of time. Eventually, they determined that the apparent … Read More

A Tax Pro’s Valentine

Lillian Turner -Bowman Suggests You Don’t Just Pass Along Money …

We’re knee-deep in tax forms and legal documentation this week (with a nice little dash of healthcare forms thrown in, new for this year). Our families miss us (though apparently, according to the commercial last night, all will be forgiven if I purchase my child a Nissan Maxima), and we’re still in the first quarter of OUR yearly Super Bowl. … Read More

Lillian Turner -Bowman Suggests You Don’t Just Pass Along Money …

Lillian Turner -Bowman Discusses When Our Tax Policy Affects Families

For us here at Lillian’s Professional Services … well, things are heating up. Tax documents are trickling out (organizations have until Monday, Feb. 2 to send everything your way), electronic filing of returns became possible last week (we’ve already filed more than a few!) … and our phone has begun to ring with regularity [(718) 953-6455 in case you need … Read More

Lillian Turner -Bowman Discusses When Our Tax Policy Affects Families