Blog
Lillian Turner-Bowman’s Seven End of Year Tax Planning Strategies
Here we are, a week past the election, and it's looking like the year 2000 all over again, with a long, drawn-out process until there is final certification of this election. Back then, it took a full five weeks for all of the legal process to play out. Hopefully, by...
Lillian’s Professional Services LLC’s thoughts on Healthy Skepticism in light of the 2020 Election
Believe it or not, we're very busy around here.While the nation's eyes are fixated on political things, we're spending our days working hard on behalf of our clients right here in New York/New Jersey Metro (and beyond, of course), talking through tax-advantaged...
Effective Financial Documentation Strategies for New York/New Jersey Metro Taxpayers
A few timely things to get to, before I offer you my thoughts on a good task for you to do this week...First of all, the IRS has apparently caught up on processing their backlogged mail that stacked up during COVID closures. Or, well enough, they say.That means that...
Save On Your Taxes With Lillian Turner-Bowman’s Nine Tax Planning Questions
Tax Pro World is abuzz about the increase of the Social Security wage base standard.Well, I should clarify -- most of Tax Pro World is taking naps this week and not really thinking much about taxes whatsoever, ha! After all, that was one of the most epically intensive...
Nine Crucial Questions To Prepare New York/New Jersey Metro Taxpayers For Their 2020 Taxes
First some important reminders for all New York/New Jersey Metro taxpayers, then I have a bunch of questions to which I'd like you to respond...Depending on when you read this, the October 15th tax return extension deadline (for families and individuals) is either...
Tax and Financial Planning for Multi-Generational Caretaking for New York/New Jersey Metro Families
Say it with me: four more weeks. Four more weeks until this crazy election cycle is behind us and we can all return to normal here in New York/New Jersey Metro.Except, well, if it isn't. With the way that 2020 has been going, we might as well emotionally prepare for...
Trump’s Tax Returns Are Not The Real Story by Lillian Turner-Bowman
Like many things political, one of the best ways to look at the tempest of the day is analytical bemusement. This is (always) especially true when it comes to tax issues.And I might have a take today that could surprise you. I am not interested in getting into...
Time To Dream With Your Friendly New York/New Jersey Metro Tax Professional
With the passing of Justice Ginsburg 45 days before the election, we have officially entered the political crazy season.This -- on top of so much conflict surrounding public health measures. It is also in addition to all of the conversation around racial pain, the...
What New York/New Jersey Metro Landlords And Tenants Should Know About The CDC Eviction Stay
Floating under the radar during so much NOISE the past couple weeks ... the CDC announced a halt to evictions for renters, and that starts THIS WEEK.I have some guidance today for you about what that means (and what it doesn't), but a couple other things first, before...