Blog
Labor Tax Updates By Lillian Turner-Bowman
Everything about this year since March has just felt a little ... off. And I mean aside from all of the cultural and political turmoil we're living through.The seasonality of everything feels different too. Pro sports are out of sync, "back to school" season surely...
Coming Back to You By Popular Demand “Tax Talk Tuesday”
Starting September 22nd, 2020, on Alternate Tuesdays through January 12th, 2021 Plug in to hear the latest tips and information directly from your trusted Tax Professional Experts. Topics include: COVID-19 Tax Law 2020 Unemployment Benefits PPP Loans EIDL Loans...
How New York/New Jersey Metro Taxpayers Can Lower Their 2020 Tax Bill
Finally, the IRS issued guidance on Friday evening about payroll tax deferrals.And, as we've been communicating ... this may not be a very helpful program for most New York/New Jersey Metro taxpayers. In fact, it's actually up to employers (not employees) whether or...
Controlling Your Tax And Financial Strategy In The Midst Of Chaos By Lillian Turner-Bowman
Still no guidance from the IRS about the payroll tax "holiday" (deferral), so it's extremely unlikely that your New York/New Jersey Metro employer will be ready -- simply because the major payroll companies (Paychex, ADP, Gusto, and many others) don't have the answers...
How To Ensure New York/New Jersey Metro Families Are Prepared For Chaos
Summer is nearing an end, but this has been no ordinary summer.Everywhere, parents are scrambling in the most unusual "back to school" season in memory. Fall sports are in limbo, and others (MLB, NHL, NBA) are operating in a weird Twilight Zone mode. Urban centers are...
Truth and Fiction About the Trump Payroll Tax Cuts For New York/New Jersey Metro Taxpayers
Right now we're living through an age in which media trust has been thoroughly decimated. "Expert" authority itself is being questioned (in many cases, rightly), and misinformation is rampant.That's perhaps one of the reasons I've received so many visits to this...
Now Is The Time For An Estate Plan For New York/New Jersey Metro Taxpayers
Right now, it's almost impossible to escape the conflict, the noise, and the shaming over various cultural decisions we're having to make. Lockdowns, schooling, more economic stimulus, elections, vaccines -- it's all enough to drive you crazy if you pay close...
Lillian Turner-Bowman’s Guiding Principles For Teaching Kids About Money
However you slice it, the schooling situation right now is tough, with no good options.If you are vehemently in favor of full-on school ... well, compassion would dictate that you would recognize that others are having more difficulty with that, for caution's sake or...
A Strategy For New York/New Jersey Metro Taxpayers With A Higher Than Expected Tax Bill
Taking a look around the world these days, and where things seem to be headed...But our heads are high here at Lillian's Professional Services LLC because we worked our tails off for our New York/New Jersey Metro clients this year. We helped a bunch of people save a...
