Why Procrastination Makes Sense in 2020 For New York/New Jersey Metro Taxpayers

We’ve had impeachment votes, worldwide pandemics, quarantine-like lockdowns (for the healthy), public police brutality, widespread protests, intense riots, MURDER HORNETS, statues falling, social media anger and now we have a drunken and murderous monkey to top off our 2020. What’s worse —  the year isn’t even halfway over yet. And there are plenty of other things that we could have … Read More

Why Procrastination Makes Sense in 2020 For New York/New Jersey Metro Taxpayers

Is Your State Broke? Lillian Turner-Bowman Analyzes State Tax Revenue Sources

With national events continuing as they are, here at Lillian’s Professional Services LLC, we’re finding ourselves locking into “go mode” … again. It’s unusual for us to be in this mode smack in the middle of June, but this year has not been … usual. This is because the tax deadline (July 15th, 2020) is barrelling at us. Many of … Read More

Is Your State Broke? Lillian Turner-Bowman Analyzes State Tax Revenue Sources

Financial Mindset Management for Our New York/New Jersey Metro Tax Clients

Based on the history of events over the course of the last few decades (both here in New York/New Jersey Metro and beyond), you might have thought that world events would have slowed down in the last week — that there could begin to be some sense of normality. But no. This isn’t a normal time in our nation. It’s … Read More

Financial Mindset Management for Our New York/New Jersey Metro Tax Clients

Which Stimulus Payments Are Taxable (and Which Aren’t) For New York/New Jersey Metro Taxpayers

All over our nation, we’re seeing pain. It’s overwhelming, as someone who has to communicate to a broad base of New York/New Jersey Metro clients, to even articulate meaningful words about everything that is happening. So … I’m just doing what I can to sit in the pain of it all with my friends, and not try to brush past … Read More

Which Stimulus Payments Are Taxable (and Which Aren’t) For New York/New Jersey Metro Taxpayers

The Important Details of Mortgage Forbearance For New York/New Jersey Metro Taxpayers

Here we are, just out of perhaps the oddest Memorial Day weekend in memory. The summer is here! But it feels like much of our country is still mired in winter. And that feels like it is still the case, no matter the hints of progress against this virus, and no matter the steps taken towards reopening you might be … Read More

The Important Details of Mortgage Forbearance For New York/New Jersey Metro Taxpayers

The Breakdown Of Trust In New York/New Jersey Metro And How To Rise Above

I’ve written a fair amount over the past few weeks about all of the specific provisions in the CARES Act, related to economic stimulus checks, various tax savings strategies, financial implications, and then some. And I will continue to be covering these topics in the weeks ahead. But today I want to address you around this particular social moment we’re … Read More

The Breakdown Of Trust In New York/New Jersey Metro And How To Rise Above

New York/New Jersey Metro Folks With Student Loans, Or Who Take An RMD, You’ve Got To Read This

It feels to me that we’re all in need of some good news. I have some great news for the young (ish) and the old (ish), but before I get there, I’d like to encourage EVERY person who is reading this: Keep your head in the game. Yes — we can so easily get caught up in seemingly-nefarious schemes on … Read More

New York/New Jersey Metro Folks With Student Loans, Or Who Take An RMD, You’ve Got To Read This

Separating Truth From Fiction Around The Stimulus Payments For New York/New Jersey Metro Taxpayers

Now, more than ever, it’s important to keep your mind clear. With so many of us spending more time than ever online and on our devices, there are even more opportunities for falling — no, DIVING — into rabbit holes of distraction and unproductive emotion. Yes, I’m a local New York/New Jersey Metro tax professional. We’re not known for our … Read More

Separating Truth From Fiction Around The Stimulus Payments For New York/New Jersey Metro Taxpayers

What New York/New Jersey Metro Area Taxpayers Should Know About COVID-Related Scams

Anytime (like now) that there is a rollout of government assistance, we, here in New York/New Jersey Metro, can count on two things: 1)    Bumps in the road (it’s hard to manage many millions of people needing help) 2)    SCAMS I haven’t yet heard of any of my local New York/New Jersey Metro clients or friends being taken in by … Read More

What New York/New Jersey Metro Area Taxpayers Should Know About COVID-Related Scams

What New York/New Jersey Metro Taxpayers Should (and Should NOT) Do With Their Economic Stimulus Checks

So, you got that stimulus check (or, as the government wants to call it, your “Economic Stimulus Payment”)… What next for New York/New Jersey Metro families and individuals? Please use these funds wisely. If I could sum up my advice for next steps, it would be this: act like you did NOT receive this payment. And, yes … some of … Read More

What New York/New Jersey Metro Taxpayers Should (and Should NOT) Do With Their Economic Stimulus Checks