Blog
Audit-Ready Basics for New York/New Jersey Metro Filers
About 43 days left in “tax season.”That’s right. Only 43(ish) days to fill out those tax forms and submit them to the IRS so you can close the cover on the book of 2022.My team and I have obviously been taking care of this for our New York/New Jersey Metro clients,...
Protecting New York/New Jersey Metro People from IRS Scams
Here we are ... already February is in the rearview. And while this is certainly a less hectic tax season than the past three, it doesn’t mean things are easy. Taxes have traps for the unwary all over the place. A 400-page tax code ensures that. More...
Should New York/New Jersey Metro Filers Use DIY Tax Filing Software?
Let’s dial in right away to an important question: Are you ready to knock out your 2022 tax filing? There are now less than 2 months left to do it. And while that seems like a lot of time, you and I both know, it’s really not. Here’s why: My calendar is chock...
How New York/New Jersey Metro Filers Can Prepare for an IRS Audit
First off – congratulations to the Kansas City Chiefs. From all accounts, it was a pretty epic game. And, of course, there are those commercials. Many great ones, but one quick note about one of, well, “professional interest” for me.The TurboTax campaign (“Don’t...
New York/New Jersey Metro 1040-Filer: How to Handle Crypto Assets on Returns
Now that we're into the first "full" week of February, things are truly heating up for us here at Lillian's Professional Services, at least in terms of our communication volume. And no, we aren't replying to our emails using ChatGPT ... but I wouldn't be...
Turner-Bowman’s Private Foundations as Giving Strategies
Things have certainly picked up for us here at Lillian's Professional Services LLC … we can already tell that we will be quite busy from now until April .Regardless, just a little bump that it would be a very good idea to get on our calendar as soon as you’re...
What You Need for Your New York/New Jersey Metro Tax Appointment
If you were watching football this weekend, you likely noticed TurboTax’s “personalized service” ads. Their timing was impeccable… if not slightly annoying – who wants to think about taxes while on the edge of your seat during a playoff game?The allure of big brand...
Paying Bills in 2023: Lillian Turner-Bowman’s Tips
Last week, the IRS announced the "official" beginning of the 2023 tax season – January 23. That's the date that they start accepting electronically filed returns. (Yes, some New York/New Jersey Metro people really do file their taxes this early.) This is the...
4 Financial Goals New York/New Jersey Metro People Can Reach in 2023
I want to help you today. With your resolutions, that is.You see, if you take a look at the most common resolutions (lose 20lbs, work out more, quit smoking, read more & watch less, etc. etc. etc.) they’re all pretty similar – you might as well get out last year's...