Pros and Cons of Long-Term Care Insurance: Lillian’s Professional Services LLC’s Guide

Before I get into discussing the pros and cons of long-term care insurance, let’s talk about the weather… yeap… the weather. Warm and sunny temps marked the holiday season for most of the US in 2021, ruining visions of a white Christmas. Now, at the beginning of 2022, cold snaps are hitting places people normally escape to for some sand … Read More

Pros and Cons of Long-Term Care Insurance: Lillian’s Professional Services LLC’s Guide

Lillian Turner-Bowman’s List of 2021 Tax Documents Needed for Filing

Ding ding ding! Open season on 2021 tax filing has officially begun, and we’re already rolling up our sleeves and getting to work on tax returns for some of our New York/New Jersey Metro clients. With all the backlog and changes at the IRS, getting ahead of the tax storm is going to make for much smoother sailing come springtime. … Read More

Lillian Turner-Bowman’s List of 2021 Tax Documents Needed for Filing

Lillian Turner-Bowman’s Tips on Getting Help with Medical Debt

Before I get into my tips for getting help with medical debt, let me start out by saying… we’re less than ONE WEEK away from the IRS beginning to receive electronically-filed returns. That means different things to different people in our New York/New Jersey Metro client family, but I can confidently say this to YOU, no matter your circumstance (reasserting … Read More

Lillian Turner-Bowman’s Tips on Getting Help with Medical Debt

Lillian’s Professional Services LLC on the New $600 Reporting Requirement for Digital Payment Apps

To be fair, the new $600 reporting requirement for digital payment apps isn’t a Venmo thing … it’s an IRS thing. (Personally, I’m still amazed by how people share their transactions so publicly on these kinds of platforms. But that’s a topic for another day.) And I normally wouldn’t be so quick to alert you to a tax change that … Read More

Lillian’s Professional Services LLC on the New $600 Reporting Requirement for Digital Payment Apps

Lillian’s Professional Services LLC on Last-Minute Tax Moves for 2021

I remember reaching the end of 2020 … it seemed as if all of us were breathing a huge collective sigh of relief. And then … more chaos. Is it wrong to hope that 2022 will turn out better? Hard to say … but I do know that what I DON’T want to do is retreat into bitter cynicism. That’s … Read More

Lillian’s Professional Services LLC on Last-Minute Tax Moves for 2021

New York/New Jersey Metro Taxpayers, How to Get 2021 Tax Filing Documents in Order

Before I jump into discussing tax filing documents, I hope it’s okay that I spare you all of the “new year, new you” stuff. If you’re anything like me, you’re being inundated with rehashed well-wishes and generic, happy-clappy “time to set some goals!!!” talk. And I don’t know about you, but I’m here to get to work, as is my … Read More

New York/New Jersey Metro Taxpayers, How to Get 2021 Tax Filing Documents in Order

Lillian Turner-Bowman’s “Help Me Remember” Holiday Prayer

These last couple weeks of 2021 are already a little unusual. Current events are swirling around virus policy, the big Biden “Build Back Better” Act seems to have hit a Joe-Manchin-sized brick wall, sports leagues are in an uproar around rising case numbers, and more. And this, of course, on top of the normal holiday haze that New York/New Jersey … Read More

Lillian Turner-Bowman’s “Help Me Remember” Holiday Prayer

Lillian Turner-Bowman’s Strategies for Fighting Inflation

If you’ve been in a New York/New Jersey Metro store lately or visited your local gas pump, you’ve probably noticed some price fluctuations – up and up and up. Every visit, it seems. Inflation is here, and it doesn’t seem to be going anywhere. So, we all have to figure out how to fight inflation by deciding what to do … Read More

Lillian Turner-Bowman’s Strategies for Fighting Inflation

Lillian Turner-Bowman on Year End Tax Strategies

I’m going to go further than I did last week and offer you some tangible things you can do NOW. And look … probably taxes aren’t the first thing on your mind now that the holiday lights are flickering. After all, it’s a happy season for every New York/New Jersey Metro resident, right? But if you want to be happy … Read More

Lillian Turner-Bowman on Year End Tax Strategies

Infrastructure Act Tax Implications for New York/New Jersey Metro Taxpayers

I don’t know about you, but I’m still over here digesting leftovers from last week’s festivities — as well as the passage of that trillion dollar infrastructure act in Washington (more on that in a minute). But as November turns into December, I realize (and you should too): We have very little time to make positive changes to your tax … Read More

Infrastructure Act Tax Implications for New York/New Jersey Metro Taxpayers