As stones are being unturned and members of the community are demanding action, the Town of Clarkstown is now under immense pressure to investigate and resolve allegations of illegal town property use on Old Stone Road in Valley Cottage. Local activists are accusing a homeowner of adding an illegal second level to their house, building […]
BY PHIL GOLDSTEIN Managing Partner, Goldstein, Lieberman and Co. The Tax Cuts and Jobs Act (TCJA) made significant changes to the child credit. This credit is generally available to taxpayers with children under the age of 17, but the new law adds a new (smaller) credit for other dependents. Here are the details. Old Rules – Under […]
BY ANDREW KABATCHNICK, CPA Preparing for tax time, whether you are preparing yourself or you have a professional, can be a very stressful time for most people. However, there is a lot that can be done to help reduce the anxiety. From organizing you receipts and bank statements to planning ahead and discussing changes with you accountant […]
OMBUDSMAN-ALERT: Congress Must Restore Complete State and Local Tax Deductions From The Federal Income Tax!
BY DR. LOUIS ALPERT Ombudsman Starting today, February 22, 2018, this writer has launched a program in the tri-state region of New York, New Jersey and Connecticut to demand that senators and congresspersons representing these states support legislation he restore the right of tax payers to itemize and deduct their high state and local taxes (SALT) on their […]
BY PHIL GOLDSTEIN Managing Partner, Goldstein, Lieberman & Co. LLC Make sure you take these deductions for 2017 as the new tax law has become the biggest piece of tax reform legislation that’s been enacted since the landmark Tax Reform Act of 1986. It’s expected to have a major impact on individual taxpayers in 2018. […]
By Rockland County Executive Ed Day Every month, Rockland County spends $12,000 on cell phones – a vital tool in this age of instant communication. It’s a necessary cost, but we very easily could be paying $2,000 less for the same service every month. That would save $24,000 a year of your money. Now […]