Articles

Should you save it? What are smart ways to spend it? Following is some advice in deciding how to handle a windfall of income.   April and May are the months where taxpayers begin dreaming…

Purchasing or leasing has more of a long-term effect than just on your immediate cash flow. Learn what you have to consider in making the right decision for your business.   As a business owner,…

Alloy Silverstein’s Tax Tip of the Week   “Can I deduct the cost of my spouse on a business trip?” While we can help you with what is and isn’t deductible for business travel expenses,…

What happens if you find out someone you know did not file their return? There are ways to help them get their tax affairs in order that will benefit them down the line.   This…

Identity theft is a growing problem in the United States, and dozens of companies offering various forms of “identity theft” protection have sprung up to combat it. Unfortunately, some these services do little to actually…

The proper tax treatment for an activity varies depending upon whether it is a hobby or a business. Millions of people enjoy hobbies that are also a source of income. Think of baking cupcakes, making…

If there’s one thing that pops up more often than new scams and fraud schemes… …it’s newer versions of electronic devices.   When Apple or Samsung releases the next model of their smartphones each year,…

More than 70 percent of taxpayers will receive tax refunds this year, with refunds averaging $2,860. If you’re part of the fortunate majority, you may be wondering how to spend that extra cash. It’s tempting…