We are a full-service accounting firm dedicated to providing each client with a wide range of personalized and professional, tax, accounting and financial services.
707 Westchester Avenue, Suite 302
White Plains, NY 10604
Tel (914) 400-0300
Fax (877) 631-7471
Text us at (732) 765-2966
7 Oaks Lane
Boynton Beach, FL 33436
Tel (561) 922-7330
Below please find daily updates pertaining to the latest in financial, business, and tax news:
On January 9, 2019, the United States Internal Revenue Service announced the launch of a new Gig Economy Tax Center, which is intended to help taxpayers meet their tax obligations through more streamlined information. ...Wed, Jan 15, 2020
According to French Finance Minister Bruno Le Maire, France and the United States will in the next two weeks attempt to reach a compromise over their ongoing dispute regarding France's new digital services tax....Wed, Jan 08, 2020
On January 6, 2020, the United States Trade Representative (USTR) announced that an on-the-record but off-camera public hearing would be held on January 7 on proposed action against France's digital services tax (DST). ...Wed, Jan 15, 2020
The United States Internal Revenue Service has recently updated its list of frequently asked questions and answers on the tax treatment of transactions involving virtual currencies. ...Mon, Dec 23, 2019
On December 17, 2019, the United States House of Representatives passed a year-end spending package, which includes legislation extending numerous expired and expiring tax provisions, and repealing certain taxes introduced to help fund the Obamacare health care reforms. ...Mon, Dec 23, 2019
In a letter to United States Treasury Secretary Steven Mnuchin, the European Council has expressed concern at the lack of action by the US Government to alleviate the compliance burdens of EU nationals and financial institutions with regards to the US Foreign Account Tax Compliance Act. ...Tue, Dec 31, 2019
The Prime Minister of St Kitts and Nevis and Minister of Finance, Timothy Harris, delivered a "tax-free Budget" on December 12, 2019....Mon, Dec 16, 2019
Canada, Mexico, and the US have signed an agreement on amendments to their proposed new trade pact. ...Fri, Dec 06, 2019
On December 2, 2019, the United States Internal Revenue Service issued final regulations on the foreign tax credit following major changes to the US tax code. ...Fri, Dec 06, 2019
The United States may impose additional duties of up to 100 percent on certain French products in retaliation for France's digital services tax, which a newly published report by the US Trade Representative has concluded discriminates against certain US companies. ...
Whether its during filing season or after, we get lots of questions about when to come to the Taxpayer Advocate Service (TAS), how we can help, and what information you may need to have ready to talk to us when you do need assistance. The following tips will help answer those questions. When to Contact Us The Taxpayer Advocate Service works in two main ways: helping with individual taxpayer pr...
The Taxpayer Advocate Service wants to help you avoid delays this filing season, including refund delays. If you missed attending one of our local events and you prepare your own tax return, whether it’s through software or on paper, STOP and follow these tax tips (English/Spanish), or watch our video, before you file that federal tax return. Be aware of tax software that imports prior y...Fri, Jan 10, 2020
Subscribe to the NTA’s Blog and receive updates on the latest blog posts from Acting National Taxpayer Advocate Bridget T. Roberts. Additional blogs can be found at www.taxpayeradvocate.irs.gov/blog. Earlier this week, I submitted to Congress the 2019 Annual Report to Congress and the third edition of the National Taxpayer Advocate’s Purple Book, which presents legislative recomme...Wed, Jan 08, 2020
Each year's Annual Report to Congress identifies the ten most serious problems facing taxpayers and offers recommendations to fix them. ...Mon, Jan 06, 2020
Planning for a refund this year? Use these tax tips and find out what you need to know and understand about tax refund timing, when you could receive it and why you may only get part or none at all. General Information Different factors can affect the timing of a refund. The IRS and partners in the tax industry continue to strengthen tax security reviews to help protect against identity theft a...Mon, Dec 30, 2019
The Taxpayer Advocate Service (TAS) wants to help you be prepared for the tax filing season. One way to avoid tax processing or refund delivery delays is to wait until you’ve received all of your final wage and income statements, such as Forms W-2 or 1099. Why? The IRS checks the income amounts you claim against the forms and information filed by others, like employers. This can include w...Fri, Dec 27, 2019
Planning to file your tax return soon? Before you file your 2019 federal tax return, get tax tips from the Taxpayer Advocate Service (TAS) and avoid delays this tax filing season. The Taxpayer Advocate Service is offering pre-filing season events nationwide and in Puerto Rico, during the week of January 13 – 17, 2020. During those events, Local Taxpayer Advocates will share tips to help y...Fri, Dec 27, 2019
If you have children or other dependents, and qualify to claim them on your tax return, there are a few things you need to know now, and some you may need to act on before you file your 2019 federal tax return. General Information Child and dependent-related tax benefits are some of the most common claimed on federal tax returns each year. If you don’t know which ones you may qualify for,...Fri, Dec 20, 2019
Subscribe to the NTA’s Blog and receive updates on the latest blog posts from Acting National Taxpayer Advocate Bridget T. Roberts. Additional blogs can be found at www.taxpayeradvocate.irs.gov/blog. From all of us at Taxpayer Advocate Service to all of you, we wish you much holiday cheer and all the best in the New Year! We’ll be back after the New Year with a fresh round of blog...
Subscribe to the NTA’s Blog and receive updates on the latest blog posts from Acting National Taxpayer Advocate Bridget T. Roberts. Additional blogs can be found at www.taxpayeradvocate.irs.gov/blog. TAS’s statutory mission is to resolve problems taxpayers encounter as a result of the way the IRS administers the nation’s tax code. In this blog, I would like to call attention...
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Herman & Co, CPAs. P.C. is one of the leading firms in and throughout White Plains, NY. By combining our expertise, experience and the team mentality of our staff, we assure that every client receives the close analysis and attention they deserve. Our dedication to high standards, hiring of seasoned tax professionals, and work ethic is the reason our client base returns year after year.
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