How long does it take to get your tax refund?

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! By Bankrate Your annual income tax return may seem quite complex to fill out, but its structure is actually quite simple. On this document you calculate all of your earnings and…

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Do you have to file taxes? The answer depends on your age, income and filing status

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! By Bankrate   Some people don’t need to file taxes every year, but this reprieve from tax duties generally applies to those whose earnings don’t meet certain thresholds. You must consider…

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Do you have everything you need before you file a federal tax return this year?

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! By Taxpayer Advocate Service  There are several changes that might require some up-front actions by you, so that you are ready to file your federal tax return this coming year. The…

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IRS Issues Guidance For Energy Tax Credit Claimants

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! By Tax News  The US Internal Revenue Service, in its Notice 2017-04, has updated and clarified the guidance provided in its prior notices regarding the extension, at the end of last…

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IRS Announces 2017 Filing Season Date

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation!   Download our 2016 year-end tax planning guide for free!  By Tax News The Internal Revenue Service (IRS) has announced that the next US tax season will begin on January 23, 2017,…

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IRS Launches ‘Balance Due’ Online Tool

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! By Tax News The Internal Revenue Service (IRS) has announced the launch of an online application that will assist US taxpayers with tax account balance inquiries. The new and secure tool,…

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Don’t fall for phone or email tax scams

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! By: Bankrate Tax crooks continue to come up with new ways to try to get their hands on your money. The latest scam is a play on a common tax notice…

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Plan would give retirement savers more time

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! By Bankrate I admit it. I’m thinking about retirement. Of course, I’ve been thinking about retirement since I was 30. Back then, my retirement thoughts were (mostly) about socking away money…

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IRS selects 4 private tax collectors

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! By Bankrate If you have an unpaid federal tax bill, Uncle Sam is coming for his money. But instead of Internal Revenue Service agents, he’s sending bill collectors. Yes, the IRS…

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Employers face deadline to claim tax credit for new hires

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation! The Work Opportunity Tax Credit, or WOTC, gives employers a tax reason to hire people who’ve had a hard time finding work. But like most tax matters, the WOTC comes with deadlines.…

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