Still Not Filed Your 2016 Taxes? Time is Running Out! October 15th Is Quickly Approaching!
The last day to file your 2016 tax returns on time is October 15! If you have a history of tax filing procrastination and have not filed your 2016 [...]
Memo – Alimony – Paying It? Receiving It? You Need Tax and Financial Planning
My firm specializes in the income tax and financial implications of divorce. If you are in any stage of a divorce, and have not sought the advice of a [...]
Tax Memo – Newlywed? Finish that Champagne, Then Read These Important Tax Tips
Spring showers bring summer flowers and weddings typically aren’t far behind. Newlyweds have a lot to think about and taxes might not be on the list. However, there is [...]
Tax Memo – Seniors and Retirees – This Memo’s For You
My Retiree and Senior client base continues to grow, and with that comes special tax planning needs. There is so much information out there on taxes and from so [...]
Tax Memo – Shared Economy Issues – UBER, AIRBNB & Other Entrepreneurs
Note From Chris Whalen, CPA: This memo includes important information for all entrepreneurs as well as those participating in the Sharing Economy. If you use one of the many [...]
Tax Memo – IRS Expands Individual Online Info Available
Chris Whalen, CPA Note: The IRS Online tools can be very frustrating. Most of my clients give me a Power of Attorney so I can do this research for [...]
Tax Memo – Filing Taxes Late? Be Ready for Interest and Penalties
Note from Chris Whalen, CPA - Even if you cannot pay your tax, FILE YOUR TAXES ON TIME. You can always apply for an installment plan. Many taxpayers don't [...]
Memo – Trump Tax Plan Update #1
The following is an analysis of President Trump's proposed tax plan as presented on Wednesday April 26, 2017. Note from Chris Whalen, CPA - The information presented here is [...]
Tax Memo – It’s April 1st (My Birthday) Only 14 Days Until Tax Day!
It’s April 1st (my birthday, really) Do You Know Where Your Income Taxes Are? Only 14 days until April 15th!! Call Me So I Can Get Your Extensions Done. Click [...]
Tax Procrastinators! Yes You! April 15th Is Quickly Approaching!
If you have a history of tax filing procrastination, call me immediately for CPA Therapy Sessions. The IRS got more than 131 million tax returns last month. Was yours [...]
Memo – FAKE NEWS! (well, fake tax news)
Everyday I get questions related to things people have heard about taxes on the radio, television or internet. Most of these are FAKE (tax) News. Here are the top offenders: [...]
Memo – Real Estate Agents – Trump’s Tax Plan Is Great For You
Take a good look at this man. Trust him? Maybe not.. But I do know..... Real Estate Agents - Trump means larger home sales for you! Realtors should be considering the tax [...]
Interview – Trump Tax Planning with Chris Whalen, CPA
Click here to request a consultation or ask me a question. Please reach out to me without hesitation with any tax, business or accounting question, and to [...]
Tax Memo – Dangerous W-2 Phishing Scam Evolving
URGENT ALERT! Please forward this email, after reading it yourself of course, to your employer's Human Resources Department. Chris Whalen, CPA is issuing an urgent alert to all employers that the [...]
Tax Memo – File A NYS Return? You Must Now Give Your Driver’s License #
Overview Beginning in Tax Year 2015—following the lead of the IRS—New York began to capture taxpayers’ driver license or state-issued ID (non-driver ID) information for their electronically-filed personal income tax [...]
Tax Memo – 2017 Mileage Rate is 53.5 cents Per Mile
2017 Standard Mileage Rates for Business, Medical and Moving Announced WASHINGTON — The Internal Revenue Service today issued the 2017 optional standard mileage rates used to calculate the deductible costs [...]
Memo – W2 Missing? Here’s What To Do
More and more I am hearing from clients whose former employers are failing to send them W2s. You don’t have to feel helpless in this situation. There are specific steps [...]
Memo – You Need A Business Line of Credit – Here’s Why
If you only take away from concept from this memo, let it be this. The best time to apply for a line of credit is when you don’t need one. [...]
Tax Memo – 2017 Tax Rates Announced by IRS
NOTE: With the election of Donald Trump, these rates are subject to change. The IRS has announced the 2017 Tax Rates. How much tax will you be paying in [...]
Tax Memo – Identity Stolen? Take These Steps Immediately
Identity Theft is on the rise nationally. If you have been victimized, there are steps that you can immediately take to protect yourself and mitigate your future losses. These steps start [...]
Tax Memo – 2017 IRS Refunds Will Be Delayed – Plan Now
I am encouraging my clients to consider a mid-year tax withholding checkup following several new factors that could affect their refunds in 2017. Taking a closer look at the taxes being withheld [...]
Tax Memo – Afraid To File Your Taxes? Don’t Be!
Please read and share this informative memo. Click Here To Read The Memo Please reach out to me without hesitation with any tax, business or accounting question, and to schedule [...]
Tax Memo – Charitable Contributions – My Top Tips
Fall marks the beginning of charitable gift giving season. Remember, your donation or gift must be made by December 31 in order for it to be deductible in the current [...]
Tax Memo – Death and Tax Refunds
A decade ago, few of us had heard of identity theft. Now, most of us know someone who has been a victim. And of course, a large portion of ID [...]
Tax Memo – W2 and 1099 Filing Deadlines have changed for 2016
For 2016, there are new filing deadlines for W2s and 1099-Misc forms as follows: Form Recipent Due Date Government Copy Due Date W2 January 31, 2017 January 31, 2017 [...]
Tax Memo – Five Tips on Estimated Tax Payments
You usually will have taxes withheld from your pay if you are an employee. However, if you don’t have taxes withheld, or you don’t have enough tax withheld, you may [...]
EBook – NJ Real Estate Exit Tax by Chris Whalen, CPA
Click HERE to read my free EBook on NJ Exit Tax. Please reach out to me without hesitation with any tax, business or accounting question, and to schedule a consultation. Tax [...]
Tax Memo – Five Tips For Starting a Business
Understanding your tax obligations is one key to business success. When you start a business, you need to know about income taxes, payroll taxes and much more. Here are my [...]