New York Sales Tax on Short-Term Rentals: What Owners Actually Need to Get Right
Short-term rentals have become a meaningful source of income for many property owners across New York. But from…
News & Publications
-
-
Do You Truly Qualify as a Real Estate Professional?
Many real estate investors are confident they qualify as a Real Estate Professional. They spend time at properties….
-
New Rules for Employee Meals and Perks in 2026
For many small and mid-sized businesses in the greater New York metro area, employee meals and workplace perks…
-
Trump Accounts: What You Should Know Before Filing Your 2025 Tax Return
A new federal savings program referred to as “Trump Accounts” could be an opportunity that families welcoming babies…
-
Why Waiting Until the Last Minute to File Is Riskier Than Ever
For years, many business owners relied on a simple rule: if it was in the mail by the deadline, the postmark would protect them. That assumption doesn’t hold up the way it used to.
Changes in how mail is processed mean that envelopes are not always postmarked the day they’re dropped off. For time-sensitive filings, tax returns, extensions, and payments, that gap can be the difference between “on time” and penalties. And it highlights a bigger issue: waiting until the deadline leaves very little margin for error.
-
How 2026 Tax Inflation Adjustments Could Shape Your Business and Personal Finances
The IRS has released its 2026 inflation-adjusted tax updates, and while the headlines focus on higher deductions and shifting tax brackets, the ripple effects for business owners are far-reaching. These changes, which will apply to returns filed in 2027, offer new opportunities for strategic planning, from payroll and benefits decisions to succession strategies and long-term wealth transfer.
Here’s a breakdown of what’s changing, why it matters, and how proactive planning now can help New York and Long Island businesses stay ahead.
-
What the IRS Shutdown Means for Your Business
Key Takeaways When the federal government shuts down, the ripple effects tend to reach everyone eventually, and this…
