5 minutes read
Every year, taxpayers forfeit more than one billion dollars of their money to the government. Missed tax credits and deductions, choosing the wrong filing status, not filing at all and other errors all keep taxpayers from getting all they are due in tax refunds.
2 minutes read
The New York State Department of Taxation wants all tax returns filed electronically this year. In years past, they have assessed penalties to Paid Income Tax Preparers as an “incentive” to file returns they prepare electronically. This year, they have gone one step further. New York is now assessing penalties directly to the tax payer as well as the tax preparer:
5 minutes read
With all the uncertainty the still remains regarding the tax code for 2011, there is still some steps you can take to help save or off-set some taxes. Here are 5 tips from small business advocate Barbara Weltman to help you out before the apple drops on 2011:
1 minute read
We’ve updated our look this year! Our old logo served us well over the last twenty years or so, but we felt it was time for a change. Over the course of the next year, we will be gradually phasing out our old green logo, and phasing in the new tricolor logo. Most of our 27 locations will be co-branded with both so as to not completely confuse our clients. We hope you like it as much as we do. Please feel free to let us know how we can continue to improve our...
2 minutes read
As reported today, 12/9/11, Republic Bank has settled with the FDIC to shut down it’s Refund Anticipation Loan (RAL) Business. As part of the settlement, Republic will pay a $900,000 fine, and completely shut down the RAL by April 30th, 2012.
1 minute read
The Small Business Community Association (SBCA) has selected R&G Brenner Income Tax to receive the 2011 Best of Business award in the field of Income Tax Preparation for the NY Metro Area. This is the second time that R&G Brenner has received this award. Thanks to all of R&G Brenner’s hard working associates and staff who made this award possible. And a special “thank you” goes out to all R&G Brenner clients. Is is due to your loyal patronage that R&G Brenner will be celebrating it 71st...
1 minute read
I am pleased to announce the location of our new Midtown Manhattan office!
3 minutes read
This past June, New York became the 6th state to legalize same sex marriage. Regardless of ones individual beliefs concerning same-sex marriage, this much is clear: Tax laws–which are already complex & confusing–are that much more baffling for same-sex couples. This is mainly due to the fact that the Federal Government does not recognize same-sex unions. Same-sex couples must file separate federal returns, however they can file jointly in New York State and some other states that recognize...
4 minutes read
Even in the face of severe federal & state deficits, many tax benefits are due to raise for tax year 2012 (calendar year 2013). By law, tax provisions are required to keep pace with inflation. The new dollar amounts affecting most taxpayers are:
1 minute read
Oct. 17 is a key deadline for millions of individual taxpayers who requested an extension to file their 2010 tax returns. The IRS expects to receive millions of tax returns from taxpayers who used Form 4868 to request a six-month extension to file their returns.