Income Taxes


The Latest

  • March 28, 2014

    NEW YORK (MainStreet) — Over the years many clients have asked me, most of them jokingly, if they can deduct the costs of keeping their dog or cat. One would think the obvious answer is no (...

  • March 25, 2014

    An actor emailed me to ask if he could deduct his gym membership as a business expense, since staying in shape leads to more roles.

    The same question could have been asked by one of my police or firefighter clients.


  • March 24, 2014

    Modified Adjusted Gross Income (MAGI) can qualify you for a number of credits, benefits, and exclusions, which makes it important to calculate for tax purposes.

    Your MAGI is used to determine your eligibility for various Federal tax...

  • March 20, 2014

    If you’re worried where your state tax refund status is, there are a few ways to check. Make sure you have your state tax return in front of you for reference.

    Each state is different, from the types of taxes that are imposed to the manner...

  • March 19, 2014

    Did you receive your tax refund this year? Did you neglect to send a tax return, thinking your income was too low?

    You might have a stack of cash waiting for you.