News

New York Office Renovations: August 2nd – August 21st, 2018

New York Office Renovations August 2nd -  August 21st, 2018 Dear customers and friends, As you may already know, ...

Major Lease Accounting Change

The Financial Accounting Standard Board (FASB)’s lease accounting standard change, Accounting Standards Update (ASU) 2016-02, ...

New York State Paid Family Leave

As of January 1, 2018, most employees who work in New York State for private employers are eligible to take Paid Family ...

FAQ & Hot Topics

SSN VS ITIN

Q. What’s a Social Security Number? (and, most important, do I need one?) A. In the UNITED STATES, a Social Security number (SSN) is a nine-digit number issued to US CITIZENS, PERMANENT RESIDENTS (GREEN CARD HOLDERS, and TEMPORARY RESIDENTS (WORKING VISA HOLDERS). The number is issued to an ...

Estimated Income Tax for Individuals

Q. What is the Estimated Income tax? A. Income tax is a pay-as-you-go tax. This means that you must pay taxes as you earn or receive income during the year There are two ways to do it… Withholdings Estimated Tax If you are an employee, your employer most probably ...