FROM GASBUDDY Average retail gasoline prices in New York have fallen 1.1 cents per gallon in the past week, averaging $2.41/g Sunday, according to GasBuddy’s daily survey of 6,118 gas outlets in New York. This compares with the national average that has fallen 0.3 cents per gallon in the last week to $2.29/g, according to […]
By Phillip E. Goldstein, Managing Partner Goldstein Lieberman & Company LLC Business Advisers and Certified Public Accountants Think the Alternative Minimum Tax rules donโt apply to you? Think again! While Congress originally devised the alternative minimum tax (AMT) rules to ensure that high-income individuals who take advantage of multiple tax breaks will still owe taxes […]
In 1960, George Nissen, former gymnast and inventor of the trampoline, borrowed a kangaroo from a farm on Long Island and trained it to jump with him in Central Park as a publicity stunt to promote the use of his unique […]
LETTER FROM OWNER DANIELLE RIZZO AGA Bottle Return is a redemption center that offers many benefits to the city of West Haverstraw and the surrounding towns.ย A redemption center is a facility offering to pay the refund value of any empty beverage container to redeemers including citizens of the city, schools, local businesses,ย community clubs, […]
BY PHILLIP E. GOLDSTEIN Managing partner Goldstein Lieberman & Company Certified Public Accountants and Business Advisors Nothing is sure in this life except death and taxesโฆbut that doesnโt mean that businesses and individuals wonโt try to find ways to avoid both. Recently, the IRS declared that a โ100% penalty”ย can be assessedย against the person responsible for […]
Buckle your seat beltsโฆFiguring out your allowable moving expense write-offs could be a bumpy ride! By: Phillip E. Goldstein, managing partner Goldstein Lieberman & Company Certified Public Accountants and Business Advisors Allowable moving expense write-offs are “above-the-line” deductions. That means you don’t have to itemize these costs on your tax return to benefit. But before […]