ABCs of AMT

ABCs of AMT

By Phillip E. Goldstein, Managing Partner Goldstein Lieberman & Company LLC Business Advisers and Certified Public Accountants Think the Alternative Minimum Tax rules don’t 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 […]

AGA BOTTLE RETURN OPENS IN WEST HAVERSTRAW

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.  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,  community clubs, […]

BE 100% SURE THAT YOU AVOID THE 100% PENALTY!

BE 100% SURE THAT YOU AVOID THE 100% PENALTY!

BY PHILLIP E. GOLDSTEIN Managing partner Goldstein Lieberman & Company Certified Public Accountants and Business Advisors Nothing is sure in this life except death and taxes…but that doesn’t mean that businesses and individuals won’t try to find ways to avoid both. Recently, the IRS declared that a “100% penalty” can be assessed against the person responsible for […]

MAKING A WORK-RELATED MOVE?

MAKING A WORK-RELATED MOVE?

Buckle your seat belts…Figuring 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 […]

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