February Client Bulletin

Get up to speed on the 2020 tax filing season, rules for retirement saving, a new W-4 and its effect on Human Resources and how to set up your business accounting system in February’s newsletter.
Get up to speed on the 2020 tax filing season, rules for retirement saving, a new W-4 and its effect on Human Resources and how to set up your business accounting system in February’s newsletter.
Welcome 2020. A new year calls for a fresh look at your financial strategies. Consider how to make the most of your savings accounts — and don’t forget you still have time to fund your IRA! You can also try the following fail-proof tricks to keep your New Year’s resolutions on track.
Will you pay more taxes on Social Security in 2020? Iryna Sam, CPA and Tax Supervisor at WFFA, details what you need to know about Social Security taxes in the upcoming year.
As the year comes to a close, brush up on helpful topics in our December newsletter including, your yearly credit report, 3 major charity scams, cash flow as a part of your business plan and understanding independent contractors.
2020 is coming quick — are you prepared? Take stock now and learn about the year-end moves that’ll help you save. Plus, consider how the 2020 Social Security changes will affect your plans.
Learn about Form 1040 updates, the new Marketplace Facilitator sales tax laws for anyone that sells through Amazon or eBay and more.
The IRS is expanding a pilot program that uses Identity Protection Personal Information Numbers (IP PINs) to provide an extra layer of security for taxpayers. Learn more about the program.
The deadline to complete sexual harassment prevention training for NYS companies is rapidly approaching. Learn about what the training must include and which deadlines to be aware of.
In this issue you’ll find tips on what to do if you get an IRS letter in the mail, advice for business owners about selecting the right employee health insurance, and a list of ways to help older adults avoid scams.
Summer is starting to wind down and the kids will soon be headed back to school. Now is a great time to review if you’ve had, or will have, any special taxable events this year. Check out this months newsletter for end of summer advice.