WFFA Admits Mia Lee and Brian Sauer to Partnership

WFFA is pleased to announce that Mia Lee and Brian Sauer will be joining WFFA’s leadership team as partners in the firm beginning in 2024.
WFFA is pleased to announce that Mia Lee and Brian Sauer will be joining WFFA’s leadership team as partners in the firm beginning in 2024.
WFFA partner, Jason Ackerman, explains what bonus depreciation means for a New York taxpayer.
Read up on New York State’s new COVID-19 tax credit for small businesses in our latest Article
New York state has finally answered our questions regarding the new Pass Through Entity Tax (i.e. the SALT workaround), which can help you decrease your tax bill. The election to opt in to this new tax must be made by October 15th, 2021. This article will walk you through exactly how to make the election on the NYS website.
The limitation on the deductibility of state and local taxes (“SALT”) at $10,000 was part of the Tax Cuts and Jobs Act back in 2017. Learn about New York’s pass-through entity tax to help you work around it.
New York state has revealed its new budget, along with several tax changes. We cover the tax highlights that may be relevant to your wallet and your business.
Have you received a notice about a $100 Biennial Fee for NYS? Wondering if it is legit? Send it over and let us help you determine whether it’s official before making any payments!
You need to give careful consideration to your state taxes (and the Resident Credit) when you live in one state and work in another. We take a look at this situation for a hypothetical taxpayer who commutes from NJ to NYC.