Oct 22, 2018 | Firm Updates, International Tax
The IRS issues Individual Taxpayer Identification Numbers (ITINs) to individuals who are required to have a U.S. taxpayer identification number but who do not have (and are not eligible to obtain) a Social Security number. Certain ITINs expire at the end of each year,...
Oct 16, 2018 | Firm Updates, Individual Tax, Retirement Planning
Many people choose to pass assets to the next generation during life, whether to reduce the size of their taxable estate, to help out family members, or simply to see their loved ones enjoy the gifts. If you’re considering lifetime gifts, be aware that which assets...
Oct 11, 2018 | Firm Updates
Sciarabba Walker & Co., LLP is pleased to announce its ranking among the top 400 accounting firms in the United States by INSIDE Public Accounting (IPA). For nearly 30 years, IPA has compiled annual IPA 100, IPA 200, and IPA 300 lists; this is the first ever...
Oct 10, 2018 | Firm Updates, Small Business
In today’s job market, to attract and retain the best employees, small businesses need to offer not only competitive pay, but also appealing fringe benefits. Benefits that are tax-free are especially attractive to employees. Let’s take a quick look at some popular...
Oct 9, 2018 | Firm Updates, Small Business
The New York State Department of Labor and the Division of Human Rights recently finalized guidance regarding the new law requiring all New York State employers to provide a sexual harassment policy, complaint form, and sexual harassment training program to all...
Oct 2, 2018 | Firm Updates, Individual Tax, Retirement Planning
If you are age 70½ or older, you can make direct contributions—up to $100,000 annually—from your IRA to qualified charitable organizations without owing any income tax on the distributions. This break may be especially beneficial now because of Tax Cuts and Jobs Act...
