Not Much "Umph" Left in the U.S. Economy ~ E-Newsletter 57 - 5/6/2013
Almost four years after the Great Recession officially ended in June 2009, the U.S. economy remains mired in sluggish growth with high unemployment and stagnant wages.
Answering Americans' Top Five Questions about Social Security ~ E-Newsletter 56 - 4/24/2013
Americans want to know how to get the most from their Social Security benefits, and they have posed more than 11,000 questions to AARP over the years.
Workers Saving Too Little ~ E-Newsletter 55 - 3/20/2013
Workers and employers in the U.S. are bracing for a retirement crisis, even as the stock market sits near highs and the economy shows signs of improvement.
Tax Breaks for Everyone (Even Top Earners) ~ E-Newsletter 54 - 3/5/2013
If you're a high-income type, you're probably painfully aware that some tax breaks are phased out (either reduced or eliminated) as your adjusted gross income, or AGI, increases.
IRS Extends Tax Relief to Some New Jersey and New York Victims of Hurricane Sandy; Return Filing and Tax Payment Deadline Extended to April 1, 2013 ~ E-Newsletter 53 - 2/6/2013
In the aftermath of Hurricane Sandy, the Internal Revenue Service announced additional tax relief to affected individuals and businesses.
19th Annual AVZ Long Island Economic Survey & Opinion Poll Shows More Optimism for National Economy vs. Long Island Economy ~ E-Newsletter 52 - 1/17/2013
This year marks the 19th Annual Long Island Economic Survey and Opinion Poll.
2012 American Taxpayer Relief Act - Overview ~ E-Newsletter 51 - 1/4/2013
After weeks, indeed months of proposals and counter-proposals, seemingly endless negotiations and down-to-the-wire drama, Congress has passed legislation to avert the tax side of the so-called "fiscal cliff."
Holiday Greetings ~ E-Newsletter 50 - 12/21/2012
As the door closes on 2012, we look back in thankfulness as we move forward with optimism. We mourn a national tragedy, recover from an epic storm and we give gratitude to the many heroes among us.
AVZ LI Economic Survey & Opinion Poll Executive Breakfast ~ E-Newsletter 49 - 12/20/2012
19th Annual Long Island Economic Survey & Opinion Poll Executive Breakfast & Panel Discussion
Planning for the Fiscal Cliff ~ E-Newsletter 48 - 11/30/2012
Nearly three weeks after the U.S. election, Wall Street remains focused on politics.
From our Home to Yours - A Thanksgiving Day Message ~ E-Newsletter 47 - 11/20/2012
We are always happy when Thanksgiving is approaching, because this wonderful holiday affords us the opportunity to thank all of our friends.
AVZ's LI Economic Survey & Opinion Poll Executive Breakfast - January 8, 2013 SAVE THE DATE ~ E-Newsletter 46 - 11/19/2012
AVZ and Long Island Business News is pleased to announce that the 2013 Long Island Economic Survey & Opinion Poll results will be revealed at a Business Leader's Breakfast on January 8, 2013 at the Crest Hollow Country Club.
AVZ Sends Out 19th Annual Long Island Economic Survey & Opinion Poll Questionnaire ~ E-Newsletter 45 - 11/15/2012
The AVZ 2013 Long Island Economic Survey & Opinion Poll questionnaire, is in the mail, on its way to over 5000 business owners and senior executives.
Hurricane Sandy Disaster Relief ~ E-Newsletter 44 - 11/14/2012
The attached contact sheet, was recently distributed by FEMA. It consolidates information on who to contact for assistance with various issues.
Our Thoughts Are With You ~ E-Newsletter 43 - 11/5/2012
Hurricane Sandy Message
Tax Update Seminar Postponed ~ E-Newsletter 42 - 10/26/2012
Due to Impending Hurricane Sandy
Reminder Tax Update Seminar Invitation ~ E-Newsletter 41 - 10/22/2012
Please Join Us
Tax Update Seminar Invitation ~ E-Newsletter 40 - 10/4/2012
Health Care and Impending Expiration of Bush Income & Estate Tax Benefits
Small Business - Big Risks Fraud Controls Lacking at Organizations with Fewer than 100 Employees ~ E-Newsletter 39 - 10/2/2012
Small businesses are significantly more likely than their larger counterparts to neglect instituting basic antifraud controls that could save them from costly losses, a recent worldwide survey shows.
Will Health Care Hurt Boomers Retirement? ~ E-Newsletter 38 - 9/25/2012
The numbers are staggering--10,000 baby boomers are entering retirement age every day and the pace will continue for the next 20 years, according to the Pew Research Center.
Health Care Laws Tax Hikes are Coming: Who Pays? ~ E-Newsletter 37 - 8/15/2012
Who gets thumped by higher taxes in President Barack Obama's health care law? The wealthiest 2 percent of Americans will take the biggest hit, starting next year. And the pain will be shared by some who aren't so well off - people swept up in a hodgepodge of smaller tax changes that will help finance health coverage for millions in need.
Bush Tax Cuts: What You'd Pay Under Rival Plans ~ E-Newsletter 36 - 7/30/2012
Congress starts voting this week over competing proposals for how to extend the Bush tax cuts.
Happy Fourth of July ~ E-Newsletter 35 - 7/4/2012
Independence Day, commonly known as the Fourth of July, is a federal holiday in the United States commemorating the adoption of the Declaration of Independence on July 4, 1776, declaring independence from the Kingdom of Great Britain.
Inflation Makes Big Incomes Smaller ~ E-Newsletter 34 - 6/25/2012
One hundred thousand dollars. Since the 1980s, the magical "six-figure" salary has been a benchmark for financial success. Not too long ago, that income often meant two nice cars in the garage of a large house, fun family vacations and plenty of money left over to save for retirement and college tuition.
Important Information for Plan Sponsors of Cafeteria Plans ~ E-Newsletter 33 - 6/8/2012
This is a message to Plan Sponsors of Cafeteria Plans, including Premium Only Plans (POP) and Plans with Health Care and/or Dependent Care Spending Accounts and/or Employer Flex Credits.
Spoil Your Grandkids, Cut Your Tax Bill ~ E-Newsletter 32 - 5/29/2012
For many taxpayers, there is no greater pleasure in life than spoiling their grandchildren. When it comes to paying for college, grandparents can also reap substantial tax benefits on top of the enjoyment of watching their grandkids benefit from higher education.
How to Negotiate a Better Price on Everything ~ E-Newsletter 31 - 4/23/2012
These days, many people rely on technology to save money. They go online for Groupon offers, they print coupons, and they scan deals pages.
How Long Should You Keep Your Tax Returns? ~ E-Newsletter 30 - 4/10/2012
This is the time of year when we get a lot of questions from people about how long they should keep their tax returns and records.
2012 Estate & Gift Tax - Act Now ~ E-Newsletter 29 - 3/27/2012
It's a sad fact but true, that due to the current economic crises, many of us have assets with present values lower than the price we paid.
12 Tempting Tax Tips to Save You Money for 2012 ~ E-Newsletter 28 - 3/6/2012
There are still many tax considerations in the coming year. Here are 12 tax tips, reminders and planning tools for 2012.
2011 Tax Law Changes - Federal Return ~ E-Newsletter 27 - 2/15/2012
Before you file your 2011 federal income tax return in 2012, you should be aware of a few important tax changes that took effect in 2011.
Health Care changes as a result of the 2012 Health Care Act ~ E-Newsletter 26 - 1/26/2012
Although most of its major provisions will take effect in subsequent years, the health care reform legislation passed in 2010 contains a major provision that is effective in 2011
18th Annual Economic Survey & Opinion Poll Results ~ E-Newsletter 25 - 1/12/2012
Our eighteenth annual survey results are in. Topline findings revealed that confidence in the Long Island economy outpaced the rating for the national economy as a whole.
Robert S. Posner Admitted as Partner ~ E-Newsletter 24 - 1/3/2012
AVZ is proud to announce that Robert S. Posner of East Northport has been admitted as a Partner.
Happy Holidays ~ E-Newsletter 23 - 12/20/2011
As the Holiday season is upon us we'd like to take this opportunity to thank you for your business and friendship.
New York-Corporate, Personal Income Taxes: Legislation Revising Rates and Adding Credits Enacted ~ E-Newsletter 22 - 12/14/2011
New York Gov. Andrew M. Cuomo has signed legislation containing new credit provisions and modifications to the corporate franchise and personal income tax rates, including a restructuring of the individual income tax brackets.
Happy Thanksgiving ~ E-Newsletter 21 - 11/22/2011
From our Home to Yours
2011 Year End Planning ~ E-Newsletter 20 - 10/20/2011
Twenty-five years ago, Congress overhauled the Tax Code in the Tax Reform Act of 1986. At that time, the 1986 Tax Reform Act was lauded for simplifying a Tax Code that had grown too complex.
AVZ Sends Out 18th Annual Long Island Economic Survey & Opinion Poll ~ E-Newsletter 19 - 10/3/2011
The AVZ 2011-2012 Long Island Economic Survey & Opinion Poll questionnaire is in the mail, on its way to over 5000 business owners and senior executives. The annual survey by Albrecht, Viggiano, Zureck & Company, P.C.,(AVZ) a premier Long Island accounting and wealth management firm, takes the pulse of the Long Island business community and its economic outlook for the coming year.
President Proposes $447 Billion Jobs Package; Offsets Target Higher Incomes, Carried Interest ~ E-Newsletter 18 - 9/21/2011
President Obama has challenged Congress to immediately pass the American Jobs Act of 2011 - a $447 billion jobs package, including payroll tax cuts and tax credits to encourage hiring, along with extended 100 percent bonus depreciation, which would be paid for by limiting deductions for higher income taxpayers and changing the taxation of carried interest.
AVZ Promotes Jill Gunzel ~ E-Newsletter 17 - 9/8/2011
AVZ is proud to announce that Jill K. Gunzel of Smithtown has been promoted to Principal.
Fitch Affirms U.S.A. at AAA ~ E-Newsletter 16 - 8/16/2011
Fitch Ratings said on Tuesday it affirmed the United States' top-notch credit rating at AAA, giving the world's largest economy a reprieve after it was downgraded by Standard & Poor's little more than a week ago.
Debt Deal - What Does It Mean? ~ E-Newsletter 15 - 8/3/2011
At long last, a deal on raising the debt ceiling and cutting spending has been reached. The agreement, which the White House dubbed "a Win for the Economy and Budget Discipline," includes: a $2.1 trillion increase in the debt ceiling and 10-year discretionary spending caps generating nearly $1 trillion in deficit reduction (balanced between defense and non-defense spending) over ten years.
How Big Will Your Monthly Social Security Payment Be? ~ E-Newsletter Issue 14 - 7/13/2011
Not outliving their retirement savings is emerging as one of baby boomers' top concerns. One of the most important decisions you make, in this regard, is when to claim Social Security benefits.
In The City Often? The Tax Man Asks Some for Tally ~ E-Newsletter Issue 13 - 6/28/2011
One couple, in a spirited attempt to claim that they were not subject to $41,000 in New York city income taxes, contended that their million-dollar Manhattan apartment was little more than "a hotel substitute" and that their "historic roots" were on Long Island, where they kept a yacht and a 3,500-square-foot home.
Taxpayer Identity Fraud is Soaring ~ E-Newsletter Issue 12 - 6/1/2011
Imagine filing your tax return and learning that someone else got your refund.
Filing a Notice of Federal Tax Lien ~ E-Newsletter Issue 11 - 5/17/2011
Certain unperfected or "secret" liens are not valid unless the IRS files a Notice of Federal Tax Lien ("NFTL")
Taxability of Golf Club Dues & Playing Fees Discussed ~ E-Newsletter Issue 10 - 5/2/2011
Annual dues paid by members of the taxpayers golf club are subject to NY sales and use tax
Obama Signs 1099 Repeal ~ E-Newsletter Issue 9 - 4/19/2011
President Obama signed on April 14 a bill to repeal controversial expanded information reporting on Form 1099
Katie Connors Elected LIBN Top 50 Women 2011 ~ E-Newsletter Issue 8 - 3/23/2011
AVZ's Katie Connors Receives an Outstanding Honor
Sales and Use Tax ~ E-Newsletter Issue 7 - 3/10/2011
Sales and Use Tax: Imposition of Fraud Penalty Affirmed
Reporting Requirements for Landlords ~ E-Newsletter Issue 6 - 2/24/2011
New 1099 Reporting Requirements for Landlords
Federal Tax Relief Act of 2010 ~ E-Newsletter Issue 5 - 2/9/2011
Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010
Health Care Reform Act ~ E-Newsletter Issue 4 - 1/27/2011
Patient Protection and Affordable Care Act, Health Care and Education Reconciliation Act of 2010
2010 Tax Year ~ E-Newsletter Issue 3 - 1/4/2011
Major Tax Law Changes In 2010
Long Island Economic Survey Results ~ E-Newsletter Issue 2 - 12/23/2010
2010-2011 Long Island Economic Survey & Opinion Poll Results
Final Tax Relief ~ E-Newsletter Issue 1 - 12/17/2010
Latest News on Tax Relief/Job Creation Act of 2010
April - May 2010 Focus Newsletter - 4/1/2010
Moving Day: Your new home state can change your tax circumstances
February - March 2010 Focus Newsletter - 2/1/2010
This For That: Barter makes a comeback in this economy