Time payments to maximize year-end tax benefits
When accelerating or deferring income or expenses at year end as
part of an overall tax strategy, certain timing rules become
critical. So does the ability to prove to the IRS when certain
FAQ: What is a substitute for return (SFR)?
Under Code Sec. 6020, the IRS has the authority to prepare and file
a substitute tax return for a taxpayer who fails to file a timely
return. If a taxpayer does not file a return or cooperate with ...
December 2014 tax compliance calendar
As an individual or business, it is your responsibility to be aware
of and to meet your tax filing/reporting deadlines. This calendar
summarizes important tax reporting and filing data for individu...
How Do I? Get a tax break on my vacation home
Vacation homes offer owners tax breaks similar-but not identical-to
those for primary residences. Vacation homes also offer owners the
opportunity to earn tax-advantaged and even tax-free income. T...
FAQ: What is a family partnership?
The family partnership is a common device for reducing the overall
tax burden of family members. Family members who contribute
property or services to a partnership in exchange for partnership
FAQ: What is a disregarded entity?
A disregarded entity refers to a business entity with one owner
that is not recognized for tax purposes as an entity separate from
its owner. A single-member LLC ( "SMLLC"), for example, is
The partners and staff of Want & Ender are pleased to announce a merger that will increase the depth of our capabilities and the breadth of our services to our clients.
Effective January 1, 2015 the firm will merge with, and change its name to, Nussbaum Yates Berg Klein & Wolpow, LLP.
Nussbaum Yates Berg Klein & Wolpow (NYBKW), one of the Top 12 firms on Long Island, concentrates its practice in accounting, auditing, tax and business advisory services. The merger with our New York City-based firm, will further our reputation in service to clients in the New York metropolitan area.
While our name is changing, what remains the same is our level of commitment and dedication to our clients’ business needs. The team of talented professionals working with our clients today will continue to work with them in the future.
We are excited about this new partnership and new chapter in the history of the firm. Please do not hesitate to reach out to us should you have any questions. We look forward to speaking with you soon and appreciate your continued support.