William Kay & Associates, CPA & Attorney

04/07/2022

IR-2022-52, March 8, 2022 — The Internal Revenue Service reminds taxpayers they may be able to claim a deduction on their 2021 tax return for contributions to their Individual Retirement Arrangement (IRA) made through April 18, 2022.

01/06/2022

Do not forget to make your estimated payments before January 18th.

https://www.irs.gov/newsroom/irs-reminder-to-many-make-final-2021-quarterly-tax-payment-by-jan-18-avoid-surprise-tax-bill-possible-penalty

06/15/2021

We can help!

Americans experiencing homelessness have free options to claim the 3rd Economic Impact Payments and the Recovery Rebate Credit, if they don’t normally file taxes with IRS and haven’t received any payments yet: http://go.usa.gov/xsm7B

03/18/2021

Know the difference between standard and itemized deductions? The standard deduction may be quicker and easier, but itemizing deductions may further reduce your tax in some situations. Find out what’s best for you and if you’re eligible in this IRS Tax Tip: https://go.usa.gov/xsjFR

02/04/2021

Bergen county business owner sentenced to one year in federal prison for not paying Payroll Taxes.

Department of Justice U.S. Attorney’s Office District of New Jersey FOR IMMEDIATE RELEASE Wednesday, February 3, 2021 Bergen County Business Owner Sentenced to One Year and One Day in Prison for Employment Tax Fraud NEWARK, N.J. – The owner of several Fairlawn, New Jersey, businesses was sentenc...

01/15/2021

Didn't get your Economic Impact Payment? check here to see if you are eligible.

We’re committed to helping you get your economic impact, or stimulus, payment as soon as possible. See if you are eligible for an Economic Impact Payment.

01/03/2021

Did you get your Economic Impact Payment yet?

IR-2020-280, December 29, 2020 – Today, the Internal Revenue Service and the Treasury Department will begin delivering a second round of Economic Impact Payments as part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 to millions of Americans who received the first r...

11/28/2020

Get Ready for Year End

Check out these small business tax expert tips for filing a W-2 Form and more in 2020.

01/20/2020

A tip from the IRS: A tax deduction of up to 20% of qualified business income is available for some businesses. To learn more about the eligibility rules and limits click here: https://go.usa.gov/xpFVa

12/28/2019

You may be more prone to open a scam email from your phone than from your computer. The IRS has tips on how to make sure your phones and tablets are secure. To learn more, click here: https://go.usa.gov/xpmcd

12/22/2019

As tax filing season approaches, remember there are things you can do before the end of the year. Doing these will help you for the upcoming tax filing season. To find out what you should do, click here: https://go.usa.gov/xpp6Y