Latest Articles from Boris
Benic & Associates.....
Review the latest articles from our professionals
about important tax and accounting news updates.
How to Handle IRS
Is this your situation? Just when you thought tax season was over, you
receive a notice from the IRS. Don't panic -- you're not alone. The IRS
sends millions of notices and letters out each year. Many are
computer-generated, because these days, the IRS relies less on employees
to get directly involved in issues including collections.
Click here for
Deadline Coming up to Report Foreign Account Holdings
The deadline is approaching for certain taxpayers to report accounts
they hold in foreign banks and other financial institutions. You also
may be required to report foreign accounts over which you have signature
authority, such as an account that you maintain on behalf of a relative
or employer -- or if you have power of attorney over an elderly parent's
foreign account, even if you never exercise that authority.
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Boris Benic & Associates is Long Island and New York City (NY) certified
accounting firm. We provide audit, tax and consulting services to
closely businesses, established companies and start up organizations in
Long Island, Garden City, Manhattan, NYC, and Queens (NY).