industry news
Grossman St. Amour CPAs team members address relevant subject matters in the world of accounting, taxation, business valuation and financial planning. We invite you to review the various industry articles below. Should you have a question about or interest in a particular subject matter, please contact us.
Dirty Dozen: Don’t Fall Prey to One of These Scams
The Dirty Dozen represents the worst of the worst tax scams. If you have questions, please contact Kathleen Kaminski, CPA at 315.701.6322 or [email protected]. Compiled annually, the “Dirty Dozen” lists a variety of common scams that taxpayers may encounter anytime, [...]
Four Things to Know About the Child Tax Credit
For more information about tax credits and deductions, contact Elizabeth A. Gardner, CPA, Tax Manager at 315.701.6365 or [email protected]. Elizabeth practices in the areas of individual, partnership and corporate tax return preparation and tax planning for individuals and businesses. The [...]
White House, Capitol Hill talk tax reform in 2017
The change in administrations in Washington has generated a new focus on tax reform. The White House and lawmakers from both parties have discussed tax cuts, infrastructure spending, and more to encourage economic growth. However, the details of their plans have [...]
5 Reasons to Choose Direct Deposit
For more information about filing tax returns and direct deposit, contact Elizabeth A. Gardner, CPA, Tax Manager at 315.701.6365 or [email protected]. Elizabeth practices in the areas of individual, partnership and corporate tax return preparation and tax planning for individuals [...]
TAX ALERT: IRS Warns about Scam Targeting Payroll & HR Departments
Kathleen Kaminski is a Senior Tax Manager and practices in the areas of individual, partnership corporate, fiduciary and not-for-profit tax return preparation. Kathleen also engages in representation of clients with federal and state tax authorities. She has expertise in business [...]
New NYS Driver License Requirement for 2016
New this year, as an additional verification to deter fraud, New York State now requires that resident and nonresident taxpayers provide driver's license or state issued identification information as part of the e-filing process for a personal income tax return or [...]
Filing Season Launches January 23 – Some Refunds May be Delayed
Adam E. Panek, CPA is a Partner in the tax services group. Adam practices in the areas of individual, partnership and corporation tax return preparation and tax planning for individuals and businesses. Contact Adam with tax questions at 315.701.6328 or [email protected]. [...]
How do I know which Records to Discard?
Elizabeth A. Gardner, CPA is a Manager in the firm's tax services group. She practices in the areas of individual, partnership and corporation tax return preparation, and tax planning for individuals and businesses. Contact Elizabeth with tax questions at 315.701.6365 [...]
All Eyes on Tax Reform in 2017
Gary A. Grossman, CPA, CFP, Partner, provides individuals, corporations, partnerships, and estates and trusts, with tax planning, business consulting and financial planning services. Gary's areas of expertise include management consulting, individual tax planning, financial and retirement planning. Gary also represents clients before the Internal [...]
Social Security wage base jumps to $127,200 for 2017
Social Security wage base jumps to $127,200 for 2017After holding at $118,500 for 2016 and 2015, the Social Security Administration (SSA) has announced that the maximum amount of earnings subject to Old-Age, Survivors and Disability Insurance (OASDI) Social Security tax will [...]