Tax Season 2023

We've updated our Engagement Letter together with our Terms and Conditions for 2023. 

All Clients must sign our new Engagement Letter, acknowledging that they have read and agree to our Terms and Conditions prior to commencing any of our services. 

Similar to the Personal Income Tax Questionnaire/Checklist, we also created other Google forms for our business clients, including…

• Rental Income & Expenses – For Clients that rent real estate properties who have not maintained formal books and records.
• Business Income & Expenses – For Clients that sell products and/or perform services (i.e., not real estate rentals) who have not maintained formal books and records, including independent contractors (i.e., receive Form 1099-NEC, Form 1099-MISC).
• Home Office Deduction – For Clients that exclusively and regularly use part of their home or a separate structure on their property as their primary place of business.

With the significant increase in the complexity of the tax codes, the limited time available to file tax returns and lack of experienced Accounting professionals (industry-wide), we discontinued the use of our online scheduling tool for income tax appointments.

We will coordinate ONE day and time to speak with you about your income tax returns (upon request) after your returns have been prepared and prior to filing.

A formal appointment is NOT required to drop off your tax information.  You may drop off your tax information, consistent with prior years, at our new office between 9am and 5pm from Monday through Friday.  Feel free to contact our office to coordinate a day and time with our Office Manager so that we are available to receive your tax information. 

Note:   If you require a consultation prior to commencing the preparation your income tax returns as a prerequisite, you may request a 30-min or 60-min appointment that will be charged at our hourly rate in advance of the meeting - at the time of scheduling, while time permits.

In light of COVID, we made a decision to continue to maintain our 2019 rate schedule from 2020 through 2022 - despite the increase in complexity of the tax codes and time required to prepare income tax returns.

Please be advised that our Income Tax Preparation Service fees will be increasing an average rate of 25% this year.

 After “Tax Season” 2022, we moved from a home office to Office Evolution, a Corporate suite within 1 Blue Hill Plaza, located in the Lobby Level across from the Security desk (as depicted in the picture of the buildings).  

For those who are not familiar with Blue Hill Plaza, we are in the skyscraper located across from the Pearl River Hilton (as depicted in the orange waiting room) – 1.3 miles from where my home office was located. 

We wanted to take a moment to apologize for the additional time it has taken for us to respond to messages and perform our services.

In speaking with several of our Clients on this topic, it was recommended that we share some of our insights into the challenges faced by our industry, which has impacted our ability to provide services efficiently and effectively. 

Although it is widely documented, these issues do not appear to get the attention of the mainstream media in the form of headlines.  Please read our Article on "The Great Resignation" of the Accounting Industry for additional information.