The Focus - Our Tax Newsletter |
Our Focus newsletter provides monthly tax trends and topics written by our professionals.
The Focus - Our Tax E-Newsletter | 10/30/20202020 Tax Planning StrategiesAs this unusual year comes to an end, one with unanticipated 2019 extended tax filing deadline twists, it’s now time to start gearing up for the 2020 tax filing season. It is not too late to do some 2020 tax planning. |
The Focus - Our Tax E-Newsletter | 09/29/2020Beyond the Numbers: Kiernan BriggsKiernan Briggs recently joined Dermody, Burke & Brown as an Associate in the New Hartford office. |
The Focus - Our Tax E-Newsletter | 09/29/2020A Unique and Special Gift for a Child - The Roth IRAA Roth Individual Retirement Account (Roth IRA) is a tax-advantaged vehicle used for long-term investment and retirement savings. In general, any earnings and appreciation accrued with respect to these accounts will be tax-free forever. |
The Focus - Our Tax E-Newsletter | 08/27/2020Beyond the Numbers: Joel F. Gallagher, CPAJoel joined the firm as a Principal after Barone, Howard & Co., a full-service accounting, tax and consulting firm based in New Hartford and Rome, merged with Dermody, Burke & Brown. |
The Focus - Our Tax E-Newsletter | 08/27/2020COVID-19 and the Home Office Deduction: What you Need to KnowA large amount of the workforce was sent home indefinitely due to the COVID-19 pandemic changing the way we work, communicate, and live our daily lives. Companies were quickly forced to innovate their operations in order to keep everyone… |
The Focus - Our Tax E-Newsletter | 07/29/2020Beyond the Numbers: Deborah L. Fitzgerald, CPADebby joined the firm as a Principal in November 2019 after Barone, Howard and Co., a full-service accounting, tax and consulting firm based in New Hartford and Rome, merged with Dermody, Burke & Brown. Debby has over thirty years of… |
The Focus - Our Tax E-Newsletter | 07/29/202010 Best Practices for Telecommuting SecurelyCOVID-19 has led many companies to ask or mandate their staff to work remotely. |
The Focus - Our Tax E-Newsletter | 07/29/2020DB&B IRS “Dirty Dozen” Breakdown: What Tax Scams to be on the Lookout forTax scams can happen at any time throughout the year, but tend to rise during tax season and during times of crisis. Considering these two stressors are coinciding this year, it is even more important for taxpayers to be aware of possible… |
The Focus - Our Tax E-Newsletter | 06/25/2020To Amend or Not To Amend, That Is the Question: How the Cares Act Changes the Tax Cuts and Jobs ActThe IRS has recently enacted the Coronavirus Aid, Relief and Economic Security (CARES) Act as a tax relief and assistance package for individuals as well as businesses. Some of the provisions extend back to tax year 2018 and prior. |
The Focus - Our Tax E-Newsletter | 06/25/2020Beyond the Numbers: Kristin DeWaldKristin DeWald joined Dermody, Burke & Brown, CPAs, LLC in 2019. As a as a Custom Accounting Solutions (CAS) Manager, Kristin provides outsourced accounting support to a variety of business clients. |
The Focus - Our Tax E-Newsletter | 05/28/2020Depressed Market Values and Low Interest Rates Present Estate and Gift Tax Planning OpportunitiesNo one would argue that this time of crisis and uncertainty has led to a roller coaster of legislation. Shifts in the stock market have caused major portfolio decline and interest rates are at a low point. Low asset values and low… |