Brock, Schechter & Polakoff, LLP

Are you eligible to receive direct payments under the new law that passed on March 11?

Are you required to make estimated tax payments because you don’t pay enough tax in withholding? Here are the rules.

Saving for retirement can help make your future brighter. Recent tax law changes might allow you to save more with your IRA or retirement plan.

Business owners may be able to save tax with home office deductions. If you’re working from home (like lots of people these days), you may qualify. Here’s a rundown of the rules.

How much can you contribute to an IRA for 2021? How much is the standard deduction? Here are some Q&As about these and other tax-related amounts for 2021.

A filing requirement is coming up if your business pays independent contractors or makes other payments.

Are you reconsidering the choice of entity for your business? These are several factors to consider when converting from a C corporation to an S corporation. Here are four of them.

The fourth estimated tax payment deadline for 2020 is coming up. Here are the details of when it is and whether you’re required to make a payment.

Medical and dental costs are expensive and it’s hard to get a tax deduction for them. But you may qualify by including every eligible expense allowed. Here’s what it takes to get a deduction and how you might be able to benefit by moving certain expenses into 2020.

Have you been contributing enough to your employer’s 401(k) plan or Roth 401(k)? Here are the contribution limits for this year and the recently announced limits for 2021.

Before Dec. 31, your business should buy any needed business assets and place them in service. That way, you can take advantage of the Section 179 deduction and bonus depreciation.

It’s that time of year again: time to spend your unused dollars if you have an FSA.

Did you file an extension until Oct. 15 to file your 2019 tax return? After finishing, you may find yourself with piles of tax-related documents. You might not want to toss them out for fear of trashing something important. Here are some tax recordkeeping guidelines.

Getting a letter from the IRS that your tax return is being audited may strike fear into the hearts of business owners. But the more you know about IRS audits, the better you can fare.

NYS employers need to prepare for the new Sick Leave Law now!

We thought this would be of interest to a lot of people given the changing work environment. https://www.bspcpa.com/tax-implications-of-working-from-ho/

We have some tips for businesses that received loans through the CARES Act and Payroll Protection Program. Check out our blog today.

Thank you to Fattey Beer Co Buffalo for delivering survival packs to our employees yesterday for our virtual happy hours..... we are so glad everyone enjoyed them!

Loving our ugly holiday sweaters!

We had some visitors in the office today......taking calls and setting up meetings...starting them young! Future accountants?!

Enjoying Spring Lake Winery!

Enjoying an evening with University at Buffalo accounting students!

Enjoying meeting Niagara University Accounting students!

Save the date for Jack and Jill Community Preschool's Fall Festival! Our firm is excited to be a sponsor of this family-friendly event!

We are excited to be a sponsor of this great event!