The Law Offices of Lawrence Israeloff, PLLC

Many accountants and tax consultants recommend business owners who received Paycheck Protection Program (PPP) relief loans to hold off completing their forgiveness forms. Already, the rules about which loans qualify for forgiveness have shifted several times. Let's take a look at what's happened so far concerning this complicated government benefit. https://bit.ly/33UTX6O

A certified public accountant, commonly referred to as a CPA, is a professional accountant who has passed the CPA exam in one or more U.S. states. Learn more about CPAs and how you can benefit from their expertise. https://bit.ly/2P7iMoY

A trust is a legally created fiduciary arrangement designed for the security, growth, and division of assets. Each role in a trust role comes with different responsibilities and expectations that must be followed for the trust to succeed and be respected as the legal owner of its assets. Learn more about the parties involved in a trust in today's blog post.

Although there are people who qualify as both, tax attorneys and certified public accountants (CPAs) are not the same. They are both financial professionals that aim to protect you and your business interests, but they use different approaches to do so. Keep reading to decide whether you need a tax attorney, a CPA, or both. https://bit.ly/3gc3VWQ

With the due date for filing federal tax returns quickly approaching and no end in sight for the devastation caused by the coronavirus, the IRS has announced that tax filing due dates will be extended. https://bit.ly/340bOJk

One of the most well-known tax deadlines is April 15, the time when federal individual income taxes are due. Here are some other important tax deadlines to keep in mind for the year. http://bit.ly/2V7RUto

The 2020 tax season officially begins this week. As a CPA, I recommend getting started right now, even if you don’t plan to file your taxes for a few more weeks. Here are 3 things that you can do right now to make this year’s tax season easier.

I always encourage families and business owners throughout the New York City region to plan ahead to ease the tax burden from 2019. Here are four simple tips to consider before the New Year’s apple drops. https://www.israelofflawcpa.com//4-tips-from-a-tax-consul/