Blog
Why Procrastination Makes Sense in 2020 For Jackson Heights area Taxpayers
We've had impeachment votes, worldwide pandemics, quarantine-like lockdowns (for the healthy), public police brutality, widespread protests, intense riots, MURDER HORNETS, statues falling, social media anger and now we have a drunken and murderous monkey to top off...
Is Your State Broke? Eakub Khan Analyzes State Tax Revenue Sources
With national events continuing as they are, here at Eakub A. Khan CPA P.C., we're finding ourselves locking into "go mode" ... again.It's unusual for us to be in this mode smack in the middle of June, but this year has not been ... usual.This is because the tax...
Financial Mindset Management for Our Jackson Heights area Tax Clients
Based on the history of events over the course of the last few decades (both here in Jackson Heights area and beyond), you might have thought that world events would have slowed down in the last week -- that there could begin to be some sense of normality.But no. This...
Which Stimulus Payments Are Taxable (and Which Aren’t) For Jackson Heights area Taxpayers
All over our nation, we're seeing pain.It's overwhelming, as someone who has to communicate to a broad base of Jackson Heights area clients, to even articulate meaningful words about everything that is happening.So ... I'm just doing what I can to sit in the pain of...
The Important Details of Mortgage Forbearance For Jackson Heights area Taxpayers
Here we are, just out of perhaps the oddest Memorial Day weekend in memory.The summer is here! But it feels like much of our country is still mired in winter. And that feels like it is still the case, no matter the hints of progress against this virus, and no matter...
The Breakdown Of Trust In Jackson Heights area And How To Rise Above
I've written a fair amount over the past few weeks about all of the specific provisions in the CARES Act, related to economic stimulus checks, various tax savings strategies, financial implications, and then some.And I will continue to be covering these topics in the...
Jackson Heights area Folks With Student Loans, Or Who Take An RMD, You’ve Got To Read This
It feels to me that we're all in need of some good news.I have some great news for the young (ish) and the old (ish), but before I get there, I'd like to encourage EVERY person who is reading this:Keep your head in the game.Yes -- we can so easily get caught up in...
Separating Truth From Fiction Around The Stimulus Payments For Jackson Heights area Taxpayers
Now, more than ever, it's important to keep your mind clear.With so many of us spending more time than ever online and on our devices, there are even more opportunities for falling -- no, DIVING -- into rabbit holes of distraction and unproductive emotion.Yes, I'm a...
What Jackson Heights area Area Taxpayers Should Know About COVID-Related Scams
Anytime (like now) that there is a rollout of government assistance, we, here in Jackson Heights area, can count on two things:1) Bumps in the road (it's hard to manage many millions of people needing help)2) SCAMSI haven't yet...
What Jackson Heights area Taxpayers Should (and Should NOT) Do With Their Economic Stimulus Checks
So, you got that stimulus check (or, as the government wants to call it, your "Economic Stimulus Payment")...What next for Jackson Heights area families and individuals?Please use these funds wisely.If I could sum up my advice for next steps, it would be this: act...
Stimulus Checks and Unemployment Assistance For Jackson Heights area Taxpayers
These are the days when the internet is not necessarily your friend.Let's leave aside the very true fact that so many of the new, online substitutes for the "real thing" are a pale imitation of what we used to have, and that with more and more time spent online, there...
Stimulus Payments, Retirement Account Updates and Tax Changes for Jackson Heights area Taxpayers
Chances are good that you or someone you know and love has lost their job recently. You've also probably been touched in some personal way by the actual virus (whether through someone you know, or with whom you keep in touch).This crisis has a steadily-unfolding...