Blog
Eakub Khan’s Three Building Blocks To Healthy Personal Finances
It's understandable if things might feel a little bit ... shaky right now for you. If you pay attention to the media, you are seeing trade wars with China, uncertain stock markets, apocalyptic elections rumbling in the future, even the Apple juggernaut is seeing its...
College Is Expensive But Jackson Heights area Families Can Save Big Through These Tax Breaks
What, you think I'm on vacation?Yes, the tax deadline has passed. But we're still available, and handling post-deadline matters for Jackson Heights area clients.But moving along to today's subject: figuring out how to pay for college tuition. Things are different from...
Where Do Our Tax Dollars Go? Eakub Khan Breaks It Down
Before I get to your tax dollars, and where they went, I have a couple thoughts for you.We're still settling down from the flurry of last week and the passing of the April 15th deadline. There were MANY more procrastinators this year than in years past, in my opinion...
A Thank You To Our Jackson Heights area Clients For A Successful 2019 Tax Season
This has been one of the wildest tax seasons in recent memory. I saw a note from the IRS last Friday (the 12th) that as of that day, 50 million taxpayers had yet to file. LOTS of extensions happened out there, as all of the tax law changes caused a bunch of...
2018 Tax Extensions and Payment Options for Jackson Heights area Taxpayers
Yep. This is the final week, and the personal filing deadline (April 15th) is *so* close.It's officially the final week of tax season -- and we are working our tails off for you and our other Jackson Heights area clients.But I'm still taking the time to step away for...
An Under-Utilized Tax Break For Jackson Heights area Taxpayers: Summer Day Camp
Okay, that's a joke. We're so busy with our client work, we can't really enjoy the college basketball or the new baseball season, but at least we still have April Fools.And yes, I know that day has already passed. More coffee please.But speaking of things getting past...
Eakub Khan’s Under-Utilized Pet Tax Deductions
Apparently, there are some politics things happening these days.But even more apparently, the tax deadline is three weeks away.Politics? As the young people say, ain't nobody got time for that.But you know what we DO have time for? Saving you a boatload on your taxes,...
How Jackson Heights area Taxpayers Can Support The Alabama Disaster Relief Effort
The college hoops brackets are set, and the madness begins. And, per the American Gaming Association, 47 million of us will be wagering $8.5 BILLION on this event.Which, of course, means that my mind immediately goes here.You see, we've already been knee-deep in our...
Spending Money From Tax Refunds Wisely By Eakub Khan
Just about one month left before the tax deadline. As the parents say, the days are long, but the months are fast.And as we tax pros say, the days are long, and the days are long.But that's simply because we've been getting to do some meaty, fun tax preparation work...
Eakub Khan’s Three Big Tax Scams And How To Beware
Now we're cooking with gas.After weeks of reports that refunds were down, last week's data from the IRS shows a new trend. Although overall quantity of refunds are down, now the average refund is up 1.9%. After so many headlines to the contrary, I suppose that...
IRS Form 4852: Eakub A. Khan CPA P.C. Explains the Substitute for the W-2
Word on the tax professional "street" is that tax filing numbers are down across the board so far. That is from data released by software providers (though this year, of all years, I simply don't understand why somebody would use software), as well as overall numbers...
Eakub Khan’s Second Key To Wealth Building
Believe it or not, we have less than two months before federal taxes are due.Yikes.We have been meeting with so many Jackson Heights area clients (including a fair number of new ones, thanks to YOUR referrals -- keep them coming!), finding so many wonderful ways to...