For Individuals

College Financial Planning

How Can You Pay for Your Kid to go to College, Spend and Save as You Are Now, and Increase the Amount of Money You have for Retirement?

Elder Care Financial Care

Finally… Worry Free Financial Management for Your Aging Parent or Family Member.

Estate Planning Done Right

Make Sure Your Family Transitions Prepare Your Children and Your Family for Financial Freedom.

The Art of Connecting With Influencers by Eakub Khan

Hanukkah is behind us, and Christmas (with its associated slowdown) is just about a week away.The world seems to quiet around that time, no matter your faith tradition, but here at Eakub A. Khan CPA P.C., these "holidays" are a bit of a misnomer. That's because while...

2019 Tax Planning and Almost Completely True Facts About Eakub Khan

Yes, here I am again -- and yes, I know the W-2's haven't arrived, and you might not have begun to really think about little ol' Eakub Khan and your taxes yet. But today I want to offer you some reasons why ... well, you should.In fact, there are LOTS of good...

Common Tax Return Errors To Avoid For East Elmhurst Self-Preparers

The Super Bowl teams are set, the new President is inaugurated ... why does it feel like things are still going so fast? Perhaps, for me and my team, it's because we finally are able to submit tax returns to the IRS (they began receiving them on Monday the 23rd). But...

Eakub A. Khan CPA P.C.’s thoughts on Healthy Skepticism in light of the 2020 Election

Believe it or not, we're very busy around here.While the nation's eyes are fixated on political things, we're spending our days working hard on behalf of our clients right here in Jackson Heights (and beyond, of course), talking through tax-advantaged financial moves,...

Preparing a Disaster Plan In Jackson Heights and Queens

All of our hearts are with Houston, and the areas surrounding that have been devastated in the past few days. It feels a bit like Katrina did, though the true measure of the disaster is still yet to be understood (as in New Orleans). What *is* clear is that many...

3 More Reasons Why More Jackson Heights area Families Don’t Have Estate Plans

The Winter Olympics are finished and we are fully immersed in our tax preparation process. We've been enjoying the opportunity to reconnect with so many longtime friends from Jackson Heights area who trust us with their most sensitive financial details -- and we don't...

A Note on the Coronavirus for Jackson Heights area Families

As COVID-19 snakes its way through the world, what's becoming clear to me is that ... well, not much is clear.From death rates (relying upon shaky data from totalitarian regimes), to spread rates, to proper precautions -- you can find an article from a...

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...

Five Key Takeaways From The Second Coronavirus Relief Bill For Jackson Heights Taxpayers

Say it with me again: it's a whole new year. 2020 is in the rearview...And 2021 is starting with some very nice treats for regular families in the clunkily-named "Coronavirus Response and Relief Supplemental Appropriations Act of 2021", also known as the "Consolidated...

There are so many advantages for those who file taxes early in tax season. Here are the top four reasons to get your documents together as soon as possible.

As of this writing, the federal government is STILL in its partial shutdown.And 800,000+ people are affected -- including a whole slew of IRS workers who have been called in, regardless of paychecks, because come Trump or high water: tax filing will indeed begin on...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.
But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!