How COV-19 Affected Annual RMD for Jackson Heights Retirees

How COV-19 Affected Annual RMD for Jackson Heights Retirees

With a third round of “stimmy” (as the kids say) hitting bank accounts for the past week, 90MM+ Americans (including some of us in Jackson Heights) are once again flush with cash. It remains to be seen what this will do for the economy, but combined with...
The NFT Craze, Explained By Eakub Khan

The NFT Craze, Explained By Eakub Khan

Events are happening fast in tax world, and we are VERY busy here at Eakub A. Khan CPA P.C.. But this is a good thing — we’ve been preparing for this season all year, and we love to serve.We knew that there would be unexpected curve balls this year, but...
Third Stimulus Package Update For All Jackson Heights Taxpayers

Third Stimulus Package Update For All Jackson Heights Taxpayers

Despite what you might think, being a tax accountant is NEVER boring.We have all kinds of fun amusements that keep us going.We play little games like: “Guess The New Tax Law That Will Change Returns That Have Already Been Filed” — catchy title, I...
Post-Stimulus Taxes for 2020

Post-Stimulus Taxes for 2020

I mentioned last week the key provisions of the “American Rescue Plan,” while it was just proposed legislation.Now that the House has passed it, there is more meat on those bones. I’ll run it all down for you once it’s been signed by the...