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...
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...
The “American Rescue Plan” has been finalized. And there are things about the new stimulus update our Jackson Heights clients should know.While I normally write weekly, there is information in this strategy note that you need to know about now that might...
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...
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...