Now Is The Time For An Estate Plan For Jackson Heights Taxpayers

Right now, it’s almost impossible to escape the conflict, the noise, and the shaming over various cultural decisions we’re having to make. Lockdowns, schooling, more economic stimulus, elections, vaccines — it’s all enough to drive you crazy if you pay close attention. And here at Eakub A. Khan CPA P.C., because we get to serve Jackson Heights families and individuals … Read More

Eakub KhanNow Is The Time For An Estate Plan For Jackson Heights Taxpayers

Eakub Khan’s Guiding Principles For Teaching Kids About Money

However you slice it, the schooling situation right now is tough, with no good options. If you are vehemently in favor of full-on school … well, compassion would dictate that you would recognize that others are having more difficulty with that, for caution’s sake or for whatever other reason. Compassion doesn’t mean bullying, as I recall. And if you are … Read More

Eakub KhanEakub Khan’s Guiding Principles For Teaching Kids About Money

A Strategy For Jackson Heights Taxpayers With A Higher Than Expected Tax Bill

Taking a look around the world these days, and where things seem to be headed… But our heads are high here at Eakub A. Khan CPA P.C. because we worked our tails off for our Jackson Heights clients this year. We helped a bunch of people save a ton on their taxes — with deductions and strategies they wouldn’t have … Read More

Eakub KhanA Strategy For Jackson Heights Taxpayers With A Higher Than Expected Tax Bill

Reflections On The Extended Tax Season By A Local Jackson Heights area Tax Professional

I remember at the end of April 2019 that I felt like it had been one of the wildest tax seasons in memory. The TCJA (“Trump Tax Code”) had thrown a ton of curveballs our way, and we were looking forward to implementing tax planning strategies for our Jackson Heights area clients with an entire year under our belts. And … Read More

Eakub KhanReflections On The Extended Tax Season By A Local Jackson Heights area Tax Professional

The End of Tax Season, Estimated Taxes, And Unemployment Compensation by Eakub Khan

I’m still emotionally adjusting to the fact that we just went through 4th of July weekend … and “tax season” is STILL GOING. I’m thankful for it, because I also know that extending the deadline during this wild, intensely difficult year (for so many) was a rare offering of grace from the IRS for Jackson Heights area taxpayers. Even if … Read More

Eakub KhanThe End of Tax Season, Estimated Taxes, And Unemployment Compensation by Eakub Khan

Eakub Khan’s To-Do List If You Can’t Pay All Your Taxes

Some of our Jackson Heights area clients are STILL pulling their paperwork — which is understandable during this donkey of a year, and with all of the new complications. But sadly, ye olde IRS isn’t extending any payment grace in a couple weeks. (I say “sadly”, but here at Team Khan we may or may not be champing at the … Read More

Eakub KhanEakub Khan’s To-Do List If You Can’t Pay All Your Taxes

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 our 2020. What’s worse —  the year isn’t even halfway over yet. And there are plenty of other things that we could have … Read More

Eakub KhanWhy Procrastination Makes Sense in 2020 For Jackson Heights area Taxpayers

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 deadline (July 15th, 2020) is barrelling at us. Many … Read More

Eakub KhanIs Your State Broke? Eakub Khan Analyzes State Tax Revenue Sources

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 isn’t a normal time in our nation. It’s not … Read More

Eakub KhanFinancial Mindset Management for Our Jackson Heights area Tax Clients

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 it all with my friends, and not try to brush past it. … Read More

Eakub KhanWhich Stimulus Payments Are Taxable (and Which Aren’t) For Jackson Heights area Taxpayers