CERTIFIED PUBLIC ACCOUNTING FIRM
The firm’s main office is in Binghamton, New York with a satellite office in Montrose, Pennsylvania.
RECENT NEWS

2021 Year-end Tax Planning Tips for Businesses
With year-end approaching, it is time to start thinking about moves that may help lower your business’s taxes for this year and next. This year’s planning is more challenging than usual due to the uncertainty surrounding pending legislation that could increase corporate tax rates plus the top rates on both business owners’ ordinary income and capital gain starting next year.

2021 Year-end Tax Planning Tips for Individuals
With year-end approaching, it is time to start thinking about moves that may help lower your tax bill for this year and next. This year’s planning is more challenging than usual due to the uncertainty surrounding pending legislation that could, among other things, increase top rates on both ordinary income and capital gain starting next year.

New York State Pass-Through Entity Tax (PTET) – Election for 2021 due soon!
In the 2021-2022 New York State (NYS) budget passed in late April NYS included a new pass-through entity tax (PTET), an optional tax for partnerships and S-Corporations that is due every year on March 15 and carry’s the individual income tax rates. The purpose of this optional tax is to alleviate the state income tax deduction limitation imposed under the Tax Cuts and Jobs Act of 2017.