by George Dimov | Nov 9, 2024 | NYC Accounting
The Benefits of Section 179 Tax Deduction in 2024 Section 179 enables full purchase price deduction for 2024 on qualifying equipment and software, resulting in immediate tax savings for businesses. Businesses are allowed to write off the entire cost as an expense,...
by George Dimov | Nov 9, 2024 | NYC Accounting
Why Sales Tax Filing Services Matter for Your Business Sales tax filing is a crucial part of running a business, requiring compliance with varying tax rates, exemptions, and regulations across multiple states. Dimov CPA provides expert Sales Tax Filing Services to...
by George Dimov | Nov 9, 2024 | NYC Accounting
The Importance of Hiring a QDRO Attorney During Divorce A QDRO is one of the most important instruments in a divorce when dividing retirement assets, it ensures that retirement benefits are fairly allocated and comply with legal standards. Schedule a Consultation QDRO...
by George Dimov | Nov 9, 2024 | NYC Accounting
Help With Back Taxes: Your Guide to Resolution Back taxes refer to any taxed amounts not paid by their original due date. Discharged debts may also include income taxes, payroll taxes or other tax liabilities owed to the IRS or state tax agencies. Dimov CPA can...
by George Dimov | Nov 4, 2024 | NYC Accounting
What Are Expat Tax Services? Expat Tax services is the assistance provided to U.S. citizens and green card holders living in a foreign country who are required to file U.S. tax returns even if they live outside of the United States. Perhaps more importantly, U.S....
by George Dimov | Nov 1, 2024 | NYC Accounting
Essentials of Back Tax Filing Filing back taxes means you are filing late or unpaid tax returns to the IRS. For whatever reason — financial, confusion or simply a clerical error — not getting a tax return filed can trigger fees and interest. One way to reduce or avoid...