Blog - Johnson CPA, Bellmore, Long Island, NY

Is My RV or Boat Tax Deductible?

Johnson CPA2022-06-02T11:25:03-04:00

I just returned from a family road trip, during which we saw countless trailers, RV’s and boats which gave me the idea for this blog. Can you deduct expenses for your trailer, RV or boat? If you own a

What Causes an IRS Audit?

Johnson CPA2022-02-16T14:27:37-05:00

There are many reasons that the IRS initiates an audit. See our list below for a few of the most common to avoid to keep from running afoul of the IRS. Of course, keep accurate records and receipts to

More Money for Child Care in 2021

Johnson CPA2021-12-22T10:34:09-05:00

The American Rescue Plan Act of 2021 made some changes to the Child and Dependent Care Credit. This will mean more credits for many working families. It increased the cap on eligible dependent care expenses to $8,000 for one

Johnson CPA2021-12-09T14:55:22-05:00

What To Know When Donating Stock It is common for people to make charitable donations in the form of cash, check or credit card, but have you considered donating stocks? There are a few rules to be aware of

New Retirement Plan Mandate for New York Employers

Johnson CPA2021-11-17T10:29:45-05:00

All employers with 10 or more employees in New York State must have an employer sponsored retirement plan within 9 months of the October 21, 2021 date the law was signed by NYS Governor Hochul. If your business does not

The Advance Child Tax Credits

Johnson CPA2021-10-27T10:06:24-04:00

This past summer, the IRS began sending out monthly advance payments for half the total of the newly expanded Child Tax Credit. The other half of the Credit will be claimed on your 2021 income tax return. The full