Sal Albanese CPA

A full service CPA for over 35 years. Offices-NYCity & Hicksville. #cpa,#accounting,#taxes,#bookkeeping,#payroll [email protected],

[Sal Albanese CPA @SalAlbanese]

CAN’T PAY YOUR TAX BILL?
Set up an installment agreement, apply for an offer in compromise AKA fresh start program. Call us

[Sal Albanese CPA @SalAlbanese]

Avoid IRS Tax Audit
“RED FLAG”

Claiming Business Losses Year After Year

When you operate a business and file Schedule C, the IRS assumes you operate that business to make a profit. Claiming losses year after year without any profit raises a red flag with the IRS.

[Howard J. Douglas,CLU,CHFC,MSFS,AEP @zowie46]

@alanjschwartz I will see you there.

[Sal Albanese CPA @SalAlbanese]

@zowie46 @alanjschwartz See you later

[Sal Albanese CPA @SalAlbanese]

@alanjschwartz See you later

[Alan J. Schwartz @alanjschwartz]

ABD (Albanese Business Development) Group Networking Luncheon this afternoon.

[Sal Albanese CPA @SalAlbanese]

2020 Tax Tip
General tax planning concept:
Accelerating or deferring income and deductions based on your year to date and projected remaining amounts. https://t.co/ThINlHpH8B

[Sal Albanese CPA @SalAlbanese]

@HowardSternESQ They write the check in 2017 and mail it
I receive it in 2018
We both win

[Sal Albanese CPA @SalAlbanese]

Tax Tip-Consider paying in 2017 those expenses that you will not be able to deduct in 2018. Real Estate, income taxes, investment fees, tax software or preparation fees, off course accelerate expenses and defer income, offset capital gains with losses etc Happy Holidays

[Sal Albanese CPA @SalAlbanese]

Finally you will be able to take advantage of prepaying your 2018 property taxes to take advantage of the new tax law.
Governor Cuomo singed Executive Order #172 allowing all municipalities to accept your prepaid real estate tax check.

[Sal Albanese CPA @SalAlbanese]

Excercize can make you more successful
https://t.co/4nvOd6gX5W

[Sal Albanese CPA @SalAlbanese]

How long should you keep your documents? https://t.co/NOQHlPiVed

[Sal Albanese CPA @SalAlbanese]

Taxes-Now is the time to contact your CPA discuss the best method of tracking those deductions. Want some examples https://t.co/Ycfu5MlQDi

[Sal Albanese CPA @SalAlbanese]

How Will You Select The Professional That Will Prepare Your 2016 Income Tax Returns? https://t.co/quVLP8Vpkq via @alignable

[Sal Albanese CPA @SalAlbanese]

How Will You Select The Professional That Will Prepare Your 2016 Income Tax Returns? https://t.co/IXXPXShGOk

[Sal Albanese CPA @SalAlbanese]

Claiming an Elderly Parent or Relative as a Dependent on your 2016 Income Tax Returns. four tests that must be met. https://t.co/TmuRwu3QSr

[Sal Albanese CPA @SalAlbanese]

What should you do if you received a suspicious phone call or email from someone claiming to be from the IRS? https://t.co/TmuRwu3QSr

[NYCPA - The New York State Society of CPAs @ny_cpasociety]

When is a Contingent Fee Arrangement Considered A Discreditable Act? https://t.co/lsqLscGqpD

[Sal Albanese CPA @SalAlbanese]

What Makes You Referable? https://t.co/XLi1U8ESBQ

[Sal Albanese CPA @SalAlbanese]

Don’t forget to file your 1099’s by Jan 31. https://t.co/1c5DO5SK2E