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HOT Topics: Is the Temperature Rising Webinar Playback

August 3, 2021

Our tax webinar "Cool Off with HOT Tax Tips" was held on July 29, 2021, covering tax changes, estate planning proposals, Employee Retention Tax Credit program...

Congratulations to Justin Kanefsky

September 14, 2021

Congratulations to Justin Kanefsky, audit manager on being recognized by the Pennsylvania Institute of Certified Public Accountants (PICPA) as a…

Casualty Loss Tax Deduction Claims

September 10, 2021

You Can Only Claim A Casualty Loss Tax Deduction in Certain Situations In recent weeks, some Americans have been victimized…

Investing in Collectibles

September 2, 2021

Are you an avid collector of a specific item, such as trading cards, rare coins or antique toys? Not only…

Scholarships – Usually Tax-Free, But May Result in Taxable Income

September 2, 2021

If your child is fortunate enough to be awarded a scholarship, you may wonder about the tax implications. Fortunately, scholarships…

New Guidance & Election Application for Optional Pass-Through Entity Tax

September 2, 2021

The New York State Tax Department has issued a technical memorandum and webpage to provide information on the new optional…

All About the Tax Identity Protection PIN

August 26, 2021

The IRS recently made some announcements to inform taxpayers about obtaining an Identity Protection Personal Identification Number (IP PIN) that…

Isdaner & Company Ranks 11 in the Top Workplace Small Business list

August 24, 2021

Isdaner & Company was ranked #11 in the Top Workplace Small Business list. There were a total of 60 firms…

SBA Streamlines Forgiveness of Smaller PPP Loans

August 11, 2021

The Small Business Administration (SBA) has released new guidance intended to expedite the forgiveness process for certain borrowers under the…

Can taxpayers managing portfolios deduct related expenses?

August 3, 2021

Can taxpayers who manage their own investment portfolios deduct related expenses? It depends. Do you have significant investment-related expenses, including…

Tax-Favored Ways to Build Up a College Fund

August 3, 2021

If you’re a parent with a college-bound child, you may be concerned about being able to fund future tuition and…

PPP Forgiveness & Repayment: What Businesses Need to Know Now

July 28, 2021

A critical deadline is approaching for many of the businesses that have received loans under the Paycheck Protection Program (PPP),…

Here come the child tax credit payments: What you need to know.

July 8, 2021

The first advance payments under the temporarily expanded child tax credit (CTC) will begin to arrive for nearly 39 million…

Getting Married? Financial Chores to Complete When You Tie the Knot

July 2, 2021

The wedding season typically peaks in late summer and early fall, according to the wedding website TheKnot.com. This year, that…

Eligible Businesses: Claim the Employee Retention Tax Credit

July 2, 2021

The Employee Retention Tax Credit (ERTC) is a valuable tax break that was extended and modified by the American Rescue…

Supreme Court Finds No Standing to Challenge ACA’s Minimum Essential Coverage Provision

June 21, 2021

In a 7-2 decision, the Supreme Court has held that both the state and individual plaintiffs lacked standing to challenge…

Is Your PPP Loan Forgiveness Deadline Fast Approaching?

June 21, 2021

More than 30% of borrowers of Paycheck Protection Program (PPP) loans in 2020 have not submitted for loan forgiveness. PPP…

Gerstein Quoted About PPP Loans in Philadelphia Inquirer

June 17, 2021

Mitch Gerstein, CPA, was quoted in the June 17, 2021, Small Business section of the Philadelphia Inquirer regarding PPP loans…

Is your small business is eligible for the Employee Retention Tax Credit (“ERTC”)?

June 17, 2021

If you are eligible, this tax credit could be even more lucrative for your small business than the Paycheck Protection…

2022 Inflation-Adjusted Amounts for HSAs and Excepted Benefit HRAs

June 4, 2021

In a Revenue Procedure, the IRS has provided: a) the 2022 inflation-adjusted amounts for Health Savings Accounts (HSAs); and b)…

How to verify your identity using IRS’s Identity Verification Service

June 4, 2021

On a webpage, the IRS has discussed its Identity Verification Service, used to verify the identity of taxpayers when the…