Blog
Transform Your Passion into a Successful Business with These Trusted Tips
It takes a driven person to pursue the thrill and challenges of starting and transforming a unique idea into a great business. Being an entrepreneur requires time, not to mention stress, effort, devotion, and talent. Anybody who wants to launch a prosperous business...
2023 Important Tax Deadlines
One question that our tax preparation team is asked this time of year is, “When are my taxes due?” The short answer is that it depends. For most filers, this year’s deadline to file individual and C Corporation business taxes (if your business operates on a calendar...
Important Tax Changes for 2023
Finally, some good news from the IRS. They recently released details regarding adjustments to 2023 taxes in response to inflation. These changes will affect most filers and might actually increase your take-home pay. Here we’ve recapped the key takeaways to help you...
New York Pass-Through Entity Tax Updates
On April 9, 2022, New York Governor Hochul signed the New York State 2022/2023 Budget Bill (Bill) into law, which made significant changes to New York State Pass-through Entity Tax (NYS PTET) and introduced a New York City Pass-through Entity Tax (NYC PTET). NYS PTET...
The Personal and Small Business Benefits of The Inflation Reduction Act
Small businesses and families are the biggest beneficiaries of the 2022 Inflation Reduction Act. The White House promoted the new legislation as a way “to lower prescription drug costs, health care costs and energy costs to create opportunities for America’s 33...
2022 Tax Deadlines
There's no avoiding taxes. They happen, whether we like it or not, every year without fail. To make it easier to keep track and avoid penalties or interest on unpaid taxes, we've put together a list of the most important federal income tax deadlines in 2022. October...
Important Changes to Accounting for Leases
Recently the Financial Accounting Standards Board (FASB) introduced significant changes in the accounting requirements for leases. These new requirements have been codified under the Accounting Standards Codification (ASC) 842. ASC 842 is already effective for public...
Managing Corporate Tax Risk and Tax Opportunities
The world of corporate tax risks and opportunities is constantly evolving. Here’s our advice for balancing your corporate efficiencies with tax risks. The goal is to help you meet business objectives while creating an environment for sustainable growth. TAX RISKS 1....
New York’s 2022 Tax Changes
By now you’ve sent in your 2021 taxes or filed for an extension. It’s time to bring our focus to 2022. There are important changes with New York State’s taxes that give New Yorkers the unfortunate distinction of paying the highest combined state and local tax rate in...
What You Need to Know About the Metropolitan Commuter Transportation Mobility Tax
Photo by Pavol Svantner on UnsplashNew York has a variety of local taxes. One of these local taxes is the metropolitan commuter transportation mobility tax (MCTMT). The New York State Department of Taxation defines the MCTMT as a “tax imposed on employers and...
What Our Clients Say
“ LH Frishkoff is so much more than Tax and Accounting. They have been proactive partners helping us achieve vital business milestones, work through challenges and ultimately create the financial infrastructure we have needed to succeed. Their level of service, professionalism and genuine care for their client’s businesses truly sets them far apart from all others.”
– Jeremy Bergstein, CEO, The Science Project
L.H. Frishkoff & Company
546 Fifth Ave. New York, NY 10036
212-808-0070
565 Taxter Road, Elmsford, NY 10523
914-523-2047
L.H. Frishkoff & Company
546 Fifth Ave. New York, NY 10036
212-808-0070
565 Taxter Road, Elmsford, NY 10523
914-523-2047