Reading Between the Numbers . . . Providing Knowledge, Insight, Experience and Creativity for our Clients' Benefit.

Visit our blog frequently to read our take on developments and news about taxes, accounting, financial and retirement planning.

Taxpayers are invited to provide comments on the new IRS.gov Test Homepage – Let Your Voice Be Heard

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation!

By Taxpayer Advocate

IRSwebsiteTesting

The IRS is a few months away from launching new look and feel to the IRS’s website (IRS.gov) and you have an opportunity to review the new Homepage about its look, content, and how easily you can find content to answer your tax questions.

You can do this through June 30, 2017 by accessing IRS.gov, navigating to Hot Topics and selecting Help us improve our home page! to provide an assessment of your experience or by entering the feedback tool directly. Testing takes less than nine minutes and your comments are confidential, anonymous and valuable to validate whether the enhancements will meet your needs.

This is a site to help you with your tax questions – please take the time to tell the IRS if it works for you!

Paul S. Herman CPA, a tax expert for individuals and businesses, is the founder of Herman & Company, CPA’s PC in White Plains, New York.  He provides guidance and strategies to improve clients’ financial well-being.

 

Americans For Tax Reform Backs Simple Tax Form For Seniors

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation!

By Tax-News

Tax Reform

Americans for Tax Reform (ATR) has urged all members of Congress to support a bill aimed at simplifying tax filing for American seniors.

The president of the taxpayer advocacy group, Grover Norquist, wrote to Congressman Bill Posey (R – FL), who is introducing the Seniors’ Tax Simplification Act. The bill would create a new tax form, 1040SR, aimed at senior citizens with relatively simple tax affairs. It would include the most common types of income reported by seniors on it, such as interest, dividends, capital gains, Social Security benefits, and pension payments.

Norquist noted that a similar form already exists: form 1040EZ. However, this covers some forms of income not relevant for those who have retired.

He suggested that introducing form 1040SR could benefit some 23 million taxpayers.

Norquist said “All members of Congress should have no hesitation supporting and co-sponsoring this helpful legislation.”

Paul S. Herman CPA, a tax expert for individuals and businesses, is the founder of Herman & Company, CPA’s PC in White Plains, New York.  He provides guidance and strategies to improve clients’ financial well-being.

Grow Your Business with Stress-Free Accounting for Veterinarian Services

Westchester NY accountant Paul Herman of Herman & Company CPA’s is here for all your financial needs. Please contact us if you have questions, and to receive your free personal finance consultation!

 Accounting for Veterinarian Services

We understand just how stressful it is to operate a veterinarian business. Taking care of the animals is only one aspect. It’s a business just like any other. You must hire and train staff, maintain a safe and sterile office environment, do marketing and so much more. Herman & Company CPA’s, P.C. can help alleviate some of this stress by providing the professional tax and financial services you need. We can help simplify your day-to-day accounting duties in order to give you more time to focus on building and growing a successful veterinary practice.

Customized Accounting Solutions

As a reputable White Plains CPA firm in business since 1981, we can handle as much or as little bookkeeping and financial services as you need. We’ll figure out your needs together. We realize that no two veterinarians’ offices are the same. This is why we create a customized service plan for each customer we serve. Our expert bookkeepers and accountants have an in-depth understanding of the veterinary industry and we will work with you to create a strategy that works for your practice.

We offer a wide range of services, including:

  • Tax Planning and Preparation Services for Veterinarians

  • Bookkeeping Services for Veterinarians

  • Financial Statement Preparation for Veterinarians

  • Practice Management Services for Veterinarians

  • Advisory Services for Veterinarians

  • IRS Tax Resolution for Veterinarians

  • Life Insurance Advisory Services for Veterinarians

  • Wealth Management Services for Veterinarians

Benefits of Accounting for Veterinarians

You and your veterinary practice will notice a difference when working with an accountant who focuses on your practice’s efficiency and profitability, not just your taxes and bookkeeping. First and foremost, outsourcing your accounting services will give you more time to focus on the more important aspects of your business. In addition, we will keep or help you keep your records up-to-date and provide you with consistent and accurate financial reports necessary for understanding how your business is doing and then managing it appropriately.

This will give you the time you need to expand your business and provide you with the up-to-date financial records you need to make sound business decisions. Our goal is to assist you in enabling your business to grow and become more profitable.

Alleviate some of the stresses that come with managing your practice by contacting Herman & Company CPA’s, P.C. today and find out how our Westchester accounting firm can help.

Paul S. Herman CPA, a tax expert for individuals and businesses, is the founder of Herman & Company, CPA’s PC in White Plains, New York.  He provides guidance and strategies to improve clients’ financial well-being.

 

Any U.S. tax advice contained in the body of this website is not intended or written to be used, and cannot be used, by the recipient for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions.