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Everything You Need to Know and More About Tax Season 2021

With the ups and downs of the past year, believe it or not we are rapidly approaching a new Tax Day, Thursday, April 15, 2021. That means that we are currently in the midst of tax season 2021. So, if you’re wondering about some of the changes from the past year, our accounting experts have […]

How to Choose the Right Tax Preparer for You and Your Needs

With the end of a tumultuous 2020 approaching, tax season is right around the corner. And with the topsy-turvy nature of that last year, it’s never been more important to get the right tax preparer services for you and your individual needs. Therefore, take it from the pros. Here are a few tips and tricks […]

How Tax Rates May Change during the Upcoming Biden Presidency

No matter who is president, chances are that they will have different ideas on taxes that will change the amounts individuals and companies will have to pay. And, under new President-elect Joe Biden’s impending presidency, that doesn’t seem likely to change. Therefore, keep up with the latest changes to tax rates by checking out our […]

5 Savvy Real Estate Accounting Tips to Prepare for Year-End

As we near the end of a tumultuous 2020, many businesses, including real estate firms, are planning for the upcoming year ahead. It’s certainly been a topsy-turvy year for anyone selling or buying residential and commercial properties, so year-end preparations might be a little different this time around. Therefore, our expert team has you covered […]

The Top Reasons Why Businesses Should be Outsourcing Payroll

Although some companies choose to handle it in-house, there’s a reason that so many businesses continue to outsource their payroll service to a trusted, local accounting firm. So, if you’re trying to decide between the two, we can help. Check out these top benefits of outsourcing payroll services to accountants like Calabrese & Associates, P.C. […]

The Top Benefits of Tax Preparation Services for Businesses

As the end of the year comes into focus, so too does next year’s tax filing. And when you consider the craziness of the last year, there are many details that you might not think to consider. That’s where a local accounting firm comes in. By using professional tax preparation services for your business, you […]

Estate Planning Checklist: Everything you Need to Know

Estate planning should never be taken lightly. So, if you’re beginning to take proactive steps to plan out yours, you might not be aware of all the different tasks you must complete along the way. Therefore, make sure you have everything covered by looking at our estate planning checklist. After all, it is essential to […]

The Top Benefits of Using a Local Accounting Firm like Calabrese

When it comes to accounting firms, you typically have many choices, both for personal and business finance purposes. In this blog, we will spotlight the benefits of choosing a local accounting firm. Why Go with a Local Accounting Firm? When it comes to accounting, you are likely familiar with the “Big Four” names: Deloitte, PwC, […]

Payroll Tax Cut: What it Could Mean for Businesses

President Trump has allegedly been urging for a payroll tax cut to be implemented. In today’s economic situation, it is important to fully understand any major decision made by the federal government. In this blog, we will cover what exactly this means and how this affects businesses going forward. What is a Payroll Tax Cut? […]

What is a Virtual CFO, and How can it Benefit your Business?

Now more than ever, businesses and startups are looking for new ways to cut costs while still maintaining the same level of production and success. From staff cuts to outsourcing, the options are seemingly endless. However, one method many New York-Metropolitan companies are exploring is the idea of a virtual CFO. What is a virtual CFO you ask, and how can they benefit your business? We have the answers.