The IRS offers 7 bits of advice when receiving a notice. 1. Don’t ignore it. We agree. Too often clients bring us their notices with days to go before more penalties are to be imposed. This goes for NY state notices too. 2. IRS notices usually deal with a specific issue about your tax return. Absolutely true. [...]
Don't ignore IRS or State tax notices. They will not go away.
The new tax law will hit the Tri-state area particularly hard. There are some last minute things you can do to mitigate the impact. Prepay your 2018 real estate taxes on or before 12/31/2017. If you pay your local taxes directly, either send them a check or go on to their website and e-pay. If [...]