Category: Blog

Personal Note From James Tsempelis: A Holiday Prayer For All of Us

It’s Monday the 23rd, as I write this here at New York City tax preparation headquarters, and many of our clients and friends are gearing up for a week of family and merriment, with a side dish of a little stress thrown in for good measure! I’m very aware that the holidays are a time […]

Continue Reading

New York City Tax Preparer Explains Why You Need An Estate Plan NOW

I’m once again spending my morning scattershooting around news in the tax industry, while simultaneously preparing for a sure-to-be-busier tax season here in the New York City area (thanks for all the recent referrals — keep ’em coming!) AND navigating the perils of another holiday season … well, it means one busy James Tsempelis! Seriously, […]

Continue Reading

James Tsempelis’s Reasons To Give Money Away, With or Without a Tax Deduction

Right now, a little knowledge is trickling into the wider tax professional community, but it’s something we’ve known around here at Team Tsempelis for quite some time: Properly planning and managing a New York City tax preparation client’s reported Adjusted Gross Income (AGI) doesn’t just affect the tax bill — it also affects potential health […]

Continue Reading

James Tsempelis’s Tax Moves for December 2013

I make it my practice here at New York City Tax Preparation Central to put this weekly blogpost together on a Monday — and today, of course, happens to be “Cyber Monday”. Remember those days when we all had dial-up modems at home and it actually made sense to do your shopping while at work? […]

Continue Reading

James Tsempelis’s 9 Reasons to Create an Estate Plan RIGHT NOW

From tragedy, to tragedy — this one closer to New York City than the Philippines (by which I don’t intend to deprecate the horror of the typhoon’s aftermath — please do donate, as I suggested last week) — we now have had some terrible tornadoes through our Midwest (see: http://apnews.myway.com/article/20131117/DAA4LGI00.html). Even NFL Football was affected, […]

Continue Reading

New York City Tax Professional Warns of 2013 Tax Changes and Expiring Tax Breaks

I’ve been very affected by what happened in the Philippines last week, even safely ensconced in our New York City tax preparation office. It’s shocking, painful, and the devastation wrought by “the worst storm of all time” is only barely being uncovered. One report I just read said that there could be 10,000+ dead in […]

Continue Reading

New York City Tax Preparer Speaks Out About Avoiding An Audit On Your Taxes (Part 2 of 2)

Well, file this one under “Offbeat News” (or not). Filling out a tax return in New York City (or elsewhere) is complicated, apparently. And this is true even for many New York City accountants, at least from what we sometimes see when people bring in returns to our Team Tsempelis offices, which were prepared elsewhere […]

Continue Reading

James Tsempelis On: Avoiding An Audit On Your Taxes (Part 1 of 2)

Sometimes I see a story which reminds me of the very reasons why I started doing what I do, here at this New York City tax preparation business. Not every New York City tax professional is the same — some of us got into this business simply because we were pretty darn good at math, […]

Continue Reading

New York City Tax Preparation Business Busts The Big Lie Told To College Grads (And Others)

Another summer is in the books here in the New York City area, with Labor Day now officially behind us. Around here at Team Tsempelis, we’re starting to prepare in earnest for Tax Season 2014, watching the IRS like a hawk (a couple of big moves last week — about which I’ll have more in […]

Continue Reading

Estate Planning “Lessons” from Tony Soprano and From Your Friendly New York City Tax Service

The world certainly doesn’t seem to slow down — both here in the New York City area, and beyond — does it? And now that the whole world doesn’t get to distract itself with the Trayvon Martin / George Zimmerman murder trial, there will certainly be a new thing to agitate us, at least if […]

Continue Reading