Archive for January 12, 2019

Everything You Need To Know About Filing Your Taxes

Written by Economic Development Jobs on January 12, 2019. Posted in Need a good accountant, Real estate accountant nyc, Tax accountants nyc

Sure, taxes in New York — or anywhere really — can be quite confusing and more than a little bit daunting. There’s plenty of little tricks and quirky rules that seem to throw many people off their game, turning them away from the idea that they could ever possess even a general understanding of how everything works. For example: did you know that, in New York City,uncut bagels are tax exempt. If they’re sliced, an 8.875% sales tax applies because it then is moved to the category of being prepared food. Although a bit interesting, do not let little rules such as these keep you from gathering a larger understanding of the taxation process as a whole. It is a vital part of life, and things go much smoother and are less intimidating once you have a better idea of what is going on.

Do not worry though, there is a learning curve for everyone, and the best place to start is by talking to an accountant. Accounting is the process of maintaining one’s financial accounts, and if