Professional Insights
Tax & Accounting Blog CPA Insights for NYC Businesses & Individuals
Practical tax advice, regulatory updates, and growth tips for your business.
Most Medicare Costs Are Increasing in 2024
Premiums, deductibles, and coinsurance amounts for Original Medicare generally change every year.costs that will apply in 2024.
Moody's Downgraded U.S. Debt: Does It Matter?
The move was particularly significant because Moody's was the last of the Big Three credit rating agencies to maintain the triple.
Mining Maelstrom: Why Rare Earths Are Making Headlines
Scientifically speaking, rare earth minerals are the crystal structures that contain rare earth elements (REEs), resources that are crucial .
Key Tax Changes for Individuals, Families, and Business Owners in OBBBA
Key Tax Changes for Individuals, Families and Business Owners in 2026 OBBBA. Owners will benefit from several provisions in the legislation.
Key Higher Education Changes in the New Tax Bill
The legislation imposes new borrowing caps on Parent PLUS Loans and Direct Loans and eliminates the Grad PLUS Loan program.
Is the Yield Curve Signaling a Recession?
Long-term bonds generally provide higher yields than short-term bonds, because investors demand higher returns to compensate
IRS Releases Standard Mileage Rates for 2025
The standard mileage rate for computing the deductible costs of operating an automobile for charitable purposes
IRS Delays Certain RMD Regulations Until 2026
The IRS originally said the proposed regulations would take effect in 2025 to align with the implementation of other final regulations
IRA Strategies During Uncertain Markets
If your income exceeds these thresholds, you might consider converting traditional IRA assets to a Roth instead.
Interest Rates on Federal Student Loans Drop Slightly for2025-2026
Based on this calculation, interest rates on federal student loans are set to decrease slightly for the 2025-2026 school year
Infographic: The Top Performing Stock Market Sectors in 2024
In 2024, nearly all S&P 500 sectors posted gains in a year defined by AI enthusiasm and a robust U.S. economy.
How to Choose a Bookkeeping Firm for Your Business
A complete guide to selecting the best bookkeeping firm for your small business or startup in Forest Hills, NY.
Professional Support
CPA Practice Specializations
Explore our comprehensive tax and financial services designed to protect your wealth, clean up your books, and maintain compliance.
Tax Preparation Services in Queens & New York City
Edward Torres CPA prepares individual, business & complex tax returns for clients in Queens, NYC & all 50 states. CPA-reviewed filing, year-round strategy. Book a free consultation today.
ExploreIRS Tax Resolution & Audit Representation in New York City
Aggressive IRS and NYS tax representation — stop levies, settle debts, and resolve audits with expert CPA advocacy.
ExploreBookkeeping & Payroll Services for NYC Small Businesses
Edward Torres CPA handles bookkeeping, payroll processing, and monthly reconciliations for NYC small businesses. QuickBooks & Xero certified. Month-end reporting included. Free consultation.
ExploreLLC & Business Formation Services in New York City
Edward Torres CPA helps NYC entrepreneurs form LLCs, S-Corps & C-Corps — with EIN registration, operating agreements, and annual compliance. BOI reporting. Flat-rate packages. Free consultation.
ExploreFinancial Audit & Review Services for NYC Businesses, Nonprofits & Lenders
Edward Torres CPA provides independent financial audits, reviews, and compilations for NYC businesses, nonprofits, and lenders. GAAP-compliant reports that build bank and investor credibility. Free consultation.
ExploreFractional CFO & Business Advisory Services in New York City
Edward Torres CPA offers fractional CFO services and business advisory for NYC startups and growing companies. Financial forecasting, investor reporting, and strategic growth planning. Free consultation.
ExploreHave a Tax Question? Book a Free 15-Minute CPA Consultation
Get answers from Edward Torres, CPA — no obligation, no pressure.
Book Free ConsultationContinue Exploring
Connect with the right ETCPA resource
Browse every tax, accounting, and advisory specialty.
QueensVisit our Forest Hills office and local service resources.
NYC NeighborhoodsFind CPA support by neighborhood and ZIP code.
InsightsRead practical tax advice and business strategy.