When choosing a CPA, many people focus on one factor first: price. While cost is always a consideration, it is rarely the factor that determines whether the relationship is successful in the long run. For individuals and businesses alike, responsiveness often matters far more than saving a small amount upfront. In a city like New […]
Read moreSelecting the right bookkeeping firm is one of the most important decisions a small business or startup can make. Your financial records shape everything—cash flow, budgeting, payroll, compliance, and long-term strategy. For businesses in Forest Hills, choosing a trusted partner ensures accuracy, organization, and peace of mind throughout the year. Whether you’re a new entrepreneur […]
Read moreRunning a business in New York—especially in Forest Hills—means managing fast-moving operations, staying compliant with local tax regulations, and keeping your financial records organized. For startups and small businesses, reliable bookkeeping and payroll services aren’t just helpful—they’re essential. With the right systems in place, business owners can maintain accurate books, avoid costly errors, and confidently […]
Read moreIn July 2025, a major piece of new tax legislation called the One Big Beautiful Bill Act was signed into law. Here are some key changes that could affect you, your family, and your business. The legislation makes permanent many tax changes that were introduced in 2017 but set to expire in 2026. These include […]
Read moreLaunching a startup is thrilling, but managing your finances effectively from day one is crucial to long-term success. For many new businesses in Forest Hills, bookkeeping is often overlooked—until disorganization starts impacting growth, taxes, or funding opportunities. Here’s why investing in startup bookkeeping is a foundational move every local entrepreneur should prioritize. What Is Bookkeeping […]
Read moreThe federal government officially shut down many of its operations at 12:01 a.m. on October 1, 2025.1 This is the 15th government shutdown since 1980. Most were short, lasting one to three days. The longest lasted 34 full days, from December 2018 to January 2019.2 It’s impossible to predict how long the current shutdown might […]
Read moreOn September 17, 2025, the Federal Reserve’s Federal Open Market Committee (FOMC) lowered the target range for the benchmark federal funds rate by one-quarter percentage point — the first rate cut in nine months. This brought the range to 4.0%–4.25% and resumed the process of lowering it from a high of 5.25%–5.5%, where it stood […]
Read moreOn August 7, 2025, President Trump signed an executive order directing the Department of Labor (DOL) to investigate how alternative investments, including private assets and cryptocurrency, might become more easily accessible to investors in work-based retirement plans. Celebrated by some and criticized by others, the order paves the way for retirement savers — and at […]
Read moreRent devours paychecks, and transportation and student debt compound costs Moving out can be a milestone of independence, but it comes at a steep cost. From rent and student loans to car payments and groceries, the numbers show how quickly a paycheck disappears. The single biggest cost is rent, which averages $2,049 per month — […]
Read moreCollege graduates looking to join the workforce this year encountered the most discouraging labor market in recent memory. The class of 2025 saw the number of job postings on Handshake (a career platform used to recruit college graduates) decline 15% from the previous year. The number of applications per job increased by 30%.1 The Federal […]
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