NPM and Associates is a local accounting, tax and financial services company. Paul J. Medordi, CPA
01/10/2021
https://www.investopedia.com/everything-to-know-about-individual-2020-taxes-4775907
What You Need to Know About Your 2020 Taxes Although some deductions and other filing details remained unchanged, certain deductions and income allowances will inch up for 2020.
09/25/2020
NPM and Associates, LLC now offering tax resolution services.
03/12/2018
IRS Warns of Fake Charity Tax Scams
IRS Warns of Fake Charity Tax Scams These ‘fake’ charities attempt to attract donations from unsuspecting contributors, using a charitable reason and a tax deduction as bait for taxpayers. Fake charities are one of the “Dirty Dozen” tax scams for the 2018 filing season.
03/09/2018
We know what we are, but know not what we may be. William Shakespeare
03/08/2018
Small Biz Incorporation Tips for Tax Time
Small Biz Incorporation Tips for Tax Time A recent survey commissioned by Rocket Lawyer found that out of 1000 respondents, 12% plan to incorporate to get the new tax breaks, and over a third (35%) plan to talk with a tax professional about the possibility.
03/07/2018
New tax law could discourage sports team player trades
New tax law could discourage sports team player trades Changes in the rules for like-kind exchanges may cause owners to reconsider swapping athletes.
03/06/2018
Do I Need an Accountant This Year? 5 Signs the Answer Is Heck, Yes!
Do I Need an Accountant This Year? 5 Signs the Answer Is Heck, Yes! Do I need an accountant when I file my taxes this year? The changing tax laws may leave you wondering. Here's when it pays to pay a pro.
03/05/2018
Tax law spurs demand for wealth management advice
Tax law spurs demand for wealth management advice CPAs are seeing more need for financial planning for clients with the passage of the Tax Cuts and Jobs Act.
03/02/2018
Old age is like everything else. To make a success of it, you've got to start young. Theodore Roosevelt
03/01/2018
IRS Releases New 2018 W-4 Form
IRS Releases New 2018 W-4 Form The Internal Revenue Service has released an updated Withholding Calculator on IRS.gov and a new version of Form W-4 to help taxpayers check their 2018 tax withholding following passage of the Tax Cuts and Jobs Act in December.
02/28/2018
Are Your Business Clients Prepared for the End of Tax-Free Shopping?
Are Your Business Clients Prepared for the End of Tax-Free Shopping? How would your retail business clients fare if tax-free shopping were to end? Are they prepared to collect and remit sales tax in all states?
02/27/2018
5 Common Reasons Why Property Taxes Go Up, No Matter Where You Live
5 Common Reasons Why Property Taxes Go Up, No Matter Where You Live Property taxes are a necessary burden, but they're even more of a headache when they go up without warning. These are some of the factors to blame.