Newsletter Archives

Educator Expense Deduction Increase

Since 2002, education professionals have been able to claim a deduction of up to $250 per year for qualified classroom expenses. For tax year 2022, the maximum deduction amount has increased for the first time, …

Guidance on Crowdfunding and Taxes

Crowdfunding has become one of the most popular ways to raise money for charities, businesses, and people enduring hardships. Depending on a variety of circumstances, money raised through a crowdfunding campaign may be either taxable …

Upcoming Tax Deadlines

September

Day

12
Employees Who Work for Tips – If you received $20 or more in tips during August, you must report them to your employer (employees are required to keep a daily record of tips). All tips …

J&L Tax Inc.
1360 Loring Avenue
Brooklyn, NY 11208

(P) 718.277.0200 (F) 866.274.2330

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