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It’s Tax Day, April 17th: The History of Income Taxes

In the early years of the United States of America, there were very few taxes. Up until 1802, the nation was mainly supported by taxes on goods (such as tobacco, carriages, sugar, and spirits). During the War of 1812, a sales tax was introduced to offset the high cost of war.' So, when did the income tax come around? In 1862, with the Civil War in full swing, Congress introduced incom  e tax as a law for the first time. While ... Read more

Read the April 2018 Client Information Bulletin…It’s not just for clients!

IN THIS MONTH'S ISSUE: Last chance for key tax deductions? Do you need more time to file? Favorable tax treatment for medical expenses Pressing needs for corporate minutes Compare the two types of IRAs Facts and figures       Image courtesy of Stuart Miles at FreeDigitalPhotos.net Read more

TAX DAY: TUESDAY, APRIL 17th…CONTACT US NOW!

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Read the March 2018 issue of The Wealth Architect

Dear Readers, Time is fleeting...have you gathered the documents needed to file your2017 Income Tax returns? Contact Armao LLP NOW for all your tax needs: 516.320.7220. Sincerely, The Professionals at Armao LLP   IN THIS MONTH'S ISSUE Due Date Approaches for 2017 Federal Income Tax Returns Four Tips for Downsizing in Retirement Weathering the Storm: Are You Prepared? How does working affect Social Security retirement benefits? How can I lower my auto insurance premiums? Image courtesy of Stuart Miles at FreeDigitalPhotos.net    Read more

It’s not just for clients: Read the March 2018 issue of The Client Information Bulletin

IN THIS MONTH'S ISSUE: Overview of the new tax reform law Don't be tricked by spoofs The estate tax lives on Top benefits of 401(k) plans Seven ways to delegate work Facts and figures   Image courtesy of Stuart Miles at FreeDigitalPhotos.net Read more

It’s not just for clients: Read the February 2018 issue of The Client Information Bulletin

IN THIS MONTH'S ISSUE: Seven steps for tax return season How to be a better business leader IRS bumps up retirement plan limits Do you have to file a gift-tax return? Tricky tax rule of itemized deductions Facts and figures   Image courtesy of Stuart Miles at FreeDigitalPhotos.net Read more

2018 Quick Reference Guide

Print and save this handy 2018 Quick Reference Guide for your year-round reference. Click on the image for a full view. Read more

The Best Financial Moves You Can Make In 2018

Address your financial past, present and future. By Ann Brenoff Are you ready to kick off 2018 with a better financial you? Do you want to set aside your spending ways and educate yourself on money matters, once and for all? We rounded up some financial advisers, accountants and bankers ― and sprinkled their advice with some plain old common sense and a touch of online expertise ― to bring you these six ways to improve your finances. Some result in immediate ... Read more

Read the February 2018 issue of The Wealth Architect

Dear Readers, On the wind in February Snowflakes float still, Half inclined to turn to rain, Nipping, dripping, chill. ~Christina Georgina Rossetti, "A Year's Windfalls," 1866 While you're indoors away from the chill, it’s time to gather documents to file your 2017 Income Tax returns. Contact Armao LLP for all your tax needs. Sincerely, The Professionals at Armao LLP IN THIS MONTH’S ISSUE What's Your Money Script? Deducting 2017 Property Losses from Your Taxes Don't Wait to Ask Aging Parents These Important Questions Why is it important to factor inflation into retirement ... Read more

IT’S TIME FOR TAXES! AFFORDABLE TAX PREPARATION

Image courtesy of Stuart Miles at FreeDigitalPhotos.net Read more
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