Stuart G. Lang, CPA, P.C. Certified Public Accountants Baldwin Long Island New York

Tax Tips - Stuart G. Lang, CPA, P.C. is a Certified Public Accounting (CPA) firm located in Baldwin, Long Island, New York, servicing all parts of the New York Tri-State area offering accounting; auditing; business formation; business projections; business valuations; estate planning; IRS representation; litigation support services; management consulting; mergers and acquisitions; probate administration; tax planning; tax preparation; peer review services to accounting firms; coop and condominium accounting; not for profit organizations including churches; governmental accounting including school districts.

February 2010
Getting the Most from Energy Credits
Homeowners may be able to take advantage of tax credits for certain energy saving improvements or for installing alternative energy property in their homes. The two credits available are the Credit for Nonbusiness Energy Property and the Residential Energy Efficient Property credit.

January 2010
Encouraging Contributions for Haiti's Earthquake Victims
The House and Senate have approved a bill to accelerate the income tax deduction for contributions to qualified charitable organizations for the relief of Haiti's earthquake victims.

January 2010
New 401(DBK) available in 2010

December 2009
Home Buying Credit – Not Just for First-Timers Anymore
Congress recently extended and expanded the credits available to people buying new homes.

November 2009
Seven things the IRS expects of new businesses
Anyone starting a new business should be aware of their federal tax responsibilities. Here are the top seven things the IRS wants you to know if you plan on opening a new business.

October 2009
Conversion to a Roth IRA – What you need to consider
Have you been thinking about converting your traditional IRA to a Roth IRA? Now is a great time to analyze your options and brush up on recent law changes.

September 2009
Gifting and donating stock
A common tax-savings strategy is the gifting or donating of stock, and the current economy has significant impact on that decision for 2009.

The technical information here is necessarily brief. No final conclusion on these topics should be drawn without further review and consultation. Please be advised that, based on current IRS rules and standards, the advice contained herein is not intended to be used, nor can it be used, for the avoidance of any tax penalty assessed by the IRS.