Taxpayers are frequently blindsided when their filing status changes because of a life event such as marriage, divorce, separation or the death of a spouse. These occasions can be stressful or ecstatic times, and the last thing most people will be thinking about are the tax ramifications. But the ramifications are real, and the following […]
On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes, including extending certain tax provisions that expired after 2017 or were about to expire, a number of retirement and IRA plan modifications, and other changes that will impact a large portion of U.S. […]
When was the last time you or your attorney reviewed or updated your will or trust? If it was before the passage of the 2017 tax reform legislation, or the Tax Cuts and Jobs Act (TCJA), your documents may be out of date. Among the many changes in that law was a more than doubling […]
Although intended for small business owners, this article discusses accounting mistakes that can hinder growth in your business no matter the size. First and foremost, failing to hire the right CPA can immediately put a cap on the amount your business can grow. Additionally, topics such as mixing personal and business finances and ineffective billing […]
Farkouh, Furman & Faccio LLP is pleased to announce the addition of new Tax Associate, Jason Yu, to its team.
This article discusses 30 family business truths that may be hard to swallow but can change the way your business operates on a day to day basis. For example, a high trust culture can be imperative when dealing with sticky situations in the workplace. In addition, focusing on what different members of the family have […]
This article offers seven different tips that small business owners should be aware of as we enter the new year. From using data to shape your strategies to playing around with different content, these insights could be the difference between you and your competition. Little things can go a long way, and this small business […]
NEW YORK, NY – January 21, 2020. Farkouh, Furman & Faccio, LLP (“FF&F”), a leading boutique accounting and advisory firm, is pleased to announce the addition of its 2020 accounting Interns, Chris Chen and Zoryana Lototski. Chris Chen is a graduate of State University of New York (SUNY) College at Geneseo, where he received his […]
Farkouh, Furman & Faccio LLP is pleased to announce the addition of new Senior Tax Associate, Val Syla, to its team.
Farkouh, Furman & Faccio is pleased to announce the addition of new Administrative Assistant, Salam Farhat, to its team.