FF&F News & Events

The FFF Family Pays Tribute to Colleague at St. Jude Give Thanks Walk

With a strong sense of purpose, the Farkouh partners, professional staff and their family members assembled in Cadman Park on the Brooklyn waterfront on the morning of Saturday, November 22nd to honor the memory of dedicated colleague of 3 years and great friend, William Lepro, who had recently been taken by cancer.

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2014 year end tax planning

New challenges for 2014 year end tax planning

Before the fast-approaching new year, it’s important to take some time and reflect on year end tax planning. The weeks pass quickly and the arrival of January 1, 2015 will close the doors to some tax planning strategies and opportunities. Fortunately, there is still time for a careful review of your year-end tax planning strategy.

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IRS Telephone Scam

Please be Aware of IRS Telephone Scams

In addition to recent reports in the news, we have received a few calls from our own clients regarding suspicious telephone calls from an individual claiming to be an IRS agent.  THESE CALLS ARE SCAMS.

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employment tax

IRS takes aim at employment tax compliance

The current likelihood that your business will become involved in an employment tax audit or an employment-related income tax audit has increased: the IRS is aggressively attempting to reduce the “tax gap” of uncollected revenues in a time of increasing budget austerity.

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Cost Segregation Study

FAQ: What is a cost segregation study of business assets?

Taxpayers using real estate in their business often can generate significant tax savings and increase cash flow by using the technique of cost segregation. Cost segregation is the identification and separate depreciation of personal property components and land improvements.

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