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Cryptocurrency and Taxes: What You Need to Know

By Anil Melwani / December 1, 2017 / Comments Off on Cryptocurrency and Taxes: What You Need to Know

Cryptocurrency has been on the rise in recent years as more and more investors recognize its potential as a profitable asset. One of the first cryptocurrencies, Bitcoin, began in 2009 and has grown enormously. Today, Bitcoin is valued higher than Disney, IBM, and McDonald’s at almost $10,000 a unit. For tax purposes, the IRS does […]

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Do You Need Professional Tax Filing Help?

By Anil Melwani / November 8, 2017 / Comments Off on Do You Need Professional Tax Filing Help?

After getting married last year, Mariam Majid knew she needed help filling her taxes. Marriage can mean a big change in filing status, and while she felt comfortable filing before, she new was hesitant to move forward without expertise. Additionally, her new husband was navigating a complicated immigration process which can make filing taxes correctly […]

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4 Tax Planning Tips for Real Estate Brokers

By Anil Melwani / November 8, 2017 / Comments Off on 4 Tax Planning Tips for Real Estate Brokers

As a real estate broker, planning for your taxes is important to avoid unexpected fees and bills. Read how Anil of 212 Tax was able to take the headache out of Jordan of Vanguard Global Real Estate’s taxes with expert advice and filing assistance.

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4 Reasons Your Business Needs a Trustworthy Accountant

By Anil Melwani / November 8, 2017 / Comments Off on 4 Reasons Your Business Needs a Trustworthy Accountant

David Amirian, a real estate developer in New York City, began to realize his company’s accountant wasn’t performing as well as they should. He had the company books checked by a professional only to discover errors accounting for over $100,000. David knew he needed to find an accountant he could trust with his business. Anil at 212 Tax was able to step in and give him the support his business needed to grow.

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3 Steps to Take When Faced with a Tax Lien

By Anil Melwani / November 8, 2017 / Comments Off on 3 Steps to Take When Faced with a Tax Lien

Lindsey Fein found herself in a scary tax situation. After learning her previous employer had failed to pay the state income tax for the last two years of her time there, she was faced with an IRS Lien. She did her best to mediate the situation alone and with her former accountant, but was able […]

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212 now has a new satellite location in Brooklyn

By Anil Melwani / September 29, 2017 / Comments Off on 212 now has a new satellite location in Brooklyn

To better serve our expanding client base throughout the New York City area, 212 Tax now have a new satellite location in Brooklyn. We can now ensure we will be even more accessible to assist you with your tax issues. This location is by appointment only, so call 212 Tax today to schedule a consultation […]

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Doing Your Own Taxes as a Small Business Owner

By Anil Melwani / September 22, 2017 / Comments Off on Doing Your Own Taxes as a Small Business Owner

One of the biggest challenges small business owners face is the prospect of doing their own taxes. This alone is enough to scare many away from owning their own small business, as the forms and filing can seem intricate and confusing for those without experience. The truth is, it can be complicated as a small […]

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Are You Getting Your Full Tax Return?

By Anil Melwani / September 15, 2017 / Comments Off on Are You Getting Your Full Tax Return?

Anil of 212 Tax helped Danielle of Paychex get more back from the IRS than she thought possible. Now, she refers all of her clients to Anil because she knows Anil and the experts at 212 Tax will give the best filing advice. Are you getting your full tax return each year?

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7 Misconceptions About Forming a LLC

By Anil Melwani / September 8, 2017 / Comments Off on 7 Misconceptions About Forming a LLC

When Michael Kinney launched his pizza truck business in Detroit, he knew he needed to file multiple LLC’s, but he didn’t know where to begin. Amil of 212 Tax takes the stress out of registering your business. Read on for 7 misconceptions about forming an LLC.

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How to Simplify the Tax Process as a Freelancer

By Anil Melwani / September 1, 2017 / Comments Off on How to Simplify the Tax Process as a Freelancer

More and more people are leaving the traditional workplace behind for freelance work. By 2020, more than 40% of the workforce is expected to be filled by freelancers. With new technology connecting businesses and experts and the rise of co-working spaces, freelancers are not going away anytime soon. As independent contractors, freelancers often struggle to […]

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