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The Focus - Our Tax Newsletter

Our Focus newsletter provides monthly tax trends and topics written by our professionals. 

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The Focus - Our Tax E-Newsletter |

Focus on Now and Moving Forward

March 26, 2020 - The Focus newsletter is dedicated to bringing you the latest updates and information.  The articles written in this edition are carefully crafted to help you and your business navigate through these uncharted waters.

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The Focus - Our Tax E-Newsletter |

Employer Costs for Employee Parking – Are They Deductible?

Many companies provide parking for their employees. While it is easy to assume that the expenses related to parking would be a typical operating expense that could be deducted for tax purposes, this is not always the case.

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The Focus - Our Tax E-Newsletter |

Beyond the Numbers: John Howard, CPA

John joined the firm as a Principal after Barone, Howard & Co., a full-service accounting, tax and consulting firm based in New Hartford and Rome, merged with Dermody, Burke & Brown.

The Focus - Our Tax E-Newsletter |

NYS SHIELD Act: Are you Prepared? (Video)

Not many companies are aware of the repercussions of the recently adopted cyber security guidelines relevant to all employers in New York State.  On July 26, 2019 governor Cuomo signed the "Stop Hacks and Improve Electronic Data Security…

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The Focus - Our Tax E-Newsletter |

10 Notable 'Disaster Act' Tax Extenders

As the 2020 tax season begins, many of us have wondered whether or not our typical deductions/credits have truly expired or if Congress will pass legislation allowing us to continue to use these benefits. Fortunately, for a number of us,…

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The Focus - Our Tax E-Newsletter |

Setting Every Community Up for Retirement Enhancement (SECURE) Act

The Setting Every Community Up for Retirement Enhancement Act, better known as the SECURE Act, was signed into law on December 20, 2019.  The SECURE Act contains many changes to a variety of retirement topics and many of these changes go…

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The Focus - Our Tax E-Newsletter |

Beyond the Numbers: John Barone, CPA

John joined the firm as a Principal in November 2019 after Barone, Howard & Co., a full-service accounting, tax and consulting firm based in New Hartford and Rome, merged with Dermody, Burke & Brown. He served as Managing Partner…

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The Focus - Our Tax E-Newsletter |

Rental Tax Treatment of Home Sharing

If you are like many American's today, you may have considered getting into the rental real estate arena to supplement, or possibly replace, your primary source of income.

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The Focus - Our Tax E-Newsletter |

Beyond the Numbers: Barone, Howard & Co. CPAs, Join Dermody, Burke & Brown

Barone, Howard & Co., CPAs, P.C., a full-service accounting, tax and consulting firm based in New Hartford and Rome, joined the practice of Dermody, Burke & Brown, CPAs, LLC, one of the largest locally owned and independent…

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The Focus - Our Tax E-Newsletter |

Navigating the Requirements for Deducting Vehicle Expenses

For a business owner, minimizing taxes is imperative to overall financial success.

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The Focus - Our Tax E-Newsletter |

Choosing and Maintaining the Right Retirement Plan

Experts estimate that Americans will need to receive 70 - 90% of their preretirement income during retirement, in order to be able to truly retire and be happy.  Social Security most likely will not be enough to cover this on its own.

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