Did You Know You Might Owe Taxes On Debt That’s Forgiven? Here’s How It Works.
When you owe creditors money that you can’t afford to repay, sometimes you may be able to get the debt forgiven or otherwise canceled. When this happens, you no longer owe your creditors the money that you used to owe them. The IRS, however, usually treats such...Did You Make Money with Cryptocurrency? How to Get Right with the IRS
For early adopters of Bitcoin, Ethereum and other popular cryptocurrencies, the profit potential has been simply stunning. While there have been some heart stopping moments and frightening ups and downs, the clear long-term trajectory has been upward. If you are one...
What You Should Know About Opening a New Business with Fernando Koatz
Fernando Koatz is a Founding Partner of Gleason & Koatz, LLP, a New York-based law firm that provides sophisticated, personalized, and client-driven legal counsel to individuals and domestic and international companies. Fernando was admitted to the Bar of the...Avoid These 5 Common Tax Filing Mistakes That Can Get You In Tax Trouble
Whether you file the simple 1040EZ or a complex 1040 and a raft of schedules, making a mistake on your tax form could lead to big tax trouble. Something as simple as a math error or unsigned form could invite extra attention from the IRS. The tax agency sees those...
Allan Rolnick
Founder and an Accountant at TriState Tax Resolution
Allan Rolnick is the Founder and an Accountant at TriState Tax Resolution The Tax Rescue Squad LLC, a New York-based tax consulting firm helping individuals and small business owners resolve IRS and state tax issues. Since starting his practice in 1992, Allan has guided clients through complex tax challenges — including audits, levies, back taxes, wage garnishments, and tax liens — helping them regain financial stability and peace of mind. He is affiliated with leading professional organizations, including the New York State Society of CPAs, the American Society of Tax Problem Solvers, Tax Rep Network LLC, the American Society of Certified Tax Coaches, and the National Association of Tax Professionals.