Marcum LLP
News

As Seen In

 

In This Edition

Newsday

Newsday featured advice from Partner Karen O’Connor in a column about year-end tax tips.

Featured: Karen O'Connor, Partner, Tax & Business Services

Share:

Excerpt:

Among other tax considerations for small business owners and individuals is making sure they adjust their income tax withholdings before year-end to ensure they’re not under-withheld in 2019, says Karen O’Connor, a partner at Marcum LLP in Melville. Some taxpayers in 2018 were unaware the withholding tables were updated due to the tax changes brought on by the Tax Cuts and Jobs Act and were subsequently under-withheld last tax season, she said. Also, small business owners and individuals that make charitable contributions should consider bunching two years worth of charitable contributions into a single year, O’Connor says. This may bring them above the increased standard deduction created by the TCJA, allowing them to itemize deductions for that year, providing a potentially greater benefit over a two-year period, she says.

Click here to read a PDF version of the article >>

 
Featured
Karen O'Connor, Partner, Tax & Business

Partner
Tax & Business
Melville, NY
 

 
 
HAVE A QUESTION? ASK MARCUM
 
STAY IN TOUCH.

SIGN UP TODAY FOR MARCUM'S NEWSLETTERS.

ABOUT MARCUM LLP

Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland.

Learn More

CONNECT WITH US
OFFICES

Headquarters
750 3rd Avenue, 11th Floor
New York, NY 10017

Find an Office

(855) MARCUM1
info@marcumllp.com

FOUNDATION

Marcum Foundation

AFFILIATIONS

Leading Edge Alliance

Privacy Policy

This website uses cookies to learn how visitors interact with our website so that we can improve our services and your online experience. By using this website, you agree to our privacy policy.