Allan Rolnick's (taxcoach) Blog

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Industry Observer - TriState Tax Resolution LLC



Memorial Day weekend can often feel a little disjointed.   There we are with our burgers, our pools, our picnics -- all while we are supposedly remembering the sacrifice of so many thousands who laid down their lives in the line of duty for this country, and for the sake of our constitutional fre...
 On May 14, the Supreme Court struck down the Professional and Amateur Sports Betting Act that had made Las Vegas the only state where bettors could gamble on college and professional sports. (Sorry, wrestling fans, no betting for you. Spoiler alert — the matches are fixed.) Imagine how much loud...
  by Allan Rolnick | Blog It’s increasingly clear to all of us that our present “cultural moment” can take a toll on any Metropolitan NYC person’s mind who isn’t vigilant. Constant connectedness to those who are (by their very vocation) incentivized to highlight change, chaos and fear is more da...
Did you see Google's demonstration of their new virtual assistant technology, Duplex, last week? If you did, like me, probably you were both amazed ... and a little bit terrified of the implications. Essentially, Google is close to figuring out how to make it so that machines and robots can engag...
For those of you who are sole proprietors, you know that the 15.3 percent self-employment tax can eat up your profits in a hurry. You may be able to use a simple strategy to ease this tax burden. If you own an office building or other assets, you can set up a rental arrangement with your spouse t...
        Baseball is back in swing, and several teams have already made it clear that they won't be contending for playoff berths. The Cincinnati Reds are leading that sorry pack, the first team to lose 20 games in the season. But the Orioles, White Sox, and Rangers are all nipping at their heels....
  by Allan Rolnick | Blog Now that TY2017 is behind us, it is time to turn our greedy eyes towards the savings possible for you and your Metropolitan NYC business in the “new” tax code under the Tax Cuts and Jobs Act of 2017. And there are many ways to save with these new regulations. One of the...
           The lights of Broadway have long shone bright as the show business capital of the United States. (Hollywood may have the movies, but it's just not the same. And Vegas? Puh-leaze.) New York theatres attract millions of visitors and billions of dollars every year. Naturally, sharp New Yo...
Criminals. Crooks. Fraudsters. Scammers. Scam Artists. These are all words used in official IRS warnings that have been recently making the rounds, and those who have ever faced IRS problems should be on particular alert to what is going on out there. By the way, when you stop to think of it, the...


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