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With recent headlines and social media discussions referencing “BBB” in connection with Donald Trump, many taxpayers and business owners are asking the same question: What does this actually mean for my taxes? At Express Tax Professionals, we believe in cutting through the confusion. Here’s a clear, factual breakdown of what “BBB” refers to and what you should (and should not) be doing right now. What Is “BBB” in Simple Terms? “BBB” is not a finalized tax law or IRS rule. Ins

A smooth tax appointment starts with good preparation. Whether you’re filing as an employee, homeowner, or business owner, this checklist will help you come in with everything you need, so we can help you maximize your refund and avoid delays. For Individuals & Families Government-issued ID Social Security cards for you + dependents W-2s from all employers 1099 forms (gig work, unemployment, interest, retirement, etc.) Last year’s tax return (if available) Childcare expenses

Planning ahead isn’t just for the wealthy, it’s for anyone who wants to protect the people and assets they care about. Whether you own a home in Queens, run a small business, or simply want to make sure your final wishes are honored, having the right estate plan is essential. But should you choose a Will or a Trust? Here’s a simple quick guide to help you decide: What a Will Covers A Will lets you: Choose who receives your property Appoint guardians for minor children Provid

If you’re starting a business in New York, or turning your side hustle into real income, choosing the right business structure is one of the most important decisions you’ll make. Here’s a simple breakdown to help you choose between a Sole Proprietorship and a Limited Liability Company (LLC). Sole Proprietorship Easiest to start • Lowest cost Your business is YOU, no separate legal entity All income is reported on your personal tax return Ideal for freelancers, consultants, ne

Owning a home in New York isn’t cheap, so every deduction counts. Whether you live in Queens, Long Island, Brooklyn, Bronx or Staten Island here are the top tax deductions homeowners are often eligible for but frequently overlook: Mortgage Interest: A major deduction for most homeowners, especially in high-cost areas. Real Estate Property Taxes: Part of the SALT (State and Local Tax) deduction — still valuable. Home Office Deduction: Remote workers and business owners ma