Hoboken Tax LLC

02/10/2025

What kind of egg prices or limits are you seeing in your go-to grocery store?

The humble egg is now a source of frustration for millions of shoppers around the U.S, who face soaring prices and shortages. What's going on?

02/07/2025

We’ve seen it all: The multi-state income struggle when you go to file. The unexpected life changes that throw your tax strategy awry. The returns claiming the most obscure credits.

And we know how to take every one of these complex situations in stride – something a tax software can’t do.

Let us help you find your most tax-savvy course of action this tax season, so more of your money ends up in YOUR hands (not the IRS’s).

02/06/2025

Our hope is that you NEVER have to come see us. But with tax season happening right now, scammers are trying to send more of you our way. So a word of caution to you: If it sounds too good to be true, it probably is.

And if you do get tricked by these scams, we’re here to pick you back up.

02/05/2025

Trying to get together all your documents for your tax appointment is a beast of a task – we know. And we’re here to lighten your load. So if you’re feeling overwhelmed, send us a DM.

Time to get it off your chest – what part of tax season do you dread the most?

02/05/2025

Looking to buy a new summer vacation home? FIRPTA has something to say about it – so pay less attention to the swanky backyard pool and more to who your seller is.

If you buy property from a foreign seller, the Foreign Investment in Real Property Tax Act (FIRPTA) says you have to withhold 15% of the gross sales price and send it to the IRS. The seller ultimately pays the tax, unless you fail to do your part. Then it might come out of YOUR pocket.

This also applies to buying a commercial office building, a house inherited by a foreign seller, and lots of other scenarios. Talk to us if you want the full breakdown.

02/03/2025

Nearly half of remote workers say they would leave their jobs if they had to return to the office. Would you?

Among employed adults who have a job that can be done from home, 75% are working remotely at least some of the time.

01/31/2025

Got yourself a side hustle yet? They seem to be the style these days. If you don't have a small side job for supplemental income, chances are a few of your friends do.

If you do have a side gig, do NOT overlook making estimated tax payments on what it earns you throughout the year. You could end up with an unwelcome surprise in the form of a hefty fee this time next year if you ignore this.

Call us about your specific situation, and we can walk you through it: HOW to pay, WHEN to pay, and how MUCH. It will be very worth it (saving you BIG money), come next year's tax filing.

01/31/2025

How do you file taxes?
How can you reduce what you owe?
How do you claim deductions and credits?
How do you stay far away from penalties?

If you’ve been asking yourself questions along these lines, no need to feel embarrassed. Most people don’t know the basics of how taxes work.

The important thing is to ask for a helping hand – we’re not here to judge you. And as we’re 3 days into tax season, there’s no better time than now. Just give us a call.

01/29/2025

If you’re dealing with IRS issues, know this: You have RIGHTS. Among them are the rights to…

👍 Be informed.
👍 Pay no more than the correct amount.
👍 Challenge the IRS.
👍 Be heard.

And these are the hills on which we fight for you. So let us help you – you don't have to figure it out on your own.