Gregg Jaffe, Tax Accountant

09/04/2026

Helpful Tip Friday
Paying estimated taxes during the year?
Keep a record of each payment, including the date and amount.
That makes it much easier to confirm what was paid when it is time to prepare your return.
516-770-5305

09/02/2026

Owe the IRS more than you can pay right now?
That does not mean ignoring the bill is your only option.
Payment plans and hardship options may be available, but the sooner you respond, the more choices you are likely to have.
Read more:
https://www.greggjaffetax.com/post/cannot-pay-the-irs-in-full-your-payment-and-hardship-options

08/31/2026

Running a non-profit comes with unique tax and reporting requirements.
Staying compliant allows your organization to stay focused on serving the community.
Keeping filings organized today can prevent headaches tomorrow.
516-770-5305
https://www.greggjaffetax.com/services/non-profit-tax-prep

Ensure compliance and maximize tax benefits with Gregg Jaffe’s expert non-profit tax preparation services. Specializing in Form 990 filing, charitable reporting, and tax-exempt status maintenance for organizations of all sizes.

08/28/2026

Helpful Tip Friday
Changed your mailing address recently?
Update your address with the IRS and New York State as soon as possible.
That helps ensure you receive important tax notices, refund information, and other correspondence without unnecessary delays.
516-770-5305

08/26/2026

Home values have changed dramatically over the past several years.
If you're thinking about selling, understanding the capital gains rules before you list your home can help you avoid unexpected surprises.
https://www.greggjaffetax.com/post/selling-your-house-on-long-island-what-the-tax-bill-could-look-like

Long Island home prices have risen sharply over the past decade. Nassau County median sale prices are running roughly $852,000 as of spring 2026. Suffolk is around $715,000. For homeowners who bought fifteen or twenty years ago, the gap between what they paid and what they can sell for has grown int...

08/24/2026

Waiting until tax season to think about taxes can limit your options.
Year-round planning gives you more opportunities to reduce surprises and make informed financial decisions.
What goals are you planning for this year?
516-770-5305
https://www.greggjaffetax.com/services/tax-planning-and-strategy

Optimize your finances with Gregg Jaffe’s expert tax planning and strategy services. Serving individuals, businesses, and high-net-worth clients with customized solutions to minimize tax liabilities and secure financial goals.

08/21/2026

Helpful Tip Friday
Made a large purchase for your business?
Don't just keep the receipt—save the invoice, proof of payment, and any warranty information, too.
Having complete records can make tax preparation easier and help answer questions if they ever come up.
516-770-5305

08/19/2026

Received a 1099-K this year?
That does not automatically mean every dollar listed is taxable.
Keeping accurate records makes it much easier to determine what should actually be reported.
https://www.greggjaffetax.com/post/are-venmo-paypal-and-cash-app-payments-taxable-the-1099-k-rules-for-2026

If you have sold anything on eBay, collected payments through Venmo, or used PayPal for freelance work, you may have heard that the IRS was about to start requiring platforms to send you a tax form for transactions over $600. Congress repealed that rule in July 2025, and the reporting threshold is b...

08/17/2026

When your financial records are up to date, running your business becomes easier.
Accurate bookkeeping helps you understand cash flow, prepare for taxes, and make informed decisions all year long.
Would cleaner books make your business run more smoothly?
516-770-5305
https://www.greggjaffetax.com/services/bookkeeping

Stay organized and focused on your business with Gregg Jaffe’s expert bookkeeping services. Offering tailored solutions for small and medium-sized businesses, including recordkeeping, reconciliation, and financial reporting.

08/14/2026

Helpful Tip Friday
Started a new business this year?
Open a separate business bank account as early as possible.
Keeping business and personal finances separate makes bookkeeping easier and helps simplify tax preparation.
516-770-5305