Legacy Professionals News
Recent Updates
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An important decision to make when filing your individual income tax return is whether to claim the standard deduction or itemize deductions. A change under
- Individual Tax Alerts
Nonprofits of all sizes often receive donations of tangible property, from clothing and household goods to artwork and equipment. But determining how to value those
- Nonprofit Updates
If you itemize deductions on your 2025 individual income tax return, you potentially can deduct donations to qualified charities you made last year. But your
- Individual Tax Alerts
A new tax-advantaged way to help children build up savings for the future was created by the One Big Beautiful Bill Act (OBBBA): Trump Accounts
- Individual Tax Alerts, Tax Info
With cost-of-living concerns, interest rates and federal funding cuts continuing to be prominent in the headlines, many nonprofit leaders are understandably focused on external economic
- Nonprofit Updates
The IRS is opening the filing season for 2025 individual income tax returns on January 26. This is about the same time as when the
- Individual Tax Alerts
Eileen Brassil was appointed by the Board of Directors of the International Foundation of Employee Benefit Plans (IFEBP) to serve on its Professionals Committee as
- Employee Benefit Plan News, Legacy Firm News
To help make sure you don’t miss any important 2026 deadlines, we’re providing this summary of when various tax-related forms, payments and other actions are
- News
Every year, severe storms, flooding, wildfires and other disasters affect millions of taxpayers. Many experience casualty losses from damage to their homes or personal property.
- Individual Tax Alerts
Effective January 1, 2026, we are pleased to announce Thomas Dolis, CPA has been promoted to Manager in the Westchester Audit Department. Tom works with
- Legacy Firm News, Press Releases
Peter Jurich, CPA was named Partner at Legacy, effective January 1, 2026. Peter works with employee benefit plans and labor organizations out of the Firm’s
- Legacy Firm News, Press Releases
Due to the increased demand for outsourced accounting services, (for non-audit/attest clients), we’ve expanded our accounting services department. Services include Bookkeeping, Monthly, Quarterly, and Annual
- Nonprofit Updates, Tax Info
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