Legacy Professionals News
Recent Updates
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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
Our Annual Tax Releases are now posted. The Releases include: Third Party Payments of Sick Pay, W-4P and W-4R Release, 2025 Automobile Rules, and 2025
- Tax Info, Year End Tax Releases
Many tax figures are annually adjusted for inflation and typically increase each year (or at least every few years). For 2026, some additional changes are
- Individual Tax Alerts, Tax Info
The One Big Beautiful Bill Act (OBBBA) creates a new type of tax-advantaged account for eligible children. Section 530A accounts, also known as “Trump accounts,”
- Individual Tax Alerts, Tax Info
Beginning in 2026, individuals who itemize deductions and donate to charity will face a new limit on their charitable deductions. And in some cases, they’ll
- Individual Tax Alerts, Tax Info
The One Big Beautiful Bill Act (OBBBA) creates new income tax deductions for tax years 2025 through 2028 for qualified cash tips and overtime compensation.
- Emerging Tax and Regulations Alert, Individual Tax Alerts
“Fiduciary” is a term that gets thrown around a lot these days. But what does it really mean — and to whom should it apply?
- Nonprofit Updates
You likely have a lot of things to do between now and the end of the year, such as holiday shopping, donating to your favorite
- Individual Tax Alerts
Using independent contractors can save nonprofits money. There’s no long-term commitment, and contractors pay self-employment tax rather than your organization having to pay the employer
- Nonprofit Updates
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