For more than 30 years, the experienced professionals at Bass & Lemer LLP, a full-service accounting firm, have been committed to providing select New York area clients with the finest tax services and the ultimate personal attention.

As a family-owned firm, this commitment is more than just words to us – relationships are at the center of everything we do. We take our work far beyond number-crunching, getting to know each and every client personally. We are advisors, mentors, colleagues, friends, and partners, relentless about ensuring our clients’ fiscal success and dedicated to providing them with peace of mind about their financial futures.

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IRS finalizes safe harbor to allow rental real estate to qualify as a business for qualified business income deduction

The Internal Revenue Service finalized a safe harbor allowing certain interests in rental real estate, including interests in mixed-use property, to be treated as a trade or business for purposes of the qualified business income deduction under section 199A of the Internal Revenue Code (section 199A deduction).

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IRS has begun sending letters to Bitcoin and other cryptocurrency owners advising them to pay back taxes, file amended returns; part of agency's larger efforts

The Internal Revenue Service has begun sending letters to taxpayers with virtual currency transactions that potentially failed to report income and pay the resulting tax from virtual currency transactions or did not report their transactions properly.

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