Precise Accounting & Business Consulting LLC

Precise Accounting & Business Consulting LLC Our team will help you achieve your personal and business goals!

•Tax preparation (Monthly, Quarterly, Annual)
•Bookkeeping
•Payroll
•Real Estate
•Business Registrations
•Notary public
•And More

If you’re age 50 or older, a great way to enhance your retirement nest egg is to make “catch-up” contributions to your 4...
09/21/2026

If you’re age 50 or older, a great way to enhance your retirement nest egg is to make “catch-up” contributions to your 401(k), 403(b), 457 plan, SIMPLE or IRA. And workers age 60 to 63 can potentially boost their 401(k) or other employer-sponsored retirement plan up to 150% of the regular catch-up limit. For 2026, this means an extra contribution of $11,250 ($5,250 for SIMPLEs). Want to make the most of tax-advantaged savings opportunities? Contact us at 914-965-2111.

The Financial Crimes Enforcement Network (FinCEN) is making permanent the suspension of the beneficial ownership informa...
09/18/2026

The Financial Crimes Enforcement Network (FinCEN) is making permanent the suspension of the beneficial ownership information (BOI) reporting requirements for U.S. companies and U.S. persons. If these Corporate Transparency Act requirements had gone into effect, millions of U.S. businesses would have faced the administrative burden of an initial BOI filing and subsequent updates for any BOI changes. FinCEN will also delete previously reported information it believes belongs to U.S. persons (such as information linked to U.S. driver’s licenses and U.S. passports). Foreign entities that are reporting companies must still report BOI for foreign individuals. Call us at 914-965-2111 if you have questions.

Donating artwork, antiques, collectibles or other tangible personal property that has appreciated in value can produce v...
09/16/2026

Donating artwork, antiques, collectibles or other tangible personal property that has appreciated in value can produce very different tax results depending on the charity’s use of the item. If the use directly supports the organization’s mission — such as an antique donated to a museum for its collection — you may be able to deduct fair market value. But if the item will be used for another purpose, such as being sold at a fundraising auction, your deduction may be limited to what you originally paid for it. Contact us at 914-965-2111 before making a donation to discuss your potential deduction and the applicable substantiation requirements.

Many small business owners find the concept of risk management intimidating. But essentially, it’s about identifying pot...
09/15/2026

Many small business owners find the concept of risk management intimidating. But essentially, it’s about identifying potential disruptions and making practical plans to guard against them. From cash flow slowdowns to staffing shortages, every business faces uncertainty. The key is being prepared, not overwhelmed. Call us at 914-965-2111 for help reviewing your current risks, spotting emerging challenges, and making informed decisions that support long-term stability and growth.

Selling investments at a loss generally reduces taxes, but the wash sale rule can get in the way. If you buy the same or...
09/14/2026

Selling investments at a loss generally reduces taxes, but the wash sale rule can get in the way. If you buy the same or a “substantially identical” investment within 30 days before or after the sale, the loss may be disallowed. Fortunately, there are ways to avoid triggering the wash sale rule and still achieve your goals. Contact us at 914-965-2111 to discuss balancing tax considerations with investment objectives.

Beginning in 2026, employers can claim a tax credit for a portion of premiums for paid family and medical leave (PFML) i...
09/11/2026

Beginning in 2026, employers can claim a tax credit for a portion of premiums for paid family and medical leave (PFML) insurance policies, instead of for a portion of actual wages paid during employees’ PFML. Employers can choose to claim the credit for a percentage of qualifying insurance premiums paid or incurred during the tax year for active PFML coverage. The IRS has issued guidance (Notice 2026-28) that helps employers apply the premium-based method. It addresses how the premium-based method compares to the wage-based method, how to allocate the qualifying premiums, and how to elect between the premium method and the wage method. Contact us at 914-965-2111 to learn more about tax breaks for PFML.

The countdown is on. ⏳ Only 5 days until the September 15 tax deadline.Don’t leave it until the last minute. Contact Pre...
09/09/2026

The countdown is on. ⏳
Only 5 days until the September 15 tax deadline.
Don’t leave it until the last minute. Contact Precise today.


There are several benefits to having an estate plan. It can protect your wealth while giving you peace of mind that your...
09/09/2026

There are several benefits to having an estate plan. It can protect your wealth while giving you peace of mind that your assets will be distributed according to your intentions. In addition, it can save taxes, minimize legal complications and family disputes, and reduce expenses for your heirs. Do you have young children? An estate plan is a must so you can name guardians for them in the event of your untimely death. If you’re ready to begin your estate planning journey, or if you’d like us to review your current plan, contact us at 914-965-2111.

How’s your business’s health now that we’re more than halfway through the year? If you’re not sure, it’s time for a chec...
09/08/2026

How’s your business’s health now that we’re more than halfway through the year? If you’re not sure, it’s time for a checkup. We can help identify strengths, diagnose risks and prescribe the right moves to keep your business thriving. Contact us at 914-965-2111 to schedule your business wellness check today!

Do you know the difference between IRS liens and levies? A federal tax lien arises when you fail to pay taxes after rece...
09/07/2026

Do you know the difference between IRS liens and levies? A federal tax lien arises when you fail to pay taxes after receiving an IRS bill or notice. It’s a legal claim against your property, including real estate and other assets, which can affect your ability to secure credit or complete financial transactions. A levy may be the next step if your debt remains unresolved. The IRS can seize assets — such as wages or bank funds — to satisfy the debt. In short, a lien protects the IRS’s interest, while a levy enforces collection. If you receive collection notices, don’t ignore them! Acting quickly can help open the door to resolution options. Call us at 914-965-2111.

Address

714 McLean Avenue
Yonkers, NY
10704

Opening Hours

Monday 10am - 5pm
Tuesday 10am - 5pm
Wednesday 10am - 5pm
Thursday 10am - 5pm
Friday 10am - 5pm

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