Whether you need Tax Advice, Income Tax Preparation, General Accounting , Investments - Amberstone Consulting has got your back. Our years of experience guarantee your company and paperwork are in good hands.Learn More
The seasoned tax preparers and tax consultants at Amberstone Consulting have a comprehensive understanding of the complexities of the tax code.
As industry-specific experts, we also provide a wealth of knowledge and experience in real estate analysis and structuring clients for mortgage qualification.
In business now for 30 years and the largest accounting firm in South Brooklyn, with 6500 clients yearly, Amberstone’s areas of expertise include income tax preparation, audits and tax debt resolution, and payroll and general accounting for businesses. Amberstone’s dedicated and experienced team strive to provide high quality, responsive, hands-on and timely solutions to our clientele, which comprises individuals, businesses and real estate investors in the area.
At Amberstone Consulting, a premier accounting firm, our mission is straightforward: to craft structures designed to assist our clients achieve their short- and long-term financial goals. Our core values are integrity, professionalism, the highest quality service, security, and privacy.
Real estate investing has a long list of benefits for many investors, but few people are aware of the specific tax benefits, too. Real estate investing typically includes buying properties for investment purposes, which are most often used to generate income through long-term or short-term Airbnb rentals.
As tax season rolls around each year, homeowners are able to take advantage of some great tax benefits if they seek professional tax advice. Tax deductibles can amount to hundreds, if not thousands of dollars each year for homeowners so it’s important to know how these deductions work. So let’s take a closer look at what household expenses are deductible this year.
Understanding the different types of taxes that federal and state governments impose is critical to implement effective tax planning strategies. One of the most common taxes to watch out for is the capital gains tax. The capital gains tax is a tax on profits from investments that have been recently sold.The IRS has set up a graduated tax system for the capital gains tax.
Stimulus payments have been a lifeline for many Americans during COVID-19, but many were unable to receive the full payment amount due to life changes, income levels, or other determining reasons. The introduction of a Recovery Rebate Credit is now a way to help solve this issue for millions of Americans.
The changes to the Child Tax Credit are designed to assist families through the help of advance payments of credit as early as this summer. As part of the 2021 Advance Child Tax Credit Payments program, the IRS will pay half of the total credit amount for 2021 in the form of an advance monthly installment.