You’ve finally received your long-awaited tax refund now the question is what to do with it? You could go shopping, perhaps treat yourself to the latest gadgets with the hopes that something new and improved doesn’t come out to make…
Tag: taxes
Whitman Accounting Students Place First in Regionals of Annual Deloitte Tax Competition
On Nov. 4 the Martin J. Whitman School of Management Tax Team placed first in the annual Deloitte FanTAXtic regional competition in Boston, Massachusetts. The students, Yonglin Wang ‘19, Leanne Paddock ’20, Jonathan Gauthier ’20, Yue Lei ’18, Ryan Houck ’20, Michael Leong…
College Students and Taxes
It is that time of year when two things are sure – tax returns need to be filed and most college students are broke or in need of money for spring break. After preparing the tax return for my children,…
Whitman Accounting Students Gain Real World Experience While Making a Difference Through WhiTax
During the tax season, Beta Alpha Psi, the accounting honors society at the Martin J. Whitman School of Management, has created a student-run accounting firm, WhiTax. The purpose of the program is to give back to the community and gain…
Whitman School Accounting Students Offer Free Tax Prep
WhiTAX, a student-run accounting firm in the Martin J. Whitman School of Management is offering free tax preparation this tax season. The firm, operating as a chapter of the AARP Tax-Aide Foundation, includes undergraduate and graduate accounting students who provide…
What You Need to Know Before Making the Mad Dash to File Your Taxes
The tax season ends soon. Have you filed yet? If you are one of the 25 percent of taxpayers scrambling to file taxes before the deadline, remain calm. There is still time to learn what to look for when filing…
Tax Tips and Insights for Small-Business Owners
Being a small-business owner can be challenging, especially during tax season. Whitman School of Management Professor of Accounting Practice John Petosa offers tips for small-business owners filing their taxes. 1. Put aside enough money to pay all the required taxes such…
Being Audited? What You Should Do
The receipt of a letter with the IRS’s insignia instills fear into anyone who receives that fateful letter indicating that you have been selected for audit. It is uncomfortable for everyone even if you believe you have nothing to hide.…
What can I do with an Accounting Major?
If you love numbers and have a knack for details, a degree in accounting could be a great fit for you. But accounting doesn’t mean that you have to sit at a desk all day, crunching numbers—today’s accountants are involved…
Tax Expert Discusses Five Things to Consider Before Filing a Tax Extension
John J. Petosa, CPA, J.D., professor of accounting practice at the Martin J. Whitman School of Management at Syracuse University, says tax extensions are necessary for many taxpayers. He is available to discuss some of the reasons for filing an extension, including:…
Still Need to Do Your Taxes? 4 Commonly Overlooked Tax Deductions
It’s hard to keep up with the ever-changing tax code but if you still need to do your taxes this year, consider these four commonly overlooked deductions: Out-of-pocket costs incurred while doing work for a charity: You can write off costs…
Whitman Accounting Students Compete in Annual Deloitte Tax Competition
On Nov. 7 two teams of five Whitman students competed in the annual Deloitte FanTAXtic competition. The students were Yujing Sun, Zhengliang Peng, April Yunwen Gu, Shuwen Tan, Jiayi Fan, Brett Aston, Lauren Dishman, Rolf Witt, Kirby Corcoran and Catherine…
#WhitmanWatch: Morgan Dreyer
Class of 2016 Majors: Finance, Applied Mathematics Hometown: San Jose, California LinkedIn: http://linkedin.com/in/dreyermorgan When Morgan Dreyer was applying to colleges, she was intent on leaving California for a school on the East Coast. She discovered Syracuse University, and it checked…
Top 3 Things College Students Should Do with their Tax Refunds
You’ve just filed your tax return and “woo hoo!” you’re getting a refund! That Apple watch is looking pretty good and it’s now within your reach, but, not so fast! Careful consideration of where you spend this bonus money is…
Internship Insights: Kayla Beauduy at PwC
In the summer of 2014, Kayla M. Beauduy, a JD/MBA candidate, interned at PricewaterhouseCoopers in New York City, specifically in the state and local department of tax. Her experiences in the internship ranged from networking with senior level partners to navigating the hustle and bustle of The…