Wiley Harrison – Business of Your Business

Tag: Wiley Harrison (page 1 of 2)

BCW’s 2021 Hall of Fame Awardee!

March 2, 2021 / Wiley Harrison / Comments Off

We are excited and honored to announce that BYB has been awarded the 2021 Hall of Fame Business Minority Success Award from the Business Council of Westchester.

Thank you, Business Council of Westchester, for this incredible recognition. And congratulations to all of the 2021 Hall of Fame Honorees!

Corporate Citizenship

ENT & Allergy Associates

Entrepreneurial Success

Allstar Innovations

Family Owned Business Success

Lippolis Electric

Small Business Success

Progressive Computing

Women in Business Success

Sarah Jones-Maturo, President and CEO, RM Friedland

Chairman’s Award

Chereese Jervis-Hill, Events to Remember

BYB In 914Inc

February 15, 2021 / Wiley Harrison / Comments Off

Check out 914Inc.’s February/March 2021 publication featuring BYB’s Wiley Harrison; an article titled “Virtual Roundtable: Business Success During Covid”.

Not-For-Profit Council Meeting, March 6, 2020

February 26, 2020 / Wiley Harrison / Comments Off

The Business Council of Westchester – Not-For-Profit Council Meeting

Building Diversity, Cultural Competence, and Inclusion Throughout Your Organization
Friday, March 6th, 8:30 AM
800 Westchester Ave., S-310, Rye Brook, NY

Building a culture of diversity, inclusion and community engagement is vital to the success of every not for profit organization. It is not simply about doing what is right but is a business imperative. Mecca presentation will help define diversity, inclusion, and cultural competence; provide strategies for building a culturally competent organization; and advice on working with your Board of Directors.

Featured Speaker:
Mecca (Santana) Mitchell
Senior Vice President of Diversity Inclusion and Community Engagement

Westchester Medical Center Health Network

Please register to Linda Tyler, Director of Member Engagement at ltyler@thebcw.org

Tax Season is Almost Here!

January 17, 2020 / Wiley Harrison / Comments Off

The IRS will start accepting personal income tax returns on Monday, January 27^th.

The deadline to file your 2019 tax return and pay any tax owed is Wednesday, April 15^th.

The IRS continues to encourage taxpayers to file their returns electronically and choose direct deposit for faster receipt of refunds.

IMPORTANT INFORMATION FOR TAX FILING

January 20, 2017 / Wiley Harrison / Comments Off

The IRS and state governments are combating identity theft and tax fraud this tax year. Beginning this filing season all tax payers are required to have identity verification. Please include with your tax documents a copy of your state driver’s license or other state ID. If you’re married, both individuals must meet the requirement.

Sincerely,

BYB

How Divorce or Separation Effects your Taxes

August 26, 2016 / Wiley Harrison / Comments Off

If divorcing or recently divorced, there’s much to consider:

Name Changes
Spousal IRA
Child Support
Alimony (Paid and Received)

Through changes in circumstances, be prepared to pull out your check book and negotiate with your former spouse. There are many more challenges to finalizing the divorce.

For more information click here!

Moving Expenses can be Deductible

August 19, 2016 / Wiley Harrison / Comments Off

If you are moving due to Job relocation, you can deduct moving expenses.

In order to deduct moving expenses, your move must meet three requirements:

The move must closely relate to the start of work
Your move must meet the distance test
You must meet the time test

After meeting these requirements, the #IRS has plenty of tips to show you what expenses are deductible.

For more information click here. Be sure to update your address with the IRS and Post Office.

Summer Interns visit The BYB

July 28, 2016 / Wiley Harrison / Comments Off

Town of Greenburgh Attorney, Tim Lewis, annually visits The BYB with Summer Interns.

These students are from local colleges and high schools looking to prepare themselves for the next step.

The Summer Interns asked Wiley various questions as he answers to the best of his ability.

The video touches base on interpersonal skills, career paths, and much more.

Watch the video to hear what Wiley has to say…

Dont forget to share the knowledge!

1099-Misc

May 24, 2016 / Wiley Harrison / Comments Off

Miscellaneous Income should be reported. Payments for services performed for your trade or business is reflected on form 1099-Misc.

If the following four conditions are met, you must generally report a payment as nonemployee compensation.

1. You made the payment to someone who is not your employee;
2. You made the payment for services in the course of your trade or business (including government agencies and nonprofit organizations);
3. You made the payment to an individual, partnership, estate, or in some cases, a corporation; and
4. You made payments to the payee of at least $600 during the year.

For more information, click the link below to read more!

Reporting Payments to Independent Contractors

Phone Scams! The IRS Does NOT Call!

May 23, 2016 / Wiley Harrison / Comments Off

A few of our clients have fallen victim to fraudulent phone calls received by scammers impersonating to be Tax Agents.

These callers are calling in attempt to steal your money. They will call with variations of IRS issues and even show up on the caller ID as the IRS. They will either claim that you’re due for a huge refund or you owe the IRS money. They threaten that legal actions are in place and demand immediate payment.

Don’t be fooled! If you receive a phone call, do NOT give out any information and hang up immediately. The IRS does not call, certified mail is the most common form of communication.

For more info, read what the IRS has to say below.

IRS: Phone Scams