Standard Deduction or Itemizing: Why Long Island Homeowners Should Run the Numbers Again
With the 2026 SALT cap at $40,400, many Long Island homeowners may come out ahead itemizing. Here is how to compare it with the standard deduction.
Federal, New York State, and local returns prepared by a tax professional with more than 25 years of experience.

Gregg provides comprehensive, personalized tax preparation for individuals and families. Whether your return is straightforward or involves several income sources, investments, property, or a business, he prepares it accurately, files it on time, and looks for every opportunity to keep more of what you earn.
Tax season runs all year in this practice. From planning to preparation, Gregg is available to answer questions as they come up, so a home sale, a new job, or a change in the family gets the right attention at the right time.
Late filings and back taxes are welcome. If one return or several years of returns are still outstanding, Gregg will help you bring everything current and set up the most manageable way to pay.
Options include payment plans with the IRS and New York State that spread a balance over time. For taxpayers who qualify, an Offer in Compromise may reduce the amount owed. Gregg will review your situation and explain which route the numbers support.
With the 2026 SALT cap at $40,400, many Long Island homeowners may come out ahead itemizing. Here is how to compare it with the standard deduction.
How to bring unfiled tax returns current: how far back to go, how penalties work, rebuilding records from IRS transcripts, and filing voluntarily.
A tax season checklist: personal details, income forms, property tax and deduction records, business records, and what to review before filing.
A free initial consultation is the easiest way to see how Gregg can help. Call, email, or send a message and he will be in touch.