If most of your money is tied up in your business, retirement can be a challenge. So if you haven’t already set up a tax-advantaged retirement plan, consider doing so this year. There’s still [...]
As we approach the end of the year, it’s a good idea to review your business’s expenses for deductibility. At the same time, consider whether your business would benefit from accelerating certain [...]
Tax identity theft may seem like a problem only for individual taxpayers. But, according to the IRS, increasingly businesses are also becoming victims. And identity thieves have become more [...]
As the end of the year approaches, it is a good time to think of planning moves that will help lower your tax bill for this year and possibly the next. For businesses, the corporate tax rate is [...]
The following is a summary of important tax developments that have occurred in July, August, and September that may affect you, your family, your investments, and your livelihood. Please call us [...]
The New Jersey Paid Sick Leave Act was signed earlier this year by Governor Phil Murphy and will go into effect on October 29th. Once effective, it will require New Jersey employers of all sizes [...]
On December 22, President Trump signed into law the “Tax Cuts and Jobs Act” , a sweeping tax reform law that will entirely change the tax landscape. This article below by Thomson Reuters [...]
While we’re still in the speculation stage as to what the final tax reform bill will look like, the various proposals put forth by President Trump and the House indicate that tax relief for [...]
Taxpayers who use their home for business may be able to deduct expenses for the business use of it. Here are six tips to keep in mind about the home office deduction: Continue reading. [...]
Recently, the Trump administration announced a one-page tax plan that, if enacted, could have major ramifications for the U.S. economy. At this point it’s not certain if this plan will [...]