Blog & News

There are a variety of different taxes that are imposed by the United States government that must be paid by those who are employed. This can often become overwhelming to understand, which is why it can be beneficial to retain the services of an experienced certified public accountant and consultant for guidance in understanding these […]

We are thrilled to announce that Governor Murphy has signed the pass-through entity bill! On Jan. 13, Governor Murphy signed the Pass-Through Business Alternative Income Tax Act into law. This act allows pass-through businesses to pay income taxes at the entity level instead of the personal level. This helps business owners mitigate the negative impact […]

In order to make money from investing, it requires a great deal of discipline, hard work, and determination. Many people who are making an investment for the first time are unsure of where to start. Before making an investment, it is important to educate yourself so that you are sure you are making the right […]

November 20, 2019 As part of a larger effort to ensure fairness in the tax system, the IRS is taking steps to conduct special compliance efforts for individual and business taxpayers in various communities. The goal of these visits is to help resolve tax compliance issues by meeting face-to-face with taxpayers with ongoing tax issues. […]

Unfortunately, debt has become far too common for many people. A recent analysis of the latest Federal Reserve data showed that total U.S. consumer debt is on its way to exceeding $4 trillion this year. It showed that Americans collectively owe more than 26 percent of their monthly income on consumer debt. This can include […]

When loved ones need a little financial assistance, we often reach out a hand to help them. This may involve loaning them some money. Mixing “business with pleasure” can often prove to be tricky and put stress on relationships. It is because of this that it is important to do so the right way. When […]

With the new season arriving, it can be a good time for business owners to take a step back and review the statuses of their workers. This allows them to avoid any misclassification issues. By correctly classifying workers, businesses can preserve tax breaks and avoid significant penalties.  Why Does it Matter? While many business owners […]

Managing a business is a very difficult venture to do successfully. It requires a great deal of patience and attention to detail. Sometimes, certain details can often slip through the cracks when dealing with so many things at once. This can often be the case when handling money. There are many businesses that find themselves […]

New Jersey has enacted a new statute which greatly increases the employer’s risk for misclassification, as well as other violations of New Jersey’s Wage Hour laws. On August 6, 2019, acting Governor Sheila Oliver signed sweeping legislation drastically increasing the penalties for employers who fail to pay wages due under New Jersey law. This Act, […]

Running a small business is not easy. It takes a great deal of time and effort to be successful. This can make it difficult to find extra time to take care of your company books. While it can be tough and complicated, it is crucial to keep these in order. The following are 7 tips […]