We have all been inundated by ads from Employee Retention Credit (ERC) mills that claim virtually all businesses are eligible for the employee retention credit.  The truth, however, is that there are very specific circumstances…

Upcoming Tax Deadlines September 15, 2023 • Third quarter individual estimated tax payments for 2023 are due. • Filing deadline for extended 2022 S-corporation and partnership returns. October 16, 2023 • Filing deadline for extended…

As summer comes to a close, fall is a great time to start looking at ways to cut your business’s 2023 tax bill. Consider these ideas; Review employee benefits. Benefit programs are often one of…

On July 3, 2023, New Jersey Governor Phil Murphy signed into law Assembly Bill 5323 which enacted significant changes to the state’s Corporate Business Tax Act (CBT) and Gross Income Tax Act (GIT). Following are…

The IRS continually reminds taxpayers to be vigilant about not sharing their personal information with potential scammers.  Here is a list of the top scams for 2023 reminding taxpayers that the scams can continue even…

As inflation continues to sweep the country causing prices to rise, one cost that is about to drop is the City of Philadelphia’s Business Income and Receipts Tax (BIRT). Effective July 1, 2023, the net…

While modern technology has enabled a rise in self-employed business owners, the pandemic’s impact on e-commerce growth has led to an all-time high of online micro-businesses and sellers. Everything from selling on Amazon and Etsy,…

Halftime in sports is a time to pause, regroup, and consider how the team can improve.  Likewise, a middle of the year review of your payroll and HR processes can be equally beneficial. As an…