February 04, 2022
Diverse tax reporting makes this year a challenge. The time to organize your tax records is now. Informational tax information is hitting your regular and digital mailboxes from now until late March. To make matters…
Read More...January 27, 2022
According to the IRS, all third-round stimulus checks have been sent out. If you were eligible but did not receive all of the money you were supposed to, you may need to claim the Recovery…
Read More...January 21, 2022
As of January 2022, several new laws have been passed in the state of New Jersey that could impact the tax planning for your business or non-profit. Revised NJ Business Alternative Income Tax Act (BAIT)…
Read More...January 05, 2022
Letter 6419 – Advance Child Tax Credit Payments Recipients of the 2021 advanced Child Tax Credit (CTC) monthly payments should be on the look out for a new letter being sent out by the IRS….
Read More...December 30, 2021
Here’s a quick review of some of the tax changes you’ll see from 2021 to 2022 as a result of inflation adjustments and new tax laws. Tax Provision 2021 2022 +/- Business equipment Sec….
Read More...December 17, 2021
Taxpayers should mark their calendars and consult with their CPA and advisors on the following deadlines. Upcoming Tax Deadlines January 3, 2022 • Extended deadline for those impacted by Hurricane Ida in designated disaster areas….
Read More...November 22, 2021
With the increased popularity of working-at-home, you may consider moving to one of the nine states that don’t impose an individual income tax. Before doing so, you should understand how each of these states raises…
Read More...November 09, 2021
The IRS is coping with a backlog of historical proportions and it is impacting millions of taxpayers. According to IRS sources, as of July 31, there are still over 13 million tax returns that are…
Read More...
