Associate Partner Julie Strohlein, CPA walks taxpayers through the process of updating Form W-4, especially in wake of the Tax Cuts & Jobs Act of 2017.   What is Form W-4? The form is used…

A little-known law passed back in 2016 named the Combat-Injured Veterans Tax Fairness Act will now result in over 200 million dollars in refunds for over 133,000 individual Armed Service Veterans wounded in combat since…

As the final details of the state budget trickled out in recent weeks, it was revealed that the State of New Jersey will again be offering a tax amnesty program for taxpayers who owe back…

While giving gifts to charity is usually a reward on its own, donors could often also expect to get a tax deduction. Because of recent tax law changes, that may not be the case this…

Are you sending your kids to summer camp while you and your spouse work? Not only will your kids enjoy it, you will also when you see the potential tax break. If certain requirements are…

Associate Partner Julie Strohlein, CPA explains the newly signed New Jersey Health Insurance Market Preservation Act. One of the provisions of the Affordable Care Act (ACA) requires an individual to maintain qualifying health care coverage…

New tax laws lowered the medical deduction threshold for 2018 to 7.5 percent of adjusted gross income (AGI) from 10 percent. But that’s still a pretty high bar to clear. Fortunately if you scour your…

If you own or are considering purchasing a home, you can take advantage of many tax benefits. Here are six of the most commonly used homeowner tax breaks: Mortgage interest deduction. You can deduct the…