Often lost in the excitement of large-scale tax change is how they can negatively impact some individual situations.   Let’s Talk Tax Reform Check out the questions below to see if you might be in…

New Jersey has always ranked as having some of the highest real estate taxes in the country. For a long time, many taxpayers could deduct all of those taxes on their federal tax return until…

Should you open a Health Savings Account (HSA)? Not surprisingly, the answer depends on many factors. For instance, if you’re in good health and can afford a high-deductible insurance policy, HSAs may offer significant advantages….

Are you thinking of renovating a building you own in an historic part of town? Before you start knocking down walls, find out if the building qualifies as an historic structure. It could result in…

There’s a new student loan repayment program that forgives some student loan debt if other payments are made. This new debt forgiveness is creating a tax surprise for the unsuspecting student. Here is what you…

Time does fly, so start thinking about your taxes now. Being proactive and making the right decisions now can help set you up for more success in 2019. There are some end-of-the year financial tasks…

If you use a vehicle for business driving, you have a tax choice: deduct your actual expenses or use an IRS-approved standard mileage rate. Frequently, the actual expense method will provide a bigger deduction, but…

If not tracked and managed properly, capital gains tax can come as a large surprise at tax-filing time. In fact, many taxpayers don’t realize they have a capital gain until they get their 1099 form…