October 24, 2023
The Taxability of Prizes
When you win a prize, there are really two winners: you and the taxing authorities. Should you be fortunate enough to win that trip of a lifetime to the French Riviera in your new yacht,…
Read More...October 24, 2023
When you win a prize, there are really two winners: you and the taxing authorities. Should you be fortunate enough to win that trip of a lifetime to the French Riviera in your new yacht,…
Read More...October 23, 2023
The Social Security Administration announced a 3.2% boost to monthly Social Security and Supplemental Security Income (SSI) benefits for 2024, a big drop from last year’s increase of 8.7%. The increase is based on the…
Read More...October 05, 2023
Just last month another tax due date has come and gone — the September 15th deadline for third quarter estimated tax payments. To stay out of the ire of the IRS, self-employed contractors and some…
Read More...September 25, 2023
Property Tax Relief for New Jersey Homeowners and Renters In 2022, the state of New Jersey aimed to provide relief to residents by replacing the Homestead Benefit program with the Affordable New Jersey Communities for…
Read More...September 01, 2023
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…
Read More...September 01, 2023
Suppose you retire to a new state with warm weather and lower taxes. If you keep a part-time home in your original state or you later decide to return, you could have a tax problem….
Read More...September 01, 2023
From rent to revenue reporting and recordkeeping, the business and financial side of managing a rental property has many nuances to it. So, whether you are considering purchasing an investment property or transforming your home…
Read More...September 01, 2023
Are you ready? Federal student loan interest has resumed as of September 1, 2023, and payments will be due starting in October. Congress recently passed a law preventing any further extensions of COVID-19 emergency relief…
Read More...