Understand the rules now to avoid a tax surprise later There is large tax break that allows you to exclude up to $250,000 ($500,000 married) in capital gains on the sale of your personal residence….

Review these common causes of filing delays. Double-check this list of items that often cause delays with both filing your tax return and getting your much anticipated refund. Missing W-2 or 1099. Using last year’s…

Over the decades that I have been doing taxes, I have received client tax documents in just about every way imaginable. Long ago, everything was on paper. Many people still prefer working with physical paper documents. …

Answer: The best filing status for you depends upon which status you can qualify for and your particular circumstances. Tax savings are only one consideration when selecting your filing status. For example, you might not…

Another tax filing season is here! Want to make sure tax season goes smoothly without a hitch? From staying organized, to focusing on security, and being prompt, Alloy Silverstein’s South Jersey CPAs offer tips to…

The Internal Revenue Service announced on December 14, 2023 an increase in the standard mileage rates for 2024.   2024 Mileage Rates The new standard mileage rate for business travel will be 67¢ per mile….

Do you live in Pennsylvania but work in New Jersey? If so, this is a video for you. Here in South Jersey, it is common for clients to work in a different state from where…

Tax Planning Triggers: When to know to conduct a tax review Here are some tips that should trigger you to conduct a full tax planning session to ensure your tax bill next year is not…