In May 2014, the Financial Accounting Standards Board (FASB) issued a standard addressing revenue recognition which provided guidance on revenue from contracts to provide goods or services to customers.  The new standard provides potential changes…

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…

A family business separates itself from other establishments through the passionate workers and unbreakable bond between employees; however, what I’ve learned working in a family business run by my own family is that it can…

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…

New Jersey employers: Have you received your annual assessment notice this year? Each year the New Jersey Department of Labor distributes assessment notices to New Jersey Employers to supplement fund programs that are not covered…

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…