2022 is about to come to a close, and many may think that also means the end of the Employee Retention Credit (ERC). However, while the credit may have sunset, past years’ returns can be…

Tax season is right around the corner which means it is time to start thinking about getting your finances in order. There are many components to keep track of throughout the year that can easily…

In addition to obtaining a license and real estate, one more hurdle faced by cannabis business owners is complying with Section 280E of the Internal Revenue Code. Update as of May 2023: New Jersey has…

Now is a good time to assess your current situation and address those lingering tax moves that may improve your tax picture for 2022. Here are five things to consider: 1. Check on your withholdings….

Inflation continues to impact the cost of living, and the IRS and SSA are taking notice. The following updates have been announced over the past week and may impact your 2023 tax planning and finances….

UPDATE: President Joe Biden’s federal student loan debt relief program has been temporarily blocked by a federal appeals court on Friday, October 21, 2022. You can still apply for forgiveness, but the program is currently…

The New Jersey Division of Taxation has announced a new state Child Tax Credit for households earning under $80,000. Refundable tax credits of up to $500 per child will be available when filing the 2022…

On October 6, 2022, Alloy Silverstein Accountants and Advisors hosted a virtual panel discussion with some of the top industry leaders and advisors of cannabis in New Jersey, featuring special guest Commissioner Krista Nash of…