What is market-based sourcing? This is the concept of attributing revenue to the location where the customer receives the benefit. Let’s talk about this from the perspective of a service provider, like an attorney.  In…

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…

Offering a retirement plan can be a powerful tool when you’re competing to attract the best employees. Thanks to laws enacted in recent years, setting up and running a new retirement plan or adding new…

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….