Governor Christie to Keep Reciprocal Income Tax Agreement with Pennsylvania. On November 22, 2016 Governor Chris­tie announced that he will keep the long-standing agreement between New Jersey and Pennsylvania after all. Due to budget constraints,…

Have you been thinking about launching your own business but are unsure how it will affect your taxes? Roughly 800,000 new businesses open each year, according to Bureau of Labor Statistics data. When these young…

The rules for making charitable donations from your business are similar to those governing personal donations. For example, you can donate cash or property, your total deduction may be limited, you may need to get…

For nonprofits with a December 31 year-end, annual returns are due in mid-May (for 2017, the date is Monday, May 15, to be exact). It’s crucial to know that if you miss this due date…

Planning for emergencies is something no one likes to think about but is one of those things everyone needs to do. In a perfect world unplanned situations would never occur. Cars wouldn’t break down. Roofs…

Knowing your filing status is important because it plays a crucial role in determining whether you need to file a return, the amount of your standard deduction, and the income breakpoints for tax brackets. Possessing…

Launching a small company can be exhilarating, like entering an extreme sports competition with huge risks and prodigious rewards. But keeping a business profitable year after year may not always generate such exuberance, especially if…

With the tax deadline of April 18 rapidly approaching, tax season is currently in full force. That being said, the IRS has issued an alert regarding the most common tax scams that you should be…