Tax Amnesty Program Coming to New Jersey
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…
Read More...Alloy Silverstein’s articles and insights are updated weekly. Stay tuned for the latest tips and news on managing your business, the latest tax law, preventing fraud, preparing your taxes, and more.
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…
Read More...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…
Read More...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…
Read More...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…
Read More...New graduates and their parents often learn the hard way that early financial choices have the potential to drastically curtail or even wreck future plans and dreams. 5 Financial Habits for Recent Graduates: To get…
Read More...Associate Partner Julie Strohlein, CPA explains the newly signed New Jersey Health Insurance Market Preservation Act. One of the provisions of the Affordable Care Act (ACA) requires an individual to maintain qualifying health care coverage…
Read More...New tax laws lowered the medical deduction threshold for 2018 to 7.5 percent of adjusted gross income (AGI) from 10 percent. But that’s still a pretty high bar to clear. Fortunately if you scour your…
Read More...If you own or are considering purchasing a home, you can take advantage of many tax benefits. Here are six of the most commonly used homeowner tax breaks: Mortgage interest deduction. You can deduct the…
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