Northfield NJ CPA – Tax, Accounting & Consulting Services (609) 641-4000 | info@capaldireynolds.com
This holiday season, we extend our warmest wishes to you and your loved ones. May the spirit of joy, peace, and goodwill fill your homes and hearts. Whether you celebrate Christmas, Hanukkah, Kwanzaa, or another festive occasion, we hope this time brings you moments of happiness, reflection, and connection.
As we reflect on the year gone by, we look forward to continuing our relationships in the coming year. May it be filled with new opportunities, shared successes, and mutual growth.
You may have heard about the ride-share mega-giant, Uber Technologies Inc., and its subsidiary, Rasier LLC, submitting a payment of $100 million to the New Jersey Department of Labor and Workforce Development’s (NJDOL’s) Unemployment Trust Fund after an audit...
A 1031 exchange, named after section 1031 of the U.S. Internal Revenue Code, is a way to postpone capital gains tax on the sale of a business or investment property by using the proceeds to buy a similar property. It is also sometimes referred to as a “like-kind”...
Todd deSatnick began investing in real estate in 1996 when he purchased his first home in West Cape May. After working with his family’s business, deSatnick’s Window Fashions, for a decade, Todd ventured into a full-time career in real estate in 2003. In November of...
This time of year many people start thinking about year-end tax planning. An integral part of tax planning involves the potential for tax-loss harvesting in your taxable portfolio. What we are going to discuss below can only be done in taxable accounts (i.e....
President Joe Biden said August 24 that his administration plans to forgive up to $10,000 in federal student loan debt for anyone who makes less than $125,000 a year. People who went to college on Pell grants, which are reserved for undergraduates with the most...
In an effort to free up resources to address a huge backlog of returns to process and other pending issues, the IRS announced major relief for most taxpayers with certain failure to file penalties and International Information return penalties for tax returns for the...