This tax season Capaldi, Reynolds and Pelosi continued its longstanding support of The Community Food Bank of New Jersey, Southern Branch with a unique fundraiser. Each employee was given a chance in a drawing for Paid Time Off (PTO). Employees were also able to purchase additional chances, and their keen interest in both the Food Bank and PTO paid off with a donation of $1,255 to fight hunger in our community. The raffle was a way for the Firm to recognize the efforts put in by our staff and for us all to give back to our community.
SUMMER TRAVEL? ARE BUSINESS TRAVEL EXPENSES A TAX DEDUCTION?
I know you won’t be surprised if the answer to that question is “Maybe”. It depends on your employment status and the nature of the trip itself. Employee business expenses are no longer an itemized tax deduction. Therefore, travel expenses for a W-2 employee cannot...
