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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...
What the April 23, 2026 Final Order Means for Cannabis Rescheduling
On April 23, 2026, the Department of Justice (DOJ) and Drug Enforcement Administration (DEA) issued its long-anticipated Final Order, which took effect upon publication in the Federal Register on April 28, 2026. The Final Order partially reschedules certain...
Using a 529 Plan to Fund Education
A 529 Plan, also known as a Qualified Tuition Program (QTP), is a common way to save for education because of its tax advantages. Before the passage of the One Big Beautiful Bill Act in 2025, 529 funds were primarily designed for college-related costs. The 2025...
New Security Protocol: How to Sign and Print Documents with Adobe E-Signature
To ensure the highest level of security for your sensitive financial information, Capaldi Reynolds & Pelosi, P.A. is using Adobe Acrobat Sign with Knowledge-Based Authentication (KBA) for your electronic signatures. KBA is a secure, IRS-compliant method used to...
Client Spotlight: The Atlantic Pops Community Band
The Atlantic Pops was originally formed as the Atlantic County Symphonic Band in 1997 under the direction of retired Mainland Band Director K. Michael Skwarlo. The group was formed to provide an outlet as well as camaraderie for area musicians of all ages. In 1999,...
The Great Wealth Shift: What It Means for Families Today
Over the next 10 to 20 years, one of the largest financial transfers in history will quietly unfold. Trillions of dollars are expected to pass from baby boomers to their heirs. For many families, this will be the first time significant wealth changes hands. While...
Celebrating Success, Together
Celebrating Success, Together This tax season was one for the books — and it’s all thanks to our incredible clients and dedicated team. From navigating complex filings to finding every opportunity for savings, we worked side-by-side to make sure you could file with...
Client Alert: New Jersey Employers: Assume Your Workers Are Employees Until You Can Prove Otherwise
New Jersey Independent Contractor Misclassification | ABC Test New Jersey | Employee vs Independent Contractor New Jersey has confirmed, once again, that misclassifying employees and independent contractors will result in significant issues for employers. You should...
Mandatory Roth Catch-Up Contributions Begin in 2026
For nearly a quarter century, employers have been able to offer their retirement savings plan participants age 50 and older a valuable opportunity — the chance to make additional catch-up contributions to their plan.1 Thanks to the SECURE 2.0 Act passed in 2022, that...