Northfield NJ CPA – Tax, Accounting & Consulting Services (609) 641-4000  |  info@capaldireynolds.com

ONLINE PAYMENTS
TAX PORTAL
Like-kind Exchanges – IRC Section 1031

Like-kind Exchanges – IRC Section 1031

Nov 9, 2022 | Tax

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”...
Client Spotlight: DeSatnick Real Estate

Client Spotlight: DeSatnick Real Estate

Nov 9, 2022 | Client Spotlight

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...
Tax-Loss Harvesting – Don’t Miss the Opportunity

Tax-Loss Harvesting – Don’t Miss the Opportunity

Nov 9, 2022 | Investing

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....
Is Relief for Student Loan Debt in Your Future?

Is Relief for Student Loan Debt in Your Future?

Aug 30, 2022 | Education, News

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...
Big, Big News from the IRS on August 24

Big, Big News from the IRS on August 24

Aug 30, 2022 | News, Tax

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...