Jan 15, 2025 | Business, Community, Quickbooks
Many small businesses are taxed as S corporations because of tax benefits, such as the ability to avoid corporate tax on certain business earnings. Unlike C corporations, S corporations generally do not pay federal income taxes at the corporate level. Alternatively,...
Jan 15, 2025 | Healthcare
Medical practices often face complex decisions regarding income and expense distribution among physicians. These decisions not only impact financial sustainability but also influence workplace dynamics and overall morale. This article delves into the essential...
Jan 15, 2025 | Capaldi Reynolds & Pelosi
Our Firm again collected gifts for the Atlantic County Toys for Kids for the holidays. Thanks to the efforts of our volunteer extraordinaire, Maureen Wild, we outdid ourselves this year. Atlantic County Toys for Kids is run by a retired Atlantic County Sergeant. With...
Jan 15, 2025 | Retirement
If you’ve inherited an Individual Retirement Account (IRA), understanding the rules surrounding withdrawals is essential. The SECURE Act and SECURE Act 2.0 have introduced changes that impact how and when beneficiaries must withdraw funds. Whether you’re...
