Jun 23, 2025 | Business Health, Education, News
With luck, those words will never leave our mouths. The sad truth, though, is that crooks are getting smarter and it’s really hard to know what nefarious scheme they will come up with next. If you find yourself a victim, can you claim any kind of tax deduction for...
Jun 23, 2025 | Business, Healthcare, Tax
Certain potentially lucrative tax strategies exist under current tax law for Managed Service Organizations (MSOs). For MSOs structured as a flow-through entity, such as a partnership or S Corporation, noncorporate owners may be able to claim a 20% Qualified Business...
Jun 23, 2025 | Estate Planning, Retirement
If you’re a homeowner, your house is likely one of your most valuable assets—both financially and emotionally. However, if you require long-term care, such as a nursing home stay, and rely on Medicaid to cover the costs, New Jersey may place a lien on your home...
Jun 23, 2025 | Capaldi Reynolds & Pelosi
Volunteering We recently volunteered at South Jersey Field of Dreams and had an amazing evening. We buddied up with special needs individuals for two innings of baseball. New Hires In recent months, we at Capaldi Reynolds & Pelosi, P.A., welcomed new staff! These...
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,...