This May, Capaldi Reynolds & Pelosi designated Fridays as Dress Down Day For A Cause. Each employee would have the privilege of wearing jeans for the fee of $5 per week. Proceeds collected for the month would be donated to a charity of our choice. The first charity that will receive our monthly collections is Gilda’s Club of South Jersey. Through the participation and generosity of our staff, we were able to raise $685. We are looking forward to continuing this new tradition as the charity that we will raise funds for in June will be CASA or Court Appointed Special Advocates of New Jersey. Participants also receive a chance to choose the charity that we will collect for each time they participate. A raffle will be drawn prior to the beginning of each month to select our next charity. Feel free to join us in our monthly giving by dropping off a check next time you are in.
Shareholders Running Afoul of the IRS
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,...