Shareholders Running Afoul of the IRS

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,...
Tilton Market: Where Everybody Knows Your Name

Tilton Market: Where Everybody Knows Your Name

It’s not in Boston nor a bar, but in Northfield, NJ, there is one establishment where many of its customers frequent it regularly and everybody who works there knows their names. It’s that super friendly atmosphere and its high-quality foods that have become the...
Spotlight: Milton & Betty Katz JCC

Spotlight: Milton & Betty Katz JCC

For more than 110 years the Jewish Community Center has been a focal point of the Atlantic County community. We have been a place where families come together, Jewish culture thrives, children are cared for and their futures shaped.  The Atlantic County community has...
Domicile vs. Residency: An Important Distinction

Domicile vs. Residency: An Important Distinction

I look around my neighborhood in the summertime and I see an awful lot of cars with Florida license plates.  These are folks who have been my neighbors for years, and who are still my neighbors; they’re just “wintering” a little longer than they used to.  No need to...
Stress Relief: The Capaldi Reynolds & Pelosi soccer team!

Stress Relief: The Capaldi Reynolds & Pelosi soccer team!

This tax season the members of the Capaldi, Reynolds & Pelosi family got together to solve a problem. How could a group of accountants, fresh off a long and grueling three months, come together to blow off some steam and have a good time? The solution is probably...