This tax season Capaldi, Reynolds and Pelosi continued its longstanding support of The Community Food Bank of New Jersey, Southern Branch with a unique fundraiser. Each employee was given a chance in a drawing for Paid Time Off (PTO). Employees were also able to purchase additional chances, and their keen interest in both the Food Bank and PTO paid off with a donation of $1,255 to fight hunger in our community. The raffle was a way for the Firm to recognize the efforts put in by our staff and for us all to give back to our community.
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,...
