Northfield NJ CPA – Tax, Accounting & Consulting Services (609) 641-4000 |
Reminder to all of the healthcare providers that received more than $10k from the Provider Relief Fund (PRF) during the Payment Received Period January 1, 2021 – June 30, 2021 you must log in and report to the Provider Relief Fund Reporting Portal prior to September 30, 2022.
Submitted by Terri L. Marakos CPA, CHBC
We are currently in an extremely generous estate and gift tax environment. The federal estate tax applies to transfers at death. The gift tax applies to transfers made while a person is living. There is also a generation-skipping transfer tax which is an additional...
It is easy to identify negativity, but we wanted to focus on what we can do and what we have accomplished during the pandemic. Perhaps we should and could appreciate some of the positive effects of the pandemic. To do this, we conducted a survey of our staff to see...
As the COVID-19 outbreak continues, many employers are continuing to encourage or require their employees to work from home (i.e., telework). Such remote working arrangements could potentially have tax implications that should be considered. State tax obligations for...
If you’ve seen “Hamilton” you know that our nation’s first central bank was his brainchild, created in 1791 over the objections of many of our founding fathers who thought the concept unconstitutional. That first bank had a twenty year charter that wasn’t renewed. Our...
When it comes to tax policies, Donald Trump and Joe Biden have two vastly different strategies. Donald Trump and the Republicans would like to preserve the Tax Cuts and Jobs Act (TCJA), which lowered tax rates for most income levels and doubled the standard deduction....
October 2020 has arrived, and with it not only are there signs of seasons changing, but also continued change in the pandemic funding landscape. It is certainly not time to go into hibernation, or you might miss some of the more recent funding opportunities or the...