Northfield NJ CPA – Tax, Accounting & Consulting Services (609) 641-4000  | 

Don’t Forget! Report Due Soon for Healthcare Providers

Aug 30, 2022 | Healthcare

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

Nondeductible Employee Parking Expenses

Nondeductible Employee Parking Expenses

Employee parking expenses – how much can your business deduct?   The Tax Cuts and Jobs Act (TCJA) resulted in many tax law changes. One of them was the new rule for determining the deductible portion of employee parking expenses. Under the new Section 274(a)(4),...

read more
Ask Your Accountant August 2019

Ask Your Accountant August 2019

I inherited my mother’s IRA and I’m required to begin taking required minimum distributions (RMDs) this year.  Can I have the withdrawals transferred to a charity and not report them as income? Taxpayers are allowed to donate up to $100,000 ($200,000 for a couple) of...

read more
IRA Rollover to make HSA Contribution

IRA Rollover to make HSA Contribution

Health Savings Accounts (HSAs) are one of the best retirement and investment tools for various reasons.  A HSA is a savings account set up for the sole purpose of paying the qualified medical expenses of the account’s beneficiary or the beneficiary’s dependents or...

read more

Celebrating Anniversaries

In recent months, we at Capaldi Reynolds & Pelosi, P.A., welcomed new staff, Brian Dziobak, Chris Hill, Janice Swank, Craig Mortensen, Joanna Muller and Patrice Girard to our team.  We pride ourselves on providing an enriching, balanced work-life for our staff to...

read more