Northfield NJ CPA – Tax, Accounting & Consulting Services (609) 641-4000 | info@capaldireynolds.com
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
While New Jersey eliminated the estate tax in 2018, the inheritance tax is still alive and well. The New Jersey inheritance tax is a tax on inheritances left to non-lineal, Class C and Class D beneficiaries[1]. If you are a New Jersey resident and you plan on leaving...
When you think of the state of New Jersey and taxes, you usually expect them to be on the higher side relative to other states. When it comes to the “death tax” or estate taxes, New Jersey has surprisingly become more favorable over time. Many of our clients have...
As we all may be aware, the 2017 Tax Cuts and Jobs Act (TCJA) benefited businesses by providing 100% bonus depreciation on certain qualified assets. As this provision started phasing out at the end of 2022, businesses should already be thinking about how this will...
Investors expect volatility in the stock market. It’s something that investors accept when they decide to invest in stocks, with the hopes of achieving greater returns than with other investments. With bonds, it’s a different story. This part of a portfolio is...
Have you ever wanted to research a nonprofit organization to “see where the money goes?” Have you ever questioned whether you can receive a tax deduction for a contribution to a nonprofit organization or the tax exempt status of a nonprofit organization? The following...
Many local taxpayers own homes and other property in the areas impacted by Hurricane Ian. In the wake of Hurricane Ian, the states of Florida, South Carolina, and North Carolina have been declared federal disaster areas. Individuals who have property that was...