Help Make a Difference this Holiday Season

If you’re stopping by the office, please consider adding to the collections the NJCPA is making to help fill the coffers of the Community FoodBank of New Jersey. Since 2010, the NJCPA has donated more than 20,000 pounds of food items to the FoodBank.  This year our society hopes to top the 2,700 pounds of food and $38,100 of online donations from last year.  We are collecting through November 18.

Subscribe to our Accounting, Tax and Business Insights Newsletter

Email Address:
Name(Required)
Privacy(Required)
This field is for validation purposes and should be left unchanged.
Advanced Child Tax Credit

Advanced Child Tax Credit

On March 11, 2021, President Joe Biden signed a substantial relief bill, the American Rescue Plan Act (ARPA) of 2021. This expands the Child Tax Credit (CTC) for the 2021 tax year by increasing the credit amounts for many taxpayers.  While this bill is good news for...

read more
Tax Facts: the 2020 Edition

Tax Facts: the 2020 Edition

Happy 2021! Here are some key items relating to the 2020 tax year filing: Standard deduction is as follows: Single $12,400 Married filing joint $24,800 Head of household $18,650 Medical expense deduction threshold is 7.5% of adjusted gross income. SALT Deduction...

read more
Welcome Announcement 2021

Welcome Announcement 2021

It gives us great pleasure to announce the promotion of Clay Himstedt from Principal to Partner on 1/1/21. Clay joined our firm in 2014 and his specializes in family businesses, healthcare services, Labor Unions and Multi-Employer Benefit Plans. We are happy to...

read more