Labor Unions & Multi-Employer Benefit Plans
Our professionals have been providing audit and accounting services to Organized Labor Union and related Multi-employer benefit plans for more than 30 years. We understand the unique reporting requirements that they face.
As these reporting requirements become increasingly complex, our clients rely on us to provide accurate and timely financial information, enabling business managers to operate the union in an effective and efficient manner. We design our audits and financial statements to ensure that these organizations remain in compliance with all governing agencies including Internal Revenue Service, U.S. Department of Labor, ERISA as well as any internal Labor Union reporting.
Industry Insights
New Jersey $15 Minimum Wage on the Horizon – How Will it Impact You and Your Business?
Late last month, Governor Phil Murphy passed legislation calling for the gradual increase of the state’s minimum wage from $8.85 per hour as of January 1, 2019, to $15.00 per hour by January 1, 2024. The first jump in hourly minimums is set to take effect this July,...
Capaldi Reynolds & Pelosi Partners and Employees Go Red for Women
For ten years, Capaldi Reynolds & Pelosi partners and employees have been “Going Red for Women” and the American Heart Association (AHA) to help bring awareness to women and heart disease. According to the AHA, cardiovascular disease (CVD) and stroke are the No. 1...
Stress Relief: The Capaldi Reynolds & Pelosi soccer team!
This tax season the members of the Capaldi, Reynolds & Pelosi family got together to solve a problem. How could a group of accountants, fresh off a long and grueling three months, come together to blow off some steam and have a good time? The solution is probably...
Social Security and Taxes
After contributing through payroll and self-employment taxes for decades of work, many Social Security beneficiaries are astonished when they learn that their benefits may be subject to federal and sometimes state income taxes. When benefits were first paid in 1940,...
Business Health Checkup: How advertising can help your business
Advertising is communicating with customers in an attempt to influence their buying behavior by conveying a persuasive message about your products or services. Although we may not recognize it, businesses around the world use every media outlet possible to advertise...
Tips for Employers
New Tips for Employers in New Jersey Federal Tax Credits The Work Opportunity Tax Credit allows employers that hire members of targeted groups who face employment barriers to claim a credit against income tax for a percentage of first-year wages. In a recent News...