Northfield NJ CPA – Tax, Accounting & Consulting Services (609) 641-4000 |
Thanks to a new law, the working papers process will be online and streamlined. Rather than going through local schools, younger workers will simply visit this site and be walked through a few easy steps.
MORE INFORMATION FOR YOUNG WORKERS: https://nj.gov/labor/youngworkers
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...
Come this July, I will have spent fifty years in the accounting profession with Capaldi Reynolds & Pelosi. Since my retirement in September of 2018, I have been serving as an advisor to the Firm. As we approach that time of year (tax filing season) when many...
Truly a relief in 2020, the federal government allocated $175 billion in payments to be distributed to providers of healthcare services and support through the Provider Relief Fund (PRF). Providers even received the Relief Fund Payments from Phase 1, the $30 Billion...
This year taxpayers may get an Economic Recovery Credit when they file their returns. Will you? There have been two rounds of stimulus checks sent to taxpayers. Those were based on tax returns filed for either 2018 or 2019, the last return filed by the taxpayer...
The IRS analyzed the legislation authorizing Payroll Protection Program loan forgiveness and, while it found that the forgiven debt was not income, it also found that the expenses paid with the loan funds were also not deductible. It took legislation at the end of...
An installment sale can be a prudent tax strategy for someone who is selling property or an asset. In an installment sale, the seller receives at least one payment after the tax year in which the sale happened. Rather than receiving the total contract price for the...