The Department of Labor (DOL) issued changes that substantially increase the minimum salary requirement for certain exemptions under the Fair Labor Standards Act (FLSA). The final rule is scheduled [...]
To listen to the podcast version of memo click here —> Podcast Version I published a comprehensive book on running your Sugar Baby or OnlyFans Business and how to handle [...]
To listen to the podcast version of memo click here —> Podcast Version The short explanation of this technique is that instead of selling property from person S to person [...]
Click the video below to listen to this informative interview with Chris Whalen, CPA & David Crossan, CFP Topics: Trump's First Tax Season Is Over. How Did He Do? NJ [...]
If you collect or are subject to NY State Sales Tax, please take a moment to review this important pdf memorandum from NYS. Click here to open the pdf [...]
To listen to the podcast version of memo click here —> Podcast Version Since Trump was elected, there has definitely been an uptick in the number of meetings I have [...]
To listen to the podcast version of memo click here —> Podcast Version First, a message to anyone looking to sell or buy a home. ALWAYS engage a quality Realtor. [...]
To listen to the podcast version of memo click here —> Podcast Version First, a message to anyone looking to sell or buy a home. ALWAYS engage a quality Realtor. [...]
You will need information to verify your identity to access your refund status on these websites. Federal Refund Status: If you need to check the status of your refund, you [...]
To listen to the podcast version of memo click here —> Podcast Version Many of you already know that I've been heavily involved in the short-term rentals sales tax issue [...]
To listen to the podcast version of memo click here ---> Podcast Version No, this isn't marriage counseling! This memo relates to the status that you selected on your [...]
Click the video below to listen to this informative interview with Chris Whalen, CPA & David Crossan, CFP Topics: Is your refund lower? Don't believe your taxes have increased! SALT [...]
To listen to the podcast version of memo click here ---> Podcast Version Already have questions? Call me on (732) 673-0510. Many taxpayers are going to find that their [...]
Already have questions? Call me on (732) 673-0510. Q. What is an Opportunity Zone? A. An Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may [...]
To listen to the podcast version of memo click here ---> Podcast Version Already have questions? Call me on (732) 673-0510. I prepared this memo because I've been getting [...]
To listen to the podcast version of memo click here ---> Podcast Version Already have questions? Call me on (732) 673-0510. First, there are business coaches and consultants spreading [...]
Do you dream of being an entrepreneur or know someone who does? Or do you want to be a better one? Do you sell what is perceived to be [...]
To listen to the podcast version of this memo, click here https://youtu.be/_b9zF8iDuAk To read my detailed memo on crypto first, click here https://tinyurl.com/y7slxsx7 Already have questions? Call me on (732) 673-0510 [...]
Click the video below to listen to the discussion between Chris Whalen, CPA and David Crossan, CFP where they discuss. The Student Loan Crisis 20% Deduction - Qualified Business Income [...]
The Tax Cuts and Jobs Act, enacted in December 2017, affects nearly every business and individual in 2018 and the years ahead. As a small business or self-employed taxpayer, you [...]
NJ has sent Amnesty Letters to 750,000 businesses and individuals, who they think might qualify. NOTE: Amnesty Full Details and Criteria Below These letters will have an Amnesty ID [...]
To listen to the podcast version of this memo click here --> Podcast Version This memo is for anyone that has investments in the stock market, either in their retirement [...]
If you have seriously delinquent tax debt, IRC § 7345 authorizes the IRS to certify that debt to the State Department for action. The State Department generally will not [...]
This law is repealed BUT - THIS WILL NOT BE RETROACTIVE TO 10/1/2018. Important Notice to Sellers and Purchasers of Transient Accommodations Amendments to the Sales and Use Tax [...]
To listen to the podcast version of this memo click here –> Podcast Version Of course the CPA you choose is the most significant professional choice you can make. ;-) [...]
Trump's Tax Plan includes a Qualified Business Income (QBI) Deduction. This deduction gives up to a 20% deduction on certain business income and uses sometimes complicated formulas. This deduction [...]
Listen to this informative interview where Chris Whalen, CPA discusses: Cryptocurrency NJ Refunds Delayed Checking The Adequacy of Your Payroll Deductions Unreimbursed Expenses Get my memos in your inbox [...]
NOTE: If viewing this memo on a phone or tablet, use landscape mode. I was featured in an article for ROI-NJ on Crypto (Virtual) Currencies and Income Taxes. Page [...]
Purposefully not reporting or misreporting your Crypto related income is Tax Evasion at a minimum, and Tax Fraud at worst. I follow many crypto podcasts, forums and newsletters and [...]
In response to a court order, Coinbase is reporting information on some of its users. If you have crypto transactions you haven't properly accounted for over the past several [...]