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 [...]
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 [...]
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This law is repealed BUT - THIS WILL NOT BE RETROACTIVE TO 10/1/2018.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. ;-) [...]
Under tax reform, starting in 2018, each of your qualifying children may qualify for a Child Tax Credit of up to $2,000. That is double what it was in [...]
Topics: Case Study - Family of 4, Two Parents, Two Children, 100K of wages, renters wondering if buying a home is worth it. SALT Deduction Limitations, Mortgage Interest, Home Equity [...]
All of us should have a REAL PERSON to contact in the significant areas of our lives shown below. If you have NO contact, or only a customer service [...]
FACTS: Family of 4, Two Parents, Two Children, 100K of wages. In 2017 they were renters. This case study will analyze and compare the same financial facts based on the [...]
FACTS: Family of 4, Two Parents, Two Children, 230K of wages, homeowners with itemized deductions. Are you concerned about how the new law will impact your family's or business’ [...]
Hello and Happy New Year! Tax Season is here again! Tax Preparation Checklist OVERVIEW I prepared this checklist to assist you in gathering your end-of-year income tax information. [...]
NOTE: If viewing this memo using a phone or tablet, use landscape mode. New Jersey: $8.60 an hour New York State: New York’s minimum wage rate depends on the geographic location [...]
The House-Senate conference committee has issued their final version of the Trump Tax Plan. I expect this to become law when it finally comes to a vote before Christmas. [...]
RED BANK NJ — I am warning taxpayers of a new email scam targeting Hotmail users that is being used to steal personal and financial information. The phishing email [...]
Many employees pay for business related expenses that their employer does NOT reimburse. These are called Unreimbursed Business Expenses and they are taken as a deduction on Schedule A, [...]
Listen to this informative interview with Chris Whalen, CPA where he discusses: Trump’s Tax Plan Will Pass! What Steps To Take BEFORE January To Minimize Your 2017 Taxes Click [...]
Starting January 1, 2018, the Sales and Use Tax rate will decrease from 6.875% to 6.625%. Please prepare to update your records accordingly. The new tax rates will be: Atlantic [...]
Trump's Tax Plan May Eliminate Your State Tax Deduction Be sure to make your 2017 4th State Estimated Payments BEFORE December 31, so you can deduct them on your [...]
To my female entrepreneur clients and colleagues, I discovered a female-only networking group that is worth checking out. Click on this link to learn more NJ MAMApreneur Networking [...]
(In the Black) Friday is coming! To all my procrastinator clients out there, who have been waiting to get their year-to-date information together, this Friday is not a shopping [...]
If you were a former client of MVP Financial or Scott Newsholme, I urge you to contact my office immediately. I have had a stream of their former clientele [...]
Reconstructing records after a disaster may be essential for tax purposes, getting federal assistance or insurance reimbursement. After a disaster, taxpayers might need certain records to prove their loss. [...]