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https://www.forbes.com/sites/kellyphillipserb/2020/05/27/dont-mistake-your-stimulus-debit-card-for-junk-mail/#7179d5d02379

https://www.nj.com/coronavirus/2020/04/when-will-i-get-unemployment-what-if-i-cant-get-through-nj-labor-chief-answers-all-your-questions.html

https://www.marketwatch.com/amp/story/guid/FD5A2A96-6D06-11EA-A687-9E83803F6B96  

Re:   Dear   Three weeks ago I was looking for new ways to grow my business – looking at new sites, looking at different franchise opportunities and looking at ways to assist and benefit our key employees.  Sales were holding up.  Profit margins were adjusting to the minimum wage increases we faced.  Overall business […]

Re:   Dear   Three weeks ago I was looking for new ways to grow my business – looking at new sites, looking at different franchise opportunities and looking at ways to assist and benefit our key employees.  Sales were holding up.  Profit margins were adjusting to the minimum wage increases we faced.  Overall business […]

Dear Valued Client,     With everything going on with COVID-19 every business is going to be impacted.  In some industries, the impact will be temporary and some the impact will be longer term.   We are therefore recommending some actions that should be considered.   Landlords – Let your landlords share in your pain […]

Despite its name, the Tax Cuts and Jobs Act (TCJA) didn’t cut all types of taxes. It left several taxes unchanged, including the 3.8% tax on net investment income (NII) of high-income taxpayers. You’re potentially liable for the NII tax if your modified adjusted gross income (MAGI) exceeds $200,000 ($250,000 for joint filers and qualifying […]

When teachers are setting up their classrooms for the new school year, it’s common for them to pay for a portion of their classroom supplies out of pocket. A special tax break allows these educators to deduct some of their expenses. This educator expense deduction is especially important now due to some changes under the […]

When the TCJA was passed, the big estate planning news was that the federal gift and estate tax exclusion doubled from $5 million to an inflation-indexed $10 million. It was further indexed for inflation to $11.18 million for 2018 and now $11.4 million for 2019. Somewhat lost in the clamor, however, was (and is) the […]

Many taxpayers learned some tough lessons upon completing their 2018 tax returns regarding the changes brought forth by the Tax Cuts and Jobs Act (TCJA). If you were one of them, or even if you weren’t, now’s a good time to check your bracket to avoid any unpleasant surprises next April. Under the TCJA, the […]