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New Jersey Millionaires Tax Ill Conceived.

June 24, 2019 by

Unfortunately, I don’t make a million dollars a year in income.  Yet, strangely enough I’m offended by our Governor’s proposal to tax earnings above one million dollars.  Why do I care?  For a Governor who repeatedly talks about tax fairness this proposal strikes me to be anything but fair. I feel it is disingenuous to […]

Filed Under: New Jersey Candidates & Committees, Small Business, Tax, Tax Tips, Uncategorized

Take these steps now to avoid a tax surprise in 2019

June 27, 2018 by Darla Mercado

If you want to head off a tax bill from Uncle Sam next spring, right now is the best time to prepare. Mid-year tax planning is especially important in 2018, experts say, as accountants and their clients grapple with a volley of changes from the Tax Cuts and Jobs Act. Updates under the new law […]

Filed Under: Tax Tips Tagged With: accounting, deductions, tax, Tax Tips

Tax planning: Now that 2017 return is filed, consider these tips for the rest of the year

May 9, 2018 by Russ Wiles, The Republic

Another tax-return filing season is basically in the bag, and the last thing you want to think about any further is taxes. But it’s not too early to start planning ahead. These key tips might bear fruit down the road, especially with taxes still fresh in your mind. Read the full article here>>

Filed Under: Tax

Reducing Taxes, Bringing More Businesses to NJ and Building Affordable Housing Should Stop Millennial Movement Out of NJ, says NJCPA Survey

April 16, 2018 by The New Jersey Society of Certified Public Accountants

ROSELAND, N.J. — Reducing taxes, bringing more businesses to New Jersey and building affordable housing were cited as the main reasons to help millennials (generally categorized as those born between 1981 to 2000) stay in New Jersey, say 975 respondents in a New Jersey Society of CPAs (NJCPA) survey conducted of members in March. When […]

Filed Under: Small Business Tagged With: jobs, millennials, new jersey business, nj jobs, small business

Supporting Small Businesses via Lending

April 11, 2018 by Jim Pytell

Small businesses are the lifeblood of any healthy economy. In New Jersey specifically, small businesses make up 99.6 percent of the total businesses in the state. In total, small businesses employ approximately 1.8 million people in the state, or 50 percent of the private workforce. These businesses, defined as having fewer than 500 employees, need […]

Filed Under: Small Business Tagged With: business, business loans, business taxes, nj business, nj loans

What to Do about the New “Section 199A” Small Business Tax Deduction

March 27, 2018 by Steve Wilson

Back in December, President Donald Trump signed the Tax Cuts and Jobs Act.  Congress had included in the act a “20 percent of X” tax deduction for owners of pass-through businesses, and most small businesses owners celebrated. “This is the first broad brush deduction available only to businesses owners since the inception of the Federal […]

Filed Under: Small Business, Tax Tips Tagged With: business tips, small business, tax deductions, taxes

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