Archives

The state-wide sales tax holiday is approaching from August 26 to September 4, 2023. This limited time offers a chance…

Grace LeeAugust 10, 2023

TurboTax filers may soon be receiving settlement checks. While our clients rely on our firm to prepare their income tax…

What you need to know about the NJ ANCHOR Program The NJ ANCHOR (Affordable NJ Communities for Homeowners & Renters)…

Justin HughesJanuary 31, 2023

The New Jersey Division of Taxation recently referenced their position on how to treat certain loans, grants, and cancellation of…

Justin HughesNovember 1, 2022

Certain Residents of Florida, North Carolina and South Carolina Receive Extra Time for IRS Penalty Abatement The IRS issued Notice…

Justin HughesOctober 21, 2022

In an unexpected announcement on August 24, 2022 (Notice 2022-36), the Internal Revenue Service (IRS) issued broad penalty relief as…

The Generation-Skipping Transfer (GST) tax, in conjunction with the Gift and Estate Tax, is an additional tax imposed on transfers…

Taxes aren't just a once-and-done thing. There are plenty of steps, beyond the last-minute rush to file every April, that…

Generally speaking, each individual taxpayer is allocated a dollar amount to give away during his or her lifetime and bequeath…

Brian GeisslerFebruary 2, 2022

With a new year comes new IRS mileage guidance. Recently released IRS Notice 2022-03 outlines the mileage rates effective 1/1/2022:…

Tim TorresDecember 21, 2021

Individual Tax