What the future holds for Social Security and should you
expect to receive benefits when you retire?
By JOSEPH A. MASTRIANI, Summer, 2019
Joe Mastriani’s article explores the current financial condition and challenges the Social Security Trust Fund faces and if steps need to be taken to bolster retirement savings.
CEO Challenges for 2019
By CYNTHIA MERRITT, Spring 2019
As we enter into a new year, we face a new era of challenges with no clear resolutions. 2019 presents a combination of hurdles never before faced by businesses.
Ruling on interstate online sales tax levels playing field
By LOUIS J. LEMASTER, August 13, 2018
If you sell wares online, you may have seen the U.S. Supreme Court’s decision to change course when it comes to the collection of sales tax by remote companies selling on the internet.
Fraud examinations can stem the rate of forensic probes
By DAVID MARAKOVITS, July 9, 2018
“Forensic accounting is the use of accounting skills to investigate fraud or embezzlement and to analyze financial information for the use in legal proceedings.” That’s a definition found with a web search. So, that clears it up, right? Probably not.
Lehigh Valley tax accountant on new tax law: It's going to be a very busy spring
By TIM DARRAGH, Contact Reporter Of The Morning Call, January 10, 2018
Now that President Donald Trump and the Republican Congress have gotten their tax-reform dream to come true, an army of tax experts and accountants are beginning the process of understanding how it will work in real life.
Behavioral economics: Why ‘now’ trumps retirement saving
By JOSEPH A. MASTRIANI, January 8, 2017
There is nothing quite like being awarded the Nobel Prize in economics for attracting media attention. Richard Thaler, professor of economics at the University of Chicago, recently was awarded by the Royal Swedish Academy of Sciences for his pioneering work in the field of behavioral economics.
Three sources for buyers of your business – but start early
By BRUCE A. PALMER, November 13, 2017
Several business platitudes come to mind for owners of closely held businesses that do not consider succession planning a priority, including “begin with the end in mind” and “failure to plan is a plan to fail.
An owners’ agreement on buy-sell will do everyone well
By CYNTHIA MERRITT, October 23, 2017
There are many issues to discuss in a family-owned business, but the one most often overlooked is the drafting of a buy-sell agreement.
When leaves fall is your call to tax plan for capital gains
By STANLEY J. BUSHNER, October 16, 2017
As year-end approaches, investors should review their capital gains to see what, if any, options they have to reduce their tax exposure for 2017.
Trust-based traps: Why it’s vital to set aside these funds
By LOUIS J. LEMASTER, August 14, 2017
Primarily focused on operating their business and providing their family with the financial support and benefits to thrive, business owners can forget or overlook important tax and employment laws. Here are three areas you need to ensure that your accounting system is prepared to handle for you.
Using Single-Member LLCs to Own Real Estate
By JACK S. LISICKY, Summer 2017
Single-member LLCs (SMLLCs) are LLCs with only one member (owner). Thanks to the taxpayer-friendly “check-the-box” entity classification regulations, SMLLCs have become a popular entity choice for various business and investment activities.
Integrity, examination, education are keys to curb fraud
By DAVID MARAKOVITS, July 10, 2017
If you’re an owner or manager, likely you have at least a mild curiosity about fraud and how it may have a direct effect on your business or organization.
IRS TAX PENALTY REMOVAL: Ask and You Could Receive
By JOSEPH A. MASTRIANI, April 5, 2017
With the tax filing season upon us, many small business owners take responsibility for the timely filing and payment of their business and personal tax obligations.
NETWORKING OPPORTUNITIES FOR PROFESSIONAL ADVISORS
By BRUCE A. PALMER, January 18, 2017
Professional advisors such as accountants, lawyers, insurance agents, bankers, trust officers, financial planners, investment advisors, etc. depend on each other when working with mutual clients as well as creating new business opportunities for each other.
THE CANDIDATES ON TAXES Trump plan restores growth, boosts deficit; Clinton's slows economy, trims deficit
By JOSEPH A. MASTRIANI, October 17, 2016
Never in the history of presidential campaigns has there been such a contrast of candidates' positions and styles as there is in this year's race pitting Hillary Clinton against Donald Trump.
Maximizing Depreciation Deductions For Business Real Estate
By JACK S. LISICKY, October 5, 2016
When buying business real estate, for your personal occupancy or rental to others-you should take steps that maximize the income tax depreciation deductions that you can claim for the property. Here are a few suggestions.
Find the financial statement that fits your business' needs.
By EVELYN A. WILLIAMS, October 12, 2015
“The company needs an audit.”
This statement often is heard from small-business owners when asked to provide financial statements. An audit, though, is not always what is required.
Bipartisan Budget Act of 2018
February 19, 2018
Withholding on Non-Employee Compensation and Business Income
February 5, 2018
New Tax Bill Signed into Law by the President
December 27, 2017
Veterans Exemptions on NJ Personal Tax Returns
December 13, 2017
December 5, 2017
Revised Tax Reform Information
November 17, 2017
Scammers aim at small businesses using QuickBooks®
January 26, 2017
2017 Mileage Rates Released - Agency Regulation
December 19, 2016
2017 PA Tax Amnesty Program
December 8, 2016
Federal Court Grants Preliminary Injunction Halting DOL's New Fair Labor Standards Act
November 28, 2016
Proposed Regulations Affect Valuation Discounts in Family Transfers
November 21, 2016
Tax Changes Made in NJ - Does it Affect You?
November 11, 2016
Final Ruling on Department of Labor’s OT Regulations
May 26, 2016
Fraud Tips Every Business Leader Should Know
January 27, 2016
Size Does Matter! Ask Us Why
October 8, 2015
Avoid Possible ERISA Litigation
April 8, 2015
Choosing the Wrong Auditor Could Cost You BIG $$$
January 23, 2015