Five Tips for Finding an Accountant in South Jersey

Five Tips for Finding an Accountant in South JerseyIf you are anything like me, choosing an accountant in South Jersey is very personal thing. It’s right up there with finding a hair stylist, dentist and doctor. They all “know more ...

Merger and Joint Venture....What's the Difference?

Merger and Joint Venture....What's the Difference? One of the many services we offer is helping your company with mergers and joint ventures. However, many business owners are not 100 percent certain as to what the difference is between more ...

Ten Tax Tips for Individuals Selling Their Home

If you’re selling your main home this summer or sometime this year, the IRS has some helpful tips for you. Even if you make a profit from the sale of more ...

Tax Breaks for Going Back to School

With school either already started or about to start, what a lot of people don't consider amidst this busy time of year are the tax breaks available to parents and more ...

Cheryl Nicholson and Eugene Taormina earn advanced degrees

Cheryl Nicholson and Eugene Taormina earn advanced degrees Great news for our current and soon-to-be clients. Two of our team members have earned master’s degrees in taxation and financial planning from Widener University: Cheryl L. Nicholson, MS, CPA, co-director; more ...

January, 2013

Financial Aid for the College Bound Student

By Eugene G. Taormina, MS, CPA For years I have been helping my clients with college financial aid applications. Now for the first time, it is my turn ... more...

The Worst Passwords You Can Use (and more)

Social Security Announces 1.7-Percent Benefits Increase for 2013 Monthly Social Security and Supplemental Security Income benefits for nearly 62 million Americans will increase 1.7 percent in 2013. The ... more...

10 Questions to Ask Before Hiring an Accountant

When it is time to look for an accountant, you want one who not only can help you save money and avoid potential trouble with the IRS, but ... more...

The Lighter Side of Accounting

Did you know 10 out of 9 accountants can’t count. You might be an Accountant if… You deduct Exlax as a “Moving Expense.” You wear a tie while ... more...

Unusual Tax Deductions

PRIVATE PLANE?  Whether you can justify a private plane and treat the cost as a business expense depends on your circumstances, how much you use it, and more. ... more...

Tax Relief for Property Damage and Casualty Losses after Sandy

Hopefully, most property owners who sustained damage from Hurricane Sandy were covered by insurance. Insurance does not always cover the entire scope of the loss, especially when there ... more...

Types of expenses peculiar to athletes

The following is a list of types of expenses peculiar to athletes: • Conditioning Expenses. An athlete is permitted to deduct expenses incurred in year-round physical conditioning, unless ... more...

Important for Small Business Owners: Payroll Taxes for 2013

Please be advised of the following tax information effective January 1, 2013: Social Security: Wage Base – $113,700. Employee Maximum Contribution – $7,049.40 Employer Maximum Contribution – $7,049.40 ... more...