Blog Posts

Safeguarding EINs to Prevent Identity Theft

See what the IRS is warning small businesses about... https://www.irs.gov/newsroom/irs-urges-small-businesses-protect-it-systems-from-identity-theft

May 9, 2018

New Jersey Income Tax Exemption for Veterans

New for 2017 You are eligible for a $3,000 exemption on your Income Tax return if you are a military veteran who was honorably discharged or released under honorable circumstances from active duty in the Armed Forces of

February 27, 2018

UPDATE – PA 1099 Withholding Requirements

Pennsylvania DOR delays the new 1099-MISC withholding requirements The Pennsylvania Department of Revenue has recognized that additional time will be needed for businesses and the department to be in compliance with the new withholding provisions of Act 43

February 27, 2018

Bipartisan Budget Act (Extenders)

The Bipartisan Budget Act of 2018, signed February 9th, 2018 Retroactively Extended the Following Provisions (except as noted) through December 31st, 2017. Sec. 40201. Extension of exclusion from gross income of discharge of qualified principal residence indebtedness. Sec. 40202.

February 27, 2018

Say Yes to Address – PA non-filed return notice

If you have not seen this notice yet, you will. PA has a glitch in their system which is generating CNI filing delinquency for pass-through entities for 2016. As pass through entities are no long required to file the

January 17, 2018