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Is rental income taxable to lessor in Lower Merion Township?

Is rental income taxable to lessor in Lower Merion Township? Stephano Slack LLC following recent local tax ruling. Local governments have always been searching for ways to raise tax revenue ever since they were empowered to do so by the Commonwealth in 1965 with the...
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Craft Breweries can be eligible for certain tax credits.

While craft brewing and research & development don’t instantly correlate, they are in fact as interrelated as any other research intensive industry.  As a result, many breweries are unaware that a majority of their innovations and improvements are eligible for the...
Limited Time Available to Resolve Unpaid Tax Liabilities with New Jersey

The Home Office Deduction

The Home Office Deduction                                                                                                       I get many questions from self employed individuals especially small business professionals.  The question that keeps recurring is; “Can I...
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It’s a perfect time to come down to earth!

The summer is over and there are personal financial matters to address. –          Do you owe estimated taxes for 9-15? Plan accordingly. –          Did you ever rebalance your 401-k or IRA accounts? Call your investment adviser. –          Are you...
Limited Time Available to Resolve Unpaid Tax Liabilities with New Jersey

Intern Insight 8.22.14

      Hello everyone! This is going to be my last blog post as it is the end of my internship here at Stephano Slack. This past week was a busy one and I was assigned different tasks to be completed. One example is that a client had asked to see its...
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Intern Insight 8.15.14

Hello everyone. I am sad to say this will be my last blog of the summer, as I am returning to school next week. First and foremost I just want to thank the partners and managers for giving me the opportunity this summer to work for and learn from them. I have learned...
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Journal: Kevin Giambri’s Transition

Hello all, My name is Kevin Giambri. I was an intern here at Stephano Slack for a little over a year, recently a new hire and a proud junior staff accountant for this company. But I’ll be the first person to tell you the switch was not as easy as advertised. The...
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Intern Insight 8.8.14

 Hello everyone. This past week has been a busy and eventful one for myself. One of our clients recently changed from the cash basis method of accounting to the accrual method of accounting, so their trial balances were altered and now incorrect in our ProSystem fx...
Limited Time Available to Resolve Unpaid Tax Liabilities with New Jersey

Intern Insight 8.1.14

Welcome back everyone! It has been close to two weeks since my last blog and a lot has happened since then. First of all I would like to welcome Nick Ciocca, a senior accountant here at Stephano Slack, welcome to the firm! I can see first-hand of the firm’s commitment...
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