Articles

HOME IMPROVEMENTS BY CONTRACTORS & NEW JERSEY CONSUMER FRAUD ACT

Many homeowners and home improvement contractors themselves are not aware of the various requirements which contractors must comply with when conducting home improvements.  Your house is probably your most valuable asset and unfortunately, there are a number of unscrupulous home improvement contractors who seek to take advantage of uninformed homeowners. According to the New Jersey Read More…

INFLATION REDUCTION ACT: COSTS & BENEFITS FOR REAL ESTATE & CONSTRUCTION

The Inflation Reduction Act’s (IRA’s) expansion of key energy efficiency tax incentives – such as the 179D energy efficient commercial buildings deduction and the 45L new energy efficient home credit – is anticipated to have a significant impact on real estate and construction industry. The legislation could provide a significant financial boost for firms looking to utilize environmentally conscious Read More…

STATE & LOCAL INCOME TAX ISSUES TO CONSIDER BEFORE MAKING YOUR NEXT TAX PAYMENT

State and local taxes represent a key and often material part of a business’s total tax liability. Many states are reporting budget surpluses, reducing tax rates and offering new credits and incentives, but states are also looking to expand taxation of the digital and internet economy. With the calendar year 2022 tax reporting and filing season Read More…

PLANNING TO DEDUCT FOR LOSSES THIS TAX SEASON? BE SURE TO READ THE FINE PRINT.

Deducting losses is a high-priority item for taxpayers in the highest marginal income tax bracket. The topic will be especially relevant during the 2022 tax compliance season because of recent declines in the stock market and a challenging overall business environment. With that said, you shouldn’t assume that every business operating loss or capital loss Read More…

TODAY’S PROFESSIONAL SERVICES INDUSTRY PRIORITIZES ITS PROFESSIONALS

Recent years have seen a surplus of headlines forecasting and preparing for a post-2020 work environment. In 2022, companies are still facing COVID-19 concerns, and the reality is that professional services firms face new and continued challenges that include navigating the tax implications of various work arrangements and attracting and retaining talent amid shifting labor Read More…

HOW TO GET STUFF DONE

Businesses face disruption on multiple fronts, and they are struggling to get things done. Company leaders must contend with and the challenges of managing a remote workforce, as well as supply chain disruptions, demand shifts, resource constraints and more, all while devising critical plans for the road ahead. Combined with uncertainty about how long the Read More…

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