There were two Supreme Court rulings that have greatly affected the federal and state taxation of same sex marriages. On August 29, 2013 the Supreme Court struck down certain provisions of the Defense of Marriage Act (DOMA) and ruled in United States v. Windsor that the federal government must recognize same sex couples who are […]

In 1993, the average retirement age was 57. Today, it's 62. Americans are living longer, working longer and retiring later. Unfortunately, some of us haven’t saved much. “The average working household has virtually no retirement savings,” says the National Institute on Retirement Security. You might need Social Security to stay afloat in old age. That […]

Many laws were passed in 2015 which impact you and your business in 2016 and beyond. Many of the trade legislation tax changes include law changes that seemingly have nothing to do with trade. Listed below are four major pieces of legislation that could impact you beginning in 2016. Trade Facilitation and Trade Enforcement Act […]

In considering your search for an audit firm in NJ there are many factors to consider such as size, types of industries, specialized industries and more. And any firm should have continued investment in its people and should be in the forefront of technological advancement. What are your needs for an audit and why do […]

Identity theft is a crime. Twenty years ago, the facts about identity theft were hardly a concern for individuals or businesses. Today, the internet has made access to information almost instantaneous. With increased data, and increased access to that data, this provides easy fodder for thieves. Some facts about identity theft Identity theft is broadly […]

From your bank, to trendy restaurants, and even Major League Baseball parks, everybody has a handy smartphone loaded with apps that provide useful information and services. The latest statistics show that 51 percent of people in the United States are banking online, so it’s no surprise that the world of personal finance has spawned its […]

Think you’re ready to hop off the hamster wheel? It’s getting harder to do. In 2014, just 4 percent of Americans expect to retire before age 55, compared with 15 percent in 1995, a Gallup poll says. Check your preparedness by seeing if you have the following: A monthly income stream to cover living expenses […]

The Affordable Care Act (ACA) became law in 2010. The following Affordable Care Act summary discusses some of changes made in the law that will affect you in your business in 2016. Generally, the ACA requires employers who meet its Applicable Large Employer (ALE) criteria to provide certain employees with health insurance or else face […]

Tax planning is ultimately about proper wealth management. Given the complexity of federal and state income tax law, along with its ever-changing nature, you are faced with a seemingly insurmountable task of staying on top of it all. The following tax planning checklist for 2016 is your guide for ensuring you meet all deadlines as […]