December 14, 2016
After much discussion and political deal-making, on October 14, 2016 Governor Chris Christie officially signed legislation implementing a new tax package to raise money for the Transportation Trust Fund to help repair New Jersey’s roads, bridges and various other infrastructure. Although the increase in gas tax is what caught the attention of most people, this was not the only change potentially affecting you and your wallet. Read more →
November 28, 2016
As the end of the year approaches, it is a good time to think of tax planning moves that will help lower your tax bill for this year and possibly the next. We have compiled a checklist of additional actions based on current tax rules that may help you save tax dollars if you act before year-end. Not all actions will apply in your particular situation, but you (or a family member) will likely benefit from many of them. Read more →
If you have not implemented these business tax planning strategies yet, it is not too late to consider them prior to December 31, 2016. Meet with your tax professional to go over these items, and reduce your risk of an audit. Read more →
The Cape May County Chamber of Commerce will hold the next Monthly Business Meeting on Thursday, June 16 in the Sunset Lounge at the Cape May Lewes Ferry and recognize ten members who celebrate 25 years of membership and four members for 50 years of membership. Read more →
For tax years beginning on or after January 1, 2016, corporations must make all payments electronically to the State of New Jersey. This means that the 2016 estimated tax payments (for corporation calendar years beginning 1/1/2016) are now required to be paid electronically.
November 6, 2015 | Thomas Aromando
The math is harsh: The maximum federal penalty for having no health insurance is set to jump to $695. That means the 2016 sign-up season starting Nov. 1st could see penalties become a bigger focus to motivate millions of people who have remained eligible for coverage, but uninsured.
JANUARY 13, 2013 | Jane Porter
FEBRUARY 19, 2014 | Thomas Aromando
The Internal Revenue Service (IRS) continues to warn taxpayers to guard against sophisticated and aggressive phone scams targeting taxpayers, as reported incidents of this crime continue to rise nationwide. Each year, millions of individuals have their identities stolen, and these phone scams are yet another opportunity for potential identity theft to occur.
MARCH 4, 2015 | Louis Bongiovani
Here are 5 profit enhancing techniques that will help you grow your business. These proven strategies, when implemented properly, are sure to help increase profits.