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Retirement Basics: Understanding Tax Efficiency

August 17, 2022 by dmcjoe

piggy bank

One of the basics when considering how to fund your retirement is to be as tax-efficient with your income as possible.

Filed Under: Blog Tagged With: 401K, 403(b), Accountant, Accountants in New Jersey, Accounting Finance Consultant, accounting help, accounting services, business accounting systems, IRA, NJ Accounting Firm, NJ Financial Planning, retirement advice, Retirement Plan, retirement planning, Roth IRA, Social Security, Tax Efficiency, Tax preparation Services NJ, taxable income, Top Accounting Firms in NJ

Cut Taxes with Lifetime Giving

August 10, 2022 by dmcjoe

retired aged couple

If you want certain individuals to receive property from your estate, there may be advantages to making those gifts while you are still alive.

Filed Under: Blog Tagged With: Accountant, Accountants in New Jersey, Accounting Finance Consultant, accounting help, accounting services, Annual Gift, business accounting systems, Gifts, lifetime giving, NJ Accounting Firm, NJ Financial Planning, Tax Accountant in NJ, tax deducations, tax deduction help, tax deductions, tax help, tax planning, Tax preparation Services NJ, tax tips

Income the IRS Can’t Touch

August 3, 2022 by dmcjoe

Uncle Sam and Piggy Bank

Wouldn’t it be nice to have a source of nontaxable income? Listed here are several income items that the IRS does not tax.

Filed Under: Blog Tagged With: 401K, Accountants in New Jersey, Accounting Finance Consultant, accounting help, accounting services, business accounting systems, Car Pool Revenue, Child Support, Health Spending Accounts, Home Sale Gains, HSA, irs, NJ Financial Planning, Nontaxable Income, Pre-Tax Dollars, Roth IRA, tax help, Tax preparation Services NJ, tax tips, Tax-Free Interest, Top Accounting Firms in NJ

Enjoy Tax Benefits If You Own a Vacation Home

July 27, 2022 by dmcjoe

home blocks

Are you planning to use your vacation home soon? If you’re not going to use it, have you considered renting it?

Filed Under: Blog Tagged With: Accountants in New Jersey, Accounting Finance Consultant, accounting services, business accounting systems, Tax Benefits, tax help, tax planning, tax rules, tax tips, Top Accounting Firms in NJ, Vacation Home, Vacation Homes, Vacation Rentals

Investing basics: Picking the Right Stocks

July 20, 2022 by dmcjoe

stock market bull

With volatile activity in the stock market in recent years, the old stock selection rules are not always applicable. Read more on stocks here!

Filed Under: Blog Tagged With: Accountant, Accountants in New Jersey, accounting help, accounting services, business accounting systems, financial advice, financial advisor, financial planning, Investing, investing advice, Investors, Stock Market, Stock Selection, Stock Value, Stocks, Top Accounting Firms in NJ

Proposed Tax Legislation

July 13, 2022 by dmcjoe

capitol building and money

The following is an overview of several recent tax proposals discussed or introduced in Congress over the past several weeks.

Filed Under: Blog Tagged With: Accountant, Accountants in New Jersey, Accounting Finance Consultant, accounting help, accounting services, business accounting systems, Congress, legislation, tax help, Tax Laws, tax legislation, tax planning, tax Preparation New Jersey, Tax preparation Services NJ, tax proposals, tax services, tax tips, Top Accounting Firms in NJ

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