Oct 23 What’s Up With Student Loans?
The government paused student loan repayments during the COVID-19 crisis — but it has declared that over and wants repayments to start....
Oct 23 Your Jack-O’-Lantern Is Taxable
Decorative and carving pumpkins and other decorative gourds whether sold in NY at supermarkets, farm stands, nurseries, or other businesses, are not sold as food, and constitute tangible personal property subject to sales tax under section 1105(a) of the Tax Law....
Oct 05 KRS CPAs Named Among 2023 NJBIZ Best Places to Work
For the 12th year, we have received the NJBIZ Best Places to Work in New Jersey Award for companies with 15-49 employees. The program had an unprecedented number of companies complete the process this year, so we are even more thrilled to have won again....
Oct 05 QCDs: Tax-Free Gifts to Charity
IRA owners who are aged 70-1/2 and older can transfer up to $100,000 tax-free to one or more charities each year through QCDs. This provides a way for eligible older Americans to donate to charity before the end of the year....
Oct 05 The Problems with Incomplete and Disorganized Records
An unorganized and inefficient payroll process is a recipe for eventual disaster. If you rely on paper processes, both manual data entries and a massive number of spreadsheets can yield more errors than most people realize....
Sep 07 A New Look at SECURE Act 2.0 Issues
The SECURE Act 2.0 has a new provision that speaks to the nature of auto-enrollment for new 401(k) plans. All eligible hires will be required to enroll at a pretax rate of 3% at the minimum. Furthermore, the mandatory enrollment will come with an auto-escalation...
Sep 07 Monster Bear Market Rallies May Be False Dawns
After a first burst of excitement, keen buyers may reconsider what happens in a rally. Have external conditions changed enough to warrant such a powerful move? Meanwhile, investment fund psychology reinforces the surge....
Aug 24 How Do You Claim the Mortgage Interest Tax Deduction?
During the earlier days of your mortgage, more of your payment will go toward interest and less will go toward paying down your loan's balance.The good news is that you can deduct from your taxes the interest you pay on the first $750,000 of mortgage...
Aug 24 Deciding When To Take Social Security Benefits
How does the Social Security system work, and how do you decide what's right for you? Irrespective of your age, exploring ssa.gov will enable you to understand your options and make the optimal decision....
Aug 24 If You Build It, Employees Will Come
Who are you, as a company? The overall company brand defines the quintessential qualities of the organization, at large, that is directed to both the general public and all stakeholders, including customers, clients, strategic partners, investors and/or regulators....