May 10 KRS Insights Breakfast: Social Security and Retirement

Did you know that taking the right Social Security benefits at the right time can make a huge difference to your living standard in retirement?

Join us on May 10 as Jarita Walker from the Social Security Administration takes us through the ins and outs of Social Security and what it all means for your retirement.

Simon Filip to Join ROI’s NJ Real Estate Outlook Panel

ROI-NJ has invited KRS Partner Simon Filip to join their panel of industry experts for this month’s Thought Leadership Series on April 25. Attendees will learn about key topics, including what factors are impacting development in the state and what changes are occurring in the market that could directly affect your business.

Learn more about the panel and where you can register in this article.

Maria Rollins to Teach Business U Course

KRS Managing Partner Maria Rollins is slated to teach a 3-day Business U course.

This comprehensive course is designed to help business owners see the big picture and gain relevant insight about important business and financial concepts. Through Business U, you will become an advocate for your own needs and be better positioned to utilize the expertise of your existing team of advisors.

KRS Partner Jerry Shanker Quoted in ROI-NJ on Succession Planning

KRS partner Jerry Shanker was interviewed about succession planning and business valuation for the March 26 ROI-NJ family-owned business article entitled "Planning Ahead.

Shanker, who leads the KRS business valuation and litigation support practice, noted that, "it's not uncommon for an acquiring business to want to review the books for several years. Those records may not speak for themselves - and, if the owner of the business is not there to answer questions, it can be more perceived risk."

Charitable Giving Under the New Tax Law

The new tax law nearly doubles the standard deduction for individuals and families, simplifying the filing process for millions of Americans, but complicating giving strategies for many who have made a habit of deducting their charitable contributions.

But there are tactics that can help the you with your tax returns while still providing charities with badly needed funds. This article discusses the two tactics you can use in your charitable giving.

IRS Releases New Form W-4 and Online Withholding Calculator

The Internal Revenue Service (IRS) has released new versions of Form W-4 and its online withholding calculator to help taxpayers check their 2018 tax withholding following passage of the Tax Cuts and Jobs Act in December 2017.

The IRS urges taxpayers to use these tools to make sure they have the right amount of tax taken out of their paychecks. This article shares links to the new W-4 and the withholding calculator.

Small Business Health Care Tax Credit Available for Tax Year 2017

New and existing small employers should look into whether the Small Business Health Care Tax Credit can help them provide insurance to their employees. The credit can be worth up to 50% of the amount a small business contributes toward employees' premiums. Find out if your business can benefit.

Join KRS as We Bowl for the Kids on March 11

Join KRS CPAs as we participate in Bowl for Kids’ Sake, hosted by Big Brothers Big Sisters of Northern NJ.

Diane Pineda and Marika Dugan Mentor Edison HS Students

Last week KRS Staff Members Diane Pineda and Marika Dugan volunteered as mentors to Edison High School students through Junior Achievement of NJ’s Finance Park.

KRS Partner Jerry Shanker Appointed NJ NADP Treasurer

KRS partner Jerry Shanker has been appointed Treasurer of the newly formed New Jersey Chapter of the National Association of Divorce Professionals (NADP). 

As a founding member of the New Jersey Chapter, Jerry is excited about helping build the chapter, collaborating with other members, and most importantly, assisting people who are going through the divorce process.

Changes to Your Paycheck Withholding? Here’s What You Need to Know Now

The IRS released a statement on withholding under the new tax law. According to a statement released by the agency, it expects to issue the new guidance sometime this month. Until that guidance is finalized, your paycheck withholding will look the same as 2017.

We're following this issue closely, along with all the others associated with the new tax law.

NJBBC Holiday Happy Hour Features Ugly Sweaters

On Thursday, NJ Building Business Connections (NJBBC) held a Holiday Happy Hour networking event with an ugly sweater theme. The event was hosted by the founders, Diane Pineda and Lance Aligo, CPA, both of KRS CPAs.

NJBBC is a group of young professionals interested in sharing ideas, leads and referral sources. IT offers YPs the opportunity to make valuable connections with others in many different industries.

Time to Send Out Those 1099s

Tax season is almost here and along with it comes the requirement for businesses to send out 1099s. While this can be a tedious task – especially if you haven’t kept good records on your independent contractors – it is necessary to avoid penalties.

If you paid $600 or more to any “non-corporate” independent contractor or to an attorney, you need to know the rules for 1099s.

In Case You Missed It…Tax Reform Legislation Insights from the Recent KRS Breakfast Event

With tax reform pushed through, KRS partners Maria Rollins, Gerald Shanker, and Simon Filip analyzed the proposed changes in both the House and Senate versions of the bill at the December KRS Insights Breakfast.

Find out what individual and corporate taxpayers need to know.

Learn Social Security Strategies for a Better Retirement at the Feb 7 KRS Insights Breakfast

Did you know that taking the right Social Security benefits at the right time can make a huge difference to your living standard in retirement?

Join us on February 7th as Jarita Walker from the Social Security Administration takes us through the ins and outs of Social Security and what they all mean for your retirement.

KRS Contributes to a Worthy Cause on #GivingTuesday

"Giving back is ingrained in the KRS culture and Giving Tuesday is the perfect time for us to contribute to help those in Puerto Rico who lost their homes and livelihoods in the recent natural disasters," said KRS CPAs managing partner Maria Rollins.

The firm donated to United for Puerto Rico, which provides assistance to individuals and small businesses devastated by Hurricanes Irma and Maria.

Watch the Video! KRS Wins NJBIA Award for Excellence

KRS is proud to be the recipient of the 2017 NJBIA Award for Excellence.

Watch the award ceremony video and learn more about the KRS flexible work program.

Will Tax Reform Put More Money in Your Pocket? Find out on Dec 7

Is there a tax break in your future? While the crystal ball is still murky as Capitol Hill continues to negotiate the tax reform bill, there are things you should know and actions you can take to ready yourself and your business.

Join us on December 7th as we highlight the anticipated changes to federal and New Jersey tax policy. Our tax experts will provide you with some timely planning tips as well as what to watch out for as we prepare for this wave of change.

KRS CPAs Featured in New NJBIA Marketing Campaign

When KRS senior staff accountant Diane Pineda learned about the NJ Business and Industry Association’s new campaign to feature association members in its marketing, she was quick to get KRS involved.

That’s why our offices were abuzz last Friday when NJBIA’s creative director Mike Sanchez and his audio/visual team stopped by for a morning-long photo and video shoot.

KRS Partner Jerry Shanker Hits the Links for Nothing Is Impossible Fundraiser

KRS partner Jerry Shanker took to the fairway with clients Alvin and Andy Dietz, and Mark Kluger, longtime colleague and partner at Kluger Healey LLC.

The occasion was the 12th Annual Golf Outing for the Nothing Is Impossible Foundation, held at the Ballyowen Golf Course, Hamburg, NJ.

Resources for Foreign Companies in the U.S.

Opening a business in the U.S. as a foreigner can be complex. The U.S. tax code alone runs to over 17,000 pages and non-U.S. companies must abide by U.S. accounting rules as well as international operating and reporting standards.

KRS Experiences Latino Foods Trends at the World of the Latino Cuisine 2017

Diane Pineda, Catalina Echeverry and Marika Dugan recently attended The World of the Latino Cuisine 2017 at the Meadowlands Exposition Center. This is an important show in the metropolitan area, as the Latino food and beverage market is reaching $18 billion and growing at a pace of 4% annually.

“It was inspiring to meet the CEOs and faces behind the different specialty food exhibitors,” commented Dugan. She noted some of the trends they saw at the show...

Meet the Team – Tomasz Kotowski

Join us in welcoming Tomasz Kotowski, the newest staff accountant on the KRS team!

Tomasz graduated with a BS degree in Accounting, from Rutgers Business School, in Newark, N.J. He is currently working toward his CPA.

What attracted him to KRS was “the company culture, being part of a great and friendly professional team with a ‘let’s grow together’ attitude that encourages professional development.”

KRS Breakfast Insights Series Resumes with Hot Topics in HR

If your growing business is experiencing HR headaches, then join us on September 28 for the next KRS Business Insights breakfast.

We know it can be stressful for you as a business owner or executive to handle all the human resources tasks that arise from recruiting, hiring and retaining the employees you need to support your growth strategy.

That’s why we’re pleased to have Randi W. Kochman, an attorney and member of Cole Schotz P.C., joining us for the September 28 KRS CPAs Insights Breakfast.

Her talk, Hot Topics in HR: Avoiding Employer Pitfalls, will cover employer documentation, hiring considerations and family/medical leave.

KRS CPAs Wins Two Awards for Excellent Work Environment and Culture

The team here at KRS is excited to have been notified that we've received not one, but two, best employer awards: 2017 Award for Excellence in the Outstanding Employer category from the N.J. Business and Industry Association (NJBIA) and the 2017 Best Accounting Firms to Work For from Accounting Today magazine. These awards are in addition to our firm being recognized by NJBIZ as one of New Jersey's Best Places to Work for seven consecutive years.

YPs Get Personal Finance Advice at KRS Breakfast

Getting married, starting a family, buying a first home, finally paying off that student loan. These life changing events and more were the subject of the July 25 KRS and NJBIA Financial Planning for Young Professionals panel discussion.

Checking out the Summer Fancy Food Show

The future of food was what the Summer Fancy Food Show was all about and KRS partners Maria Rollins and Jerry Shanker were on the scene to learn firsthand about the latest food industry trends as well as meet food purveyors and distributors.

KRS Hosts NJBIA Young Professionals Networking Meeting

Join KRS CPAs as we host the New Jersey Business and Industry Association’s Young Professionals networking meeting on July 25, from 9:00 to 11:00 AM. The meeting will feature a panel discussion on personal finance planning for YPs.

KRS Guide and Checklist Help Small Business Owners Manage Cash Flow

Now that we're officially halfway through 2017, it's a good time to take stock of your company's cash flow. Since we're often asked by our small business and startup clients what they should be doing to manage their cash flow better, we've put together free resources to help you get a handle on the cash that is flowing into and out of your company. Get the KRS CPAs Cash Flow Checklist and more.

KRS Builds Relationships at Bergen Business Expo

On May 25th, KRS team members came together to have fun for a good cause and raised $355 for Red Nose Day.

KRS Team Dons Red Noses to Help End Childhood Poverty

On May 25th, KRS team members came together to have fun for a good cause and raised $355 for Red Nose Day.

KRS Hosts Students on Paramus Rotary Club Career Day

On Thursday, May 25, KRS hosted four Paramus High School juniors as part of the Paramus Rotary Club's 31st Annual Career Day. Senior accountants Diane Pineda and Lance Aligo gave students Andrew Del Monico, Parth Patel, Chloe Lee and Eric Abreu a tour of the KRS offices and a presentation about the accounting world.

Network with Young Professionals at June 7 Happy Hour

KRS CPAs is happy to announce that we’re once again hosting a NJ Building Business Connections Happy Hour networking event on Wednesday, June 7, from 5:30 PM to 8:00 PM. This time we’ll be at Bennigan's on 405 North Midland Avenue, Saddle Brook, NJ.

Why Is KRS CPAs One of the Best Places to Work?

If you're a CPA and looking for a cool place to work, then check out this video clip from KRS CPAs. These accountants know their way around the general ledger and they're fun to work with too!

The KRS Winning Streak Continues

For the eighth consecutive year, KRS CPAs has been named one of the NJBIZ Best Places to Work in New Jersey.

May 9 Business Insights Breakfast Focuses on RESULTS Z to A

We’re 4 months into 2017, have you made any progress achieving the goals you set for the year? We know many business owners and executives are stressing right now about not making enough progress towards their goals, that’s why we’re pleased to have Jean Oursler, The Queen of Results, joining us for the May 9 KRS CPAs Insights Breakfast. In her talk RESULTS Z TO A, Jean will share with us a new way of thinking about goal setting and growing a business.

KRS Tax Season Stress Relief

The KRS accounting team may be working six days a week during this year’s tax crunch, but they know that to maintain peak productivity it’s important to get some stress relief. That’s why they planned ahead and incorporated some fun activities into their busy season. Here's what they did...

Join KRS CPAs for Corporate Fun Run to Tackle Kids Cancer

Join team “KRS CPAs” for a 5k Corporate Fun Run on Thursday, June 1, starting at 5pm. Billed as the summer’s best office party, the event supports “Tackle Kids Cancer” (Children’s Cancer Institute, Hackensack UMC).

Meet the KRS Team – Marika Dugan

Meet the KRS team! Marika Dugan joined KRS in October 2016 as a bookkeeper assisting KRS outsourcing clients. She has a degree in accounting and loves to teach second grade Sunday school. Find out more about Marika.

Diane Pineda Promoted to Senior Accountant

Please join us in congratulating Diane Pineda on her promotion to senior accountant. Diane’s new duties will focus on the execution of accounting, audit, and tax assignments with companies of varying sizes and needs, in addition to business development activities and management of junior level staff.

NJ Building Business Connections Happy Hour – Joint Meetup

Join NJ Building Business Connections on Thursday, February 23, 2017, 6:30 PM to 8:30 PM at Jersey Boys Grill. This is going to ...

Maria Rollins Named KRS CPAs Managing Partner

KRS founding partner Maria Rollins has been named managing partner in recognition of significant accomplishments that have contributed to the firm's expansion. In her role as managing partner, Maria will continue to guide the growth and governance of the firm and run the KRS tax practice and business process outsourcing department.

NJBIZ Cover Story Features KRS CPAs

KRS partners Maria Rollins and Jerry Shanker were featured in the January 9, 2017, NJBIZ cover story entitled, “Holiday Play.” The article, written by NJBIZ staff reporter Brett Johnson, discusses the new KRS unlimited time off policy that allows employees to choose for themselves how many vacation days they need.

KRS CPAs Insights Breakfast Series Continues on February 2

People: The First Decision Every Growth Company Must Get Right

Mike Goldman, President of Performance Breakthrough, is our guest speaker on Thursday, February 2,. He'll be sharing principles, tools and powerful exercises you can put to use in your business immediately to help you select, hire, train and retain the right people who will help your business grow. Register today - space is limited.

Double Dipping in the Divorce Context Is Inherently Unfair

In this article originally published in the New Jersey Law Journal, authors Gerald Shanker and Alan Pralgever discuss why, in their view, the New Jersey Supreme Court's position on "double dipping" in matrimonial cases is simply not economically fair, justified or sustainable, and should be reconsidered.