(201) 794-9300 | info@cpaadvisors.tax

Blog

Our Blog

TAX REFORM EXPANDS AVAILABILITY OF CASH ACCOUNTING

Robert Zelitsky

November 22, 2018

Under the Tax Cuts and Jobs Act (TCJA), many more businesses are now eligible to use the cash method of accounting for federal tax purposes. The cash method offers greater tax-planning flexibility, allowing some businesses...

Read More...

CATCH-UP RETIREMENT PLAN CONTRIBUTIONS CAN BE PARTICULARLY ADVANTAGEOUS POST-TCJA

Robert Zelitsky

November 22, 2018

Will you be age 50 or older on December 31? Are you still working? Are you already contributing to your 401(k) plan or Savings Incentive Match Plan for Employees (SIMPLE) up to the regular annual limit? Then you may want...

Read More...

BUY BUSINESS ASSETS BEFORE YEAR END TO REDUCE YOUR 2018 TAX LIABILITY

Robert Zelitsky

November 15, 2018

The Tax Cuts and Jobs Act (TCJA) has enhanced two depreciation-related breaks that are popular year-end tax planning tools for businesses. To take advantage of these breaks, you must purchase qualifying assets and place...

Read More...

IT’S NOT TOO LATE: YOU CAN STILL SET UP A RETIREMENT PLAN FOR 2018

Robert Zelitsky

November 15, 2018

If most of your money is tied up in your business, retirement can be a challenge. So if you haven’t already set up a tax-advantaged retirement plan, consider doing so this year. There’s still time to set one...

Read More...

COULD “BUNCHING” MEDICAL EXPENSES INTO 2018 SAVE YOU TAX?

Robert Zelitsky

October 31, 2018

Some of your medical expenses may be tax deductible, but only if you itemize deductions and have enough expenses to exceed the applicable floor for deductibility. With proper planning, you may be able to time controllable...

Read More...

SELLING YOUR BUSINESS? DEFER — AND POSSIBLY REDUCE — TAX WITH AN INSTALLMENT SALE

Robert Zelitsky

October 22, 2018

You’ve spent years building your company and now are ready to move on to something else, whether launching a new business, taking advantage of another career opportunity or retiring. Whatever your plans, you want to...

Read More...

FOLLOWING THE ABCS OF CUSTOMER ASSESSMENT

Robert Zelitsky

October 22, 2018

When a business is launched, its owners typically welcome every customer through the door with a sigh of relief. But after the company has established itself, those same owners might start looking at their buying...

Read More...

529 PLANS OFFER TWO TAX-ADVANTAGED EDUCATION FUNDING OPTIONS

Robert Zelitsky

October 12, 2018

Section 529 plans are a popular education-funding tool because of tax and other benefits. Two types are available: 1) prepaid tuition plans, and 2) savings plans. And one of these plans got even better under the Tax Cuts...

Read More...

COULD A COST SEGREGATION STUDY HELP YOU ACCELERATE DEPRECIATION DEDUCTIONS?

Robert Zelitsky

October 10, 2018

Businesses that acquire, construct or substantially improve a building — or did so in previous years — should consider a cost segregation study. It may allow you to accelerate depreciation deductions, thus...

Read More...

4 PILLARS OF A SOLID SALES PROCESS

Robert Zelitsky

October 10, 2018

Is your sales process getting off-balance? Sometimes it can be hard to tell. Fluctuations in the economy, changes in customer interest and dips in demand may cause slowdowns that are beyond your control. But if the...

Read More...

DIG OUT YOUR BUSINESS PLAN TO PLAN FOR THE YEAR AHEAD

Robert Zelitsky

September 26, 2018

Like many business owners, you probably created a business plan when you launched your company. But, as is also often the case, you may not have looked at it much since then. Now that fall has arrived and year end is coming...

Read More...

TAX PLANNING FOR INVESTMENTS GETS MORE COMPLICATED

Robert Zelitsky

September 25, 2018

For investors, fall is a good time to review year-to-date gains and losses. Not only can it help you assess your financial health, but it also can help you determine whether to buy or sell investments before year end to...

Read More...


In three easy steps, our team can help you
find your path to a sustainable, profitable business
and more individual freedom.

 

Latest from Our Blog


Learn More