The holiday season is just around the corner. We are all getting ready to spend time with family and friends; cook a nice dinner; and see the smiles on children’s faces when they see the big floats in the Thanksgiving Day Parade, or good ol’ jolly Santa Claus. But that means that tax time is just upon us. There are lots of changes in the tax code, due to the Trump Administration’s, “One Big Beautiful…
Tax season feels like forever away when you’re in the middle of October, dealing with the daily chaos of running a small business. But here’s the thing—waiting until March to think about your NJ tax filing means you’re setting yourself up for a stressful, expensive mess. Fall is when smart business owners get their tax prep handled, before year-end hits and everything becomes ten times harder. I’m not saying you need to file anything right…
It’s November, which means my phone starts ringing with clients asking about year-end tax planning. And honestly, if you haven’t looked at your tax situation yet this year, you’re not behind—most people wait until now anyway. The reason we do this before December 31st is pretty straightforward: once the calendar flips to January, almost everything that could’ve helped your 2024 taxes is locked in. You can’t go back and change it. So let’s talk about…
My first year freelancing, I made about $60K. Thought I was doing great until April rolled around and I owed $11,000. Had maybe $2,000 in my account. That was a rough week. Turns out, when you’re self-employed, Uncle Sam wants his money spread throughout the year, not in one giant lump sum. It would’ve been nice if someone had mentioned that before I quit my day job. The Basics Nobody Explained to Me Here’s what…
Someone died and left you in charge of their mess. Or maybe you’re inheriting something and just realized New Jersey might want a piece of it. Either way, you’re probably panicking a little because taxes and death are two things nobody wants to deal with at the same time. I get it. I was executor for my uncle’s estate three years ago and spent the first two weeks convinced I was going to accidentally commit…
When I started my small business two years ago, I thought I could handle all my finances with one simple system. Personal expenses, business expenses, all mixed together in the same spreadsheet. My accountant looked at my records and just shook her head. She said I was making things way harder than they needed to be. Turns out personal and business accounting are completely different things. I learned this after spending weeks trying to sort…
Ugh, tax season. Just typing those words makes my stomach turn a little, and I’m betting you feel the same way. But here’s the thing—I’ve been helping New Jersey business owners with their taxes for years, and the ones who get started early are always way less stressed come April. They’re also the ones who usually end up paying less in taxes because they actually find deductions they didn’t know existed. Last year, I had…
Two-factor authentication. It’s something that has become more common to any one of us that uses a computer, smartphone, or tablet. As culture and society from the United States of America to around the world becomes more cloud-based in a digital world – passkeys, Personal Identification Numbers (PIN numbers), and even facial recognition technology are moving to the forefront to open the vault of exposed information. All of this is to prevent one thing: identity…
Running a business in New Jersey is tough enough without having to worry about whether you’re doing your taxes right. I learned this the hard way three years ago when I tried to handle my small marketing company’s taxes myself. What seemed like a good way to save money turned into a nightmare of confusing forms, missed deductions, and eventually a notice from the state that made my stomach drop. New Jersey has some pretty…
Tax season rolls around and suddenly everyone’s an expert. Your coworker swears by some app, your brother-in-law claims he saved thousands doing it himself, and meanwhile you’re staring at a pile of documents wondering what half of them even mean. Living in New Jersey doesn’t make this any easier. We pay some of the highest taxes in the country, but we also have more ways to reduce them than most people realize. The catch? You…