Partner Updates

Choice of Entity and the New Tax Cuts and Jobs Act

When President Trump signed the new Tax Cuts and Jobs Act in mid-December 2017, the changes created quite a stir for tax advisors as they hurried to gain an understanding of this new legislation in time to make any necessary tax-related recommendations to their clients before year end. While advisors recommended certain obvious changes, one […]
Read More

Dentists, Entity Structure and the New 20% Pass-Through Deduction

Many healthcare practitioners are wondering how their practices are affected by the Tax Cuts and Jobs Act of 2017 and specifically, the 20% deduction for Qualified Business Income (QBI) for pass-through entities (sole proprietors, partnerships and S-corporations). Since healthcare is considered a specified service business, a dentist would only qualify for the 20% QBI deduction […]
Read More

Schedule a 401(k) Check-up Today!

For a complimentary, no obligation fiduciary review of your company’s retirement plan, please give us a call. Don’t wait for the Department of Labor to come calling! Are your employees being offered access to investment education? Do you know what fees you are paying for your current plan? Are you paying too much? Do you […]
Read More

New Jersey Sales and Use Tax Rate Reduction

The New Jersey Sales and Use Tax will be reduced in two phases between 2017 and 2018. As of January 1, 2017 the Sales and Use Tax rate has been reduced from 7% to 6.875% (P.L. 2016, c. 57). The tax rate will decrease to 6.625% on and after January 1, 2018. What does this […]
Read More