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Can taxpayers deduct expensive clothing they’re required to wear to work?

August 8, 2016

In a new case, the U.S. Tax Court ruled "no."  The taxpayer worked as a salesman for an expensive clothing designer and was required to wear his employer's clothing while re..

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How much income tax will you owe on April 15, 2017?

August 8, 2016

By Robert B. Charlton, CPA Unable to answer that question? You need to begin your 2016 income tax planning now. I met a business owner recently fretting about having to go on a..

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You Should Be Concerned About Identity Theft!

August 8, 2016

By Robert B. Charlton, CPA Each year, millions of people are impacted by identity theft. Sussex County business owners are not immune. During tax filing season, we are often ..

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New Jersey Homestead Rebate Update

August 8, 2016

The New Jersey 2013 Homestead Rebate credit should have appeared in your May 2016 property tax bill. You would have only received a check, rather than a credit, if your home was a unit in..

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IRS Launches New Cybersecurity Initiatives

August 8, 2016

The Internal Revenue Service (IRS) will be putting new cybersecurity initiatives into place for 2017 in order to stay ahead of hackers. This strategy will include adding a 16-digit verification cod..

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