News & Insights

Since the start of the pandemic, many have found new employment outside of the traditional 9-5 workday. If you earned income from a freelance gig, you’ll need to report that on your taxes. Even if you…

By Ken May, Partner In modern society, transportation is more important than ever.  People take for granted that they can move around the world easily and have products delivered to their door in a day…

Haefele Flanagan is pleased to announce that Erica Peterson, CPA, Ken May, CPA, CVA, and Andrew Ryzner, CPA have been promoted to Partner. Since joining Haefele Flanagan in 2001, Erica Peterson has provided…

N.J. Governor Murphy signed legislation that effective immediately raises the threshold at which a nonprofit must undergo an audit from $500,000 to $1 million in gross revenues. It also provides that in-kind…

The combination of the holiday shopping season, the upcoming tax season, and the pandemic create additional opportunities for criminals to steal sensitive personal or finance information. To help taxpayers…

The Internal Revenue Service announced that the amount individuals can contribute to their 401(k) plans in 2022 has increased to $20,500, up from $19,500 for 2021 and 2020. The IRS today also issued technical…

It seems unlikely that the federal government will distribute a fourth stimulus check at this time. But even though the federal government is not issuing an official fourth stimulus check for everybody…

WHAT IS A DECENNIAL REPORT? It is a report of an entity’s continued existence. Decennial filings are made every ten years with the intent to identify business names and marks that are no longer in use…

A special tax provision will allow more Americans to easily deduct up to $600 in donations to qualifying charities on their 2021 federal income tax return. Ordinarily, people who choose to take the standard…

Trilogy Partners explores strategy, leadership, people, culture, and assessing what a business needs for growth. Their services include strategic planning, executive and leadership coaching, business transition…