News & Insights

As we approach the end of the year, it’s a great time to take stock of your financial health and ensure your tax strategies are working for you. This year has brought unique challenges and opportunities…

Family-owned businesses are a cornerstone of the global economy, representing about 90% of all businesses worldwide, according to the Family Firm Institute. Yet despite their strong presence, many don’t…

For many family-business owners, the question “What happens next?” looms large as retirement, health, or changing priorities enter the picture. Choosing among selling, merging, or passing the business…

The IRS has released its official 2026 inflation adjustments, outlining new tax brackets, standard deduction increases, and several important updates that will affect both individuals and businesses.These…

Family businesses make up a significant portion of the global economy for good reason, they often carry deep traditions, a strong sense of purpose, and long-term commitment that can span generations. But…

Pennsylvania Secretary of Revenue Pat Browne issued a warning about a phishing scam targeting Pennsylvanians. The scam involves fraudulent text messages that impersonate PA Department of Revenue officials…

NJBIZ asked, and our employees answered. The result? Haefele Flanagan is proud to be named a 2025 NJBIZ Best Place to Work! The annual program, managed by BridgeTower Media’s Best Companies Group, recognizes…

Philadelphia has announced important changes to its tax policies that will impact businesses beginning with the 2025 tax year. Two key exemptions that many taxpayers have relied on will be eliminated:…

Family businesses are unique, blending family relationships with business performance. An annual retreat or planning session helps connect these two spheres: reinforcing shared identity, enabling collective…

The Internal Revenue Service reminds taxpayers who pay estimated taxes that the deadline to pay their third quarter tax liability is September 15th. Taxpayers may have to pay estimated tax if the amount…