News & Insights

In the wake of the devastating hurricanes that have ravaged Florida and the Southeast in recent weeks, the Internal Revenue Service warned about charity scams and reassured victims that it stands ready…

By: Cristopher Sefransky, CPA, CFE, LSSGB Our industry is well over a year into implementation of the transitional guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Update…

As 2024 enters its final quarter, you’re likely reflecting on your business objectives for the next year. Perhaps you’re aiming to establish a recurring revenue stream, hire a general manager, or start…

NJBIZ asked and our employees answered. The outcome? Haefele Flanagan is a NJBIZ Best Place to Work! The 2024 honorees, categorized by small (15-49 employees), medium (50-249 employees), and large (more…

The SECURE 2.0 Act, passed at the end of 2022, introduced over 100 measures aimed at enhancing American savings. Among these is a provision allowing up to $35,000 in unused funds from a Sec. 529 education…

Tax policy has emerged as a central topic in the 2024 US presidential election because it directly affects the financial well-being of individuals, businesses, and the overall economy. It not only determines…

What are your business objectives for the year? Many entrepreneurs are focused on profitability and perhaps a revenue target. While these goals are critical, there’s another objective that could provide…

Intuit has made a decision that after Sept. 30, 2024, it will no longer sell new subscriptions to U.S. subscribers of the following products: Existing subscribers are not impacted by this change. Existing QuickBooks…

The Internal Revenue Service (IRS) has announced new measures to support small businesses and prevent improper payments under the Employee Retention Credit (ERC) program. These actions include accelerating…

The Internal Revenue Service announced tax relief for individuals and businesses in five states affected by Hurricane Debby. Affected taxpayers in South Carolina, North Carolina, Florida, Georgia, and…