News & Insights

Blog: 10 Resolutions to Boost Your Company’s Value
As we approach the close of 2024 and look ahead to 2025, many business owners are focused on transformation and growth. If increasing your company’s value is your goal, consider these New Year’s resolutions…
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Hurricane Updates: IRS Tax Related Assistance and Warning about Charity Scams
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…
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Blog: Challenges Faced by Not-for-Profit Organizations in Adopting the New CECL Standard
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…
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Blog: The Unexpected Key to Achieving Your Goals
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…
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Haefele Flanagan Honored as NJBIZ 2024 Best Places to Work
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…
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Smart Savings: 529 Plan to Roth IRA
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…
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Election 2024: Overview of Tax Policies
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…
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Blog: Sellability – A Priority for Savvy Business Owners
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…
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QuickBooks Desktop to Stop Selling to New U.S. Subscribers
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…
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IRS Moves Forward with Employee Retention Credit Claims
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…
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