5 Tips for Making Tax-Deductible Charitable DonationsDecember 13, 2017

During the holidays, many people make donations to help those in need. It’s also the last chance in the calendar year to qualify for tax deductions on charitable gifts, adding a sense of urgency to the philanthropy. While any and all charitable giving helps humanity move forward, there are a few best practices to ensure …

New 2017 NJ Tax Exemption for VeteransDecember 11, 2017

NJ Tax Exemption for Veterans

Tax season is almost here and if you are a veteran, you should be aware of a new NJ Income Tax exemption for the 2017 tax year. Military veterans are eligible for a $3,000 exemption on their NJ Income Tax return if by the last day of the tax year: You were honorably discharged; or …

Year-End Tax Planning for Individuals and Small BusinessesDecember 8, 2017

  Don’t look now, but the 2018 tax season is just around the corner. Year-end tax planning can reduce both your tax burden and stress once the filing season arrives. Year-End Tax Planning for Individuals Give to Charity Charitable donations come from the goodness of your heart, not for the tax benefits. With that said, …

Doing More with the SameSeptember 6, 2017

By: William C. McNamara, CPA, CCIFP®, The Curchin Group, LLC Article Credit: Utility & Transportation Contractor Magazine Doing more with the same is one of the fastest ways to improve efficiency and profitability. In some form or fashion every contractor understands this premise as it relates to the job site. But the same principle can …

How Key Advisors Can Work Together to Benefit the Family BusinessAugust 10, 2017

How Key Advisors Can Work Together to Benefit the Family Business

If your family business has achieved any measure of success, you already know that it couldn’t be accomplished without the assistance of one or more trusted business advisors, such as an attorney or a CPA. To ensure continued success for the next generation and beyond, your key advisors should be called upon to work together …

Succession Planning for Construction ContractorsJuly 27, 2017

Succession Planning for Construction Contractors

Construction contractors are among the hardest-working professionals in the workforce. Between the physical labor and the organizational demands of running your business, succession planning can easily fall by the wayside if you don’t make a concerted effort to plan for the future. The construction industry is also changing dramatically due to politics, adding yet another layer …

Considerations for Family BusinessesJune 6, 2017

By: Lynn A. Conover, CPA, CFBA, The Curchin Group, LLC Article Credit: Shore Builders Association Bulletin Board Magazine Family businesses are found in virtually every sector of the world’s economies. In fact, they are considered the most common form of organization. A family business can range from a small mom and pop business to large …

1031 Exchange: What You Need to KnowMay 24, 2017

  An April 2017 article in Financial Planning suggests that 1031 exchanges are becoming increasingly popular, thanks to a rise in property prices. As more property owners seek to take advantage of like-kind exchanges under IRS Code Section 1031, here’s what you need to know: Benefits of a 1031 Exchange A 1031 like-kind exchange allows …