Governor Murphy and Legislative Houses Reach Budget Deal Which Includes Corporate and Individual Tax IncreasesJuly 20, 2018
By: Edward Rigby, CPA, MST On July 1, 2018, Governor Phil Murphy, Senate President Steve Sweeney and Assembly Speaker Craig Coughlin announced that their respective branches of New Jersey’s government had reached a compromise agreement for the fiscal year 2019 state budget. The upcoming fiscal year budget will include certain tax increases as part of …
Multi-State Tax News U.S. Supreme Court Overrules Longstanding Sales Tax Nexus Requirements in its Recent South Dakota v. Wayfair, Inc. DecisionJuly 20, 2018
By: Edward Rigby, CPA, MST On June 21, 2018, in a highly anticipated U.S. Supreme Court decision, the court overturned longstanding multi-state nexus rules requiring what is referred to as a “physical presence” test to be met in a state before that state could require an out of state business to collect and remit sales …
Meal and Entertainment Expenses as changed by The Tax Cuts and Jobs Act (TCJA)July 20, 2018
By: Peter Pfister, CPATax Partner With the signing of the TCJA on December 22, 2017 many changes were made to the deductibility of meal and entertainment expenses beginning in 2018. These changes may have a major impact on individual and business spending habits. Here are some answers based on a question and answer format. Q: …
May/June 2018 NewsletterJune 6, 2018
The latest issue of the Curchin Newsletter is here! You can look forward to reading about hot topics in accounting/tax/audit, firm news, and more! In this issue: How Tax Cuts and Jobs Act of 2017 Impacts Estate Planning, AICPA Requests “Immediate Guidance” from IRS on Pass-Through Income, International Tax reform Under the Tax Cuts …
The Curchin Group Earns SBACNJ FAME Award for ‘Curchin Open’ FundraiserApril 30, 2018
The Curchin Group, LLC, a mid-sized, full-service accounting firm based in Red Bank, N.J., received the award for Associate Special Promotion/Event in the Shore Builders Association of Central New Jersey’s (SBACNJ) 14th Annual FAME Awards March 2 at South Gate Manor in Freehold, N.J. Curchin was honored for the 2016 Curchin Open, the 11th annual …
Companies that Care: The Curchin Group named a “Champion of Good Works” by the Commerce and Industry Association of New Jersey (CIANJ) for Second Year in a RowApril 19, 2018
The Curchin Group was named a “Champion of Good Works” by the Commerce and Industry Association of New Jersey (CIANJ) at its Fifth Annual Chairman’s Reception, honoring the philanthropic efforts of the local business community. The Curchin Group was recognized in the “Supporting New Jersey Charities” category along with five other organizations. With over …
The Curchin Group’s William McNamara Earns SBANJ FAME Award as Co-Chair of Associate Master Sponsor CommitteeMarch 16, 2018
William McNamara of The Curchin Group, LLC received a FAME award for his work as Co-Chair of the Associate Master Sponsor Committee in the Shore Builders Association of Central New Jersey’s (SBACNJ). The 15th Annual FAME Awards was held on March 8 at South Gate Manor in Freehold, N.J. Honored alongside Mr. McNamara as …
Tax Cuts and Jobs Act of 2017: What You Need to KnowFebruary 15, 2018
By: Edward Rigby, CPA Most of the new tax law went into effect January 1, 2018, impacting business owners and individuals for the 2018 tax year. This article focuses on educating our clients and helping them understand how the changes will affect them and their tax services. Here are the key provisions: Major Corporate Tax …
Business Valuation for Owner DisputesFebruary 13, 2018
By: Roy Kvalo, CPA/ABV/CFF, CVA When two or more business owners are embroiled in conflict, a valuation can pave the way to a resolution. Specializing in business valuation and litigation, The Curchin Group has helped resolve this type of situation many times and can offer a bit of insight that might be helpful to you …
Tax Reform and 2017 Year-End Tax PlanningDecember 21, 2017
Congress is enacting the biggest tax reform law in thirty years, one that will make fundamental changes in the way you, your family and your business calculate your federal income tax bill, and the amount of federal tax you will pay. Since most of the changes will go into effect next year, there’s still a …