Nov/Dec 2017 NewsletterDecember 19, 2017
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: 12th Annual Curchin Open recap, Guide to Charitable Contributions, Year End Tax Planning, Featured Employee: Richard Presser, Firm News & Photos. Read More
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
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, …
The Curchin Group Raises $22,000 For Two Local Charities at the 12th Annual Indoor Mini Golf TournamentNovember 22, 2017
The Curchin Group, LLC, a mid-sized, full-service accounting firm based in Red Bank, N.J., hosted its 12th Annual Curchin Open Miniature Golf Tournament on Wednesday, Nov. 8, 2017 from 4 p.m. to 7 p.m. This year’s donation was the biggest in the history of the event; $22,000 will be awarded to the two chosen …
Key Federal Income Tax Issues Associated With Rentals of Residences and Vacation HomesNovember 9, 2017
This article highlights and explains the key, but somewhat complex, federal income tax rules associated with rentals of residences and vacation homes. The rules discussed include the definition of what constitutes a residence or dwelling, how personal use of the residence by the taxpayer affects the tax treatment, what expenses are deductible against rental income, …
How to Build Value in Your Family BusinessAugust 16, 2017
By: Roy Kvalo, CPA/ABV/CFF, CVA Of course a family business owner wants their company to be valuable – to their family, their clients, and the community. And while the possibility of selling the business typically forces the owners hand in pinpointing its value, it makes sense to think about this now and periodically in the …
How Key Advisors Can Work Together to Benefit the Family BusinessAugust 10, 2017
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
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 …
Local Charities Selected to Receive Proceeds from 12th Annual Curchin Open Indoor Miniature Golf TournamentJuly 3, 2017
The Curchin Group, LLC, a mid-sized, full-service accounting firm based in Red Bank, N.J., announced today that The Arc of Monmouth and Breast Intentions, two locally-based nonprofit organizations, will be receiving all proceeds from the firm’s 2017 annual indoor miniature golf tournament for charity, The Curchin Open. The event takes place indoors at Curchin’s office …