by Leigh J Kremer CPA | Jan 13, 2022 | Business, Business, Business Accounting, Individuals, Tax Preparation, year-end
Another year has gone by, and tax season has come around once again. As most of you already know, I moved my residence to Vermont last year. I still maintain my NJ CPA license and spend at least a few days in NJ every month on business. Although most of my clients...
by Leigh J Kremer CPA | Aug 4, 2021 | Business, Business Accounting, Individuals, Tax Preparation, year-end
As the summer rolls on I thought it would be a good time to update taxpayers on current issues: FOR ALL TAXPAYERS: By now many of you have begun receiving monthly payments of your 2021 child tax credit. While this is great news, please understand that these funds...
by Leigh J Kremer CPA | Apr 21, 2021 | Individuals, Tax Preparation, year-end
As most of you know by now, the tax filing deadline has been extended to May 17, 2021. If you have already filed your 2020 tax return: Please be patient, due to Covid the IRS is running a bit behind on processing refunds and payments. You can check that status of your...
by Leigh J Kremer CPA | Jan 13, 2021 | Accounting, Business, Business, Business Accounting, PPP Loans, Tax Preparation, year-end
Let’s start 2021 off with an update: I have moved my residence to the State of Vermont. However I am maintaining my NJ CPA license. Since the vast majority of my clients are handled remotely, via either the internet or mail, it should have no effect on most of...
by Leigh J Kremer CPA | Jan 24, 2020 | Business, Business Accounting, Payroll Services, year-end
As many of you may be aware, NJ has recently passed new laws that drastically change the dynamics regarding the classification of workers. Many workers and even businesses that you have been paying as subcontractors or vendors and reporting with a 1099-MISC form will...
by Leigh J Kremer CPA | Dec 23, 2019 | Business Accounting, year-end
The end of the year is fast approaching and there are a few important issues that should be on your mind: Documentation – Make sure you have copies of all your bank statements and cancelled checks. Your bank should provide copies of your cancelled checks...