January 2021 Update – A new location, 1099 Forms, tax documents go out, and the return of PPP loans.

January 2021 Update – A new location, 1099 Forms, tax documents go out, and the return of PPP loans.

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...
2020 Tax Changes

2020 Tax Changes

The new year brings may changes to the tax rules: Deductions: The standard deductions that is now taken by most taxpayers has risen to $24,800 for married couples, plus $1300 for each spouse age 65 or older.  Singles can now claim $12,400 and an additional $1,650 if...