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 | Apr 24, 2020 | Business, Coronavirus crisis, Individuals, Tax Preparation
I am continuing to get a large number of inquiries from clients regarding the government programs designed to help us through the current crisis and figured it might be helpful to share some information with you, as well as some new information regarding a SALT fix...
by Leigh J Kremer CPA | Mar 30, 2020 | Business, Coronavirus crisis, Individuals, Tax Preparation, Uncategorized
I hope this message find you well. I have been getting a lot of questions from clients regarding various taxpayer related issues regarding the coronavirus crisis. This message will attempt to answer those questions. The federal government has announced a relief...
by Leigh J Kremer CPA | Jan 18, 2020 | Business, Individuals, Tax Preparation
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...
by Leigh J Kremer CPA | Jan 8, 2020 | Business, Individuals, Tax Preparation
Another year has gone by and tax season has come around once again. The tax filing deadline for individuals is Wednesday, April 15, 2020. The deadlines for business filers are March 16, 2020 for partnerships and S-Corporations, and April 15, 2020 for C-Corporations. ...