As you might be aware, if you work in certain industries and receive tips, those tips might not be subject to taxes. The IRS released a preliminary document with several major categories: Beverage & Food Service Entertainment & Events Hospitality & Guest Services Home Services Personal Services Personal Appearance & Wellness Recreation & Instruction Transportation
As a business owner in NJ, you might have been worried for the last couple of weeks as you could not access the New Jersey Division of Taxation portal. NJ was updating its tax portal and tax filing and payment systems were not operating since April 26, 2025. Additionally, the Sales tax phone filing has
Back in 2022, the Secure Act 2.0 was passed and made numerous changes in retirement plans and individual retirement plans, included in the over 90 provisions, there was a Saver's credit to be applicable from 2027. The interesting part about this provision is that from 2027, "... by making annual contributions of up to $2,000
