Blog
New IRS Guidance Creates Major Tax Savings Opportunities for Commercial Real Estate Owners and Developers
If your business is planning to build, expand or purchase a manufacturing facility, a new IRS tax incentive could significantly reduce your tax bill. The IRS released interim guidance explaining how businesses can qualify for a 100% depreciation deduction for certain...
Lawson, Rescinio, Schibell & Associates (LRS) Returns to its Roots in Eatontown, NJ
Lawson, Rescinio, Schibell & Associates, P.C. (LRS) will relocate effective May 1, 2026, to 145 Wyckoff Road, Suite 304, Eatontown, NJ 07724
Tax Season is Over — Start Planning Now for a Stronger Year Ahead
Tax season may be behind you, but the smartest business decisions for next year start now. Learn how planning, stronger financial insight, industry-focused CPA guidance, and the smart use of AI can help improve results. Read my blog Tax Season is Over — Start Planning Now for a Stronger Year Ahead at LRScpa.com.
IRS Updates 2026 Depreciation Limits for Business-use Vehicles
Businesses that purchase or lease vehicles in 2026 should be aware of updated IRS depreciation limits for passenger automobiles. These annual adjustments affect how much can be deducted each year for business-use vehicles. Read the full blog, “2026 vehicle depreciation limits increase slightly for business autos,” at LRSCPA.com.
New Jersey Expands Family Leave and Job-Protection Requirements: What Employers Need to Know Before July 2026
New Jersey employers face sweeping changes to family leave and job-protection rules starting July 17, 2026 — and many small businesses will be impacted for the first time. Understanding how the expanded NJFLA, TDI, and FLI requirements work together is critical to staying compliant. Read the full blog, New Jersey expands family leave and job-protection requirements: what employers need to know before July 2026, at LRSCPA.com.
Four CEO Priorities for 2026 and How to Lead Through Them
2026 will test CEOs on multiple fronts — AI adoption, growth pressure, workforce engagement, and cost uncertainty driven by global disruption. The leaders who succeed will be those who connect strategy to execution and keep their organizations aligned through constant change. Read my blog, CEO Priorities for 2026, and How to Lead Through Them at LRSCPA.com.
2026 Payroll and Mileage Updates: Federal and New Jersey Changes at a Glance
Payroll rules are shifting again for 2026, with higher federal wage bases, updated mileage rates, expanded benefit limits, and significant New Jersey payroll changes now in effect. These updates affect withholding, reporting, and payroll calculations across the year. Read my blog, 2026 Payroll and Mileage Updates: Federal and New Jersey Changes at a Glance, to stay current at LRSCPA.com.
Essential Year-End Tax Tips for Small Business Owners
Year-end is the perfect time for small business owners to review their tax strategies and take advantage of new opportunities that may reduce next year’s tax bill. A few timely steps can strengthen your financial position going into 2025. Read my blog, Year-End Tax Planning: What Every Business Owner Should Know, at LRSCPA.com.
Smart Tax Planning Steps Every Individual Should Take Before Year-End
Year-end is a great time to check in on your financial goals and make sure you’re keeping more of what you earn. New deductions, updated credits, charitable planning options, and digital asset rules all offer opportunities to lower your tax bill. Read my blog Smart Tax Planning Steps Every Individual Should Take Before Year-End at www.LRSCPA.com to learn what you need to consider before December 31 to reduce your taxes.
2025/2026 Year-End Tax Planning Guide
Our 2025/2026 Tax Planning Guide provides a series of the most ubiquitous tax measures, guidelines, and strategies available for your review. Tax planning is frequently defined as a process which analyzes personal or business income against potential tax deductions, and tax credits. Developing a thoughtful tax strategy contributes to the greatest amount of tax savings.