by Eileen Monsesson | Jul 31, 2026 | Tax Planning, Tax Tips
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...
by Eileen Monsesson | Apr 29, 2026 | News, Press Release
Lawson, Rescinio, Schibell & Associates, P.C. (LRS) moved to 145 Wyckoff Road, Suite 304, Eatontown, NJ 07724, marking an exciting new chapter for the firm. As part of this transition, LRS is also introducing a refreshed brand identity, a new logo centered on...
by Eileen Monsesson | Apr 21, 2026 | Business Advice, Tax Tips
With another tax season behind them, many business owners are ready to move on. That is understandable. But the period right after filing can be one of the smartest times to improve financial processes and strengthen strategy to create better outcomes next year....
by Eileen Monsesson | Mar 9, 2026 | Accounting News, Tax Changes, Tax Tips
The Internal Revenue Service has updated the depreciation limits for passenger vehicles placed in service in 2026. The annual limits apply to cars, trucks, and vans used for business purposes and determine the maximum amount businesses can deduct each year. The...
by Eileen Monsesson | Feb 13, 2026 | Business Advice, Management
New Jersey employers face a major shift in leave and job-protection obligations beginning July 17, 2026. As one of his final actions in office, former Governor Phil Murphy signed legislation that significantly expands the New Jersey Family Leave Act (NJFLA) and...
