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 | Oct 13, 2025 | News
New Jersey’s minimum wage will rise to $15.92 an hour for most workers on January 1, 2026 — a 43-cent increase. For employees of small businesses and seasonal employers, the rate will continue to climb gradually to ease the burden on these operations. Their hourly... 
by Eileen Monsesson | Mar 3, 2025 | News
On March 2, 2025, the U.S. Treasury Department announced that it would not impose penalties for failing to comply with the reporting requirement for the beneficial ownership information (BOI) under the Corporate Transparency Act (CTA). Along with suspending fines tied... 
by Sal Schibell | Jan 4, 2023 | News
IRS Delays Implementation of $600 Reporting Threshold for Third-Party Payment Platforms’ Forms 1099-K The IRS announced a delay in reporting thresholds for third-party settlement organizations (TPSOs) set to take effect for the upcoming tax filing season. TPSOs will... 
by Sal Schibell | Jan 2, 2023 | News
Tax Alert: Business Mileage Rate Increases for 2023 The IRS issued the optional standard mileage rates for calculating the deductible costs of operating a car for 2023. Starting January 1, 2023, the rates for using a car, van, pickup, or panel truck will be: 65.5... 
by Sal Schibell | Dec 28, 2022 | News
The IRS treats cryptocurrency as property, not money, and taxes it like a stock. Taxpayers must disclose gains and losses on investments in digital assets. Profits on assets held for more than a year are taxed at the long-term capital gains rate, now a top 23.8%,... 