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 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 | Jan 14, 2026 | Tax Tips
Payroll administration in 2026 reflects a convergence of higher federal wage bases, updated mileage reimbursement rates, expanded benefit contribution limits, and revised New Jersey payroll thresholds. Together, these changes affect how compensation, benefits, and...
by Eileen Monsesson | Dec 1, 2025 | Tax Planning, Tax Tips
As the year comes to a close, this is an important moment to review your financial picture and confirm that your tax strategies are aligned with your goals. Ongoing legislative changes, shifting economic conditions, and evolving business needs have created both...
by Eileen Monsesson | Nov 21, 2025 | Tax Tips
As year-end approaches now is the ideal time to review your financial picture and take steps to capture available tax savings. With new tax legislation, economic shifts, and evolving personal circumstances, thoughtful planning can make a meaningful difference. Our...
