Latest Accounting and NJ Tax News

As a small business owner, running your day-to-day operations requires your full attention. By the end of the day, the last thing you likely want to do is bookkeeping, taxes, and financial planning. To help keep your money on track, enlisting the assistance of a qualified accountant is vital to your success. Here’s Why Tobin

Saving vs Investing: Understanding What Works for You Not sure if you should save or invest your money? Many individuals often struggle with this notion of whether they should save vs invest their money. Throughout your life, you’ve likely found yourself setting aside a specific amount from your paychecks each week into your savings account.

Many investors often look towards the stock market to invest their dollars. While this is a well-known investment strategy, it’s not suitable for everyone.

Many investors question whether long-term investing is the right financial strategy as markets can potentially be very volatile and cause prices to change on security assets. While this can be the case, long-term investing has historically been shown to pay off better than short-term investing as the stock market tends to mirror economic growth and productivity over time.

For real estate investors to be successful, they must never overlook the importance of keeping an accurate record of their daily financial transactions. To ensure the numbers are correct, enlisting the help of a trustworthy and reliable public accounting firm to handle their real estate business’s bookkeeping needs is vital.

With more people working remotely, many have turned their homes into an office. This has left U.S. workers left with questions as to whether they qualify for a federal home office tax deduction. Let’s look at what you need to know about a home office tax deduction.