Latest Accounting and NJ Tax News

Once you’ve filed your 2021 tax return, how long will it take to receive your IRS tax refund? Many US taxpayers often ask this question as the tax season comes to a close.

For many, taxes tend to be a huge liability, especially for small and medium-sized businesses. Thankfully, there are ways to reduce these liabilities through effective tax planning.

Income tax planning is an effective strategy for reducing taxes and having more money to spend or save. If you’re looking for advice on the best strategies to use, Tobin & Collins is here to help.

In today’s investment world, real estate is generally rated as one of the most profitable investments since it’s a sure way to secure your capital, increase your income, and maximize profit. Therefore, it is ranked top among the most profitable long-term investments.

With 2022 on the horizon, it’s essential not to forget about year-end tax planning. Now is the best time to pay close attention to your financials and how to legally reduce your business taxes.

If you want to build wealth through investments, you can accomplish this through dividends and capital gains. They’re designed to help you make viable investments but with entirely different tax implications.