An important tax deadline is approaching! Thursday, Oct. 15, is the deadline for taxpayers who filed for a six-month extension to submit their 2025 individual federal income tax return (Form 1040 or Form 1040-SR)....

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Chapter 7 (liquidation) bankruptcy is generally available if you’re an individual or business debtor, regardless of how much you owe and whether you’re solvent. Some tax debt may be dischargeable. But even if this...

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The IRS recently announced new and expanded features for its Business Tax Account (BTA) platform. The BTA is a self-service platform available to sole proprietors; S corporations; C corporations; certain partners and shareholders; tax-exempt...

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The Qualified Opportunity Zone (QOZ) program provides tax incentives to invest in designated low-income communities across the United States. Tax law changes enacted last year made the program permanent and altered it, with implications...

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Cryptocurrency holders: Be alert for a new IRS impersonation scam. Fraudsters are mailing fake IRS letters directing recipients to a bogus “Digital Asset Compliance Portal.” The letters instruct recipients to scan a QR code...

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New Jersey trucking companies that rely on owner-operators and independent contractors should begin preparing now for new worker classification regulations taking effect on October 1, 2026. While the ABC Test has long been part...

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