The Investment Value of Fixed AssetsJuly 19, 2019
Contractors, take a look at your balance sheet. Your fixed assets—such as your property, plant and equipment—have been the basis of numerous tax law changes in recent years. They also provide an all-purpose planning tool for you as a business owner. While the new laws allow us to depreciate or write off equipment purchases sooner, …
How to Make Your Seasonal Income Last Through the WinterJuly 10, 2019
Business cooling off and heading into the off-season? Worried if you’ll pull through the long winter? Use these suggestions to stretch your seasonal income. Tourism is a major economic engine throughout the state, generating over $41 billion in 2016, with growth expected through 2021. This growth isn’t limited to the Jersey Shore, either. Passaic and Mercer Counties …
Why Do People Change Accountants?July 8, 2019
You may not realize it, but a reliable accountant is one of the most important people in your life. Having an expert whom you can trust with your finances and, in turn, your future, enables you to make better decisions around taxes, assets, investments and business. It can take time to find this trusted advisor, …
Q2 2019 NewsletterJune 3, 2019
The latest issue of the Curchin Newsletter is here! You can look forward to reading about hot topics in accounting/tax/audit, firm news, and more! In this issue: The Ins and Outs of the Section 199A Regulations, 2019 Economic Forecast for NJ Developers, Builders, Featured Employee: Edward Rigby, CPA. Read More
The Ins and Outs of the Section 199A RegulationsJune 3, 2019
By: Edward Rigby, CPA In January the IRS finalized the regulations providing guidance on the Section 199A deduction for qualified business income (QBI). The final regulations retain the majority of the rules contained in the proposed regulations that were issued last August. They provide clarification on issues such as when businesses may be aggregated in …
Wages and Labor: What A/E/C Firms Need to Know Right NowApril 19, 2019
New Jersey labor laws are seeing notable changes in 2019, many of which are significant for Architecture, Engineering & Construction (A/E/C) firms to consider. Developers, builders and general contractors are heavily reliant on skilled labor while simultaneously tasked with balancing employee wages, retention and profitability. If you own an A/E/C firm—or any business with employees, …
Navigating the Qualified Business Income DeductionDecember 26, 2018
The Tax Cuts and Jobs Act of 2017 brought a potentially significant tax break—some say the largest in decades—for small business owners in Section 199A. The IRS states: “Eligible taxpayers may be entitled to a deduction of up to 20 percent of qualified business income (QBI) from a domestic business operated as a sole proprietorship …
The Curchin Group to Host 13th Annual Indoor Mini Golf Tournament for Charity on November 7thOctober 1, 2018
The Curchin Group, LLC, a mid-sized, full-service accounting firm based in Red Bank, N.J., is preparing to host its 13th Annual Curchin Open Miniature Golf Tournament on Wednesday, Nov. 7, 2018 from 4 p.m. to 7 p.m. The tournament will once again take place inside Curchin’s Red Bank office, transformed into a 9-hole, fun-filled miniature …
Aug/Sept 2018 NewsletterSeptember 13, 2018
The latest issue of the Curchin Newsletter is here! You can look forward to reading about hot topics in accounting/tax/audit, firm news, and more! In this issue: Meal and Entertainment Expenses as changed by the Tax Cuts and Jobs Act (TCJA), Governor Murphy and Legislative Houses Reach Budget Deal Which Includes Corporate and Individual …
Local Charities Selected to Receive Proceeds from 13th Annual Curchin Open Indoor Miniature Golf TournamentAugust 6, 2018
The Curchin Group, LLC, a mid-sized, full-service accounting firm based in Red Bank, N.J., announced today that Aslan Youth Ministries and Ocean of Love, two locally-based nonprofit organizations, will be receiving all proceeds from the firm’s 2018 annual indoor miniature golf tournament for charity, The Curchin Open. Last year, with the support of over 50 …