How a New Jersey S-Corp Owner Reimburses Home Office, Mileage, and Phone Costs Tax-Free
An accountable plan is a written agreement between your S-corp and you as its employee. Under it, the business pays you back for business costs you covered personally: the home office, mileage, your phone, supplies, travel. Set up correctly, the payment is deductible to the corporation and is not wages to you, so it carries […]
Tax Preparer, CPA, or EA: What a Monmouth County Filer Needs, and What It Costs
A Rumson couple brought us a return last March. Two W-2s, one from a Manhattan employer and one from a Red Bank office, plus a Belmar rental they had owned for two years. A seasonal preparer down the shore had charged them $225. New Jersey was filed correctly. New York was not filed at all. […]
The Revenue Range Where a Monmouth County Business Outgrows Its Bookkeeper and Needs CFO-Level Thinking
Most businesses cross this line between $1 million and $2 million in revenue. That’s where published 2026 market data shows fractional CFO support starting to pay for itself, and where we see it happen with our own clients. Below that, a good bookkeeper and clean, current books are usually the higher-return spend. Above $2 million, […]
OBBBA Tax Changes for New Jersey Small-Business Owners in 2026
The One Big Beautiful Bill Act, commonly called the OBBBA, changed the tax-planning landscape for New Jersey small-business owners. Signed into law on July 4, 2025, the law made several major federal tax provisions permanent, including the 20% qualified business income deduction and 100% bonus depreciation. It also increased the federal Section 179 deduction, temporarily […]
Retirement Planning for Business Owners: The Tax Moves Your CPA and Advisor Should Be Coordinating
Reviewed by John Geantasio, CPA — August 2026. All figures reflect 2026 limits published by the IRS. For a W-2 employee, retirement planning and tax planning are separate conversations. Pick a contribution rate, pick a fund lineup, and the tax return just reflects what happened. For a business owner, that separation is false. Retirement planning […]
Tax Strategies for Halloween: Don’t Let Scary Surprises Haunt Your Finances
Introduction: October Scares Beyond Costumes October is often associated with pumpkins, costumes, and haunted houses. But for business owners and high earners, there is another kind of fright lurking in the shadows—unexpected tax bills. Unlike the Halloween decorations that come down in November, the financial consequences of poor tax planning can linger long after the […]
How to Master Year-End Tax Planning: Expert Advice from John Geantasio, CPA
As the end of the year approaches, it’s easy to get caught up in the holiday season and push financial planning aside. But according to John Geantasio, CPA, this is the perfect time to make smart moves that can lower your tax bill and help you start the next year on stronger financial ground. Many […]
Make Smart Investments Before Year-End to Maximize Your Tax Benefits
By John Geantasio, CPA As the year draws to a close, many people focus on holiday plans, year-end business reviews, or personal resolutions. But smart individuals and business owners know that this is also the most critical window for strategic tax planning. Investing before December 31 can dramatically lower your tax bill, boost long-term financial […]
