Upcoming Changes to New Jersey and New York Taxes

By Wiss, Posted in State & Local Tax Services

By Evan Gernant With tax reform legislation nearing enactment in Washington it’s easy to keep one’s focus on those headlines.  There are, however, important changes in New Jersey and New York tax that have already been signed into law and will impact local taxpayers.  Below is a summary of the more significant changes you will see affecting New Jersey and New York State taxpayers in 2018 and beyond. New Jersey The sales & use tax rate will continue decrease slightly.  A t... read more.

12 Days of Traditions - Day 8: Mike Marin

By Wiss, Posted in Wiss Gets Personal

Christmas traditions can vary all around the world, but celebrating the holidays outside of your own country, or 3,000 miles away from the rest of your family can be overwhelming and a different experience. During the holidays, many of us realize the importance of keeping our traditions in order to build strong family relationships that will then be passed on to future generations. In my beautiful country, Colombia, Christmas celebrations start on December 7,  a day known as “El Dia De Las Velita... read more.

12 Days of Traditions - Day 7: Judy DeJesus

By Wiss, Posted in Wiss Gets Personal

In Puerto Rico, the Christmas celebrations start early! We call Christmas Eve “Nochebuena,” and that's when my family gathers to eat traditional foods of lechón asado (roasted pork) and pasteles (similar to tamales), arroz con dulce and our famous Coquito! We usually sit around and sing Alguinardos, what we call Christmas Songs. My family celebrates through Dia de Los Reyes, (Three Kings Day on January 6th) and that’s when the kids receive their Christmas presents. On the eve of Thr... read more.

12 Days of Traditions - Day 6: Jonssen Angbetic

By Wiss, Posted in Wiss Gets Personal

Filipinos have always been superstitious, especially when it comes to the holiday seasons, and the New Year brings a lot of superstitious beliefs into action.  One of these beliefs/traditions is preparing what we call the “six bowls of blessings,” for a lack of a better term.  It consists of a tray with six containers/bowls of different items.  Each item has a different meaning for the upcoming new year:  Rice – An abundance in food, in hopes that we will never go hu... read more.

12 Days of Traditions - Day 5: Ruth Raftery

By Wiss, Posted in Wiss Gets Personal

A Christmas Eve Tradition Growing up in a Carpatho-Rusyn Family and attending a Russian Orthodox Church – Christmas Eve Dinner (called the Holy Supper) was full of symbolism and ethnic traditions.  First, the entire day was a strict fast day. That meant no meat or dairy was allowed.  The Supper consisted of 12 foods (no meat or dairy), symbolic of the 12 Apostles.  Foods included Kesalicha (a thick soup made with oats – that my cousin and I referred to as wallpaper paste),... read more.

12 Days of Traditions - Day 4: Jenna Sanfilippo

By Wiss, Posted in Wiss Gets Personal

Growing up I was always that little kid who drove my family nuts around the holidays. Either it was making a list for Santa that was taller than me or the Christmas Eve nights where I forced my sister to stay up and stake out the living room to catch Santa in the act. Even though, at the time, my family wanted to tie me up to make sure I wasn’t getting into any trouble, those are the silly memories that we always reminisce on each and every Christmas holiday! Since I was a baby, my Christmas traditio... read more.

IRS Serves Up Savings With the 45(B) Tax Credit

By Wiss, Posted in Food & Beverage

By James Jenco If you own a food and beverage establishment, you might be overpaying the IRS in payroll taxes. That could be the case if you’re not taking advantage of IRC 45(B). This rather little-known federal tax deduction could save you hundreds or even thousands of dollars a year, depending on the size of your tip-eligible workforce. Here’s how it works. Taxing Issues As you probably know, it’s your responsibility to pay the employer withholding tax on the FICA and Medicare wages o... read more.

12 Days of Traditions - Day 3: Chrissy Giamanco

By Wiss, Posted in Wiss Gets Personal

One of my favorite holiday traditions is one that our family looks forward to each year. It is not my personal family (Giamanco) tradition, but rather one that developed when my brother married his wife in 1982. My brother was in the Navy stationed in Virginia Beach and spent several weeks and months out to sea. During that time, funds were limited, so my sister-in-law started making Christmas ornaments to gift to our entire family. It started the first year, became her family tradition, and she has be... read more.

12 Days of Traditions - Day 2: Taylor Kolbeck

By Wiss, Posted in Wiss Gets Personal

Let me preface this by saying I love the holidays. Everything from the tree, music, lights, food, and most of all family. I even love Christmas movies. Not just any Christmas movies, but the B-rated ones with bad acting that they play on the Hallmark channel on the weekends. I think my love for this time of year comes from my grandma who I will reference as Nana from here on out, as she is way too cool to be just a grandma. While our tradition may not be unique, it is one that I hold dear in my memories. M... read more.

12 Days of Traditions - Day 1: Andrea Saenz

By Wiss, Posted in Wiss Gets Personal

My personal traditions include kicking off the holiday season as early as Thanksgiving. I join my church in collecting items that would make for a great Thanksgiving dinner with all the trimmings, even including a Turkey! We put it all together and deliver each basket to families in need. Below is a picture of some of the baskets we were able to put together. During the month of December, I gather with my church to put on our Santa Hats and hit the streets! We set up a stand and give out hot chocolate, coo... read more.