• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Steinberg Enterprises

Steinberg Enterprises, LLC

Your Financial Future is Our First Priority

  • About
  • Clients Served
    • Small Business
    • Nonprofits
    • Individuals
  • Services
    • Tax Representation and Advocacy
    • Tax Planning
    • Tax Preparation
    • Accounting, Payroll, Bookkeeping
    • Confidential Bill Paying Services
    • Management Consultant
    • Mediation Services
    • Estate Administration
    • Bankruptcy Services
  • Tax Insights
    • News & Articles
    • Tax Insights Blog
    • Tax Tips Newsletter
  • Worksheets
  • Client Portal
    • Secure File Transfer
    • Pay My Bill
  • Contact

Tax Insights Blog

Home / Tax Insights Blog

By: LSteinberg | December 3, 2019

The Taxpayer Bill of Rights

This publication explains your rights as a taxpayer and the processes for examination, appeal, collection, and refunds. Read the Taxpayer Bill of Rights

... Continue Reading

By: LSteinberg | November 19, 2019

2019 YEAR END TAX STRATEGIES

General Tax Planning Moves Higher income filers ($250,000 married filing joint; $125,000 single) may be subject to the additional 3.8% Net Investment Income Tax. This is based on the calculated amount of the Adjusted Gross Income. There is also the additional 0.9% Medicare tax on these high-income

... Continue Reading

By: LSteinberg | November 12, 2019

401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500

WASHINGTON — The Internal Revenue Service today announced that employees in 401(k) plans will be able to contribute up to $19,500 next year. The IRS announced this and other changes in Notice 2019-59 (PDF), posted today on IRS.gov. This guidance provides cost‑of‑living adjustments affecting dollar

... Continue Reading

By: LSteinberg | November 12, 2019

IRS provides tax inflation adjustments for tax year 2020

WASHINGTON — The Internal Revenue Service today announced the tax year 2020 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2019-44 (PDF) provides details about these annual adjustments. The tax law change

... Continue Reading

By: LSteinberg | October 17, 2019

SOCIAL SECURITY AMOUNTS FOR 2020

The Social Security Administration has announced the new amounts for 2020.  The gross Social Security benefits are increasing 1.6% for 2020.  Some of the other limits change by different percentages.  Here is the information for 2020 (followed by 2019 amounts): The amount of earnings

... Continue Reading

By: LSteinberg | November 26, 2018

The Cannabis Industry in New Jersey

On October 24, I attended the first NJ Cannabis Conference at the Forsgate Country Club (Monroe Township, NJ). Among the 300 attendees, there were a few law firms and attorneys present, but only a handful of accountants. There were vendor tables for a host of service providers to the cannabis industry.

... Continue Reading

By: LSteinberg | November 7, 2018

Charitable Contributions and State Tax Credits

The Tax Cuts and Jobs Act passed and signed into last year limits the deduction for state, local and real estate taxes to a total of $ 10,000 per return. The New Jersey legislature passed, and Governor Murphy signed the legislation to allow municipalities to set up charitable funds to allow residents

... Continue Reading

By: LSteinberg | May 25, 2018

The IRS Versus the FEDS

When Congress passed and President Trump signed the 2017 “The Tax and Jobs Act” this new law limits the taxpayer’s itemized deductions for State and Local Taxes and Real Estate Taxes to no more than $10,000. High tax states like California, New York, New Jersey, Illinois, and Connecticut are looking

... Continue Reading

By: LSteinberg | August 7, 2015

What’s Really Happening in Tax Return Identity Theft?

Ever wonder how tax return identity theft got to be such a big problem?  Here’s the background. Employers are required to distribute annual W-2 Wage and Income Statements to all employees by January 31st of each year, for the previous year.  This gives the taxpayers enough time to put together their

... Continue Reading
  • « Go to Previous Page
  • Go to page 1
  • Go to page 2
  • Go to page 3
  • Go to page 4
  • Go to Next Page »

Primary Sidebar

Categories

  • Bankruptcy
  • Cannabis
  • Finance
  • identity theft
  • IRS
  • Law
  • phishing
  • Tax Fraud
  • Tax Insights
  • Taxes

Footer

Steinberg Enterprises, LLC

Your financial future is our first priority

Leonard Steinberg, EA, CMC
(609) 443-0469

186 Princeton-Hightstown Road
Building 3A, Suite 9
West Windsor, NJ 08550

Schedule a Consultation

Get started achieving your financial goals today!

Contact us at (609) 443-0469 for a consultation

Navigation

  • Home
  • About
  • Small Business
  • Nonprofits
  • Individuals
  • Pay My Bill
  • Our Services
  • Tax Insights
  • Worksheets
  • Secure File Transfer
  • Contact

© 2020 Steinberg Enterprises, LLC | Web Services by TAG Online, Inc.

MENU
  • Home
  • About
  • Clients Served
    • Small Business
    • Nonprofits
    • Individuals
  • Services
    • Tax Representation and Advocacy
    • Tax Planning
    • Tax Preparation
    • Accounting, Payroll, Bookkeeping
    • Confidential Bill Paying Services
    • Management Consultant
    • Mediation Services
    • Estate Administration
  • Tax Insights
    • Secure File Transfer
    • News & Articles
    • Tax Insights Blog
    • Tax Tips Newsletter
  • Worksheets
  • Client Portal
    • Secure File Transfer
    • Pay My Bill
  • Contact

Sign up for our emails and receive your Personal Data Diary

* indicates required