The Bottom Line
The Bottom Line is where Klatzkin’s advisors provide analysis and insight into key developments in taxation, accounting, and other issues and how they affect businesses and individual taxpayers.

Preparing for an Audit in a Virtual Environment

Audit, COVID-19, Nonprofits

The COVID-19 pandemic has affected nearly every aspect of daily life, so preparing for your company or nonprofit organization’s audit may have some significant differences this year, considering the remote environment that many of us are working in today.

Read More >>

Event Recap: 2021 Central NJ Real Estate Forecast

COVID-19, Real Estate

I recently attended the Princeton Mercer Regional Chamber’s 8th Annual 2021 Central NJ Real Estate Forecast. I joined nearly 300 others virtually for a very insightful discussion from some of the industry’s top experts.

Read More >>

Fundraising in the Era of COVID-19

Nonprofits

The COVID-19 pandemic has left an indelible impression on American businesses, and nonprofit organizations are no exception. Adapting to the pandemic has been difficult, but it has also spurred innovation.

Read More >>

PPP Loan Accounting Guidance for Nonprofits

COVID-19, COVID-19 Business Loan & Grant Program, Nonprofits, Paycheck Protection Program

Paycheck Protection Program (PPP) loans have been a lifeline for many nonprofit organizations during the COVID-19 pandemic. Along with these much-needed funds comes the question of how to account for the loan proceeds and subsequent forgiveness of the loan.

Read More >>

Tax Preparation Checklist

Tax

With 2020 now in the rearview mirror, it’s a good time to start thinking about the documents you’ll need to prepare your tax return.  It can be a lot to keep track of, so we’ve provided a handy checklist of documents to keep an eye out for or to start collecting over the next couple of weeks, as the 2021 tax filing season officially kicks off on February 12th.

Read More >>

PPP Loan Maximum Calculations for Nonprofits

COVID-19, COVID-19 Business Loan & Grant Program, Nonprofits, Paycheck Protection Program

The Consolidated Appropriations Act, 2021, created many new opportunities for New Jersey and Pennsylvania-area nonprofit organizations.

Read More >>

2021 Employee Retention Tax Credit Means More Savings

COVID-19 Tax Incentives & Planning, Tax

The financial and operational challenges presented by the COVID-19 pandemic continue to persist into another year. The seemingly endless number of government orders has forced many to operate in a limited capacity, or in some cases, close altogether.

Read More >>

PPP Loan Accounting Guidance for Business Entities

COVID-19, COVID-19 Business Loan & Grant Program, Paycheck Protection Program

Paycheck Protection Program (PPP) loans have been a lifeline for many businesses during the COVID-19 pandemic. Along with these much-needed funds comes the question of how to account for the loan proceeds and subsequent forgiveness of the loan.

Read More >>

COVID-19 Relief Opportunities for Nonprofit Organizations

COVID-19, COVID-19 Business Loan & Grant Program, Nonprofits, Tax

The COVID-19 pandemic has created new operational and financial challenges for many businesses, including nonprofit organizations.

Read More >>

15 Signs That You Need a New Accountant in 2021

Advisory, Tax

Business owners rely on their accountant to file taxes, provide them with reliable financial advice, and guide them on how to grow and operate their business.  Working with the right accountant can make a big difference in the economic well-being of your business. 

Read More >>

By Date

Receive Blog Updates

Contact Us

  • This field is for validation purposes and should be left unchanged.