News & Blog

31
Jan
2023

by: Joan Halter in: Small Business Owners in New Jersey tag: nj tax prep, Small Business Owners in New Jersey, tax planning nj

The Inflation Reduction Act & Small Business Owners in New Jersey

Lately, all you hear about on the news is the rising costs of goods and services. As inflation continues to drive prices up, Americans are spending more on everything, from healthcare to energy costs. But a 2023 law is expected to bring savings to many Americans and provide a more stable economy. The Inflation Reduction Act (IRA) will significantly impact […]

23
Jan
2023

by: Joan Halter in: tax pro in South Jersey tag: tax pro in South Jersey

Halter CPA is More than an Accounting Firm: We are Your Go-To Tax Pro in South Jersey

Tax season is upon us. Filing your taxes can require a lot of time and effort. As individuals and businesses begin gathering their financial records and compiling documentation, many will realize they need help to complete this daunting task. The more complex your financial situation is, the more intimidating this task gets. If you are looking for a tax pro […]

31
Dec
2022

by: Adrienne McGuire in: Uncategorized

Small Business in Post-Pandemic Times

You are in good company if you feel like you have constantly been adjusting your business plan since 2020. Many New Jersey small business owners have struggled to adapt their businesses to the pandemic and post-pandemic changes, rising inflation, and the threat of impending recession. With supply-chain problems compounding these issues for some industries, it can seem like the odds […]

09
Dec
2022

by: Joan Halter in: NJ small business, NJ small business owner tag: NJ small business, NJ small business owners

Surviving the Holidays as an NJ Small Business Owner

With the holidays swiftly approaching, many folks are getting swept up in the spirit—and stress!—of the season. If you feel like the last month of the year suddenly requires a significant change of pace, you’re not alone. Some small business owners will spend the next few weeks in a chaotic dash to the end of the year, while others will […]

29
Nov
2022

by: Joan Halter in: business bookkeeping basics tag: business bookkeeping basics

Business Bookkeeping Basics You Shouldn’t Overlook

When it comes to bookkeeping, there are no shortcuts. Even the little details of your finances need to be tracked, recorded, and documented to ensure the success of your business. Good bookkeeping keeps you on track and prepares you for auditing or filing income taxes. Whether you utilize bookkeeping software or do everything the old-fashioned way, getting all the numbers […]

15
Nov
2022

by: Joan Halter in: cash flow crisis tag: cash flow crisis

5 Tips to Survive a Cash Flow Crisis

Cash flow problems are one of the top reasons small businesses fail. A cash flow shortage occurs when your business has more money going out than coming in. You may have trouble paying bills, payroll expenses, and other operating costs during a cash flow shortage. If this goes on long enough, you can find yourself in a cash flow crisis. […]

26
Oct
2022

by: Joan Halter in: New Jersey CPA, post-pandemic financial tips tag: Mullica Hill CPA, post-pandemic financial tips

Our Top Post-Pandemic Financial Tips

Since 2020, many folks have had to reassess their finances due to various effects of the pandemic. Extended unemployment, business closures, social unrest, and economic volatility have impacted many Americans’ personal finances. New Jersey CPA firms and financial advisors have had to adapt their thinking to overcome the unique challenges of these times. Here are five post-pandemic financial tips that […]

13
Sep
2022

by: Joan Halter in: student loan forgiveness plan tag: student loan forgiveness plan

The 2022 Student Loan Forgiveness Plan: What You Should Know

If you are one of the millions of Americans with college debt, you may be wondering how the new student loan forgiveness plan announced by the Biden-Harris Administration will affect you. This article will provide an overview of the plan, what it could mean for you, and how we at Halter CPA can help. The new repayment plan will offer […]

25
Aug
2022

by: Joan Halter in: small business travel expenses tag: small business travel expenses

Keeping Tabs on Your Small Business Travel Expenses

As a small business owner in New Jersey, you know that every deduction counts come tax time. And while you may not think of your travel expenses as deductible, they actually can be – as long as you keep accurate records. The IRS recently released an announcement increasing the optional standard mileage rate for business travel, and while this is […]

22
Jul
2022

by: Joan Halter in: NJ Business Owner tag: accounting tips, NJ Business Owner

NJ Business Owner Tips: Accounting Tasks During Summer

The weather is heating up BIGTIME – the dog days of summer are definitely here! For business owners, that means it’s time to think about some key accounting tasks that will help keep your business in good shape heading into the second half of the year. Here are four essential accounting tasks that you as an NJ business owner should […]