Tax and Financial Planning
for consumers and small business owners

The New Jersey Society of Certified Public Accountants (NJCPA) represents more than 15,000 CPAs and aspiring CPAs. Below you will find guidance and information to help you manage your day-to-day finances, minimize your taxes and meet your long-term financial goals.




Budgeting, Saving and Investing

Don’t Have a Budget? You Are Wasting Your Hard-Earned Money

Posted: July 13, 2016
Don’t Have a Budget? You Are Wasting Your Hard-Earned Money Getting up to speed with your budgeting allows you to see where you stand so far and make solid financial plans for the rest of the year. We answer five questions that explain why budgeting matters and how to get started on the right foot.


College Planning

What to Know Before You Take Out a Student Loan

Posted: July 27, 2016
What to Know Before You Take Out a Student Loan Student loan arrangements can have unforeseen, long-lasting implications for a family's financial future. Here are some of the most important things you need to know before you or your children take out a student loan.



Retirement Planning

Pension Planning: Choosing a Lump Sum or an Annuity

Posted: April 26, 2016
Pension Planning: Choosing a Lump Sum or an Annuity Should you take your pension in a lump sum or as an annuity payment? Here's how you can determine whether getting a monthly stream of payments for life or getting a large cash payment is right for you (and your spouse).



Tax Tips

Tax Rules for Renting to a Relative

Posted: July 28, 2016
Tax Rules for Renting to a Relative When you rent a home to a relative, such as a spouse, child, grandchild, parent, grandparent, or sibling, any day rented at less than the fair rental price is considered a personal use day. To avoid having the rental days considered personal days, the property must be rented at fair market rates and be the renter’s principal residence.



Small Businesses

The Small Business Health Care Tax Credit: Seven Tax Tips for Employers

Posted: April 6, 2016
The Small Business Health Care Tax Credit: Seven Tax Tips for Employers Do you own a small business or run a tax-exempt organization with fewer than 25 full-time equivalent employees? If you do, the Small Business Health Care Tax Credit can help you provide insurance to your employees.