Skip to main content Skip to content

Search ProAxis

Tax & Accounting Insights for NJ Business Owners

Expert guidance on NJ tax law, business accounting, financial strategy, and IRS updates — written by licensed CPAs for Bergen County business owners.

Most of what gets written on tax-and-accounting blogs is either too generic to be actionable or too aggressive to be safe. The articles below are written by our CPAs for the audience we actually serve: small-to-mid-size business owners, executives with equity compensation, and high-income individuals across the NY/NJ/PA tri-state corridor. We write when there is something specific to say — a recurring problem we have watched clients run into, a misunderstood corner of NJ or NY tax law, a federal change that meaningfully affects small-business cash flow, or a planning move that we wish more business owners knew about earlier in their company's life cycle.

Topics we cover most often: outsourced bookkeeping pricing and what actually drives the cost; the difference between a bookkeeper and CPA-supervised bookkeeping (and when each is the right fit); NJ SALT workaround mechanics, including the BAIT election; S-Corp election timing and reasonable-compensation analysis; multi-state tax allocation for commuters and remote workers; tax-deadline planning around April 15 and the quarterly-estimate calendar; and the recurring entity-structure questions that come up when a sole-proprietor business grows into something that should be an LLC, an S-Corp, or a partnership. None of the articles are generic. If something here applies to your situation but the specifics do not match, that is a sign your situation deserves a CPA conversation rather than a blog post.

A note on what we deliberately do not publish. We do not write tax-strategy clickbait promising eye-popping savings from positions that would not survive an audit. We do not republish IRS press releases as our own analysis. We do not maintain a content calendar that forces an article a week regardless of whether we have something useful to say. The articles here exist because a client asked a good question, a tax-law change deserves a written explanation, or a specific mistake recurs often enough that a public reference saves everyone time. If you are reading this looking for a particular topic and we have not covered it yet, that is genuinely useful feedback — reach out and we will either point you to the right primary source or write the piece.

All Articles

Comparing the best CPA firms in Bergen County NJ — honest 2026 local guide
Business Advice

The Best CPA Firms in Bergen County, NJ (2026): An Honest Local Comparison

Seven established Bergen County CPA firms compared by specialty — small business, real estate, dental, audit, IRS help — with open criteria and full disclosure.

Jul 2, 2026 9 min
Comparing the best dental CPA and accounting firms in New Jersey — honest 2026 guide
Business Advice

The Best Dental CPA & Accounting Firms in New Jersey (2026): An Honest Comparison

Six New Jersey dental CPA specialists compared honestly — practice accounting, per-provider P&L, associate 1099/W-2 rules, transitions, and S-corp planning.

Jul 2, 2026 8 min
Comparing the best real estate CPA and accounting firms in New Jersey — honest 2026 investor guide
Business Advice

The Best Real Estate CPA & Accounting Firms in New Jersey (2026): An Honest Investor's Comparison

Six New Jersey real estate CPA specialists compared honestly — rentals, 1031 exchanges, cost segregation, REPS, developers, and property managers.

Jul 2, 2026 8 min
A New Jersey business owner reviewing trust documents and a calculator labeled ING trust — whether incomplete-gift non-grantor trusts work for NJ residents before a business sale, explained by ProAxis CPA, Bergen County NJ
Tax Planning

ING Trusts and New Jersey Tax in 2026: Do They Work Before a Business Sale?

Do ING trusts work for NJ residents before a business sale? Where NJ law stands in 2026, New York's clawback, IRS no-rule risk, and what to model first.

Jun 30, 2026 11 min
A New Jersey retiree's kitchen table with a pension statement, Form NJ-1040, and a calculator showing the $150,000 income cliff in the NJ retirement income exclusion — explained by ProAxis CPA, Bergen County NJ
Tax Planning

NJ Retirement Income Exclusion in 2026: The $150,000 Cliff and How Retirees Plan Around It

NJ's retirement income exclusion shelters up to $100,000 — until one extra dollar past $150,000 erases it. How the 2026 cliff works and planning levers.

Jun 30, 2026 10 min
A New Jersey startup founder reviewing stock certificates and a calculator labeled QSBS Section 1202 — how New Jersey taxes qualified small business stock gains in 2026, explained by ProAxis CPA, Bergen County NJ
Tax Planning

QSBS in New Jersey: Does NJ Tax Section 1202 Gains in 2026, and What Did OBBBA Change?

QSBS gains and NJ tax in 2026: New Jersey now excludes Section 1202 gains from Gross Income Tax. See the conformity law, OBBBA tiers, and timing traps.

Jun 30, 2026 10 min
A stethoscope, a house key, and an hour log side by side — real estate professional status and the short-term rental route for NJ W-2 physicians, explained by ProAxis CPA, Bergen County NJ
Tax Planning

REPS or the Short-Term Rental Route? A 2026 Guide for NJ W-2 Physicians and High Earners

Real estate professional status vs the short-term rental route for NJ W-2 physicians: the 750-hour test, the 7-day rule, hour logs, and audit posture.

Jun 30, 2026 11 min
A vesting schedule, stock shares, and New York and New Jersey tax forms on a desk — RSU taxes when you work in New York and live in New Jersey, explained by ProAxis CPA, Bergen County NJ
Tax Planning

RSU Taxes When You Work in New York and Live in New Jersey: Who Taxes Your Vest?

RSU tax when you work in NY and live in NJ: New York's grant-to-vest allocation, the Schedule NJ-COJ credit, and the under-withholding trap at vest.

Jun 30, 2026 9 min
A New Jersey business owner reviewing a sale agreement and a calculator labeled asset sale vs stock sale — the taxes on selling a business in New Jersey, including Form C-9600 and the 10.75% rate, explained by ProAxis CPA, Bergen County NJ
Tax Planning

Selling a Business in New Jersey: Asset Sale vs. Stock Sale Taxes, the C-9600, and the 10.75% Problem

Selling a business in NJ? Compare asset vs stock sale taxes, avoid the C-9600 bulk sale trap, and plan for NJ's 10.75% ordinary-income rate on gains.

Jun 30, 2026 11 min
A Bergen County small business owner and a bookkeeper reviewing profit-and-loss reports and accounting software on a laptop at a clean office desk — outsourced and virtual bookkeeping for NJ small businesses by ProAxis CPA
Bookkeeping

Bookkeeping in Bergen County, NJ: A 2026 Guide for Small Business Owners

What Bergen County small businesses need to know about bookkeeping in 2026 — what a bookkeeper does, when to outsource, local vs. virtual, what to look for, and what good books cost.

Jun 28, 2026 9 min
A New Jersey law firm desk with an accounting ledger, a bookkeeping spreadsheet on a laptop, brass scales of justice, and labeled client trust folders — attorney trust account and IOLTA bookkeeping explained by ProAxis CPA, Bergen County NJ
Business Advice

Attorney Trust Accounts in NJ: The Bookkeeping Behind IOLTA Compliance

NJ lawyers must keep an attorney trust account under R. 1:21-6 and RPC 1.15, with a monthly three-way reconciliation. Here is the bookkeeping that keeps you compliant.

Jun 28, 2026 9 min
A home-office laptop and tax documents on a desk by a window overlooking a city skyline across a river at golden hour — NJ/NY remote-work two-state taxes and the convenience-of-the-employer rule, explained by ProAxis CPA
Tax Planning

Working Remotely Across the NJ/NY Line? You May Owe Tax in Two States

Live in NJ and work remotely for a NY employer (or the reverse)? NY's convenience rule, NJ's matching rule, and the resident credit decide who taxes your home-office days.

Jun 28, 2026 9 min
A restaurant server holding a tray with a printed check, folded cash tips, and a glass tip jar in a warm dining room — the 'no tax on tips' deduction for NJ restaurants and tipped staff, explained by ProAxis CPA
Tax Planning

'No Tax on Tips' in NJ: What Restaurant Owners and Tipped Staff Get in 2026

'No tax on tips' is a federal income-tax deduction up to $25,000 for 2025–2028 — but FICA still applies and New Jersey does not conform. Here is what NJ servers and restaurants actually get.

Jun 28, 2026 8 min
An online seller's workspace with a store dashboard on a laptop, sealed shipping boxes, and a US map with location pins across several states — multi-state income tax nexus and the FBA inventory trap for online sellers, by ProAxis CPA
Tax Planning

Online Sellers: When Do You Owe Income Tax in Other States?

Online sellers can owe income tax — not just sales tax — in states they have never visited. FBA inventory, economic nexus, and the limits of P.L. 86-272 decide where you file.

Jun 28, 2026 9 min
Dental practice owner reviewing the NJ ABC test compliance checklist — Prong A control, Prong B course of business, Prong C independent trade — with W-2 vs 1099 folders and the October 1, 2026 NJDOL deadline
Business Advice

1099 Dental Associates in NJ: Most Are Really W-2 Employees Under the ABC Test

New Jersey's ABC test makes most 1099 dental and medical associates W-2 employees. New NJDOL rules become operative October 1, 2026. Here is what practices need to fix.

Jun 10, 2026 9 min
An e-commerce store dashboard on a laptop with shipping boxes, a payment app, and a Form 1099-K beside a glowing $20,000 figure — the restored 2026 reporting threshold explained by ProAxis CPA
Tax Planning

Form 1099-K in 2026: The $600 Panic Is Over — Here's What Online Sellers Actually Owe

OBBBA retroactively restored the 1099-K threshold to $20,000 and 200 transactions. What Shopify, Amazon, eBay, Poshmark, and Venmo users actually owe in 2026.

Jun 10, 2026 8 min
NJ contractor sales tax illustration — a stack of construction materials with a price tag balanced against an installation-services labor invoice, showing materials vs labor taxability — ProAxis CPA, Bergen County NJ
Tax Planning

NJ Contractor Sales Tax: Materials vs. Labor, Capital Improvement vs. Repair

Do NJ contractors charge sales tax on labor? Usually yes. How materials, repairs, capital improvements, and the Form ST-8 exemption actually work in New Jersey.

Jun 10, 2026 9 min
A stethoscope and calculator beside coin stacks labeled Salary and Distribution — S-corp reasonable compensation for NJ physicians and dentists, explained by ProAxis CPA
Tax Planning

S-Corp Reasonable Salary for NJ Physicians and Dentists: 2026 Rules, Myths, and the Math

How NJ physicians and dentists set a defensible S-Corp salary in 2026 — the IRS factors, the 60/40 myth, payroll-tax math, the QBI trade-off, and the NJ BAIT angle.

Jun 10, 2026 10 min
A sold New Jersey home with house keys, a wallet, and a calculator labeled NJ Exit Tax and NJ Mansion Tax — the taxes owed when selling NJ property, explained by ProAxis CPA, Bergen County NJ
Tax Planning

NJ Exit Tax and Mansion Tax in 2026: What Home Sellers Actually Pay

The NJ 'exit tax' is not a real tax — it's a prepayment. Here's how the 2026 mansion tax, Realty Transfer Fee, and GIT/REP rules work when you sell.

Jun 7, 2026 12 min
One Big Beautiful Bill Act 2026 tax-provisions document beside a New Jersey small-business storefront and calculator with the U.S. Capitol behind — ProAxis CPA Bergen County NJ
Tax Planning

One Big Beautiful Bill (OBBB) Tax Provisions for NJ Businesses in 2026: What's Changed and What to Do Now

The OBBB Act (P.L. 119-21) brings major business tax changes for NJ owners. Bonus depreciation, R&D expensing, QBI made permanent, and NJ GIT decoupling explained.

May 27, 2026 14 min
A June 2026 calendar with the 15th circled beside a Form 1040-ES Q2 payment voucher, clock, and calculator — the quarterly estimated tax deadline explained by ProAxis CPA, NJ
Tax Planning

NJ Q2 2026 Estimated Tax Payments: June 15 Deadline, Forms, and Safe Harbors Explained

Second-quarter 2026 federal and NJ estimated tax payments are due June 15. Form 1040-ES, NJ-1040-ES, BAIT PTE-150, and CBT-150 mechanics for NJ owners.

May 27, 2026 9 min
A tidy desk with a laptop showing an organized accounting dashboard, labeled quarterly report folders, a financial statement, glasses, and a calculator — comparing DIY, a freelance bookkeeper, and CPA-supervised bookkeeping for NJ, NY, and PA small businesses, by ProAxis CPA
Bookkeeping

Bookkeeper vs CPA-Supervised Bookkeeping vs DIY: How NJ Small Businesses Should Decide in 2026

Bookkeeper vs CPA vs DIY bookkeeping: a real comparison of cost, accuracy, tax-readiness, and audit-defensibility for NJ, NY, and PA small businesses in 2026.

Apr 30, 2026 11 min
A desk with a printed monthly services overview, a calculator, a laptop showing a simple fee-comparison bar chart, glasses, and a pen — what outsourced bookkeeping costs in 2026 for NJ, NY & PA small businesses, by ProAxis CPA
Bookkeeping

How Much Does Outsourced Bookkeeping Cost in 2026? A Real Pricing Guide for NJ, NY & PA Small Business Owners

Real outsourced bookkeeping pricing for 2026 — what monthly bookkeeping actually costs by business size, industry, and complexity. Tri-State CPA-led ranges with no hidden fees.

Apr 29, 2026 14 min
An open notebook with a handwritten checklist beside a coffee cup, glasses, and a laptop on a bright desk — the questions to ask when choosing a CPA in Bergen County NJ before you hire, by ProAxis CPA
Business Advice

How to Choose a CPA in Bergen County NJ: 7 Questions to Ask Before You Hire

Choosing the right CPA in Bergen County NJ is one of the most important decisions for your business finances. Here's exactly what to look for — and what red flags to avoid.

Apr 14, 2026 8 min
A hand highlighting a business expense summary beside a binder of organized receipts, a calculator, and a laptop — the complete 2026 guide to NJ small business tax deductions for LLCs, S-Corps, and sole proprietors, by ProAxis CPA
Tax Planning

NJ Small Business Tax Deductions 2026: The Complete Guide for NJ Business Owners

Maximize your NJ and federal tax deductions in 2026. This complete guide covers the top small business tax deductions available to New Jersey LLCs, S-Corps, and sole proprietors.

Apr 7, 2026 10 min
A desk calendar with April 15 circled in red beside a clock, a tax return document, and coffee — last-minute filing strategies and free extension options to beat the April 15, 2026 deadline, Bergen County NJ, by ProAxis CPA
Tax Planning

Last-Minute Tax Filing: 16 Days to Beat the April 15, 2026 Deadline

Running out of time to file your 2025 return? Discover critical last-minute strategies, free extension options, and how ProAxis CPA can maximize your refund before April 15th.

Mar 29, 2026 9 min
Two labeled folders — 'S-Corp' and 'LLC' — side by side on a desk with a calculator, glasses, and a pen — comparing which structure saves more New Jersey business tax in 2026, by ProAxis CPA, Bergen County NJ
Tax Planning

S-Corp vs. LLC in New Jersey: Which Structure Saves More Tax in 2026?

Choosing between an S-Corp and LLC in New Jersey has major tax implications. A Bergen County CPA breaks down self-employment tax savings, NJ-specific rules, and when the S-Corp election makes sense in 2026.

Mar 23, 2026 10 min
A tax strategy report folder with a calculator, a pen, glasses, and a laptop showing an upward trend chart on a desk — 2026 NJ SALT deduction cap changes and BAIT election planning for business owners, by ProAxis CPA
Tax Planning

NJ SALT Tax Changes in 2026: What Business Owners Need to Know

The federal SALT deduction cap is set to expire in 2026. NJ business owners must understand BAIT elections and SALT planning strategies before year-end.

Feb 28, 2026 9 min
A modern desk by a bright window with a laptop showing a cloud accounting dashboard, a smartphone finance app, coffee, and a plant — why Bergen County business owners are switching to virtual, technology-first CPA firms, ProAxis Tax & Accounting Services
Business Advice

Why Bergen County Business Owners Are Switching to Virtual CPA Firms

Bergen County businesses are ditching traditional accounting firms for virtual CPAs. Discover the benefits of a technology-first CPA firm for NJ businesses.

Feb 9, 2026 7 min

Have a Tax Question Not Covered in Our Blog?

Schedule a free consultation with our Bergen County CPA team for personalized guidance on your specific situation.