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Your Operating Agreement Is a Tax Document. Treat It Like One.
Most business owners think of their operating agreement as a legal formality. It was something you signed at the business formation and filed away. Maybe you formed as a sole proprietor years ago and never even created an operating agreement document when you added a partner or shareholder. That’s a mistake. For tax purposes, your…
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New Jersey Ranks as Top Spot to Achieve the American Dream
New Jersey is ranked #1 for upward mobility. In a recent publication scoring all fifty states on factors including percentage of college degrees, number of foreign-born residents, average debt, average salary, life expectancy, and percentage of home ownership to determine which state offered the best opportunity for career advancement and success. These rankings scored New Jersey…
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NJ Property taxes: choose your battles wisely
The NJ State Health Benefits Program for Local Governments was hit with a recommended 36.5% rate increase for 2026. Our small city of Millville revealed that its health insurance premium rose 50% since last year before switching plans. Rural Downe Township is dealing with a shock ambulance cost increase of over 300%.These costs land directly…