Wasserman Accounting CPAs

Wasserman Accounting CPAs An accounting firm servicing businesses, trusts, estates and individuals with all their tax and accounting needs.

One of the most overlooked tax issues we see: W-4s that haven't been updated in years. Life changes β€” marriage, divorce,...
05/26/2026

One of the most overlooked tax issues we see: W-4s that haven't been updated in years.

Life changes β€” marriage, divorce, a new child, a side business, a significant income jump β€” all affect your withholding. When your withholding doesn't match your actual tax liability, the result is either a large April bill plus an underpayment penalty, or an oversized refund (which is just an interest-free loan to the IRS).

The fix is quick: use the IRS Tax Withholding Estimator, fill out a new W-4, hand it to HR. Done.

Or have a CPA run the numbers and tell you exactly what to enter.
🌐 https://www.wassermanaccounting.com/

Quarterly estimated taxes are one of the most confusing parts of being self-employed or running a business. The core con...
05/22/2026

Quarterly estimated taxes are one of the most confusing parts of being self-employed or running a business.

The core concept is simple: since there's no employer withholding, you pay taxes four times a year instead of once. Miss a payment and you owe an underpayment penalty β€” currently around 8% annually on the unpaid amount.

The safe harbor rule makes it manageable: pay at least 100% of last year's total tax liability across four equal installments and you avoid penalties no matter what you owe in April.

If you're not sure what your payments should be, we calculate exact quarterly estimates for our clients. No guessing.
🌐 https://www.wassermanaccounting.com/

After years of working with business owners, we've seen the same five tax mistakes come up again and again. Mixing perso...
05/19/2026

After years of working with business owners, we've seen the same five tax mistakes come up again and again.

Mixing personal and business finances. Skipping quarterly estimated payments. Misclassifying contractors vs. employees. Staying in the wrong entity structure. And only thinking about taxes in April β€” when most opportunities are already gone.

None of these are unusual. None of them are complicated to fix. They just require knowing what to look for.

If any of these sound familiar, a strategy review is worth your time.
🌐https://www.wassermanaccounting.com

The cost of messy books shows up in ways most business owners don't expect. Cleanup fees at tax time ($500–$3,000). Miss...
05/14/2026

The cost of messy books shows up in ways most business owners don't expect.

Cleanup fees at tax time ($500–$3,000). Missed deductions that were never documented. Loan denials because the financials looked unreliable. Decisions made on numbers that were wrong.

Clean monthly bookkeeping solves all of that - not just at tax time, but year-round.

We handle bookkeeping for business owners who want accurate numbers every month, not just in April. If your records aren't where they should be, let's fix that now.
🌐 https://www.wassermanaccounting.com

The LLC vs. S-Corp question comes up in almost every strategy conversation we have with small business owners. Here's th...
05/11/2026

The LLC vs. S-Corp question comes up in almost every strategy conversation we have with small business owners.

Here's the short answer: if you're netting under $60K, an LLC is usually fine. Above that, especially above $80K, an S-Corp election typically saves you $5,000–$10,000 per year in self-employment tax.

At $120K net profit, the savings are around $7,650 annually. Over 10 years, that's $76,500 in your pocket instead of the IRS's. The switch involves payroll setup and additional filings, but the math almost always wins.

Happy to run your specific numbers β€” just reach out.
🌐 https://www.wassermanaccounting.com/

The deductions most business owners miss aren't exotic β€” they're straightforward line items that get overlooked because ...
05/07/2026

The deductions most business owners miss aren't exotic β€” they're straightforward line items that get overlooked because no one pointed them out.

Home office space. Business mileage. Self-employed health insurance premiums. Retirement contributions. Software subscriptions. Business meals (50%). Professional development.

The list is longer than most people realize, and each one reduces your taxable income directly.

We review deductions as part of every client engagement at Wasserman Accounting. One review often finds $2,000–$8,000 in missed deductions.

Worth a conversation.
🌐 https://www.wassermanaccounting.com

Most business owners file their return and never look at it again. That's a mistake. πŸ“Š Your tax return isn't just paperw...
05/05/2026

Most business owners file their return and never look at it again. That's a mistake. πŸ“Š

Your tax return isn't just paperwork. It's a financial snapshot of your business β€” what you actually kept, where your money went, and how your numbers compare to last year.

Swipe to see exactly what your return reveals and why it matters beyond April. ➑️

Post-tax season is the perfect time to get proactive about next year.A mid-year check-in with your CPA is one of the hig...
04/30/2026

Post-tax season is the perfect time to get proactive about next year.

A mid-year check-in with your CPA is one of the highest-ROI things a small business owner can do. Here's what it includes:
πŸ“Š Tax projection for the rest of 2026
πŸ’° Estimated payment calculation (so you never underpay)
πŸ”Ž Deduction maximization review
πŸ“ Bookkeeping health assessment
πŸ—ΊοΈ Year-end tax strategy roadmap
We find issues in June that would have cost you thousands in April.

At Wasserman Accounting, we offer mid-year reviews specifically designed to keep your tax bill as low as possible and eliminate April surprises.
πŸ“… Limited spots available. Book your check-in today.
πŸ”— wassermanaccounting.com

Be honest β€” how many of these apply to you? πŸ‘‡Sign  #1: Tax season fills you with stress and dreadSign  #2: You own a bus...
04/27/2026

Be honest β€” how many of these apply to you? πŸ‘‡

Sign #1: Tax season fills you with stress and dread
Sign #2: You own a business
Sign #3: You have income from multiple sources
Sign #4: You've received IRS letters or penalties before
Sign #5: You're not sure what you even qualify to deduct
If even ONE of these sounds familiar, it's time to talk to a CPA.

πŸ“… Book a free consultation
πŸ”— wassermanaccounting.com

Plot twist: the best tax moves happen in months that aren't April πŸ—“οΈSwipe to see what smart business owners do in Q1, Q2...
04/23/2026

Plot twist: the best tax moves happen in months that aren't April πŸ—“οΈ
Swipe to see what smart business owners do in Q1, Q2, Q3, and Q4 to minimize what they owe and stop living in annual panic mode πŸ‘‰
Spoiler: it all starts with one call.

πŸ“… Book a strategy session with our team.
πŸ”— wassermanaccounting.com

Address

105 Creek Crossing Boulevard
Hainesport, NJ
08036

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