Goldstein & Loggia CPA's, LLC

05/28/2026

NJ employers must now report ALL employee separations electronically through the Employer Access portal, including layoffs, terminations, resignations, and retirements. Failure to comply may result in penalties.

Employers must register for Employer Access using the authorization code included in the annual assessment bill mailed in mid-August. Registration requires a valid email address and applies to businesses required to file Forms NJ927 and WR30.

https://www.nj.gov/labor/ea/employer-services/register-update/employeraccess.shtml?utm_source=govdelivery&utm_medium=email&utm_campaign=20251217_nwsltr&utm_content=biz&utm_term=reg

05/08/2026

As tax returns are processed, taxpayers may either receive refunds or be responsible for any balances due. The IRS has recently issued a number of CP53E notices that may cause confusion for taxpayers. These notices reference “missing direct deposit information,” even in cases where a tax return reflects a balance due rather than a refund.

This is an IRS system-generated message tied to missing banking information, not the taxpayer’s actual outcome.

Some notes:

* The CP53E notice is legitimate, not a scam, despite the notice having a QR code.

* The IRS is eliminating refund checks and might be a reason this notice was inadvertently sent to many taxpayers in error.

* Action is not needed.

Proactive taxpayers can log in to their IRS online accounts and enter their direct deposit or withdrawal information. Note that taxpayers have 30 days to update or add bank account information upon receiving a notice.

04/22/2026

With Tax Day 2026 behind us, it's time to look ahead to your refund. Check out these helpful links:

IRS - https://lnkd.in/gDxuJ7mv
NJ - https://lnkd.in/eZU6b7BF
NY- https://lnkd.in/g6v6xHU
PA - https://lnkd.in/ee8Ys5ji

For any other state, this link should do the trick - https://lnkd.in/e8aGsxfK

03/18/2026

We may be a day late, but we make sure you refund isn’t a dollar short! ☘️💰

02/23/2026

Because snow days don’t apply to tax deadlines!

02/14/2026

02/14/2026

Important update for NY employers and employees — the state has announced its minimum wage adjustments, effective January 1, 2026.

General minimum wage

NYC, Suffolk, Nassau & Westchester Counties (NYC)
$17.00 per hour (up $0.50)
All other areas of the state
$16.00 per hour (up $0.50)

Industry-specific minimum wages

Tipped hospitality service workers
$14.15 (NYC) & $13.30 (NYS)
Tipped hospitality food service workers
$11.35 (NYC) & $10.70 (NYS)
Home care aides
$19.65 (NYC) & $18.65 (NYS)

Employers and employees should review pay rates now to ensure they reflect the new minimum wage increases.

02/12/2026

May the refunds be with you! Let Goldstein & Loggia be your New Hope for a smooth tax season.

01/20/2026

📢 New York Employers: If you’ve been in business 2+ years, have 10+ employees, and don’t offer a qualified retirement plan, you’re required to provide one.

The NY State Secure Choice Savings Program is a no-cost option for employers. No employer match is allowed, and employee participation is voluntary. Contributions go into a Roth IRA.

Learn more: www.NewYorkSecureChoice.com

https://mailchi.mp/agcpa/new-title-12932955

01/13/2026

👶Employers: Offering a Dependent Care FSA helps employees cover child care with pre-tax contributions. Limits rise from $5K → $7.5K in 2026.

Contributions reduce income & payroll taxes; withdrawals for qualified expenses are tax-free. Tax credits exist if no FSA is offered, but FSAs often save more.

Need help deciding? Reach out to our team!

01/06/2026

🏠 Selling your primary home? If you owned and lived in it for 2 of the last 5 years, up to $250,000 of gain ($500,000 for joint filers) may be tax-free.

Example: A married couple sells for $900K, bought for $250K. After the $500K exclusion, taxable gain is $150K — and can be reduced further by eligible improvements and closing costs.

Need help calculating your gain or navigating exceptions? Reach out to our team.

https://mailchi.mp/agcpa/new-title-12932433