Tax, cash flow, and planning articles for business owners and high-income households in New York and New Jersey — written to be understood, not to impress other accountants.
The SALT deduction cap is $40,400 for 2026, but it phases back to $10,000 for high earners. Here's how the phase-down works and why PTET/BAIT still matters in NY and NJ.
Read the article →The 'STR loophole' is real, but it isn't a loophole — it's two rules that have to be satisfied precisely. Average stays, material participation, cost segregation, and the traps.
Read the article →The S corp election saves self-employment tax — after reasonable compensation, payroll costs, and state quirks. Here's the honest break-even, including why NYC changes the answer.
Read the article →Profit is an opinion about a period. Cash is a fact with a date. Where the money hides — A/R, inventory, debt principal, owner draws, taxes — and the 13-week fix.
Read the article →The federal estate and gift exemption is $15 million per person for 2026 — and 'permanent.' What HNW families in NY and NJ should actually do: state estate tax, basis planning, QSBS, and gifting.
Read the article →Fifteen minutes with an MSH Pro usually answers the "does this apply to me" question.
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