Sarinelli & Associates Certified Public Accountants & Consultants

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QuickBooks Desktop DISCONTINUES NEW SUBSCRIBERS QuickBooks plans to stop selling several versions to new U.S. subscribers. The deadline to purchase new subscriptions of the listed products is Sept. 30, 2024. Intuit has made a decision that after Sept. 30, 2024, we will no longer sell new subscriptions of the following products: QuickBooks Desktop...

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New Federal Reporting Requirement for Beneficial Ownership Information (BOI) New Federal Reporting Requirement for Beneficial Ownership Information (BOI)

Merry Christmas and Happy Holidays!!

Merry Christmas and Happy Holidays!!

Sarinelli & Associates is a full-service tax, accounting, bookkeeping and consulting firm. We hold ourselves to the highest level of professional standards. Servicing the community for over 40 years, our reputation for excellence is the foundation of our firm.

Looking for a dependable, organized and detail-oriented individual with a willingness to learn and perform tax return preparation and review of various Partnerships, Corporations and complex individuals. Data entry and bookkeeping for various assigned small business clients. Various office duties related to client product on a part-time / full-time basis for an accounting practice in Succasunna NJ.

Duties and responsibilities entail the following (not limited to):

Prepare and review of Federal and State tax returns for Partnerships, Corporations and Individuals. (Working knowledge of Lacerte tax systems preferred but not required)
Develop and implement strategic tax planning for all necessary Federal and State taxes
Prepare and review tax returns and quarterly / yearly tax projections
Stay current on legislative and regulatory tax law developments
Data entry in accounting software (QuickBooks).
Bank reconciliations, general ledger review, journal entries, QuickBooks reports, payroll, and other accounting tasks
Maintaining books and records for various small businesses.
Answering phones and communicating with clients in a respectful and professional manner
Other various office and operational functions.
Qualifications:

Detail-oriented with proven skills when it comes to organization and prioritization.
Tax Preparation: 3 years minimum (Required)
Bookkeeping: 8 years minimum (Required)
QuickBooks: 8 Years minimum (Required)
Working knowledge of Tax code, compliance and procedures for Individuals, Partnerships and Corporations
Familiarity with U.S. Federal, State, and Local reporting requirements
Intermediate skills with Microsoft Office: Word and Excel.
Effective communication skills.
Ability to quickly learn internal processes.
Ability to work with a team in a professional and respectful manner
Education:

· Bachelor’s Degree (Required)

· Accounting / Business Major (Required)

Work Location:

· Office located on Route 10 in Succasunna, NJ

· Working Remotely NOT AVAILABLE

Compensation:

· Based on experience $26 - $32 an hour

Job Types: Part-time, Full-time

Ability to commute/relocate:

Succasunna, NJ 07876: Reliably commute or planning to relocate before starting work (Required)

Education:

Bachelor's (Required)
Experience:

Tax accounting: 3 years (Required)
Bookkeeping: 8 years (Required)
Work Location: In person

Please send all Inquiries and Resumes to:
Hiring Staff
[email protected]
Internal position ONLY, no outsourcing companies.

IRS WARNS ON ERTC CLAIMS!

IRS moratorium on ERTC Claims! The Internal Revenue Service has stopped processing new claims for the Employee Retention Credit as it deals with a surge of dubious claims pushed by so-called ERC mills. Instead, the IRS is encouraging companies to work with qualified tax professionals rather than shady promoters. "We hope this mor...

Merry Christmas and Happy Holidays!!

From our Family to yours Have a safe, health and happy Thanksgiving!

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Businesses Can Seek County COVID Relief Money APPLY TODAY!! The Morris County Board of County Commissioners, in partnership with the Morris County Chamber of Commerce, has dedicated $5 million of its allocated American Rescue Plan Act funding to support our community’s small businesses and nonprofit organizations as they struggle to meet the challenges pos...

Rotary Club of Lake Hopatcong

So happy to be able to support such a great cause through the Rotary Club!! THE WARGO FOUNDATION!

Important changes to the Child Tax Credit What is means for you and why you might want to opt out. Recently, there were changes made to the child tax credit that will benefit many taxpayers. As part of the American Rescue Plan Act that was enacted in March 2021, the child tax credit: Amount has increased for certain taxpayers Is fully refun...

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PPP First & Second Draw PPP First & Second Draw

The Employee Retention Credit (ERC) NEW RULES! Businesses may now be eligible for the Employee Retention Tax Credit (ERC) under the changes made in The Consolidated Appropriations Act that was signed into law on December 27, 2020. Under the new law businesses that accepted funds from the Paycheck Protection Program (PPP) are now able to claim th...

PPP2, Time to file. As we mentioned things are changing fast as the SBA gets ready to receive applications for a second round of funding through the PPP program. We have a short video with some explanation that was sent last week. If you did not see it, it is available here PPP 2.0 Video or on our website www.Sarinelli...

PPP2, Ready to file? As we mentioned things are changing fast as the SBA gets ready to receive applications for a second round of funding through the PPP program. We have a short video with some explanation that was sent last week. If you did not see it, it is available here PPP 2.0 Video or on our website www.Sarinelli...

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PPP 2.0

NEW STIMULUS BILL PASSES Congressional negotiators finally agreed on a new $900 billion Covid relief package including new round of direct payments to individuals and a 2nd round of PPP Loans for struggling businesses while addressing the deductibility of the first round of PPP Loan forgiven funds. A few Highlights of the B...

IRS Denies Deductions for Expenses Paid with Forgiven PPP Loans With the funds long since spent to keep their businesses afloat, borrowers need to be aware of a potential negative tax risk to seeking loan forgiveness under the PPP. According to IRS Notice 2020-32, business expenses that would normally be deductible in computing taxable income may not be deductib...

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October 12, 2020 - YouTube

NJ SMALL BUSINESS EMERGENCY GRANTS The NJDEA has now approved Phase 3 Small Business Emergency Grant Assistance. The program holds a total of $70Million to help small businesses in the state of New Jersey that were most impacted by the pandemic. This includes Restaurants, Micro Business with fewer than 5 employees and Other Business....

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PPP LOAN FORGIVENESS As we approach the end of the 24 week covered period for the PPP Loan Forgiveness it is time to gear up for the forgiveness application. The SBA and treasury department have 3 different loan forgiveness applications, the 3508, 3508ez and 3508S. All of which can be found on the SBA website as well as...

SBA reopens EIDL loan and up to $10K grant program The Small Business Administration on Monday announced all small businesses could again apply for Economic Injury Disaster Loans — as well as free $10,000 advances regardless of the loan’s approval. However if you received any PPP loan money the forgiveness amount will be reduced by the amount of...

PPP Forgiveness Changes The PPP program has had many flaws from the beginning and the forgiveness application posed more questions than answers but finally some good news! A bill passed in the house to ease restrictions on the forgiveness, The House bill, called the Paycheck Protection Flexibility Act, H.R. 7010, extends f...

How to get PPP Loan Forgiveness! So you either received funding or have an application in with the SBA for the PPP Program now how do you get forgiveness? Here is an explanatory video on the current rules for the Debt forgiveness of the PPP Loan. It can also be viewed along with other videos on our website www.SarinelliCPA.com If y...

Paycheck Protection Program Application Available TODAY! The SBA has posted the application online if you have not gotten one from your bank already. Every bank is handling the loans differently and some are requiring you have your banking account set up online so make sure you are ready to work with your bank. If you have seen our video for the calculati...

SBA Loan (PPP) Starting Friday The SBA Loans for the Paycheck Protection Program is going to start accepting applications as of tomorrow Friday April 3rd. If you have not received any of our emails pertaining to this please check your spam folder or visit our website there are some videos and content that explain the loans and wh...

Treasury Department: Small business loans should be available by April 3 Treasury Secretary Steven Mnuchin says small business loans that are part of the recently passed $2 trillion coronavirus relief package should become available by April 3 with approval expected “the same day.” Known as the Paycheck Protection Program. The loans can be applied for through an appr...

https://www.wraltechwire.com/2020/03/31/treasury-department-small-business-loans-should-be-available-by-april-3/

Treasury Department: Small business loans should be available by April 3 | WRAL TechWire Treasury Secretary Steven Mnuchin says small business loans that are part of the recently passed $2 trillion coronavirus relief package should become available by April 3 with approval expected "the same day."