U.S. stock markets experienced a challenging week, with the Dow Jones Industrial Average dropping 2.4%, the S&P 500 down 3.10%, and the tech-heavy Nasdaq losing 3.3%. Small-cap stocks, represented by the Russell 2000, saw a steeper decline of 4.1%.... on
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Identity theft presents a challenge to businesses, organizations and governments, including the Internal Revenue Service. Tax-related identity theft occurs when someone... Read More
As an investor, you may be interested in the IRS regulations concerning losses sustained from abandoned stock or other... Read More
Beginning with tax year 2020, nonemployee compensation will no longer be reported in box 7 on Form 1099-MISC. Instead,... Read More
Question: I’ve heard of Kiddie tax but I’m not sure what it is. Why do children have to pay taxes at... Read More
As we are reaching the end of a tumultuous year, I am reflecting on how thankful and proud I am of our VNFA team. Additionally, I am grateful for YOU, our clients, who have been with us every step of the way.
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Our team is pleased to welcome Tim Richmond, CPA to Valley National Financial Advisors in the full-time role of... Read More
Don’t Panic During A PandemicNow is not the time to panic or run and hide from the volatility that... Read More
ATTENTION CLIENTS: Appointments for contactless drop off and pick up of documents at the lobby of our Bethlehem office... Read More
REMINDER – The Internal Revenue Service is allowing taxpayers who have taken a 2020 Required Minimum Distribution (RMD,) which... Read More