Portney & Company, CPAs & Business Consultants

Portney & Company, CPAs & Business Consultants Specializing in medium and small size

We are a very different kind of accounting firm.Portney & Company, CPAs & Business Consultants will minimize your taxes, and increase your income and quality of life.

A new calendar year is about to arrive. Whether you’ve done a lot of strategic planning or just a little, a good way to ...
03/31/2023

A new calendar year is about to arrive. Whether you’ve done a lot of strategic planning or just a little, a good way to double-check your objectives is to revisit your business plan. Traditionally, a business plan comprises six sections: 1) Executive summary. 2) Business description. 3) Industry and marketing analysis. 4) Management team description. 5) Implementation plan. 6) Financials. An executive summary is usually the first thing people read, but it’s the last section you should write. Instead, begin with your financials. That is, your business plan’s financial projections should support your strategic goals. Cash flow projections are particularly important. Contact us for help.

Are you thinking about selling stock at a loss to offset gains that have been realized during 2022? If so, it’s importan...
03/31/2023

Are you thinking about selling stock at a loss to offset gains that have been realized during 2022? If so, it’s important to be careful of the “wash sale” rule. Under this rule, if you sell stock or securities for a loss and buy substantially identical stock or securities back within the 30-day period before or after the sale date, the loss can’t be claimed for tax purposes. The rule is designed to prevent taxpayers from using the tax benefit of a loss without parting with ownership in a significant way. Note that the rule applies to a 30-day period before or after the sale date to prevent “buying the stock back” before it’s even sold. We can answer any questions you may have.

12/30/2020

We want to wish you all a happy, safe, and prosperous new year! #2021

12/24/2020

Wishing you a happy and safe holiday season! Our office will be closed Christmas Eve and Christmas Day. We will reopen on Monday the 28th.

“Thanksgiving isn’t just a day. It’s a way we can live our lives everyday.” - Katrina Mayer
11/25/2020

“Thanksgiving isn’t just a day. It’s a way we can live our lives everyday.” - Katrina Mayer

Identity Theft isn’t a Joke- Take precautions! ———————-                           ́rus
11/12/2020

Identity Theft isn’t a Joke- Take precautions! ———————- ́rus

How is disability income taxed? ———————-                           ́rus
11/11/2020

How is disability income taxed? ———————- ́rus

Are scholarships tax free? ———————-                           ́rus
11/11/2020

Are scholarships tax free? ———————- ́rus

“To us in America, the reflections of Armistice Day will be filled with lots of pride in the heroism of those who died i...
11/11/2020

“To us in America, the reflections of Armistice Day will be filled with lots of pride in the heroism of those who died in the country’s service and with gratitude for the victory, both because of the thing from which is has freed us and because of the opportunity it has given America to show her sympathy with peace and justice in the councils of the nations.” - Woodrow Wilson 🇺🇸

4 Steps for Improving your sales! ———————-                           ́rus
11/11/2020

4 Steps for Improving your sales! ———————- ́rus

11/09/2020

Phishing with Employees? —————————————-

4 Divorcing Tax Issues ———————-                           ́rus
11/09/2020

4 Divorcing Tax Issues ———————- ́rus

Address

70 Grand Avenue
Hackensack, NJ
07661

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+12018620500

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