Capaldi Reynolds & Pelosi

12/24/2025

THANK YOU to the best TEAM. We were able to help give a wonderful Christmas to many families due to our team’s generosity. ❤️🎄

12/02/2025

Client Spotlight 🔦 Ozzie's in Longport 😋

If Longport could be said to have a landmark, that would be Ozzie’s. Ozzie’s opened in 1948 at the corner of 24th and Atlantic Avenue as a food market and a liquor store. Ozzie Lenzsch acquired the lots directly next door and opened the luncheonette in 1952. For decades Ozzie’s has been a gath...

12/01/2025

There’s no doubt about it — going through a divorce can be an emotionally trying time. Now, more than ever, you need to make sure that your finances are on the right track. You will then be able to put the past behind you and set in place the building blocks that can be the […]

11/30/2025

Form 3520 is a critical IRS compliance document required for U.S. taxpayers who engage in certain transactions with foreign trusts or receive significant gifts or inheritances from foreign persons or entities. While it is an informational return (not a tax return itself), failure to file can result....

11/29/2025

Like it or not, AI is here. 🤖

Just for fun last week, I asked Google “How can I be sure my AI answer is correct?” and I think I DID get the correct answer: ”There is no definitive way for an AI to be 100% certain that its own answer is correct.” Hmmm. If AI itself is telling me to beware of […]

11/28/2025

OK, boomer. Check out this article! 😄

According to the Wall Street Journal, the US octogenarian population is expected to increase by 4 million over the next 5 years. The oldest “boomers” are approaching 80, and advances in technology and medicine mean that enjoying life well into one’s 90s is increasingly possible. This growing p...

11/27/2025

11/26/2025

Year end is upon is! Check out the OBBBA tax changes! 📣

On July 4th, 2025 President Donald Trump signed the One Big Beautiful Bill Act (OBBBA). This bill has several important changes to various aspects of the tax regime. This article is a summary of the bill’s extension of expiring tax codes and updates for individuals, businesses and international ch...

07/29/2025

If you’re a homeowner, your house is likely one of your most valuable assets—both financially and emotionally. However, if you require long-term care, such as a nursing home stay, and rely on Medicaid to cover the costs, New Jersey may place a lien on your home to recover those expenses. Proper ...

07/28/2025

Certain potentially lucrative tax strategies exist under current tax law for Managed Service Organizations (MSOs). For MSOs structured as a flow-through entity, such as a partnership or S Corporation, noncorporate owners may be able to claim a 20% Qualified Business Income (QBI) deduction. For MSOs....

07/27/2025

Pleasantville Music Shoppe is one of the oldest mom and pop music stores in South Jersey. My dad, Gaston Ragno, at 20 years old, purchased the business on a handshake and a promise to pay when he could from his boss who wanted to retire. Over the years there were a few moves and some […]

07/26/2025

With luck, those words will never leave our mouths. The sad truth, though, is that crooks are getting smarter and it’s really hard to know what nefarious scheme they will come up with next. If you find yourself a victim, can you claim any kind of tax deduction for your loss? The answer is, maybe. ...