Tax & Accounting Blog

State-by-State Reciprocity Agreements

State-by-State Reciprocity Agreements

Let’s talk reciprocals. Reciprocity agreements mean that two states allow its residents to only pay tax on where they live—instead of where they work. For instance, this is particularly important to higher wage earners who live in Pennsylvania and work in New Jersey. Pennsylvania’s top rate is 3.07%, while New Jersey’s top rate is 8.97%. … Read More

Partner Summit Series: Leading Your Firm to Success

Partner Summit Series: Leading Your Firm to Success

This year, Thomson Reuters held its ninth annual Partner Summit series—seven events across the United States where we share best practices with the 65 attendees at each location. As we wrap up another summer, we’d like to share with you some insights from one of the key presentations that came out of this year’s summits. … Read More

Mapping Your Path to Success

Mapping Your Path to Success

Imagine an airline pilot sitting down in the cockpit and saying, “Okay, we’re going to taxi down the runway and we’ll set the compass to west and with any luck we’ll wind up in Los Angeles.” That’s the analogy Ryan J. Niedoba, chief operating officer at Niedoba, Beppel & Company in Berlin, N.J., uses to … Read More

She Makes It Personal

She Makes It Personal

Chasity Hooks, CPA, had no experience working in a public accounting firm when she established Hooks CPA in 2008, though she had been handling all the accounting work at an oil field company. What she did have was many years of experience in customer service. Hooks began working at age 14— everything from waitressing and … Read More