- Business tax returnsSchedule C, partnership, S corporation and C corporation returns, federal and New Jersey.Learn more about small business accounting →
- Monthly bookkeepingReconciled books every month, so tax time is a review, not a rebuild.Learn more about bookkeeping →
- PayrollPaychecks, NJ-927 quarterly filings and year-end W-2s.Learn more about payroll services →
- NJ sales taxRegistration, filing and what is and isn't taxable.Learn more about sales tax →
Your next-door CPA
Wharton borders Mine Hill, where our practice is based. The borough began as Port Oram, an iron-mining and Morris Canal town, and was renamed in 1902 for Joseph Wharton, the industrialist who bought the area's iron furnaces. Today it's a compact borough just off Interstate 80, home to trades, contractors, shops and service businesses, many of them owner-run with a handful of employees.
Help for Wharton small businesses
- Getting set up right. Choosing between a sole proprietorship, LLC or S corporation, registering with New Jersey, and setting up books that match how you actually work. See business formation.
- Quarterly estimated taxes. Federal and New Jersey payments sized to your actual profit, so April holds no surprises and no underpayment penalties.
- Equipment and vehicles. Federal law allows 100% bonus depreciation on qualifying equipment, but New Jersey doesn't follow it and limits Section 179 expensing to $25,000. We track both sets of numbers so your state return is right.
- Paying yourself. Once profit is steady, an S corporation can reduce self-employment tax, as long as you take a reasonable salary.
Employees and subcontractors
- Payroll filings. New Jersey employers file the NJ-927 every quarter and the NJ-W-3 at year end, along with the federal Forms 941 and W-2.
- 1099s. Subcontractors you pay $600 or more for 2025 services need a Form 1099-NEC by January 31. The threshold rises to $2,000 for payments made in 2026.
- Who counts as an employee. New Jersey applies a strict "ABC" test for unemployment and wage laws, so a worker the IRS might treat as a contractor can still be an employee for the state. See worker classification.
Behind on filings?
If a busy few years left returns unfiled or an IRS notice unanswered, we can sort it out and deal with the IRS and New Jersey for you. See unfiled tax returns and IRS tax help.
How we work
Most of our work happens through our secure client portal, by phone and by video call. Because we're next door in Mine Hill, in-person meetings by appointment are easy to arrange. We respond within one business day, and we're available Saturdays as well as weekdays.
Frequently asked questions
Do I need an accountant for a small business in Wharton?
Not by law, but most owners benefit once they have employees, sales tax or a business entity. A CPA keeps your federal and New Jersey filings in order and looks for savings, such as the right entity and retirement plan.
Does New Jersey follow federal bonus depreciation?
No. New Jersey doesn't allow federal bonus depreciation and limits Section 179 expensing to $25,000, so equipment you write off in full federally is usually depreciated over several years on your New Jersey return.
When do I need to send 1099s to subcontractors?
By January 31. For services paid in 2025, the filing threshold is $600 per person. For payments made in 2026 and later, it rises to $2,000.
Are you close to Wharton?
Yes. Our practice is in Mine Hill, which borders Wharton. In-person meetings are available by appointment, and most clients share documents through our secure portal.