Flemington, PA -- (SBWIRE) -- 02/21/2014 -- Prestige Wealth Accounting Group, a premier accounting firm, is pleased to announce the continuation of services for tax preparation in NJ in 2014. The New Jersey-based accounting firm has assisted many individuals with personal tax preparation services, minimizing their tax burdens and pushing them into the best financial shape for a successful future. If there are opportunities for personal financial growth, the New Jersey tax preparation accountants will be the first to inform clients so they can react accordingly.

Federal, state and local taxes varies from business to business due to certain criteria including the nature, location and structure of the business. An NJ accountant from Prestige Wealth Accounting Group will discuss the Pro-Active Tax Planning and Preparation services with the client during the initial tax preparation consultation. With the services, clients will be informed on accurate and timely tax preparation, which ensures tax laws are being followed. The tax preparation accountant will also inform clients of employment and income tax preparation, along with the best strategies to reduce business taxes. Handling tax preparation alone can cause an individual much stress, especially if they do not understand certain business tax laws. In order to be in the best possible financial situation, an accountant from PWAG is recommended.

To schedule a consultation with a tax preparation lawyer, please call the Prestige Wealth Accounting Flemington, NJ office at 908-316-8419. The consultation is complimentary and each individual has no obligation to hire an accountant in order to obtain initial valuable information regarding their tax preparation. Prestige Wealth Accounting Group enjoyed a successful year in 2013 and looks forward to assisting many more New Jersey residents with their financial planning and tax preparation in 2014.

About Prestige Wealth Accounting Group
Prestige Wealth Accounting Group is a premier accounting firm that is committed to integrity, knowledge and offering first-class service to their clients. The company specializes in CPA services, and has experience providing high-net-worth individuals with concepts and strategies to help them reduce their taxes and simplify their financial life. The company is dedicated to taking an active role in assisting people with the constantly changing tax laws.

Visit http://www.prestigewag.com to view the redesigned website and learn more about what services the NJ accountant provides.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Flemington, PA -- (SBWIRE) -- 12/30/2013 -- As the end of the year is approaching, individuals and businesses alike are starting to retrieve income statements, credit reports, tax audits, and other documents to effectively prepare for tax season. To offer assistance and guide their clients dealing with tax issues and forming questions evolving around various laws, Prestige Wealth Accounting Group is announcing their services for year-end tax planning this December. It is vitally important and equally beneficial for businesses and individuals to be aware of the laws and make sure to comply with them.

Equipped with Certified Public Accountants, the professionals from Prestige Wealth Accounting Group will review all documents with their clients and communicate with them on how to proceed with their tax planning. They will go over all earnings, funds, and stocks their clients own to get an accurate measurement of their returns and help avoid audits from the IRS. Finances are a concern for many clients, and the CPAs will work diligently to formulate the best strategy and decrease the stress level this holiday season.

There are many ways to plan for tax returns and to plan various investments, but having a professional CPA with years of experience being able to work with clients one-on-one and prepare their tax strategies in order to maximize their earnings is extremely beneficial. This will aid in clearly understanding the process, and a CPA will provide wealth and tax projections.

This time of year, it is important for individuals and business owners to consult with their CPA's to form a strong strategy that will minimize their taxes. While tax planning must be completed by the end of the year, it is imperative to discuss strategies and plans with a CPA this December. To speak to a representative from Prestige Wealth Accounting Group about how to save the most on New Jersey State and federal income taxes, please call 908-316-8419 today.

About Prestige Wealth Accounting Group
Prestige Wealth Accounting Group is a premier accounting firm that is committed to integrity, knowledge and offering first-class service to their clients. The company specializes in CPA services, and has experience providing high-net-worth individuals with concepts and strategies to help them reduce their taxes and simplify their financial life. The company is dedicated to taking an active role in assisting people with the constantly changing tax laws.

Visit www.prestigewag.com to view the redesigned website and learn more about what services the NJ accountant provides.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Flemington, PA -- (SBWIRE) -- 12/04/2013 -- With the end of the year approaching quickly, many individuals will be spending time purchasing presents, decorating the house and making arrangement s for friends and family to meet for a special holiday gathering. The end of the year is in sight and people may not be taking the time needed to think about their taxes. Before they know it, tax season will be here and they will be left unprepared. Now would be an ideal time to contact a certified personal accountant to alleviate the stress that comes along with tax preparation. Prestige Wealth Accounting Group, a premier accounting firm located in Flemington, NJ, is pleased to announce year-end tax preparation services for individuals, businesses, trusts and estates.

PWAG CPAs can inform clients of specific things they can take care of now, to make their January/February tax preparation process much easier. One of the most important details to remember when preparing taxes is to find a place to store all documents. Any important tax information that is received through the mail should be immediately stored in that place for when it is needed in the future. Other documents that may accumulate over the year include car registrations, tax receipts, medical receipts and others. These can all be placed in the tax information storage area.

Clients can also consider doing an energy efficiency improvement on their home. If it is done before the end of the year, they may receive a credit on their tax return. Since it is the holiday season, individuals may want to help out others by making a generous donation to a local charity. Now is a good time to make a donation because individuals can claim the contribution as a tax deduction. Even though these simple things are small, they can make a huge difference when tax season rolls back around. The CPAs of Prestige Wealth Management Group will help individuals and businesses alleviate stress and take advantage of any tax breaks that come their way.

About Prestige Wealth Accounting Group
Prestige Wealth Accounting Group is a premier accounting firm that is committed to integrity, knowledge and offering first-class service to their clients. The company specializes in CPA services, and has experience providing high-net-worth individuals with concepts and strategies to help them reduce their taxes and simplify their financial life. The company is dedicated to taking an active role in assisting people with the constantly changing tax laws.

Visit www.prestigewag.com to view the redesigned website and learn more about what services the NJ accountant provides.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Flemington, PA -- (SBWIRE) -- 10/29/2013 -- Prestige Wealth Accounting Group is pleased to announce personal services for tax preparation in Flemington, NJ and surrounding areas this fall. Since New Jersey laws and taxes are constantly changing, it is good to hire a professional CPA who can keep up with the changes. Professional CPAs from Prestige Wealth Accounting Group will make sure clients are taking advantages of deductions they would otherwise not known have existed. Overlooking deductions and credits an individual is entitled to, is a common theme when tax season rolls around. Many individuals have no understanding of the tax laws and even have trouble finding the proper questions to ask. Prestige Wealth Accounting Group is composed of a team of CPAs who will provide answers to every facet of tax law so individuals don't have to worry.

One of the most valuable benefits of hiring a CPA for tax preparation is that individuals can save themselves time and energy. When CPAs from Prestige Wealth Accounting Group performs tax preparation in Hunterdon County, Flemington and surrounding areas, they take the stress out of preparing taxes and leave clients with free time to work, spend time with family or just relax. Clients are expected to hand over all necessary documents over to their CPA so they can get to work and make sure everything is prepared for when tax season arrives.

Not only will clients receive immediate benefits by hiring a CPA, they will also prepare for future tax seasons as well. Gathering the financial documents is usually the hardest and most time-consuming part of the process, especially if a client has never hired a CPA to prepare their taxes before. A CPA will make sure his or her clients understand how to organize their files for the following year, ensuring that the process will run smoothly. Prestige Wealth Accounting Group will have clients well-prepared for tax season.

About Prestige Wealth Accounting Group
Prestige Wealth Accounting Group is a premier accounting firm that is committed to integrity, knowledge and offering first-class service to their clients. The company specializes in CPA services, and has experience providing high-net-worth individuals with concepts and strategies to help them reduce their taxes and simplify their financial life. The company is dedicated to taking an active role in assisting people with the constantly changing tax laws.

Visit www.prestigewag.com to view the redesigned website and learn more about what services the NJ accountant provides.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Flemington, PA -- (SBWIRE) -- 09/24/2013 -- Prestige Wealth Accounting Group is pleased to announce advantages of hiring a certified public accountant for tax preparation in NJ. The words "accountant" and "certified public accountant" may share the same meaning, however, there are a few differences between the two. Unlike regular accountants, certified public accountants (CPAs) are repeatedly tested throughout the year by the federal government. To stay current with all the new laws and regulations, CPAs are required to continue professional education. Hiring a certified public accountant from Prestige Wealth Accounting Group may come with many advantages that will have a positive impact on an individual's life.

The certified public accountants from Prestige Wealth Accounting Group will provide guidance to clients, letting them know what exact forms they need to file, and when they need to file them by. They will also inform clients on which expenses are deductible and which form of income is taxable. Certified public accountants are act as professional budgeters, helping organize a client's budget, develop spending estimates, determine figure breakdown points and much more. A certified public accountant will also set up a custom financial system for each client, using professional accounting software.

A professional NJ accountant can act as a sounding board for financial regulations. If a client needs advice on when, where, or how to spend money, a certified public accountant will suggest asset purchase decisions, and make recommendations on investments and much more. By hiring a certified public accountant from Prestige Wealth Accounting Group, an individual will hive himself (herself) credibility because their financial statements will be handled professionally. If a client hires a certified public accountant to help with the tax preparation for a company they own, the CPA will also help with cash receipts, payroll, petty cash, and much more as well. Individuals interested in hiring a CPA for tax preparation services can contact Prestige Wealth Accounting Group today by calling 908-316-8419.

About Prestige Wealth Accounting Group
Prestige Wealth Accounting Group is a premier accounting firm that is committed to integrity, knowledge and offering first-class service to their clients. The company specializes in CPA services, and has experience providing high-net-worth individuals with concepts and strategies to help them reduce their taxes and simplify their financial life. The company is dedicated to taking an active role in assisting people with the constantly changing tax laws.

Visit www.prestigewag.com to view the redesigned website and learn more about what services the NJ accountant provides.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Flemington, PA -- (SBWIRE) -- 08/26/2013 -- Next year's tax season may seem far away, but it is never too early to begin strategizing when it comes to saving money on taxes in 2014. That is why Prestige Wealth Accounting Group, one of the leading CPA firms in NJ, is pleased to announce new tax saving strategies for their clients. Since there are a number of new taxes, and increases on other taxes due to recent health care legislation ("Obamacare"), now is more important than ever to minimize tax burden. It is better to be prepared, than to be left flustered by the changes, come next April.

The first tax strategy is to boost retirement savings. Individuals who are turning 50 or older are able to contribute up to $23,000 to a 401(k) plan. Self-employed taxpayers who are 50 or older can also put up to $56,000 in a 401(k). Individuals interested in reducing their required minimum distributions can convert their traditional IRA money to a Roth IRA. This strategy should be undertaken with the advice of an income tax professional in order to gain the greatest benefit.

Another strategy is to track all medical expenses because in the upcoming year, the tax hike is causing all taxpayers who are 65 years or younger to be able to only write off medical bills that exceed 10%. This is a 2.5% increase from years past. Even though these changes are for individuals who are under 65, those who are over 65 still qualify for the 7.5% threshold. The new health care laws also limit contributions to flexible spending accounts to $2,500. Individuals should keep all receipts for the flexible spending account because they could be eligible for deductions.

For even more information on strategies to use when preparing taxes for next April, visit the Prestige Wealth Accounting Group website. As one of the leading CPA firms in New Jersey, Prestige Wealth Accounting Group offers news, blogs, research, articles, and much more information on their newly-designed website.

About Prestige Wealth Accounting Group
Prestige Wealth Accounting Group is a premier accounting firm that is committed to integrity, knowledge and offering first-class service to their clients. The company specializes in CPA services, and has experience providing high-net-worth individuals and businesses with concepts and strategies to help them reduce their taxes and simplify their financial life. The company is dedicated to taking an active role in assisting people with the constantly changing tax laws.

Visit www.prestigewag.com to view the redesigned website and learn more about what services the NJ accountant provides.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Flemington, PA -- (SBWIRE) -- 06/20/2013 -- Prestige Wealth Accounting Group recently added a new Spectrem Group report to the news section on the newly re-designed website. According to the report, 70 percent of Millionaires surveyed by the company in March indicated that they rely on an accountant to prepare their tax returns properly. The research conducted by Spectrem's Millionaire Corner also indicated that in 2013 and upcoming years, many Millionaires will need more assistance from a NJ accountant, due to the complexity involved in filing state tax returns properly by the tax filing deadline.

Millionaires, with investable assets between $5 million and $25 million, which is 10 percent of the high net worth millionaire population, expect tax filing to be more difficult in the future. This is due to the tax increase set to take place in 2013 and beyond. High net worth investors name tax efficiency as one of their top investment criteria. These investors pursue tax-advantaged investment strategies more aggressively than less affluent investors.

In another recent study conducted by Spectrem's Millionaire Corner, millionaires rank accountants as the most trustworthy type of financial service provider. It is clear that high net worth millionaires express a high level of confidence with the accountants who work for them each tax season. By dealing with many high net worth millionaires, Prestige Wealth Accounting Group delivers clients PRO-active and personalized tax planning and preparation services.

When it comes to the difference between a man and woman's reliability on accountants, the study showed that women tend to rely on accountants more heavily than men do. Women business owners are more dependent on accountants than investors. A summary of the report, along with additional industry-related news, can be found on the Prestige Wealth Accounting Group website at http://www.prestigewag.com/millionaires-rely-heavily-on-trusted-accountants/.

About Prestige Wealth Accounting Group
Prestige Wealth Accounting Group is a premier accounting firm that is committed to integrity, knowledge and offering first-class service to their clients. The company specializes in CPA services, and has experience providing high-net-worth individuals with concepts and strategies to help them reduce their taxes and simplify their financial life. The company is dedicated to taking an active role in assisting people with the constantly changing tax laws.

Visit http://www.prestigewag.com to view the redesigned website and learn more about what services the NJ accountant provides.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Flemington, NJ -- (SBWIRE) -- 05/15/2013 -- As one of the premier CPA firms in New Jersey, it is only fitting that Prestige Wealth Accounting Group offers their clients, as well as potential clients, news and special insight into the world of accounting. On the company website, people can now view the list of the top tax scams, presented by the Internal Revenue Service. The IRS composes the "Dirty Dozen" list each year, alerting taxpayers to a wide range of schemes and scams that can result in theft, fraud, and more. IRS Acting Commissioner, Steven T. Miller recently stated, "Don't let a scam artist steal from you or talk you into doing something you will regret later."

Making its way back to the top of the list once again is identity theft. This scam experienced by thousands of people around the world occurs when someone uses personal information of another without permission, such as their name, Social Security number or other identification information. In doing so, these people are committing and acting in fraud and other crimes. In an initiative to prevent identity theft, the IRS prevented $20 billion of fraudulent refunds to be issued. This is an improvement from $14 billion from the previous year.

Phishing, coming in at number two on the list, solicits financial information through an unsolicited email or phony website posing as a legitimate website. Many "phishers" pose as the IRS, contact taxpayers by email, asking for personal information. The IRS would like people to know that they do not make contact with taxpayers by email, so people who have been "phished" can report the receipt of unsolicited email to the IRS at phishing@irs.gov. The rest of the list include return preparer fraud, hiding income offshore, free money from the IRS and Social Security Scam, impersonation of charitable organizations, false/inflated income and expenses, false form 1099 refund claims, frivolous arguments to avoid paying the taxes owed, falsely claiming zero wages, disguised corporate ownership, and misuse of trusts. To read more about the list, please visit http://prestigewag.com/irs-issues-dirty-dozen.php.

About Prestige Wealth Accounting Group
Prestige Wealth Accounting Group is a premier accounting firm that is committed to integrity, knowledge and offering first-class service to their clients. The company specializes in CPA services, and has experience providing high-net-worth individuals with concepts and strategies to help them reduce their taxes and simplify their financial life. The company is dedicated to taking an active role in assisting people with the constantly changing tax laws.

Visit http://www.prestigewag.com to view the redesigned website and to find out more information on what services the NJ accountant provides.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Flemington, PA -- (SBWIRE) -- 04/23/2013 -- This time of year has everyone thinking about income taxes, gathering documents and searching for deductions, trying to minimize their tax liability. However, thinking ahead a year or two can help people plan for an unpleasant possibility. Prestige Wealth Accounting Group helps clients plan ahead by offering tips for Income Tax Audit preparation. IRS audits are on the rise in the state of New Jersey, making the likelihood of a small business being audited increase. Small businesses can avoid any financial trouble by using tips now being offered by Prestige Wealth Management Group.

Being completely prepared is the best offense when being audited. This includes keeping records of any transactions a small business has completed. IRS auditors typically use the "show me" rule, meaning they want to see documentation on everything. When people start a small business, the last thing they want to do is be hassled with paperwork. But it is a necessary evil to document everything including checks written, deposits made, invoices sent to customers, bank statements, automobile use, bills from vendors, customer contracts, receipts and any other invoice or expense the small business is involved in. If the paperwork has been discarded or lost, the auditor will not accept any excuse, argument or explanation, and they will act accordingly.

The state of New Jersey will expect owners of small businesses to provide proof of every sale and every purchase, so it would be wise to not neglect sale and use tax exposure. A NJ Accountant from Prestige Wealth Accounting Group will assist small businesses by preparing them for an audit. The accountant will make sure every document is accounted for, making sure sales and/or tax was properly paid. Prestige Wealth Accounting Group will work directly with the auditor, discussing the case and argue specific points for the small business.

About Prestige Wealth Accounting Group
Prestige Wealth Accounting Group is a premier accounting firm that is committed to integrity, knowledge and offering first-class service to their clients. The company specializes in CPA services, and has experience providing high-net-worth individuals with concepts and strategies to help them reduce their taxes and simplify their financial life. The company is dedicated to taking an active role in assisting people with the constantly changing tax laws.

Visit www.prestigewag.com to view the redesigned website and to find out more information on what services the NJ accountant provides.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Flemington, PA -- (SBWIRE) -- 04/05/2013 -- Prestige Wealth Accounting Group is excited to announce the release of its redesigned, interactive website. The new website offers a more streamlined layout for better navigation - making it easier than ever to find what people are looking for.

"The new website is another example of our commitment to providing our clients with timely and relevant information regarding tax law changes and updates - not just at tax time but throughout the year," said Tom McCabe, Director of Accounting at Prestige Wealth Accounting Group. Mr. McCabe continued to say, "The website is part of our multi-faceted communication strategy to deliver client communications consistently via the website, email and direct mail."

Tom McCabe, CPA/PFS, brings over 20 years of experience to Prestige Wealth Accounting Group. His experience includes preparing tax returns and acting as an NJ accountant to high-net-worth individuals and small businesses, assisting them with tax and accounting matters.

The revamped website also incorporates Prestige's new brand strategy, expanded search capabilities and refreshed navigation tools. The site was designed to be more interactive and to provide clients with relevant news articles, blog entries, and announcements.

"The redesigned website is an important initiative for our clients," said Steven M. Fox, Director of Client Relations and Communications. Mr. Fox continued, "We have several enhancements scheduled over the next few months, including social media integration and a mobile site for clients that would like to access the website using mobile devices and tablets."

About Prestige Wealth Accounting Group
Prestige Wealth Accounting Group is a premier accounting firm that is committed to integrity, knowledge and offering first-class service to their clients. The company specializes in CPA services, and has experience providing high-net-worth individuals with concepts and strategies to help them reduce their taxes and simplify their financial life. The company is dedicated to taking an active role in assisting people with the constantly changing tax laws.

Visit http://www.prestigewag.com to view the redesigned website and to find out more information on what services the NJ accountant provides.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm