Goldstein Lieberman & Company LLC

Goldstein Lieberman & Company LLC Reaching and surpassing ambitious goals is our speciality. That's how we built our firm and that same determination is what we offer to our clients.

Each member of our team has experience and expertise in one or more specific areas of accounting. Goldstein Lieberman & Company will work tirelessly for your growth, profitability and continued success. Goldstein Lieberman & Company traces its roots back to 1946 as a full service Certified Public Accounting and Business Advisory firm organized to address the specific needs of closely-held businesses and their owners. The Firm has operated in the New York and New Jersey marketplace since its inception. Today, Goldstein Lieberman & Company is one of the top Certified Public Accounting firms in the State. We are the largest in Bergen County, New Jersey as well as in New York’s Hudson Valley region. Our experience, expertise and technological capabilities enable us to serve clients throughout the nation as efficiently as those in our region. Visit us at one of our locations:
1 International Blvd, #700, Mahwah, New Jersey 07430, US

100 Summit Lake Dr, Suite 120, Valhalla, New York 10595, US

Individuals with sizable estates can breathe a sigh of relief when it comes to the federal estate tax. Currently, the fe...
10/31/2025

Individuals with sizable estates can breathe a sigh of relief when it comes to the federal estate tax. Currently, the federal gift and estate tax exemption is $13.99 million for individuals ($27.98 million for married couples). This exemption was scheduled to revert to $5 million (plus inflation adjustments) in 2026. But under the One, Big, Beautiful Bill Act, it has been made permanent. For 2026, the exemption will rise to $15 million ($30 million for married couples) and will be adjusted annually for inflation after that. This much-needed certainty provides planning flexibility and enables affluent families to preserve their wealth across generations. Questions? Contact us at (800) 839-5767.

Starting in 2026, tax law changes could increase the risk of getting hit by the alternative minimum tax (AMT). This is e...
10/29/2025

Starting in 2026, tax law changes could increase the risk of getting hit by the alternative minimum tax (AMT). This is especially true for high earners. At least some income-based phaseout thresholds for the AMT exemption will drop, and the exemptions will be phased out twice as fast as in 2025. Add to that the impact of larger state and local tax deductions (which aren’t AMT-deductible), and more taxpayers could face the AMT. Call us at (800) 839-5767 for help assessing your risk and finding strategies you can implement now to minimize your taxes.

Like race car drivers, business owners need to keep their eyes on certain gauges as they look to outpace the competition...
10/28/2025

Like race car drivers, business owners need to keep their eyes on certain gauges as they look to outpace the competition. Another term for such gauges is key performance indicators (KPIs). These measurements allow you to track your business’s performance in a wide variety of contexts. We can help you choose the optimal KPIs for your operations and strategic goals. Please contact us at (800) 839-5767.

The chart of accounts is the foundation of a company’s bookkeeping. It organizes every dollar that comes in or goes out....
10/27/2025

The chart of accounts is the foundation of a company’s bookkeeping. It organizes every dollar that comes in or goes out. But if your chart is cluttered, inconsistent or poorly structured, your financial reports will be, too. Clear account groupings, consistent labels and alignment with your reporting goals are essential for meaningful financial insights. Contact us at (800) 839-5767 to help design a chart of accounts tailored to your business. We’ll make it detailed enough to guide decision-making, but simple enough to stay manageable.

Does your business incur research and experimentation (R&E) expenses? The One, Big, Beautiful Bill Act reinstates the im...
10/24/2025

Does your business incur research and experimentation (R&E) expenses? The One, Big, Beautiful Bill Act reinstates the immediate deduction for research activities conducted in the United States, beginning in 2025. Before the new law was enacted, R&E expenses had to be capitalized and amortized over five years, beginning on or after Jan. 1, 2022. What if you began to amortize R&E expenses in 2022, 2023 and/or 2024? You can deduct the remaining amount on your 2025 return or split it between your 2025 and 2026 returns, rather than continuing to amortize over what remains of the five-year period. Contact us at (800) 839-5767 with questions.

With major tax law changes taking effect this year and next, tax planning is more important than ever. Don’t wait to tal...
10/22/2025

With major tax law changes taking effect this year and next, tax planning is more important than ever. Don’t wait to talk with us until it’s time to prepare your tax return! Let’s review your situation, find opportunities and boost your tax confidence now. Call us at (800) 839-5767.

Does your company’s month-end close drag on for days, or even weeks? Speed matters. The longer it takes to post monthly ...
10/21/2025

Does your company’s month-end close drag on for days, or even weeks? Speed matters. The longer it takes to post monthly journal entries, reconcile accounts, prepare internal financial statements and investigate variances, the harder it is to identify and respond to red flags and new business opportunities. These tips can help you close the month quickly. For more ideas on how to streamline your closing process without compromising financial accuracy, call us at (800) 839-5767.

College costs like tuition, books, computers and, generally, room and board have long qualified for tax-free 529 plan wi...
10/20/2025

College costs like tuition, books, computers and, generally, room and board have long qualified for tax-free 529 plan withdrawals, with no annual limit. For elementary and secondary school expenses, the limit has been $10,000 per year per student, with only tuition qualifying. Starting with expenses incurred after July 4, 2025, additional K–12 expenses like books and instructional materials also qualify, with the cap increasing to $20,000 per year in 2026. Also effective after July 4, 2025, certain credentialing programs qualify. Call us at (800) 839-5767 to discuss how to make the most of 529 plans.

Adopting a child is expensive, but adoptive parents may qualify for a tax break to offset some of the costs. Under the O...
10/17/2025

Adopting a child is expensive, but adoptive parents may qualify for a tax break to offset some of the costs. Under the One, Big, Beautiful Bill Act (OBBBA), the tax break got better for some parents. For 2025, the maximum adoption credit is $17,280 of qualified expenses, with phaseouts for higher-income parents. Under prior law, the credit was nonrefundable, meaning that it was limited to the taxpayer’s federal tax liability. However, under the OBBBA, up to $5,000 of the adoption credit is refundable, starting in 2025. After 2025, the refundable amount will be indexed for inflation. Any nonrefundable amount can be carried forward. There may also be state tax benefits. Questions? Contact us at (800) 839-5767.

A qualified personal residence trust (QPRT) allows you to give your home to your children today while enjoying the right...
10/15/2025

A qualified personal residence trust (QPRT) allows you to give your home to your children today while enjoying the right to live there for a set number of years. The home is removed from your taxable estate at a reduced value for gift tax purposes (provided you survive the trust’s term). At the end of the term, your beneficiaries own the home. You may continue to live there beyond the end of the term if the trustees or owners agree and you pay fair market rent. Contact us at (800) 839-5767 with questions about QPRTs or other estate planning ideas for reducing taxes.

Does your business pay independent contractors? A provision in the One Big Beautiful Bill Act, signed into law on July 4...
10/14/2025

Does your business pay independent contractors? A provision in the One Big Beautiful Bill Act, signed into law on July 4, 2025, will reduce your required reporting. Currently, businesses that pay $600 or more for services rendered by a contractor must issue a Form 1099-NEC (Nonemployee Compensation). Beginning with payments made in 2026, the threshold increases to $2,000 and will be adjusted for inflation in subsequent years. This change will simplify compliance and reduce the risk of penalties for missed filings. Contact us at (800) 839-5767 with questions about how to proceed.

Accurate financial records are essential for your company’s success. However, many small business owners struggle with a...
10/13/2025

Accurate financial records are essential for your company’s success. However, many small business owners struggle with accounting and bookkeeping tasks. You can count on us to handle these chores for you. Call us at (800) 839-5767 to schedule a consultation.

Address

225 Brae Boulevard Suite 200
Park Ridge, NJ
07656

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

Telephone

+18008395767

Website

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