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 business

es 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

The IRS has increased the 2026 cents-per-mile rates for calculating tax-deductible vehicle operating costs due to rising...
08/21/2026

The IRS has increased the 2026 cents-per-mile rates for calculating tax-deductible vehicle operating costs due to rising fuel costs. Effective July 1, 2026, the standard mileage rate for the business use of a car, van, pickup truck or panel truck is 76 cents per mile, up from 72.5 cents per mile for the first half of the year. The revised rate for medical and eligible moving purposes is 23.5 cents per mile, up from 20.5 cents per mile. For charitable driving, the 14 cents per mile rate remains unchanged. These rates apply to gasoline- and diesel-powered vehicles as well as electric and hybrid ones. To protect your deduction, keep detailed mileage records. Call us at (800) 839-5767 with questions.

Tax law changes have created new planning opportunities for 2026. A review of your expected income and expenses for the ...
08/19/2026

Tax law changes have created new planning opportunities for 2026. A review of your expected income and expenses for the year, along with any significant life changes, may uncover strategies to reduce your taxes. Start the conversation before year-end for more time to take tax-saving steps. And if you extended your 2025 return, we can help you file before the Oct. 15 deadline. Call us at (800) 839-5767 to schedule an appointment.

Tax returns and financial statements are important. But you know we can do so much more, right? Think of us as your year...
08/18/2026

Tax returns and financial statements are important. But you know we can do so much more, right? Think of us as your year-round, human source of practical guidance. We can help you better understand the ups and downs of your cash flow, spot opportunities to cut costs or improve profitability, and plan for growth with greater confidence. Call us at (800) 839-5767 to learn more and get the strategic support you need to achieve your business goals.

If your estate might exceed the federal estate tax exemption ($15 million for 2026), you’re probably concerned about fut...
08/17/2026

If your estate might exceed the federal estate tax exemption ($15 million for 2026), you’re probably concerned about future estate tax liability. A spousal lifetime access trust (SLAT) may help. A SLAT can allow you to remove wealth from your estate tax-free while providing a safety net if your needs change in the future. Essentially, a SLAT is an irrevocable trust you establish for the benefit of your spouse plus your children or other relatives. Your spouse is granted limited access to the trust’s funds during his or her lifetime, giving you indirect access. Call us at (800) 839-5767 to discuss whether a SLAT makes sense for you.

It’s easy to focus on the excitement of a big win. But before you spend lottery, gambling or other winnings, be sure you...
08/14/2026

It’s easy to focus on the excitement of a big win. But before you spend lottery, gambling or other winnings, be sure you understand the tax impact. Federal tax law generally treats such winnings as taxable income. Knowing the basic rules can help you avoid surprises when you file your 2026 return next year. For example, if you win more than $5,000, generally the payer (lottery agency, casino, etc.) will withhold 24% for federal tax purposes — which may or may not be enough to cover your tax liability — and send you and the IRS a Form W-2G showing the winnings paid and tax withheld. There also might be state tax consequences. Call us at (800) 839-5767 to learn more.

You’ll probably owe tax on your retirement income — how much depends on factors such as the types of retirement accounts...
08/12/2026

You’ll probably owe tax on your retirement income — how much depends on factors such as the types of retirement accounts you own and your other income sources. In general, retirees should withdraw funds from any taxable accounts first, tax-deferred accounts second and tax-free accounts last. But different withdrawal strategies may benefit you. The important thing is to start planning before you retire. Call us at (800) 839-5767 for help.

Did you know the IRS can file a tax return on your behalf if you don’t file one yourself? It’s called a Substitute for R...
08/11/2026

Did you know the IRS can file a tax return on your behalf if you don’t file one yourself? It’s called a Substitute for Return (SFR) — and it’s rarely in your favor. The IRS uses information it already has, such as W-2 and 1099 forms, to prepare the SFR. But it usually skips deductions and credits you may be entitled to, often resulting in a higher tax bill. You could also face penalties, interest and collection actions, such as liens or levies. The good news? You can fix it. Filing an accurate return can generally replace the SFR and may reduce what you owe, though penalties and interest may still apply. Call us at (800) 839-5767 for help.

Donating artwork, antiques, collectibles or other tangible personal property that has appreciated in value can produce v...
08/10/2026

Donating artwork, antiques, collectibles or other tangible personal property that has appreciated in value can produce very different tax results depending on the charity’s use of the item. If the use directly supports the organization’s mission — such as an antique donated to a museum for its collection — you may be able to deduct fair market value. But if the item will be used for another purpose, such as being sold at a fundraising auction, your deduction may be limited to what you originally paid for it. Contact us at (800) 839-5767 before making a donation to discuss your potential deduction and the applicable substantiation requirements.

If you and your spouse operate a profitable, unincorporated small business, you face some unique tax issues. The IRS wil...
08/07/2026

If you and your spouse operate a profitable, unincorporated small business, you face some unique tax issues. The IRS will generally classify your business as a partnership for federal tax purposes. So, you’ll have to file an annual partnership return and both you and your spouse must receive Schedules K-1, which allocate taxable income, deductions and credits between the two of you. You must also pay self-employment (SE) tax on your share of the net SE income passed through to you by the spousal partnership. Your spouse must do the same. The bottom line: Turn to us to keep your business in compliance with the IRS while you and your spouse keep the business running smoothly. Contact us at (800) 839-5767.

Business owners: Should you use cash to pay federal tax debt or keep it for operational needs? Paying the IRS sooner may...
08/05/2026

Business owners: Should you use cash to pay federal tax debt or keep it for operational needs? Paying the IRS sooner may ease stress and reduce penalties, but draining cash can disrupt operations, payroll and growth. There’s no one-size-fits-all answer. In many cases, the IRS offers options — such as installment agreements, temporary collection holds or penalty relief — that may help you stay compliant while preserving cash flow. The biggest risk is choosing extremes, either depleting cash reserves or ignoring the issue. A balanced strategy often works best. Call us at (800) 839-5767. We can review your options and help you create a plan.

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

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