New Jersey residents are eligible to claim a refundable Child Tax Credit on their New Jersey Resident Income Tax Return (Form NJ-1040) for Tax Year 2023. The credit has increased, allowing up to $1,00...

As 2023 comes to an end, all of us here at Independence Financial Services want to extend our warmest wishes to you and your family for a joyful holiday season. This is a special time of year whe...

 We're delighted to share the heartwarming success of our recent participation in the New Jersey Society of Certified Public Accountants (NJCPA) Food Drive. At Independence Financial Services, we...

Article Highlights: Roth IRA Contribution Limitations Converting a Traditional IRA to a Roth IRA Circumventing the Limitations Back-Door Roth IRAs Pitfalls of a Back-Door Roth IRA The "All IRAs Are On...