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Joseph L. Rosenberg
Worked at Joseph L. Rosenberg CPA
Attended New York University Stern School of Business
Lived in Florham Park, NJ
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Joseph L. Rosenberg

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Second quarter estimated taxes due June 15 in the USA
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Joseph L. Rosenberg's profile photocatherine hislop's profile photo
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Yes... i sent another message to them ... but not heard anything back as yet
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Passed my certification exam for Quickbooks Online 2016 edition
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Started the new year at the Livingston NJ township reorganization meeting seeing friends and active volunteers who make the town shine.
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My Review of Linkedin in December, 2015
While Linkedin continues to evolve over the years, the basic premise remains the same. Use it to find people or businesses who can help you or become a prospect for your business, through people you know and trust. Job seekers can also use the site to learn more about a company they may wish to work for. They can also find employees of a company they are researching for information they can't obtain elsewhere.
Creating and maintaining an up to date profile on Linkedin with a recent professional photo remains a key first step to take on the site. 
Linkedin provides a view of your network, which includes not only your direct connections, but also their contacts and more, going out to the third degree. You can search for people in your network by many criteria including company name, location, school and industry. You can also search for people who are members of Linkedin groups using similar criteria.
Use the site to keep in touch with your contacts. Post articles, in groups or on your own profile page. Send messages to your contacts. Read the Linkedin blog, to learn about new features on the site.
Linkedin provides you with a social selling index to help evaluate your selling results using four criteria: creating a professional brand, finding the right people, engaging with insights,and building strong relationships. Linkedin conducted a survey of top sales pros and used the results to correlate key selling characteristics with sales success.  The results enable you to work on areas that need improvement. Each of the four areas has its own score,and they are combined into a final score. The scores are not public but many individuals promote their scores if they are high. To apply social selling techniques, Linkedin also offers a sales navigator application for which there is a cost depending on the size of your company. This app also integrates with another product for premium users, called lead builder, in which you can create and save lists of prospects you uncover on the site.
I've been a linkedin user since its initial year and was quoted in the New York Times in its September 30th, 2010 issue for how I used Linkedin to keep in touch with my network. I look forward to hearing from others to compare notes on using Linkedin and to see how we can be of help to each other in growing our networks which will ultimately lead to new business and increased business success.
 
 
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Missions at Empire.Kred

Empire.kred is a virtual stock market game. This article discusses missions on empire.kred.
There are three types of missions.Invest missions enable an individual to offer free shares in their stock. Gift missions enable an individual to offer free eaves that can be used  by the acquirer. The remaining types of missions offer eaves in exchange for doing something, such as visiting someone's twitter, utube or other social media sites. Sometimes they require people to engage by liking, retweeting or performing other affirmative activity in exchange for eaves. 
 Invest missions and gift missions are great opportunities for individuals to acquire new shares and new eaves to increase their assets. Some players believe that players should not take advantage of all available missions, to leave some eaves on the table, not to hog the eaves offered. I disagree.  Empire.kred is a 24 hour game and players will not be able for 24 hours to acquire eaves or shares in all missions offered. There are so many missions offered that a player would have to play for hours on end and still not be able to participate in all available missions. The mission creator can choose how many eaves and shares to offer and an individual can only complete one mission at a time. Once they have completed the mission they can't  take the same mission again, unless it is offered at a different time. Even if a player is active  on missions they can't acquire a significant percentage of eaves in any one individual, given the relatively low limits of shares anyone can own, as well as the costs to acquire such shares. Players can temporarily block an individual from getting free shares or eaves in performing a particular missions, if they don't want a player to benefit from that mission. This does not prohibit the player of acquiring shares using their own eaves, or performing missions without compensation by liking or retweeting pages that others are rewarded for.  People not on empire.kred are freely liking or retweeting without any benefit so the impact on a block is minimal.
Many people use the missions to market themselves on empire.kred and elsewhere. If you believe that spending your eaves to offer missions will improve your social status, you will see over time if the results are there. Many agree that they have received such benefits.
     Missions are a key activity on empire.kred. Make sure you engage in them, either by offering missions to others, or participating in other's missions.
     I enjoy missions on empire.kred, by taking them and offering them, too. If you wish to join me there, here is the link: https://www.empire.kred/CPAJOE?t=ezmic9th  
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Heidi Caswell's profile photoJoseph L. Rosenberg's profile photo
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well, glad we have them now!
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An http://Empire.Kred Thanksgiving

Thanksgiving is a day of remembering family and friends and also to think about interests of times gone by. During the past year I joined social site http://empire.kred and met a bunch of interesting people who fed these interests. Today I give tribute to a sample of them.
Helen Rittersporn of Coastal North Carolina writes a blog called anchor scraps that blends new technology communication with old style corresponding. My old interests in letter writing and stamp collecting appear often in her blog and I enjoy her work.
Jen Rainwater of Pioneer CA was the original Oakland A's sock girl and now blogs about baseball. Baseball fans young and old will enjoy Jen's blogs.
Webster McN from Colorado Springs CO blogs about life and business lessons learned from chess. A good way to keep my interest in chess intact while gaining solid business advice.
Interested in music? Plenty of talented people crossed my path, from music CEO Rex Dow and Meresha, Timothy Snow managing Lily Kennex, and Joe Liedke of Rochester NY. All made an impact on me.
I'm still looking for a genealogy blog there but have other sites I look for in meeting my needs to explore my family tree.
Looking to find new bloggers or artists to look back on next Thanksgiving? Join me at http://empire.kred at https://www.empire.kred/CPAJOE?t=ezmic9th. I look forward to seeing you there.
Grow your Social Audience. Run and complete Missions to grow your audience and discover new content and people. Earn Rewards for being social and redeem for Gift Cards, Music, Movies and more!
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today is my one year anniversary at empire.kred. it has been an interesting experience. those you are members there can acquire shares in me commission free for a twenty four hour period.
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Passed my recertification exam for quickbooks desktop 2016 version
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Congratulations, +Joseph L. Rosenberg !
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2015 Year End Tax Planning
We are now in the last few weeks of 2015 so it is time to take a look at your income tax picture and see if you have accounted for all changes in the law that may affect your returns, as well as taking a proactive move to lower your taxes.
Here are a few things to consider:
1. Typically people will try to postpone income and accelerate deductions to lower taxes. Prepare a draft of your 2015 tax return, or have your accountant do so. Then consider whether your marginal income will be taxed at regular rates, alternative tax rates, or capital gains rates and at what rate in each category. That will help you decide what steps to take to change the outcome.
2. If you have not paid in enough taxes, consider making an estimated tax payment or increase your withholding from your last paychecks to cover the shortfall. This can also reduce any potential estimated tax penalty if you have not reached a safe harbor by not paying enough. Making your state tax payment this year may also give you a deduction for it on your federal tax return.
3. Watch for news of tax provisions that expired in 2014 being renewed for 2015 and maybe for 2016 as well. The tax extender bill, if enacted should occur this week before Congress goes home for the holidays.
4. Check if your taxable mutual funds are scheduled to pay large capital gain distributions before the end of the year and if you have them being reinvested in the same fund, taken in cash or being reinvested in another fund. You may wish to change those options before the distribution and its impact might affect your tax return if they are expected to be large.
5.If you have been taking a personal exemption for a child who graduated college this year and started working, you should see if you will be able to take the personal exemption for the child in 2015 or if the child will qualify for their own exemption. This will have an impact on both individual's tax liability. Also consider if the child will qualify as a resident of another state where they are now working. They might have to file two state returns this year so be ready for this.
6. Make sure you take required minimum distributions from your retirement plans to avoid a penalty for not doing so. You can always take more if you need the income or if you think you will be taxed in a lower bracket on that money this year compared to next. Consider making a contribution to a retirement plan if you are eligible to do so. Consider whether to make a Roth, or a deductible IRA, or a payment to a business retirement plan. Watch for deadlines on when to open a plan, or fund one.
7. The Affordable Care Act was new to individual taxpayers last year and some who did not have health insurance were subject to a shared responsibility payment. That payment will probably increase if you still don't have insurance. Also check to see if you qualify for exemptions from the payment.
8. The Internal Revenue recently increased the safe harbor for certain business expenses from $500 last year to $2,500 this year. Last year the regulations regarding repairs and maintenance were rewritten and required major changes for most businesses.Take a another look to see if you are in compliance with the new rules.
 
Now is the time to check on your proposed tax liabilities, not at April 15 when the returns are due.  Hope the exercise will give you the piece of mind you need when the time comes to actually file your returns.
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When to Sell Shares on Empire.Kred

Empire.kred is a virtual stock market game . In this article I will discuss when to sell shares.
Some players hardly ever sell. They might be long term players who have amassed hundreds of millions of eaves or even more, and have nowhere to deploy these assets, due to the limit on shares one can own, and the limited number of active players for whom there is an active market. Others have acquired many shares without paying eaves for them, through gift or invest missions by players who offer shares to others to increase the value of their shares in the market.   While there is no prohibition on selling such shares, many in the community frown on individuals selling freely acquired shares. But free players have no way of knowing when they look at their share holdings whether they acquired shares via purchase, gift or investment. Perhaps empire.kred can issue two classes of shares- restricted stock and unrestricted stock. Restricted stock can still earn dividends and be valued at full value ( or even discounted for limits on sale). Consideration can be made to increase the sales commission on restricted shares sold.
 Others sell shares that are not providing sufficient dividends  or the owner does not acquire a certain amount of shares in the acquiring shareholder. Some expect the buyer to acquire substantially the same amount of shares that the seller has. This is impractical. Since many of the higher priced stocks are beyond the ability of new players to match such shares, they cannot keep up. A fairer equalization could be based on cumulative share value. A 50 per eaves share stock with 100 shares owned could cost 5,000 eaves. If a person acquired 5 shares of a 1,000 eaves share price stock in return, that would result in equal value. It does not make sense for new players  to buy 100 shares of a 1,000 eaves stock, or 100,000 eaves to own equal shares. Similarly,when the new player's value increases, it would be consistent for that player not to expect the now newer players to own similar amounts of their higher priced stock.
Another time to sell stock is when a stock falls. How does one know when? Look at the chart of the stock price. Generally you will see the first week of stock price increasing followed by a significant increase over the next week or two.  Soon afterwards the stock will level out as by now almost all of the players who wish to acquire your stock have done so. Inevitably some people then begin to sell the stock and the chart trends down. Should one hold a declining stock? I'm in favor of selling such stocks. Many are of players who only came for a short period of time and are not active players in the game. These players will own few if any shares in others and mostly likely none of yours. Neither of you may have developed a relationship with the other. If they list their other social profiles you can try to interact with them on their other sites if you didn't on empire.kred.  If the player is active on the site by buying shares in others, participating in missions, and joining and participating in communities, then it is likely that additional shareholders will buy their shares, increasing its value and limiting the amount of sales.
    A player may also decide to sell share in one stock to acquire shares in others. This could happen if the expected returns in the new investment will exceed that of the old one, after paying commissions to sell to also to acquire new shares.  It may tougher to sell shares in those who own your stock, or with whom you have a relationship, but you can.
    I enjoy playing the market at empire.kred to increase my eaves and sharpen my skills in the virtual stock market. If you wish to join me at empire.kred my link is https://www.empire.kred/CPAJOE?t=ezmic9th
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Heidi Caswell's profile photoGene Dexter's profile photoJoseph L. Rosenberg's profile photo
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Heidi, having many eaves gives you lots of choices as to what to do and maybe some of our readers who are new to empire.kred will eventually get to that point.
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Costs Associates with Purchase and Sales of Stock in Empire.Kred.

Empire.kred is a virtual stock market game. In this article I will discuss issues associated with the purchase and sale of shares.
A member's profile at empire.kred starts upon signing up at the site with a share price of 10. Over the next six days only up to 400 shares can be acquired by another player. On the seventh day the 400 share limit is removed and a player can acquire additional shares, also known as a bigger piece of the pie. The acquirer must either pay real money or eaves to increase their limit in 100 share increments up to 5,500 shares. The cost to acquire a bigger piece of the pie increases, too.
  In addition to the cost to acquire the shares and the cost to increase your share limit, there are also commissions to buy additional shares. These commissions increase on a sliding scale from 5% to 10% of the value of the shares acquired. The more shares you own or acquire the higher the sales commission percentage.  So if you own 100 shares and acquire another 100 shares it costs you 5% of the sales price. However, if you own 1,500 shares and acquire another 100 shares it costs you 10%, or twice as much.  This becomes a disincentive for shareholders to acquire more shares.
     What if you sell shares? A similar sales percentage is calculated and I've seen a 13% sales commission on sales beyond 2,300 shares. It may even go higher in the higher echelons of ownership.
      If you buy or sell 2,000 shares the transaction screen will show a 10% commission rate. It is not clear to me whether that is the rate for all shares bought or sold, or if the break points are honored. I recommend buying or selling in steps to get the benefits of the various commission rates which increase at 500, 800, 1,300 and 1,500 shares on the buy side.
     You can see your history of purchases and sales of a profile unless you sell your entire position. This can help you evaluate your purchase prices, fair market value and gain or loss.
    Holding shares allows you to obtain daily dividends in an individual. The daily dividend rate is shown but no trend line is available as there is for share price. You can see a chart of high dividend payers to help you evaluate profiles if you believe dividends are important to you. Dividends received in the form of eaves can enable you to use them to acquire more shares or create missions.
More information is available on the company help screens to learn more about buying and selling shares. 
 
I enjoy playing the stock market game at empire.kred to evaluate positions based on share price and dividends. If you would like to join me there , here is the link: https://www.empire.kred/CPAJOE?t=ezmic9th
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Joan Stewart's profile photoJoseph L. Rosenberg's profile photo
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thanks Joan. The site keeps evolving and there is still plenty to it even if it didn't roll out something new on a regular basis.
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Planning for Year-end and for the New Year to Come
As 2015 comes to a close, it is time to review your business activities to see if you have met your goals or still have time to do so. Did you ever create an annual budget for the business? If so, are you up to date on your books and records so that you can compare your actual results to the projected ones? 
Many small businesses do not have either a budget or up to date books, making it unlikely that they had a business plan where they wrote down their goals and developed a way to meet them.
Some businesses are stymied by the US Congress not having passed a law extending various tax provisions that expired at the end of 2014 and are usually extended retroactively to the beginning of the year when the lawmakers eventually get around to it. Some businesses go ahead and spend the money to buy new equipment even though they are not sure they will get the expected tax break in 2015 for the purchase. Others will wait until the law is passed. Then it might be too late to act. Some equipment can be purchased off the shelf while others require a lead time to create, test and place in service before year end. Manufacturers can anticipate passage of the extenders bill and order sufficient quantities of materials and have access to personnel and manufacturing facilities to create the goods on demand.  
If a business has not kept its books up to date, how long with it take to get them current?  Having up to date books can provide guidance for the end of the year's results. If the company has outstanding loans then the lender may have required the company to meet certain targets in working capital and profitability. Having current books can enable companies to make decisions so that their lenders will be satisfied with the results or can start to develop an explanation as to why they didn't meet their goals.
And 2016 is just around the corner. It is time to prepare your budgets for that year, too. 
Will they be based on expected 2015 results? If so you will need reasonably accurate books for 2015 to develop the assumptions used for 2016.
Successful businesses usually have a plan and are implementing it well. See if you can take these steps to put or keep your business on the path to success.
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Let me know what do you doing , what bussiness working, Long time i saw you .
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Education
  • New York University Stern School of Business
    Accounting, 1967 - 1971
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CPA -NJ and NY
Introduction
New Jersey and New York Certified Public Accountant. I prepare personal and business tax returns, setup and assist businesses with Quickbooks accounting software, and teach small business topics at a couple of local community colleges. An avid networker.
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Certified Public Accountant, Certified Quickbooks Professional Advisor, Instructor in small business subjects at local community college in New Jersey
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  • Joseph L. Rosenberg CPA
    Owner
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Florham Park, NJ - Livingston, NJ - North Arlington, NJ - New York, NY
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973-443-4332