June 01, 2022
Upcoming Tax Deadlines June 15, 2022 – Second quarter 2022 individual estimated tax payments are due. August 1, 2022 – Due date for filing 2021 retirement or employee benefit plan returns (5500 series) for calendar…
Read More...April 20, 2022
Starting April 21, 2022, adults over the age of 21 years-old can purchase up to 1 ounce of legal marijuana for personal and recreational use at certain approved facilities throughout the state. Thirteen currently-operating medical…
Read More...March 10, 2022
New Jersey’s legalization of recreational marijuana in November 2020 has investors and growers seeing green. Experts predict that sales for legal weed could grow to $1.6 billion by 2025. That doesn’t include other uses of…
Read More...February 11, 2022
As part of the New Jersey Economic Recovery Act of 2020 (NJERA), $15 million has been set aside to reimburse NJ small businesses for costs associated with making building improvements or purchasing new equipment. Applications…
Read More...January 21, 2022
As of January 2022, several new laws have been passed in the state of New Jersey that could impact the tax planning for your business or non-profit. Revised NJ Business Alternative Income Tax Act (BAIT)…
Read More...September 29, 2021
New Incentive for New Jersey Employers and Unemployed Residents Earlier this week, NJ Governor Phil Murphy announced a new incentive with the NJEDA to help encourage more unemployed workers to transition back into the workforce….
Read More...March 20, 2021
NJ & PA personal returns now due May 17 Last week, the IRS and U.S. Treasury extended the federal income tax filing and 2020 payment deadline for individuals from April 15 to May 17. As…
Read More...December 15, 2020
Tax Update for NJ Pass-Through Entities Act quickly to save tax dollars thanks to new legislation. What is it? New Jersey recently enacted the Pass-Through Business Alternative Income Tax Act (NJ BAIT) in an…
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