Retailers and service providers who sell into New Jersey and Pennsylvania must now pay state sales tax under certain conditions. In New Jersey, the rule applies to remote sellers if their gross revenue from sales…

When New Jersey legalized sports betting, they had expected tax revenue of $13 million by the end of the year. In the grand scheme of their budget woes, that is not a big impact, however…

Do you have any hourly employees? Well get ready to pay them at least $15 an hour. Recent legislation increased the New Jersey minimum wage to $15 per hour, about a 70% increase. Many small…

The manufacturing industry in New Jersey is growing. According to the National Association of Manufacturers, the manufacturing industry in the State had a total output of $49.30 billion in 2017 compared to $45.93 billion in…

New legislation signed into law on July 1, 2018, made several changes to the New Jersey Gross Income Tax Act as part of New Jersey’s fiscal year 2019 budget. The changes include increases in the…

As a result of the latest sweeping tax reform, there are about 8,700 designated Opportunity Zones throughout the United States. Navigate the below map to find eligible municipalities and speak with your CPA about the…

In December 2017, the Tax Cuts and Jobs Act was signed into law. The bill represented the first major tax reform since the 1980s. Some of the most notable pieces of the bill were the…

New Jersey has always ranked as having some of the highest real estate taxes in the country. For a long time, many taxpayers could deduct all of those taxes on their federal tax return until…