New Jersey Society of CPAs Reminds Taxpayers to Stay Abreast of New Tax Laws This Tax Filing Season As the tax filing season begins, Alloy Silverstein and the New Jersey Society of Certified Public Accountants…

Federal Qualified Opportunity Zones: Impacted by Government Shutdown Due to the current government shutdown, the IRS has announced the indefinite postponement of a public hearing on proposed regulations for Qualified Opportunity Zones. The hearing, originally scheduled…

New tax legislation provides numerous tax benefits for individuals for 2018 through 2025. But not all the changes are likely to align with your go-to tax strategy from previous years. Here are five big tax…

Most of the time, year-end tax planning is based on tried-and-true principles. For instance, people often end up accelerating deductions into the current year to offset their tax liabilities, while deferring income to the next…

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…

Consider conducting a final tax planning review now to see if you can still take actions to minimize your taxes this year. Here are some ideas to get you started. Assess your income. Begin by…