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Last week, a bipartisan group of senators introduced a bill that would retroactively reinstate the Employee Retention Credit (“ERC”) for…

On February 16th, 2022, the IRS updated its FAQs relating to Schedules K-2 and K-3. The objective of this update…

Robert EwanisFebruary 17, 2022

Earlier this week, Governor Murphy signed into law a bill designed to resolve a number of challenges with New Jersey’s…

Len NittiJanuary 21, 2022

With a new year comes new IRS mileage guidance. Recently released IRS Notice 2022-03 outlines the mileage rates effective 1/1/2022:…

Tim TorresDecember 21, 2021

In 1959, the federal government enacted P.L. 86-272, which protects an out-of-state company from a state’s net income tax if…

For millions of American taxpayers, Oct. 15 is as important a date as April 15, the traditional deadline to file…

Bill McDevittOctober 13, 2021

The House Ways and Means Committee released its plan on how to pay for the $3.5 trillion Build Back Better…

WilkinGuttenplanSeptember 20, 2021

As part of the ongoing discussions regarding proposed tax law changes, the recent proposal regarding the exclusion for the sale…

Lauren LandolfiSeptember 15, 2021

The Benefits of Possible Qualified Small Business Stock Gain Exclusion Under Section 1202 A frequently encountered transaction on a personal…

On Thursday, March 11, President Biden signed the American Rescue Plan Act of 2021 (“the Act”) into law. In addition…

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