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New Jersey Announces Temporary Streamlined Business Reinstatement and Dissolution Program

In what is likely an attempt to clean up defunct and noncompliant corporations and limited liability companies, New Jersey has…

Len NittiFebruary 21, 2020

Real Estate State and Local Tax Tax Services Tax Talks Blog

Do My Section 1231 Gains Qualify for Qualified Opportunity Zone Benefits?

With the issuance of the final Tax Regulations on qualified opportunity zones (QOZ), taxpayers who have Section 1231 gains that…

Len NittiJanuary 28, 2020

Articles State and Local Tax Tax Law Resources Tax Services

Is BAIT New Jersey’s Solution to the Infamous TCJA SALT Limitation

One of the most talked about provisions of the Tax Cuts and Jobs Act (TCJA) was the severe limitation placed…

Karen ArtasanchezJanuary 27, 2020

Articles Not-for-Profit Tax Services

Parking Tax Repeal and Private Foundation Update

The Tax Cuts & Jobs Act (TCJA) enacted in 2017 had categorized amounts paid or incurred to provide employees with…

Samantha KittnerJanuary 16, 2020

Articles Tax Services

Reminder: Form 1099-Misc must be filed by January 31st

For the 2019 filing season, Form 1099-MISC which reports nonemployee compensation is due on January 31st. This deadline applies to…

Alan BurdgeJanuary 16, 2020

Articles Individual Tax Tax Services

Immediate Actions Needed by Retirement Plans to Comply with the SECURE Act of 2019

On December 20, 2019, the Setting Every Community Up for Retirement Enhancement Act (SECURE Act) became law. The SECURE Act…

WilkinGuttenplanJanuary 14, 2020

Articles Business Tax Tax Services

2020 Mileage Rates for Business, Medical, and Moving Announced

In December 2019, the IRS released the 2020 optional standard mileage rates to be used by taxpayers to compute deductible…

WilkinGuttenplanJanuary 6, 2020

Articles Individual Tax Tax Services Tax Talks Blog

Year‐End Tax Savings For Businesses

It is hard to believe that 2019 is already coming to an end, but as a business owner, it is…

Melisa SirakDecember 27, 2019

Articles Estate and Trust Multimedia Tax Services

Did You Know? “Tuition Gifting” Rule

https://www.youtube.com/watch?v=SPZnRMzXfy8 Each year, an individual can gift up for $15,000 (“annual gift exclusion”) per donee for 2019 and 2020 without…

Brian GeisslerDecember 20, 2019

Articles Tax Law Resources Tax Services

California to Selectively Conform With Several Provisions from the TCJA

Summary California recently enacted a bill as part of the budget package for the fiscal year 2020. Called the “Loophole…

WilkinGuttenplanDecember 9, 2019

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