News & Insights

The New Jersey statewide mandatory paid-sick-leave law will go into effect on Oct. 29. Once effective, it will require New Jersey employers of all sizes to provide up to 40 hours of paid sick leave per…

The state Division of Local Government Services adopted regulations to implement a “SALT” deduction workaround that Gov. Phil Murphy and U.S. Rep. Josh Gottheimer (D-N.J.) introduced earlier this year…

The U.S. Department of the Treasury and the Internal Revenue Service issued proposed regulations providing rules on the availability of charitable contribution deductions when the taxpayer receives or…

The Internal Revenue Service issued guidance on new tax law changes that allow small business taxpayers with average annual gross receipts of $25 million or less in the prior three-year period to use the…

On Aug. 17, the Internal Revenue Service released a private letter ruling that could make it easier for employers to use their 401(k) plans to assist their employees who are repaying student loan debt…

In South Dakota v. Wayfair, 1 issued June 21, 2018, the US Supreme Court overturned both its prior rulings in Quill 2 and National Bellas Hess, 3 finding that the physical presence nexus standard articulated…

The New Jersey governor signed a bill that: impose a surtax on corporations for two years; decouples from certain provisions of the federal Tax Cuts and Jobs Act; reduces the dividend exclusion; requires…

The 2018 New Jersey Tax Amnesty will provide an opportunity for eligible taxpayers to file and pay their past due taxes with reduced interest and no penalties. Take advantage of Amnesty while you can:…

A tax cuts “2.0” draft will likely be unveiled to House Republicans in July, the House’s top tax writer has said. A draft of the tax reform “phase two” legislative outline is expected to be released…