TAX

10 Strategies to Minimize Your Client
 

10 Strategies to Minimize Your Client's Taxes

Posted: September 25, 2017
Tax professionals are always looking for ways to help clients save money on their taxes. The following article lists 10 tax planning strategies to consider that may not be top-of-mind.

What the 2017 Election Could Mean for Your Business and Clients
 

What the 2017 Election Could Mean for Your Business and Clients

Posted: September 25, 2017
While there is no way to know the outcome of New Jersey's governor election in November, this article will explore the potential tax policy changes under a new administration should the Democratic candidate win the election.

Transportation Trust Fund Addressed Through Tax Changes
 

Transportation Trust Fund Addressed Through Tax Changes

Posted: September 12, 2017
Last fall, the New Jersey legislature passed and Gov. Chris Christie signed into law a bill that funded New Jersey’s tapped-out Transportation Trust Fund (TTF). It combined a hike in the state's gas tax and a reduction in various taxes. Read to see more of its impact.

Planning Opportunities for the Final Tax Return
 

Planning Opportunities for the Final Tax Return

Posted: July 5, 2017
Careful planning can avoid the loss of a number of tax attributes when a taxpayer dies, including passive activity losses, net operating losses, and charitable contributions, which should be used on the taxpayer's final income tax return. Find out the tax treatment of these and other items.




Estate Tax Cuts Already Changing CPAs
 

Estate Tax Cuts Already Changing CPAs' Advice to Flee NJ

Posted: November 14, 2016
Three-quarters of CPAs in New Jersey have advised clients to leave the state because of the estate and inheritance taxes. That tax is ending – and so is the advice, even before the law is off the books.

Electing Small Business Trusts
 

Electing Small Business Trusts

Posted: November 11, 2015
There are tight restrictions on who can be a shareholder of an S corporation. In certain circumstances, a trust can qualify as an electing small business trust.