TAX

On the Move: Change of Domicile
 

On the Move: Change of Domicile

Posted: May 16, 2018
Domicile is important in determining a client’s primary state of residence for income and estate tax purposes. For income tax purposes, resident individuals are taxed on their worldwide income by their domiciliary state. Find out more.

EDA Accepting Applications for 2018 NOL Program
 

EDA Accepting Applications for 2018 NOL Program

Posted: May 14, 2018
Qualified, unprofitable technology or biotechnology companies based in New Jersey can sell a percentage of NOLs and R&D tax credits for cash through a program offered by the New Jersey Economic Development Authority.





NJCPA Responds to Governor Murphy’s Proposed FY 2019 Budget
 

NJCPA Responds to Governor Murphy’s Proposed FY 2019 Budget

Posted: March 14, 2018
The NJCPA applauds Gov. Murphy for developing a comprehensive budget plan that promotes critical priorities including education, mass transit, workforce development, and public health and safety. But we are concerned that the increased spending and revenue raisers in the Governor’s budget will have far-reaching consequences, affecting New Jersey’s ability to grow and attract business.​

NJCPA Member Alan Sobel Leads Charge in Helping Small Businesses
 

NJCPA Member Alan Sobel Leads Charge in Helping Small Businesses

Posted: March 14, 2018
Alan Sobel, CPA, managing member of Sobel & Co. LLC, and member of the New Jersey Society of CPAs (NJCPA), proposed a plan to help small businesses or flow-through entities in New Jersey in light of the recent limitations on the state and local tax (SALT) deduction stemming from the Tax Cuts and Jobs (TCJA) of 2017. The plan has been endorsed by Senators Paul Sarlo (D-Bergen), Steve Oroho (R-Sussex), Troy Singleton (D-Burlington) and Anthony Bucco Sr. (R-Morris), who are drafting legislation.


Comforting Clients Through New Jersey Sales Tax Audits
 

Comforting Clients Through New Jersey Sales Tax Audits

Posted: February 28, 2018
There is almost no way to avoid being audited. Eventually, whether taxpayers are doing something wrong or not, they will be selected to be audited. Find out how expensive it is and whether an audit can be prevented.

The State Taxation Interest Group provides an open forum for members to discuss and learn about NJ state taxation issues.

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