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New Jersey Tax Alert: COVID-19 Test Kits...
The New Jersey Division of Taxation has advised that because the presumption in New Jersey is that a lump sum charge that consists of taxable and nontaxable items is subject to tax, retail sales of... Read More > -
New Jersey Tax Alert: Virtual Currency and Sales Tax...
The New Jersey Division of Taxation has advised that the purchase of convertible virtual currency for investment purposes is treated as the purchase of intangible property and is not subject to sales... Read More > -
New Jersey Tax Alert: Commuter Transportation Benefits...
The New Jersey Division of Taxation has announced that the adjusted limit for employer-provided commuter transportation benefits excludable by an employee for New Jersey Gross Income Tax purposes... Read More > -
Tax Alert: Garden State Film and Digital Media Jobs Act...
The New Jersey Division of Taxation has updated its list of answers to frequently asked questions regarding the film and digital media tax credit. The Division states that applicants that are seeking... Read More > -
Tax Alert: New Jersey's Earned Income Tax Credit...
The New Jersey Division of Taxation is reminding taxpayers and practitioners that for the 2021 tax filing season, the New Jersey's Earned Income Tax Credit (NJEITC) is 40% of the federal credit,... Read More > -
New Jersey Department of Taxation Announcement: New...
The New Jersey Division of Taxation has advised that there will be three new deductions available for college related expenses in the 2022 tax year for taxpayers with gross income of $200,000 or... Read More > -
New Jersey Division of Taxation Announcement: Important Tax ...
The New Jersey Division of Taxation has listed the following important tax changes that impact 2021 personal income tax... Read More > -
New Legislation Drops Notable Tax Law Changes: What You...
Earlier this week legislation was introduced in Congress that reflects President Biden's "Build Better" plan. This replaces legislation previously introduced on September 13, 2021 and... Read More > -
NJ Tax Relief for Hurricane Ida Victims...
The New Jersey Division of Taxation is following the federal guidelines for tax relief as recently provided in the Internal Revenue Service announcement LA-2021-04, issued August 31, 2021, for... Read More >