NJ 2016 Income Tax Refunds will not be issued until March 1, 2017
Archive for the 'Taxes' Category
What’s New? Beginning January 22, 2017, employers must use only the new Form I-9 as reported by the US Citizenship and Immigration Services on their website www.uscis.gov. The new form is dated 11/14/2016 on the bottom of each page and expires... Read More
In Charge of Dad’s or Mom’s Estate? When a loved one passes away and you’re named as executor of his or her estate, you’re likely to feel a mix of emotions. Sadness over the individual’s demise, of course but mixed with that, will be... Read More
By: Jeffrey D. Urbach, CVA, CPA/ABV/CFF Business owners have been saving estate taxes by transferring assets in the form of FLPs (Family Limited Partnerships) or outright gifts of company stock to family members. The tax savings are the result of... Read More
Out of state staffing firm not registered in NJ didn’t have right to enforce contract in NJ courts, also no right to pursue collection of fees in NJ courts
Did you check your NJ SUI rates? Over the last few weeks, all New Jersey employers received a Notice of Employer Contribution Rates. This is not a bill, but rather a summary of the manner in which the NJ Department of Labor calculates the employer... Read More
The FBAR: Who Should File? Do you have income overseas you forgot to report? Did Grandpa leave you his foreign bank account when he passed away? If you have foreign bank accounts holding more than $10,000 in the aggregate anytime during the year, you... Read More
NJ employers can reduce NJ SUI (unemployment rates) by making a voluntary payment. The deadline in August 25, 2015.
Distributions made by March 5, 2015 are a way to significantly lower the 2014 income tax for trusts and estates even though it will increase the individuals personal income tax. Deadline is March 5, 2015 to make that special election for 2014.
Hit by NJ Exit Tax? Non-residents can recoup the withholding.