State and Local Tax Archives

Articles COVID-19 State and Local Tax Tax Services

New York State Addresses Personal Income Tax Conformity with CARES Act

New York State recently released Frequently Asked Questions regarding its conformity with various tax provisions under the federal Coronavirus Aid,…

Jenna SanfilippoJanuary 20, 2021

Articles State and Local Tax

The New Jersey Economic Recovery Act of 2020

On January 7, 2021, Governor Murphy signed the New Jersey Economic Recovery Act of 2020 (the “Act”) into law. The…

Jenna SanfilippoJanuary 13, 2021

Articles COVID-19 State and Local Tax Tax Services

New York Issues Guidance on COVID-19 Telecommuting

After months of not addressing the nonresident withholding requirements for COVID-19 telecommuting, New York recently broke its silence by posting…

Meg ChesleyDecember 1, 2020

Articles State and Local Tax Tax Services

Go Ahead, Take the BAIT!

As part of the 2017 Tax Cuts and Jobs Act, the deduction for state and local taxes was severely limited.…

Karen ArtasanchezNovember 10, 2020

Articles State and Local Tax

NJ BAIT – Year-end Tax Planning Considerations for Pass-Through Entities

While 2020 has been a year like no other, one thing that remains unchanged is the need for year-end tax…

Karen ArtasanchezOctober 30, 2020

Articles International Commerce Group International Tax State and Local Tax

New Jersey Provides Tax Relief to S Corporations with Foreign Income

The Global Intangible Low Taxed Income (GILTI) tax regime was first introduced under the 2017 Tax Cuts and Jobs Act.…

Robert EwanisAugust 20, 2020

COVID-19 State and Local Tax Tax Services

NJRA Small Business Lease Emergency Assistance Grant Program Application to Open on Monday, August 10th

The New Jersey Redevelopment Authority (NJRA) has responded to the impact of the COVID-19 pandemic on the state economy by…

Meg ChesleyAugust 5, 2020

COVID-19 State and Local Tax

NJEDA to Open Second Phase of $45 Million Grant Program on Tuesday

The New Jersey Economic Development Authority (NJEDA) recently announced that applications for the expanded Small Business Emergency Assistance Grant Program…

Meg ChesleyJune 4, 2020

Articles COVID-19 State and Local Tax

New Jersey Finally Announces Formal Tax Relief

The State Senate and Assembly have both passed a new tax relief bill today to finally grant New Jersey taxpayers…

Len NittiApril 13, 2020

COVID-19 State and Local Tax

NJEDA to Open Small Business Emergency Assistance Loan Program on Monday

The application window for the Small Business Emergency Assistance Loan Program which was previously announced by the NJ Economic Development…

Meg ChesleyApril 9, 2020