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Expanding Your Cap Table? Watch out for Tax Trap 382. There is a significant amount of money spent on research…

What you need to know about the NJ ANCHOR Program The NJ ANCHOR (Affordable NJ Communities for Homeowners & Renters)…

Justin HughesJanuary 31, 2023

The New Jersey Division of Taxation recently referenced their position on how to treat certain loans, grants, and cancellation of…

Justin HughesNovember 1, 2022

Certain Residents of Florida, North Carolina and South Carolina Receive Extra Time for IRS Penalty Abatement The IRS issued Notice…

Justin HughesOctober 21, 2022

In an unexpected announcement on August 24, 2022 (Notice 2022-36), the Internal Revenue Service (IRS) issued broad penalty relief as…

In response to rising gasoline prices, the IRS has announced an increase to the optional standard mileage rates for business,…

New York Governor Kathy Hochul recently passed several pieces of legislation in connection with the New York 2023 fiscal year…

On February 16th, 2022, the IRS updated its FAQs relating to Schedules K-2 and K-3. The objective of this update…

Robert EwanisFebruary 17, 2022

The Urban Enterprise Zone (UEZ) Reform Bill was signed into law recently after a re-evaluation requested by the New Jersey…

The Infrastructure Investment and Jobs Act, signed into law in November 2021, retroactively removed the employee retention credit (“ERC”) for…