May 29, 2023 | Tax, Uncategorized
In honor of the end of this year’s tax season, here’s some trivia questions for you! We can’t promise they’ll make you a hit at the next dinner party, but some of them are interesting nonetheless. How many answers do you know? The first true...
May 29, 2023 | Estate Planning, Tax
While New Jersey eliminated the estate tax in 2018, the inheritance tax is still alive and well. The New Jersey inheritance tax is a tax on inheritances left to non-lineal, Class C and Class D beneficiaries[1]. If you are a New Jersey resident and you plan on leaving...
May 29, 2023 | Estate Planning, Tax
When you think of the state of New Jersey and taxes, you usually expect them to be on the higher side relative to other states. When it comes to the “death tax” or estate taxes, New Jersey has surprisingly become more favorable over time. Many of our clients have...
Jan 24, 2023 | Business, Tax
As we all may be aware, the 2017 Tax Cuts and Jobs Act (TCJA) benefited businesses by providing 100% bonus depreciation on certain qualified assets. As this provision started phasing out at the end of 2022, businesses should already be thinking about how this will...
