Tax | Cg Tax, Audit & Advisory

06 Jun

Revised NJ Family Leave Policies

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July 12, 2019

Employers, are you ready to comply with the revised laws regarding New Jersey’s family leave policies? This might help: NJ’s Department of Labor and Workforce Development has created an FAQs sheet that reflects amendments...

04 Jun

Federal Tax, Tax

Might Be Time For a Paycheck Checkup!

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July 12, 2019

Do you work multiple jobs or are you adding a summer job this year? The IRS suggests that you conduct a “paycheck checkup” to learn if you’re having the right amount of tax withheld...

30 May

State & Local Tax, Tax

Updated Info on NJ Set-Off/Offset Programs

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July 12, 2019

The New Jersey Division of Taxation has updated its guidance on set-off programs. They divert a taxpayer’s refunds and government payments to pay federal or state debts, such as unpaid taxes, traffic fines or...

28 May

Federal Tax, Tax

Retirement Legislation Moving Forward

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July 12, 2019

On May 23, U.S. House lawmakers overwhelmingly approved a retirement bill, the “Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019.” The vote was 417-3. The bill provides incentives for retirement security...

23 May

State & Local Tax, Tax

Filing Under NJ’s Corporation-Business Tax Statute

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July 12, 2019

The New Jersey Division of Taxation has listed more entities that must file separately under the state’s corporation-business tax statute. Read full article here.

21 May

Federal Tax, Tax

Tax Support for Families Under Current Law

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July 12, 2019

The Treasury Department’s Office of Tax Policy has published a research report of interest to families. “Tax Support for Families under Current Law” discusses major tax provisions that support typical families, the number of...

16 May

State & Local Tax, Tax

New Legislation Establishes a State Retirement Savings Program

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July 12, 2019

The “New Jersey Secure Choice Savings Program Act” sets up the program for certain workers not covered by another retirement plan. It establishes a standard employee contribution level for those workers of 3%. Read full...

14 May

Federal Tax, Tax

If You Call the IRS, Be Prepared to Identify Yourself

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July 12, 2019

Tax-related identity theft is on the rise. That’s why the IRS says its call center professionals take great care to ensure they discuss personal information only with taxpayers (or authorized representatives). Read full article here.

09 May

Tax

A Break for Out-of-State Businesses in a Disaster

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May 9, 2019

The New Jersey Dept. of the Treasury explains that a business that restores critical infrastructure in a declared disaster isn’t required to register, file, report and pay state or local taxes or fees requiring...

07 May

Tax

Draft Forms for QBI Deduction Section 199A

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May 8, 2019

The IRS has released two draft forms to compute the qualified business income (QBI) deduction under Section 199A. The draft forms are Form 8995 (“Qualified Business Income Deduction Simplified Computation”) and Form 8995-A (“Qualified...

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