The Congressional Budget Office (CBO) recently published “Options for Reducing the Deficit: 2019 to 2028.” The report presented 121 options that, according to the CBO, “would decrease federal spending or increase federal revenues over...

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A temporary surtax in addition to the annual corporation franchise tax is being imposed on companies with NJ allocated taxable net income exceeding $1 million. The rates are 2.5% for tax years 1/1/18 through...

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The Tax Reform legislation has business owners considering whether their current business structure is most advantageous with the new regulations. C corporations are now tax at a flat 21% federal income tax rate which...

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Now that Donald Trump is our president-elect, major changes in tax law are expected. Although the exact details are months away, here are a few highlights of the Trump administration’s tax proposals for individuals...

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With the recent headlines surrounding the new federal tax reform laws, many have expressed concern about how this new legislation will affect them personally and professionally. Rest assured that your CG Team is working...

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According to an article from NJ.com, Governor Chris Christie issued an executive order yesterday requiring that all municipalities in New Jersey allow homeowners to prepay 2018 property taxes, as long as the payments are postmarked by December 31, 2017. Read full article...

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President Trump and congressional Republicans have been working on some potential tax reform that is expected to be revealed next month. There could be some changes in line for individual tax rates, estate tax,...

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The U.S. Senate voted early Saturday morning to pass a sweeping tax overhaul worth roughly $1.4 trillion. Saturday's vote means the Senate and House have passed similar tax reform plans, but negotiators from both chambers...

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