Withum

AUGUST 3, 2023

On July 3, 2023, New Jersey enacted comprehensive tax legislation (A5323) that will likely impact every business in one shape or another. This includes investment management companies, such as investment advisors, hedge fund managers, mutual fund service providers, broker-dealers, and similar financial service businesses.

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New Jersey income tax Tax payroll 52

CPA Practice

FEBRUARY 6, 2024

We predict that at least two more states will enact elective PTE taxes, despite the looming expiration of the federal SALT cap. Income tax rate fluctuations States are facing a very uncertain and non-uniform fiscal environment at the moment, affording some, but by no means all, states the ability to reduce state income tax rates.

South Dakota 124

South Dakota Tax Maryland income tax 124

Withum

JULY 12, 2023

New Jersey Gov. Phil Murphy signed into law A5323 on July 3, 2023, which includes wide-ranging provisions that will considerably impact businesses. The implementation of MBS may affect pass-through owners who reside in low or no-income tax states. Now, such strategies may need to be rethought.

New Jersey 52

New Jersey Tax business tax income tax 52

Shay CPA

MAY 1, 2024

All the way back in 2012, a remote worker/taxable nexus case went before the New Jersey Superior Court. Director, New Jersey Division of Taxation , the decision validated that an out-of-state employer could be subject to New Jersey’s corporation business tax because just one remote worker resided and worked within state lines.

Tax 52

Tax income tax New Jersey Education 52

xendoo

JANUARY 16, 2023

Filing taxes as a small business owner can be complex, with numerous factors to consider. From tax law revisions to the overwhelming number of forms, understanding your small business tax rate and how to file can be difficult. Your business entity type and preferred filing status will also affect your tax rate.

business tax 52

business tax Tax income tax payroll tax 52

inDinero Tax Tips

APRIL 20, 2021

Incorporation is a critical legal matter that impacts more than your company’s tax responsibilities for doing business. The Delaware Division of Corporations offers electronic (in-person is suspended during the COVID-19 emergency) submission of business entity documents between the hours of 7:45 a.m. Delaware does tax companies.

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Delaware Wyoming Nevada Oregon 64

ThomsonReuters

OCTOBER 20, 2020

The results of the Checkpoint Catalyst Survey of States’ Approach to Temporary Telecommuting survey show that the business tax consequences of COVID-19 telecommuting for companies large and small are unclear in most states. Differing considerations from COVID-19 uncertainty around sales and use tax nexus and income tax nexus.

South Dakota 40

South Dakota Sales Tax Rhode Island 40

CPA Practice

JANUARY 16, 2024

Senate Finance Chairman Ron Wyden and House Ways and Means Chairman Jason Smith unveiled a roughly $78 billion tax deal Tuesday that would revive a trio of business tax credits, expand the child tax credit and boost low-income housing. aim to pass the tax package before Jan. Wyden, D-Ore., and Smith, R-Mo.,

tax planning 116

tax planning Tax New Jersey Ohio 116

CPA Practice

JANUARY 16, 2024

By Caitlin Reilly, CQ-Roll Call (TNS) Senate Finance Chairman Ron Wyden and House Ways and Means Chairman Jason Smith unveiled a roughly $78 billion tax deal Tuesday that would revive a trio of business tax credits, expand the child tax credit and boost low-income housing. aim to pass the tax package before Jan.

Tax 52

Tax New Jersey Ohio income tax 52

CPA Practice

MAY 23, 2023

Meanwhile, state Senate President Nick Scutari , D-Union, said he is also working on that proposal — and left open the possibility of paying for it by extending a corporate business tax surcharge that Gov. New Jersey is home to the nation’s highest property taxes, with the average bill hitting a record $9,490 in 2022.

New Jersey 116

New Jersey Tax business tax Start-ups 116

ThomsonReuters

DECEMBER 14, 2020

The New Year Brings Fresh Uncertainty for U.S. Business Tax Professionals. The tax rules and regulations U.S. These are not simple regulations,” Oaks said, noting that the new business interest regulations alone were more than 800 pages long. “On The post The New Year Brings Fresh Uncertainty for U.S.

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business tax Tax Montana New Hampshire 94