Withum

AUGUST 24, 2023

The choice of where to establish one’s residency prior to a liquidity event can have far-reaching implications regarding income taxes and personal financial goals. Make sure you are considering the type of income when implementing state income tax planning techniques.

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income tax tax planning South Dakota Wyoming 52

Withum

FEBRUARY 15, 2024

Tax loss harvesting is an income tax planning strategy that involves selling investments at a loss with the intent to offset capital gain income. This strategy is beneficial to taxpayers who have large capital gain income and are seeking ways to lower their related income tax liability.

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Tax income tax New Jersey CPA 123

Withum

MAY 4, 2022

Some of the major PTET highlights include amplifying the benefits for resident S corporation shareholders, as well as establishing a New York City PTET. For context, in January 2022, New Jersey revised its PTET, resulting in it being more uniform with New York’s PTET. PTET Income Tax Addback.

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income tax New York Tax New Jersey 112

CPA Practice

NOVEMBER 29, 2023

In light of the developments associated with efforts to the increasing digitalization of our economy – which has profound effects on sales taxability, income tax sourcing, and the application of Public Law 86-272, the panel covers the inconsistent interpretations of tangible person Property. What do you know and need to know?

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CPA Practice

JANUARY 16, 2024

The package would not raise the $10,000 cap on state and local income tax deductions, which could undermine support among lawmakers from high-tax, high-cost-of-living states, such as California, New York and New Jersey. ©2024 CQ-Roll Call, Inc., All Rights Reserved. Visit cqrollcall.com.

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tax planning Tax New Jersey Ohio 116

CPA Practice

MAY 13, 2024

“Instead of a Biden tax hike, I’ll give you a Trump middle class, upper class, lower class, business class big tax cut,” Trump said at a rally Saturday in Wildwood on the New Jersey shore. The presumptive Republican presidential nominee has yet to release a formal tax plan. ©2024 Bloomberg L.P.

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