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Transferring wealth from one generation to the next is a tricky business. It becomes even more complex when a family business is involved since it raises many different emotions tied to planning for the succession of the business and presents significant questions for business owners. Whether consciously or subconsciously, many […]

On June 30, 2020, the New Jersey Supreme Court reversed the Appellate Division in Gourmet Dining, LLC v. Union Township (A-8-19), finding that a high-end for-profit restaurant located on the Kean University campus did not qualify for a local tax exemption. Applicable Tax Statutes The Supreme Court discussed the applicability […]

On March 27, 2020, the President signed the $2 trillion stimulus package as part of the third phase of the federal government’s response to the COVID-19 pandemic.  The “Coronavirus Aid, Relief, and Economic Act” or “CARES Act” includes cash relief for individuals, lending to small businesses and relief for certain […]

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