As seen on NJ.com, May 21, 2019. Question: Does a foreign bank account get reported every year on your tax return? – Investor Answer: Reporting a foreign bank account is separate from your tax return. An FBAR, or Foreign Bank Account Report (FinCEN Form 114), is required to be filed by all […]
As seen in NJ.com, November 4, 2018 The dreaded New Jersey inheritance tax: How it works, who pays and how to avoid it New Jersey finally eliminated its estate tax, but so far, the state is hanging on to the inheritance tax. That’s because it brings lots of revenue to […]
The Bond Buyer, October 19, 2018 This holiday retail season could provide cash-strapped New Jersey with a Christmas gift of more than $300 million of new annual revenue thanks to a new state tax law set to take effect Nov. 1. Gov. Phil Murphy signed legislation in early October requiring most remote […]
As seen in Consumer Reports/www.consumerreports.org, October 3, 2018 Check your withholding and take other steps to get more in your paycheck now or limit the damage later “The Tax Cuts and Jobs Act of 2017, with its lower tax rates and higher standard deduction, has put extra money in workers’ […]
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