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Bill to combat NY taxation of NJ residents clears committee
“New Jersey is being played by unjustifiable policies that not only cost individuals and families money, but also rob the state of as much as $1 billion in revenue,” said Sen. Jon Bramnick, R-21st District, a sponsor of the legislation.
NJBIZ panel tackles tax planning
Chief Editor Jeff Kanige moderated the conversation, featuring experts from Smolin, Lupin & Co., SKC & Co. CPAs, Intac/FuturePlan and Gibbons PC.
Last-minute tips for trimming your tax bill
The end of December is barreling down for calendar-year business filers, so NJBIZ spoke with some accounting and tax experts to get the latest insights.
Bipartisan legislation would combat congestion pricing, ‘unjust taxation’
“This is an issue that warrants no debate; on both sides of the aisle, we can all agree that we must protect our residents from unfair and inordinate taxation from other states,” the governor said announcing the measures. “The proposals I’m announcing today, while supporting our hard-working residents in their efforts to dispute such taxation, will help promote employment in New Jersey and[...]
NJ sees holiday tax collection surge ahead of potential spring slump
The state reported $1.34 billion in January sales tax revenue, a 16.1% - or $187 million - increase from 2021.
Property taxes hit new high as Murphy promises action in next budget (updated)
The latest figures from the state's Department of Community Affairs show a third of counties with average bills above $10,000.
Poll: Taxes have been top worry in NJ for 50 years
“The more things change, the more they stay the same - at least when it comes to how residents view taxes,” said Ashley Koning, the director of the Eagleton Center for Public Interest Polling at Rutgers University.
NJ can’t use federal COVID funds to prevent unemployment tax hike until next year
A spokesperson for Gov. Phil Murphy’s office said that the rates for employers were set into law when Murphy approved a bill in January to space out payments, “making any contribution of federal funds irrelevant in the current fiscal year.”
