July 19, 2018
New Jersey Enacts Legislation to Overhaul Corporation Business Tax
New Jersey Governor Phil Murphy signed a new state budget into law on July 1, 2018. The final budget makes sweeping changes to New Jersey’s Corporation Business Tax (CBT) regime and is generally ...
July 19, 2018
Planning for State and Local Incentives Post Tax Reform
Prior to enactment of the Tax Cuts and Jobs Act (TCJA), Sec. 118 of the Internal Revenue Code exempted most non-shareholder contributions to capital that were made to a corporation from taxable income. Historically, ...
