In The News
How New Jerseyans Can Keep Their Property Tax Breaks Amid New Trump Law
New Jersey lawmakers have moved forward with legislation that will allow New Jerseyans to keep their property tax breaks vis-à-vis a charitable deduction in an effort to counter President Donald Trump’s tax reform plan that targets high-tax states like New Jersey.
NJ Lawmakers Begin Debating Workaround For SALT Cap In Federal Tax Law
The measure is considered a workaround for the new federal tax law’s $10,000 cap on the state and local taxes deduction, also known as SALT, which has come under fire in New Jersey and other high tax states because it limits how much residents can write off from their state income taxes and property taxes.
Sweeney Forges Ahead With State Tax Policy Review, No Input From Murphy Team
Senate President sets up working group to examine NJ tax and fiscal policies in wake of federal changes but doesn’t include anyone from new administration to the review body.
NJ To Review School Safety As Parents Demand More After Florida Slaughter
Governor announces state and law enforcement will examine whether enough is being done in schools to protect children from possibility of gun violence.
This High-Powered Group Could Help Combat Trump Move To Gut Your Property Tax Breaks
State Senate President Stephen Sweeney has revealed the tax experts and lawmakers he'll lean on to examine New Jersey's state and local tax structure in the aftermath of federal tax reform lawmakers expected to whack taxpayers here.
Trump's Proposed Change On Tips Could Cost NJ Workers $120M, Explained
You go out for dinner and drinks on a Saturday night, pay your bill, and leave a generous tip. It makes you feel good and you go home not feeling like a cheapskate. But do you know if it’s really enough for the worker to make ends meet? Or if they were able to keep all of the money you left as tip? Do you care?
State Lawmaker Calls For Nation's First Opioid Warning Labels
Warnings would highlight the significant potential for addiction and overdose associated with these drugs.
State Senate Considering New Tax Deductions For Manufacturing
The New Jersey state Legislature has introduced a bill to allow for companies in the state to create manufacturing reinvestment accounts, which would give them tax reductions, deferrals and deductions on manufacturing equipment and workforce training.
DOJ Dismisses Case Against Menendez
The U.S. Department of Justice dismissed its corruption case Wednesday against New Jersey Sen. Robert Menendez after prosecutors had announced their intention to retry him on corruption charges.