The New Jersey Dept. of Labor and Workforce Development has announced the 2019 meal and lodging limitations. Payments in kind for personal services, in lieu of, or in addition to, monetary wages, are taxable...

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The IRS and others have worked to strengthen their security systems, and are urging the public to help. “To make these defenses stronger, we need taxpayers and tax professionals to take common-sense steps to...

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The NJ Division of Taxation has announced that a tax amnesty will be conducted from 11/15/18 to 1/15/19. Not only will there be no penalties, but there will be reduced interest on certain back...

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The Tax Reform legislation has business owners considering whether their current business structure is most advantageous with the new regulations. C corporations are now tax at a flat 21% federal income tax rate which...

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With the next tax season rolling up fast, the IRS is reminding taxpayers of a few points. It’s important to keep copies of previous-year returns for at least 3 years, or 7 years if...

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Now that Donald Trump is our president-elect, major changes in tax law are expected. Although the exact details are months away, here are a few highlights of the Trump administration’s tax proposals for individuals...

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With the recent headlines surrounding the new federal tax reform laws, many have expressed concern about how this new legislation will affect them personally and professionally. Rest assured that your CG Team is working...

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According to an article from NJ.com, Governor Chris Christie issued an executive order yesterday requiring that all municipalities in New Jersey allow homeowners to prepay 2018 property taxes, as long as the payments are postmarked by December 31, 2017. Read full article...

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President Trump and congressional Republicans have been working on some potential tax reform that is expected to be revealed next month. There could be some changes in line for individual tax rates, estate tax,...

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The U.S. Senate voted early Saturday morning to pass a sweeping tax overhaul worth roughly $1.4 trillion. Saturday's vote means the Senate and House have passed similar tax reform plans, but negotiators from both chambers...

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