• Skip to content
  • Skip to primary sidebar

Hazlet, NJ CPA

Header Right

  • Home
  • About
  • Contact

tax law

Gifting Opportunities Under the New Tax Law

March 8, 2018 by Kevin Matz

Individuals who previously exhausted their $5.49 million gift tax exemption now have another bite at the apple. Under the Tax Cuts and Jobs Act, individuals are now able to transfer approximately $11.18 million free of estate, gift and generation-skipping transfer tax during their lives or upon death. A married couple will be able to transfer […]

Share
Tweet
Share
+1
Pin
Stumble
Shares 0

Filed Under: Tax, Uncategorized Tagged With: gifts, tax, tax deduction, tax exemption, tax info, tax law, Tax Tips

What to expect from the IRS during the government shutdown

January 22, 2018 by Alistair M. Nevius, J.D.

The federal government shut down at midnight Friday after the Senate failed to pass a continuing spending resolution that would have funded the government going forward. The House of Representatives had passed a bill, H.R. 195, on Thursday that would have funded the government through February 16. However, in the Senate, 60 votes were needed […]

Share
Tweet
Share6
+1
Pin
Stumble
Shares 6

Filed Under: Tax Tagged With: bedford taxes, government, IRS, tax law, tax returns, tax season, taxes

Rules for NJ and Federal Property Tax Deductions Vary Widely

January 15, 2018 by Kathleen Hoffelder, Content Editor, and Rachael Bell

New Jersey taxpayers who prepaid one or two quarters of their 2018 property tax assessments at the end of 2017 need to be aware that the amount they can deduct on their federal tax return is not the same as the amount they can deduct on their state tax return. Read the full article here>>

Share
Tweet
Share11
+1
Pin
Stumble
Shares 11

Filed Under: Tax Tagged With: New Jersey, new jersey tax law, NJ law, NJ tax, property taxes, property taxes NJ, tax law

IRS Issues 2018 Standard Mileage Rates

December 16, 2017 by Sally P. Schreiber, J.D.

IRS Issues 2018 Standard Mileage Rates

The optional standard mileage rates for business use of a vehicle will increase slightly in 2018, after decreasing in the two previous years, the IRS announced Thursday (Notice 2018-3). For business use of a car, van, pickup truck, or panel truck, the rate for 2018 will be 54.5 cents per mile, up from 53.5 cents […]

Share
Tweet
Share
+1
Pin
Stumble
Shares 0

Filed Under: Tax Tagged With: IRS, tax law, tax payers, tax prep, taxes

Primary Sidebar

Search

Categories

  • Charitable Organizations
  • Musicians Artists Athletes Influencers
  • New Jersey Candidates & Committees
  • Small Business
  • Tax
  • Tax Tips
  • Uncategorized

Archive

  • June 2019
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016

Copyright © 2017 · http://www.zolagracecpa.com/blog