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Medical Cannabis Moves Forward, Recreational Stays Stuck: Tax and Compliance Takeaways

At the end of April 2026, the federal government took a major step by moving FDA‑approved marijuana products and marijuana sold under qualifying state medical marijuana licenses from Schedule I to Schedule III of the Controlled Substances Act. This change recognizes accepted medical use and makes it easier to conduct clinical research, but it does

By |2026-05-08T20:13:53+00:00May 25th, 2026|Categories: Business, Individuals|Tags: , , , , , , , , , , |

NJ Teens and Summer Work: Working Papers First, Paycheck Second

New Jersey has long required minors to have working papers before they can start a job, but the current system and rules were modernized in 2023. As of June 1, 2023, a new law shifted the working‑papers process from local schools to the New Jersey Department of Labor and moved everything to an online portal.

RetireReady NJ Expands: What New Jersey Employers with 10+ Employees Need to Know

Back in February 2026, New Jersey announced an important update to its state-sponsored retirement program. On February 6, 2026, the RetireReady NJ Program was officially amended to expand its reach to more employers across the state. While the program originally launched in June 2024, this latest change lowers the employer participation threshold. The state has

By |2026-05-06T21:22:42+00:00May 14th, 2026|Categories: Business, Individuals|Tags: , , , , , , , , , |

Tax Notices Come With a Timer: What You Need to Know Before It’s Too Late

One of the most common — and costly — mistakes taxpayers make is waiting too long to respond to a tax notice. Across federal and state tax systems, the time allowed to challenge an income tax assessment is strict, jurisdictional, and unforgiving. Missing a deadline often means the assessment becomes final, regardless of merit. Below

By |2026-01-07T17:54:56+00:00January 26th, 2026|Categories: Business, Individuals|Tags: , , , , , , , , , , , |

OBBBA Meets the States: Which Tax Systems Conform—and Which Break Away?

In our recent blog posts, we covered the federal impact of the One Big Beautiful Bill Act (OBBBA). In this post, we turn to how these federal changes interact with state tax systems—specifically whether each state chooses to conform to or decouple from the new federal provisions. A state’s tax impact depends on two factors:

By |2025-12-10T04:49:50+00:00January 12th, 2026|Categories: Business, Individuals|Tags: , , , , , , , , , , |

NJ Tax Portal – Phase 1 is here

As a business owner in NJ, you might have been worried for the last couple of weeks as you could not access the New Jersey Division of Taxation portal. NJ was updating its tax portal and tax filing and payment systems were not operating since April 26, 2025. Additionally, the Sales tax phone filing has

By |2025-05-13T17:49:55+00:00May 14th, 2025|Categories: Business|Tags: , , , , , , , , , , , |

NJ Business – Check the seminar “Show me the resources”

Last Thursday at 5pm EST, the New Jersey Economic Development Authority (NJEDA) presented a seminar providing some financing options and some grants available to NJ businesses. You can watch the whole video in the link below, but we will give you a couple of the most relevant moments in the seminar: NJEDA financing summary (around

By |2025-05-12T17:35:56+00:00May 12th, 2025|Categories: Business|Tags: , , , , , , , , |

Wealth migration: How to prepare for a residence audit

Since the pandemic, there is a higher mobility on the working force and even companies switching headquarters to more tax friendly environments. As a member of the Philadelphia Tax Reform Commission, we considered extremely relevant the comparison of State and Local taxes in different territories. Taxes is one of the factors for business and individual

By |2025-01-12T17:35:04+00:00December 30th, 2024|Categories: Business, Individuals|Tags: , , , , , , , , , , , , , |

NJ protecting customers against unfair credit card surcharges

Back in August 2023, Governor Phil Murphy signed legislation to avoid surcharges for credit card transactions that were not communicated in advance and that were greater than the cost to the seller for credit card payments. As a customer, you should know your rights and we aware of certain unscrupulous actors charging abusive credit card

By |2025-01-10T12:38:55+00:00August 23rd, 2024|Categories: Business, Individuals|Tags: , , , , , , |

More States implementing required retirement programs for small businesses: Latest one Retire Ready NJ

As the Social Security Board of Trustees (Federal government) estimates that from 2035, the payments of scheduled benefits might be reduced to around 75% (unless there is a reform to increase the fund assets), more and more States are requiring small businesses to join State programs offering retirement options to their employees, if not already

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