taxation

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: , , , , , , , , , , , |

NFTs – Tax consideration and complex valuations

Nonfungible tokens (NFTs) have been in the news since artist Beeple sold an NFT for around $70 million in March 11, 2021. The Wikipedia definition is: "A non-fungible token is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable. NFTs

By |2025-01-10T06:20:46+00:00July 22nd, 2021|Categories: Individuals|Tags: , , , , , , |

New Jersey Residents Will Pay Most in Taxes Over a Lifetime

Over the last couple of days, we found different articles published on the media that New Jersey residents will have paid taxes for almost a million dollars over their lifetime. This is more than any other States ( Massachusetts and Connecticut residents come close at $827,185 and $805,213 respectively). On average, the other residents pay

By |2025-01-10T05:55:37+00:00May 19th, 2021|Categories: Individuals|Tags: , , , , , |
Go to Top