Support for NJ minimum wage bill

Posted Leave a commentPosted in government, New Jersey, News and Politics, Small Business

I took time this morning to write to the nine members of the NJ Assembly Labor Committee plus our own two Assemblymen and a local Chamber of Commerce that opposes the minimum wage bill (A-15, Coughlin), right now. I hope that some of its small business member can see the light. I’ve personally been a […]

Don’t forget about the 2019 health insurance tax penalty in New Jersey

Posted Leave a commentPosted in Health Insurance, New Jersey

December 15 is the enrollment deadline to avoid a potentially hefty tax penalty in 2019. For residents of most states, the federal tax penalty for not having health insurance disappears at the end of 2019.  This is known as the ‘individual mandate’. However, New Jersey residents are not off the hook. New Jersey residents are […]

The nation’s most shocking midterm election result: NJ2

Posted Leave a commentPosted in New Jersey, News and Politics, Off-Topic

I’m proud that our Money Island marina community has become a model of racial and cultural inclusion just a few miles from a south Jersey KKK stronghold. Yet tonight’s election result shows that we still have a long way to go before we stamp out discrimination from this community. The most shocking election result in […]

In support of NJ Senate Bill 2293 “Securing Our Children’s Future Bond Act”

Posted Leave a commentPosted in Leadership, New Jersey, News and Politics, parenting, Taxes

I read two social media editorials by taxpayers encouraging voters to vote against Senate Bill 2293 known as the “Securing Our Children’s Future Bond Act“. This blog post is an editorial in support of the bill. My argument is broken down into a brief listing of the facts followed by four points of personal opinion. […]

New Jersey real estate tax credit program made simple

Posted Leave a commentPosted in New Jersey, Real Estate, Taxes

This post attempts to list in simplified wording what we know and what we don’t know about New Jersey’s new real estate tax credit program. What we know: 1. In May of 2018 the tax credit program became law, even though most details of its operation were missing. 2. The program allows taxpayers to take […]

Downe Township government said to merge

Posted 1 CommentPosted in government, New Jersey, News and Politics

The fate of New Jersey’s most rural township remains uncertain. In 2005 I predicted that Downe Township NJ could be among the first indirect municipal casualties of sea level rise in the US . This was the forecast I made as part of a private client investment report based only on projected future municipal cash flow. It […]

10 reasons to not vote for Tony Novak

Posted Leave a commentPosted in New Jersey, News and Politics, nonprofit

This isn’t directly tax related but it might be critical to the planned local tax-free small business investment program. One of our angel investors wants me to run for local political office and might make his financial support dependent on it. With millions of public and private reinvestment on the line and local government facing […]

What small employers need to know about New Jersey’s sick leave law

Posted Leave a commentPosted in New Jersey, Small Business, Taxes

Update June 21: My friends at Workplace offered to extend an invitation to those in the Philadelphia region to a seminar at Tavistock Country Club in Haddonfield NJ on Wednesday July 18th at 8am. Find more information at this Facebook event  or register online here. New Jersey just passed a sick leave law that affects […]

Is tax amnesty coming to New Jersey?

Posted Leave a commentPosted in government, New Jersey, Taxes

Governor Murphy proposed a tax amnesty program in our state of New Jersey. All indications I’ve read indicate that the legislature will eventually authorize it. If you haven’t filed tax returns now is the time to plan a strategy to get ready for this program. I am please to speak with anyone confidentially or even […]

New Jersey CPAs weigh in on legislative priorities

Posted Leave a commentPosted in Accounting, New Jersey

These are the legislative priorities of the members of the New Jersey Society of Certifies Public Accountants most recent member survey: Reducing property taxes Improving the state’s infrastructure — roads, bridges, tunnels and public transportation Converting public pensions to 401(k)s Auditing state agencies and programs for overspending, waste and revenue allocation Combining municipalities and/or school […]