New Jersey Estate Tax Repeal: Is it now better to die in New Jersey than Florida?

JD Supra reports that on October 14th, Governor Christie signed a new law that will remove the New Jersey estate tax. The law will be implemented in a three-year process. Beginning in 2016 New Jersey decedents will not be taxed on an estate less than $675,000. Beginning January 1, 2017, there will be no tax […]

Estate Tax Phaseout Dependent on Passage of Gas Tax Hike Bill

New Jersey residents may see a possible elimination of the estate tax in the next few years, but that all hinges on whether or not an increase in the state’s gas tax will be approved.

NorthJersey.com reported that the State Senate passed a bill, sponsored by Paul Sarlo and Steve Oroho, that would increase the […]

Taxation and DOMA

The United States Supreme Court has handed down its much-anticipated decision on the fate of Section 3 of the Defense of Marriage Act (DOMA) and the ruling has many implications for taxpayers. The Court struck down Section 3 of DOMA in Windsor v. U.S., June 26, 2013, opening the door for the federal government to […]

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