S.6, New Jersey—Personal Income, Property Taxes: Property Tax Credit Program RevisedNovember 6, 2024
New Jersey has updated its: homestead property tax benefit program; the homestead property tax reimbursement program; and the Stay NJ property tax credit program. The amendments adjust the eligibility for property tax credits and the annual rebate, alter the age and residency requirements to qualify for the program, and established a uniform definition of income …
Practitioners Rave About IRS Collection Tech UpgradesOctober 18, 2024
By Tim Shaw, Checkpoint Technological improvements made by the IRS allowing taxpayers and professionals to more easily interact with the agency and quickly access information or make payments are making life easier for everyone, tax practitioners are saying. Within the last year, the IRS has implemented efforts funded by the Inflation Reduction Act to modernize …
The Curchin Group Raises $10,000 for Two Local Charities at the 3rd Curchin Cornhole Classic Event!August 27, 2024
The Curchin Group, LLC, a mid-sized, full-service accounting firm based in Red Bank, N.J., hosted its 3rd Annual Curchin Cornhole Classic Event on Wednesday, August 14th, 2024. This year a total of $10,000 was raised for the two chosen charities: The Arc of Monmouth and CONTACT of Ocean and Monmouth Counties. The outdoor cornhole tournament …
Welcome Andrew Papis, CPA, to The Curchin GroupAugust 19, 2024
The Curchin Group welcomes Andrew Papis, CPA, as its newest Audit Manager. Andrew started his CPA journey in 2015 as a Junior Tax Accountant, and now presently an Audit Manager. We’re excited to have Andrew part of the Curchin team!
Kudos to Eamon on his new role as Senior Staff Accountant!August 19, 2024
Eamon Bolton started with The Curchin Group as a Staff Accountant in January 2022 after graduating from St. Joseph’s University, and has been newly promoted as of July 1st to Senior Staff Accountant. Congratulations, Eamon! You’ve been a great asset to the Curchin team.
Exciting News: Caroline Sigona Promoted to Audit Supervisor!August 19, 2024
Caroline Sigona started with The Curchin Group a little over 8 years ago as a Staff Accountant, and has been newly promoted as of July 1st to Audit Supervisor. Congratulations, Caroline! You’ve been a great asset to the Curchin team!
Employer Rate Notices Now PaperlessAugust 5, 2024
Employer rate notices are now posted electronically to Employer Access (formerly TWES). The 2024-25 notice is the last that will be mailed to employers. All employers subject to Unemployment Insurance (UI) are required by law to register on Employer Access to communicate with the Division of UI. In addition to electronic communication and rate notices, …
New Jersey Creates New Credit for AI BusinessesJuly 30, 2024
By David Engel, CPA On July 25, 2024, Governor Phil Murphy signed legislation that will provide tax credits to eligible artificial intelligence (AI) businesses. The credit program is referred to as the Next New Jersey Program. ( L. 2024, S3432 (c. 49) , effective 07/25/2024.) Amount of credit. The amount of the tax credit allowed …
New Jersey Corporate Business Tax Surtax ImposedJuly 2, 2024
by David Engel CPA On June 28, 2024, Governor Phil Murphy signed a law that imposes a 2.5% surtax, referred to as the Corporate Transit Fee, on certain corporation business taxpayers (CBT) that have a New Jersey allocated taxable net income in excess of $10 million for tax years beginning on and after January 1, …
New Jersey Eliminates Future Sales Tax Holidays and Exemption for Zero Emission VehiclesJuly 2, 2024
By David Engel, CPA On June 28, 2024, Governor Phil Murphy signed legislation that will eliminate the annual sales tax holiday after 2024 and phases out the sales and use tax exemption for zero emission vehicles starting October 1, 2024. (L. 2024, A4702 (c.19), effective 06/28/2024 and as stated.) Elimination of sales tax holidays. The …