New Jersey Pass-Through Entity Legislation

We are thrilled to announce that Governor Murphy has signed the pass-through entity bill! On Jan. 13, Governor Murphy signed the Pass-Through Business Alternative Income Tax Act into law. This act allows pass-through businesses to pay income taxes at the entity level instead of the personal level. This helps business owners mitigate the negative impact […]

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What to Know Before Taking Out a Loan

Unfortunately, debt has become far too common for many people. A recent analysis of the latest Federal Reserve data showed that total U.S. consumer debt is on its way to exceeding $4 trillion this year. It showed that Americans collectively owe more than 26 percent of their monthly income on consumer debt. This can include […]

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New Anti-Wage Theft Legislation Has Major Impact on Misclassified Independent Contractor Relationships

New Jersey has enacted a new statute which greatly increases the employer’s risk for misclassification, as well as other violations of New Jersey’s Wage Hour laws. On August 6, 2019, acting Governor Sheila Oliver signed sweeping legislation drastically increasing the penalties for employers who fail to pay wages due under New Jersey law. This Act, […]

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