New Jersey Anchor Program Update
Thursday, 15 August 2024
by WSM Team
Here’s an important update to the New Jersey Anchor Property Tax Relief Program: New Jersey will launch the NJ Anchor Program for tax year 2021 later this month. As in previous years, the benefits can be up to $1,500 for homeowners and up to $450 for renters. The timeline is as follows: Beginning August 19
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Employers, Are You Ready for “Retire Ready, NJ”?
Thursday, 15 August 2024
by WSM Team
Are you ready for Retire Ready NJ? Originally passed in 2019, on June 30, 2024, New Jersey launched Retire Ready New Jersey. Retire Ready NJ (hereinafter referred to as “the Program”) is a state-run retirement savings program for employees of private employers who do not offer a qualified retirement savings plan. All employers should
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What You Need to Know about the Corporate Transparency Act
Thursday, 27 June 2024
by WSM Team
The Corporate Transparency Act (“CTA”) was enacted in 2021 as an expansion of anti-money laundering laws and is intended to combat illicit activities such as money laundering, financing of terrorism, tax fraud and corruption. Effective January 1, 2024, the CTA requires most businesses file a Beneficial Ownership Information (BOI) Report with the U.S. Department of
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US Department of Labor Business Update
Tuesday, 25 June 2024
by WSM Team
The regulatory environment is ever-changing for employers. We wanted to highlight some recent changes: Employee Overtime Protections The United States Department of Labor’s (“DOL”) regulations for determining whether salaried employees are exempt from minimum wage and overtime requirements will be changing effective July 1, 2024. All employers should be aware of these changes. Currently,
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Recent Posts
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New Jersey Anchor Program Update
Here’s an important update to the New Jer... -
Employers, Are You Ready for “Retire Ready, NJ”?
Are you ready for Retire Ready NJ? Originally... -
What You Need to Know about the Corporate Transparency Act
The Corporate Transparency Act (“CTA”) was enac... -
US Department of Labor Business Update
The regulatory environment is ever-chang... -
Starting A Business In New Jersey
January 2024, By Heidi Toth, You came up with...