The never-ending saga of the Corporate Transparency Act (CTA) continues. On December 23, 2024, the Fifth Circuit granted the Department of Justice’s request to stay the nationwide injunction that was put in place on December 3, 2024 by a federal judge in the Eastern District of Texas. The Department of the Treasury responded to the
In February, we informed you of the U.S. Department of Treasury’s new requirement to report Beneficial Ownership Information (BOI) to the Federal Financial Crimes Enforcement Network (FINCEN). This filing must be completed by December 31, 2024, as outlined on the FINCEN website: United States Department of the Treasury Financial Crimes Enforcement Network | FinCEN.gov You should be aware that on December 3, 2024, a federal judge

New Jersey Anchor Program Update

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
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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