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
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
  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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