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Veteran Income Tax Exemption for New Jersey Residents

Veteran Income Tax Exemption for New Jersey Residents

Starting January 1, 2017, New Jersey implemented a new tax law that allows military veterans who were honorably discharged or released under honorable circumstances from active duty to be eligible for a $3,000 exemption on their NJ income tax return. Claiming the...
Tax Cuts and Jobs Act of 2017

Tax Cuts and Jobs Act of 2017

With the recent signing of the tax reform bill, major changes to the U.S. tax code will affect both individuals and corporations starting in 2018.  This was the first major tax change in over 30 years.  Bear in mind that this new tax law does not affect your current...