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State Tax Incentives for New Jersey Businesses and Developers: New Jersey State Legislature Passes Economic Opportunity Act of 2013

After several months of revisions and debate, the New Jersey Economic Opportunity Act of 2013 (the “Act”) has been passed by both houses of the New Jersey state legislature and was signed by Governor Chris Christie on September 18, 2013.  Under the auspices of the New Jersey Economic Development Authority (the “EDA”), t...

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Philadelphia Tax Assessment Appeal Alert

A recent change by the Pennsylvania State Tax Equalization Board (STEB) in the City of Philadelphia’s Common Level Ratio (CLR) makes necessary a review of a property owner’s real estate tax assessment in order to determine the necessity for filing an appeal of that assessment to the Philadelphia Board of Revision of Taxes (BRT) before t...

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IRS Issues Directive on Disclosure of Foreign Income



 

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