Positive Tax Changes in NJ

Several recent tax developments have made the Garden State a better place in which to live and do business. Barbara Taibi, EisnerAmper partner and NJ Summit chair, talks about the increase in the pension/retirement income exclusion, sunset of the estate tax, and a tax rate increase to those earning $5 million+ versus the originally proposed $1 million+. 


Barbara Taibi:

Hi, my name is Barbara Taibi and I'm a partner at EisnerAmper. I'm also chair of the New Jersey Business Summit. The theme of our 2018 New Jersey Business Summit was “New Jersey and You, Still Perfect Together.” Many people are out there talking about a few of the tax reform changes that may really hurt residents in the tri-state area, but I'd like to focus on some of the good observations about New Jersey. First, we do have a pension exclusion that began in 2017.

Barbara Taibi is a Partner in the Personal Wealth Advisors Group with years of public accounting and income tax planning and tax return preparation experience. Barbara focuses on helping clients plan for and meet their financial and tax goals.

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