State And Local Tax Blog

Blogs August 08, 2019 New Jersey Expands Angel Investor Tax Credit – Potentially up to 25%

An update on the changes to the New Jersey angel investor tax credit, which was recently expanded.

Blogs January 29, 2019 Panel: The State of the Cannabis Industry

EisnerAmper’s Rising Stars recently held a panel discussion on “The State of the Cannabis Industry,” moderated by EisnerAmper. The panelists kicked off the session by discussing the current state of cannabis at the local, national, and global level.

Blogs July 30, 2018 Connecticut’s New Pass-Through Entity Tax: Practical Considerations

By shifting the burden of the Connecticut tax to the PTE, the new tax becomes an additional cost and compliance burden at the PTE level with additional costs likely to affect the business dynamics between the PTE and its owners.

Blogs July 27, 2018 Is New York’s Optional Payroll Tax Workaround Right for Your Business?

New York became the first state to enact legislation specifically designed as a “workaround” to the limitation on state and local taxes enacted as part of federal tax reform the IRS has indicating its intention to question state workaround programs.

Blogs July 17, 2018 What Law Firms Need to Know About Connecticut’s New Tax on Pass-Through Entities

Connecticut has responded to the Tax Cuts and Jobs Act with a new law which will alter its approach to taxing income from law and other professional services firms organized as pass-through entities. Here are the most noteworthy features of the new t…

Blogs July 12, 2018 FAQs on the Wayfair e-Commerce Decision

The Wayfair e-Commerce decision has raised questions such as nexus thresholds, whether the Wayfair decision impact taxes other than sales taxes and what industries are impacted by this decision. These tax questions and more are addressed in this e-Co…

Blogs July 03, 2018 The New Jersey Film Tax Credit Is Back!

The NJ film tax credit program has been restored - effective as of July 1, 2018. Under this tax credit program, qualified productions can receive a tax credit in an amount equal to 30% of qualified expenditures. To follow is an overview of the requir…

Blogs June 22, 2018 SCOTUS Rules on Landmark Wayfair E-Commerce Taxation Case

The U.S. Supreme Court ruled against Wayfair, Inc., Overstock.com, Inc. and Newegg, Inc. and this carries ramifications for remote sales amounting to $460B annually. This decision fundamentally redefines nexus. It may have impact far beyond those of …

Blogs June 22, 2018 New Tax Law a Win for PA Pass-Through Shareholders and Members

Individuals can mitigate the new $10,000 limit on the deductibility of personal and real estate taxes on their federal returns through a tax credit program provided by the state of Pennsylvania. Here's how.