Foreign Tax Credits Clarified in Proposed Regulations

In December of 2017, the Tax Cuts and Jobs Act (“TCJA”) brought sweeping tax reform to the U.S. The U.S. moved from a worldwide tax system to a partial territorial tax system. The TCJA significantly changed the way the U.S. taxes foreign activities for businesses and individuals.  New provisions, including

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Tax Amnesty Announced for Unpaid/Unfiled New Jersey Taxpayers

New Jersey Announces Tax Amnesty Effective Until January 15, 2019: Helpful Information for Businesses and Individuals with Unpaid/Unfiled New Jersey Taxes The New Jersey Division of Taxation recently announced that it will be conducting a tax amnesty program from November 15, 2018 until January 15, 2019.  During this two-month window,

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