Scarinci Hollenbeck regularly publishes articles pertaining to legal updates affecting individuals and institutions in New York and New Jersey, and the world at large. Here you can find coverage for when we welcome new attorneys, significant wins we’ve secured on behalf of our clients, and general announcements.
Results for tax articles
How Does New Jersey’s Cannabis Tax Stack Up?
Author: Daniel T. McKillopDate: October 7, 2021
When states legalize cannabis, taxation is often one of the most hotly contested topics. To date, 18 states and Washington, D.C. have legalized recreational cannabis for adult use, while medical marijuana is legal in 37. Because each state has its own regulations, taxation schemes vary significantly.
Cannabis can be taxed at several different points of the production and distribution process. It can also be taxed at both the state and local level. Should the federal government decide to legalize cannabis, the tax scheme will also likely change to include federal taxes.
First Award Approved Under Emerge Job Creation Tax Credit Program
The Murphy Administration recently announced the approval of the first award under the Emerge Program, a new tax credit program...
IRS Targeting Cryptocurrency Platforms to Obtain Taxpayer Information
The Internal Revenue Service (IRS) continues to ramp up its efforts to identify taxpayers that have failed to properly report...
Ninth Circuit Reject Cannabis Company’s 280E Tax Arguments
The Ninth Circuit Court of Appeals recently confirmed that because marijuana remains illegal under the federal Controlled Substances Act (CSA) cannabis...
New York Proposes Tax Credits to Help Small Businesses Impacted by COVID-19
February 24, 2021
New York Governor Andrew Cuomo is calling for new tax credits to help small businesses significantly impacted by COVID-19... New...
What Businesses Need to Know About New Jersey’s Tax Incentive Legislation
December 18, 2020
After months of negotiation, Gov. Phil Murphy and leaders in both houses of the New Jersey Legislature have reached a...
New Jersey Angel Tax Credits Flowing Back to Investors
August 18, 2020
The New Jersey Angel Investor Tax Credit Program is providing benefits for New Jersey businesses and their investors... Good news for investors...
What NJ School Districts Should Know About the Possible Delay in Municipal Tax Payments
May 26, 2020
NJ Governor Phil Murphy signed Public Law 2020, Chapter 34 (A-3969/S-2392), which now gives local governments greater flexibility with regard...
Federal Government Providing Tax Relief in Light of COVID-19, Will New Jersey Follow?
March 25, 2020
IRS Postpones Tax Deadline to July 15, 2020 The list of events postponed due to Coronavirus (COVID-19) now includes Tax...
- Celebrity Tax Problems|8
- New Jersey|15
- Offshore Disclosures|8
- Property Tax|14
- Social Media|5
- Tax Inversion|12
- Tax Issues that Impact Your Wealth|15
- Tax Planning|5
- Trusts and Estates|160
- Wealth Preservation|124
- Business Law|612
- Entertainment and Sports|429
- Labor and Employment|316
- Intellectual Property|164
- Cyber Security|156
- Cannabis Law|120
- Commercial Real Estate|44