IRS Announces Late Portability Election Relief for Eligible Estates

IRS Announces Automatic Late Portability Election Relief for Eligible Estates

On June 9, 2017 the Internal Revenue Service (the “IRS”) published Revenue Procedure 2017-34 (“Rev. Proc. 2017-34”) to announce a new simplified procedure for particular estates to obtain an extension of time to file a federal estate tax return and make a “late” portability election. First introduced into federal law […] Read more »

Christie Vetoes ‘Home-Sharing’ Tax Bill

Airbnb Rentals in New Jersey May Soon be Subject to Tax

UPDATE: On Friday, July 21, 2017, Governor Christie vetoed Assembly Bill No. 4587, which bill would have imposed State sales and use tax and hotel and motel occupancy fees on transient accommodations like those provided through Airbnb. In support of the veto, Governor Christie stated “I strongly believe that levying new […] Read more »

Henkel Appointed Chair of State Bar CLE Committee

Glenn A. Henkel

K&D shareholder, Glenn A. Henkel was recently appointed Chair of the Continuing Legal Education Advisory Committee for 2017-2018 (with a member term expiring in 2020) on behalf of the New Jersey State Bar Association (NJSBA). The committee plays an important role in helping licensed New Jersey lawyers and judges meet […] Read more »