Category: Uncategorized
K&D Upcoming Tax Seminars
Kulzer & DiPadova, P.A. is once again presenting a number of annual tax seminars reviewing the major changes and legislative trends in taxation throughout 2023. Join us virtually or in person to explore the latest in federal and state legislation, estate tax developments, international taxation requirements, and more! Click on…
New Jersey’s WARN Act Finally Takes Effect with Recent Amendments
New Jersey’s WARN Act Finally Takes Effect with Recent Amendments On January 10, 2023, Governor Murphy signed into law amendments to the Millville Dallas Airmotive Plant Job Loss Notification Act, more commonly known as NJ WARN or “mini-WARN Act.” The law as amended recently went into effect on April 10,…
K&D Upcoming Tax Seminars
Kulzer & DiPadova, P.A. is once again presenting a number of annual tax seminars reviewing the major changes and legislative trends in taxation throughout 2022. Join us virtually or in person to explore the latest in federal and state legislation, estate tax developments, international taxation requirements, and more! NJCPA 2022…
Where in the Metaverse is my Cryptocurrency?
Where in the Metaverse is my Cryptocurrency? The internet has been used for many pursuits since its development. A futuristic internet could look something like a “metaverse,” which is a term that describes a futuristic society in which people only live, work, and play in a virtual world. One version…
K&D Upcoming Tax Seminars
Save the date(s)! Kulzer & DiPadova, P.A. is once again presenting a number of annual tax seminars reviewing the major changes and legislative trends in taxation throughout 2021. Join us virtually or in person to explore the latest in federal and state legislation, estate tax developments, international taxation requirements, and…
Worker Misclassification of Limited Liability Companies and Corporations
Worker misclassification is the practice of improperly classifying workers as independent contractors, rather than employees. A task force was established by Governor Murphy to investigate worker misclassification. The Task Force found that employers which misclassifying their employees as independent contractors fail to pay as much as thirty (30%) percent of…
PPA Loan Forgiveness and Basis Adjustments
The American Institute of Certified Public Accountants (AICPA) has recently requested guidance from the United States Treasury on Pass Through Entity Basis Adjustments resulting from PPP Loan Forgiveness, in particular, in the timing of the Adjustment. The Consolidated Appropriations Act, enacted December 27, 2020, resolved the issue of whether expenses…
COVID-19 Notice to Clients & Friends
To our valued clients and friends, We at Kulzer & DiPadova hope you and your family are well and taking measures to ensure your ongoing health and safety while adapting to this serious public health situation. We want to assure you that throughout the COVID-19 pandemic we will continue…
IRS Waives Penalties for Some Underpayments of Estimated Tax
As a general rule, taxpayers are required to pay their federal taxes as they earn income. To the extent these taxes are not withheld, a taxpayer must pay estimated income taxes on a quarterly basis. Internal Revenue Code (I.R.C.) § 6654 provides that, in the case of an individual taxpayer,…
Other Recent NJ Estate Legislation
On January 19, 2016, Governor Christie signed 93 bills just before the 2014/2015 legislative session deadline ended. Bills that were not signed by noon on January 19th would have expired and would have needed to be reintroduced in the new legislative session. Nevertheless, among the bills signed are several affecting the…