New Tax Law for NJ Homeowners Renting Through Airbnb

As part of the major tax law changes enacted in July 2018, a new state law requires that New Jersey’s 6.625% sales tax, 5% hotel occupancy fee, and 3% Meadowlands Regional Hotel Use Assessment (where applicable) be paid on “transient accommodations” (i.e., rooms or...

The New Jersey Tax Amnesty Program

The New Jersey tax amnesty program went into effect on November 15, 2018 and will last until January 15, 2019.  During that short period, taxpayers may pay certain outstanding New Jersey state tax obligations (including individual gross income tax, corporation...

MSPC Announces Executive Team Changes

MSPC Certified Public Accountants and Advisors is pleased to announce that Jon Gagliardi, CPA has been named Managing Principal of the Firm.   Gagliardi brings over thirty years of experience with the Firm to his new role. Gagliardi, who has a wide range of technical...

Tax Reform Update

On February 7, 2018, MSPC presented a webinar on the recently enacted Tax Cuts and Jobs Act of 2017 which represents the most significant change to the United States tax laws in over thirty years. This webinar includes an overview of some of the most important...