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Lining up: State law changes affect partnerships and S corporations.
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- Author(s): BLOOM, BRYAN
- Source:
njbiz. 1/23/2023, Vol. 36 Issue 3, p15-15. 1p. - Source:
- Additional Information
- Subject Terms:
- Abstract: The article focuses on recent changes to New Jersey's tax laws that could impact both resident and nonresident taxpayers with business investments. Topics include the end of COVID-19 related tax extensions on the statute of limitations, the elimination of a separate election requirement for New Jersey S corporation status, and the conformity of partnership audit rules with federal adjustments and multistate tax commission model law.
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