CERTIFIED PUBLIC ACCOUNTANT
ROBERT A.CRYSTAL CPA
Piscataway, NJ
ph: 732-463-8181
fax: 732-463-7843
alt: 732-236-4685
bob
Robert A. Crystal is pleased to offer this site as a convenient way for clients and others to know that he is always just a few clicks away. Email him at bob@crystalcpa.com. And he wishes to take this opportunity to thank his many clients, customers and friends for their trust and support.
NEWS,ARTICLES & TIDBITS
NJ Tax E-News 5/27/2011
The Division of Taxation will be mailing applications for the 2010 homestead benefit shortly. Applications will be mailed over the next 3 weeks to all eligible homeowners. The deadline for filing these applications is October 31, 2011.
www.vertex42.com Spreadsheet Templates, Calculators & Calendars, including Expense Reimbursement Forms.
Governor Signs Tax Reform Bills:
S-2753 will phase in a single sales factor allocation formula which will determine the portion of a company's income subject to state Corporate Business Tax. The new law will eliminate property and payroll as factors, and base the CBT solely on sales.
S-2754 will give small businesses whose owners pay their taxes through personal income tax (S Corps, LLCs, etc.) the ability to carryforward net operating losses over 20 years. This provision is phased in over five years. The bill also phases in a change which allows businesses to offset gains and losses from one category of income to another.
Financial Considerations for Retirement Relocation www.moneymattersnj.com/story.cfm?SID=15466
Internal Revenue Service
Social Security Administration
State of New Jersey-Division of Taxation
www.state.nj.us/treasury/taxation
NJ Business Gateway Registry Services
NJ Unemployment Website for Claims
http://lwd.dol.state.nj.us/labor/ui/ui_index.html
NJ Temporary Disability Website for Claims
http://lwd.dol.state.nj.us/labor/tdi/tdiindex.html
Bankrate.com
NJ.com
Kelly Blue Book
Edmunds.com
New Jersey Business and Industry
New Jersey Business
Bloomberg.com
Fox Business
www.foxbusiness.com/index.html
NEW JERSEY CONSTRUCTION PROJECTS:
Reed Construction Data-New Jersey
www.reedconstructiondata.com/project-leads/new-jersey
McGraw Hill Construction-New Jersey
www.construction.com/projects/New_Jersey/
FAVORITE LINKS:
Business Standard Mileage Rate 0.51 NJ Worker Rates (1/1-6/30/2011)
Social Security Max 106,800 UI .003825
Employer 6.2% (6,621.60 Max) DI .005
Employee 4.2% (4,485.60 Max) WF/SWF .000425
Sec 179 Depr Limit 500,000 FLI .0006
401K Elective Deferral 16,500 (plus 5,500 C/U) Max Wage Base 29,600
www.uscis.gov/files/form/i-9.pdf Form I-9, Employment Eligibility Verification
www.irs.gov/pub/irs-pdf/fw4.pdf 2011 Form W-4
www.irs.gov/pub/irs-pdf/p15.pdf 2011 Publication 15 (Circular E)
www.state.nj.us/treasury/taxation/publsut.shtml NJ Sales and Use Tax Publications
Copyright 2011 ROBERT A.CRYSTAL CPA. All rights reserved.
ROBERT A.CRYSTAL CPA
Piscataway, NJ
ph: 732-463-8181
fax: 732-463-7843
alt: 732-236-4685
bob