Tax Law in New Jersey
It’s been said that taxes are the price we pay for a civilized society. Some days, most of us would like a tad less civilization. Okay not really, just less taxes. That’s when a New Jersey tax attorney may be able to help.
Here’s the outline of this article:
- When a NJ tax lawyer can help you
- The types of taxes a NJ tax attorney deals with
- How to find free non-legal tax help
- How to find legal tax help
A New Jersey Tax Lawyer Can Help with these Tax Problems
Here is a listing of the types of cases a tax attorney might handle. Feel free to contact the tax lawyer of your choice about the facts of your case.
- Isaiah’s business is being audited by the state of NJ; he’s not sure the books are right.
- Alexander is wondering whether his back taxes can be discharged in bankruptcy.
- The NJ Division of Taxation has sent a notice of back taxes, interest, and penalties to Ed.
- Jayden wants to take his case to tax court. He feels the IRS was wrong to assess taxes against his father’s estate.
- Penelope is being investigated for tax evasion. Much of her business is cash and the bank reported a large cash deposit.
- Rachael was audited and the NJ Division of Taxation says she owes $17,000; Rachael agrees mistakes were made but thinks she owes $1,500, not $17,000.
- Robert wants to know that his accountant is doing a good job and that he’s paying the right amount in taxes – not too much and not too little.
A New Jersey Tax Attorney Handles These Kind of Taxes
- Income Taxes such as personal state, municipal, and federal income taxes; capital gains taxes; and corporate income taxes.
- Payroll Taxes such as paycheck withholding taxes such as social security and Medicare taxes. Social security and Medicare are also self-employment taxes.
- Estate Planning Taxes such as federal estate, gift, generation-skipping taxes, and the New Jersey inheritance and estate taxes.
- Transfer Taxes such as realty transfer taxes and mergers and acquisitions taxes. Estate planning taxes are transfer taxes.
- Sales and Use Taxes such as in-person and out-of-state online purchase taxes.
- Asset Ownership Taxes such as real estate taxes.
Where do I Find New Jersey and Federal Tax Laws?
- Federal Tax Code, Regulations, and Guidance
- New Jersey Statutes
- New Jersey specific taxes:
If you own real estate in New Jersey, you know that NJ is super high tax state. In addition:- New Jersey income tax is graduated, going as high as 8.87%
- New Jersey sales taxis 7% at the state level. Local municipalities and counties are not permitted to add an additional tax.
- New Jersey has both an inheritance tax and an estate tax.
- Local Municipal Laws and Regulations
How Do I Find Non-Legal Tax Help?
Free tax information is always available from both the IRS and the New Jersey Division of Taxation.Both governmental sites have tax forms, tax rates, tax laws, and help telephone numbers.
How Do I Find Legal Tax Help?
If you need help finding your way through our civilized tax laws and regulations, consult with a qualified tax lawyer. To find a New Jersey tax attorney, search our site, www.attorneys.org, or ask the bar association or a friend for a referral.