On November 7, 2024, the Internal Revenue Service (IRS) released Form 15620, Section 83(b) Election (“Form 15620”), standardizing the requirements to make an election pursuant to Section 83(b) (“Section 83(b) Election”), with...more
On June 30, 2025, New Jersey enacted legislation that now incorporates the US federal qualified small business stock (QSBS) rules under Section 1202, effective for dispositions of QSBS for tax years beginning on or after...more
7/15/2025
/ Capital Gains ,
Entrepreneurs ,
Federal Taxes ,
Investors ,
New Jersey ,
New Legislation ,
One Big Beautiful Bill Act ,
Small Business ,
Startups ,
Tax Planning ,
Tax Reform
Following our prior alert on the House Ways & Means Committee version of the One Big Beautiful Bill Act (“OBBBA”), the House passed its version of the OBBBA (“House Bill”) on May 22, 2025, and on June 17, 2025 the Senate...more
6/27/2025
/ Clean Energy ,
Energy Tax Incentives ,
Estate Tax ,
Federal Funding ,
Foreign Tax ,
Gift Tax ,
Investment Tax Credits ,
Proposed Legislation ,
Renewable Energy ,
Senate Finance Committee ,
Tax Credits ,
Tax Planning ,
Tax Reform ,
Taxation