On July 4, 2025, President Trump signed into law the legislation commonly referred to as the “One Big Beautiful Bill Act” (OBBBA), which includes significant changes to Medicaid, Medicare, and Affordable Care Act (ACA)...more
7/16/2025
/ Affordable Care Act ,
Health Insurance ,
Healthcare ,
HSA ,
Insurance Industry ,
IRS ,
Medicaid ,
Medicare ,
New Legislation ,
One Big Beautiful Bill Act ,
Tax Credits ,
Tax Reform ,
Trump Administration
On June 30, 2025, Governor Phil Murphy signed into law the FY 2026 state budget (the “FY 2026 budget”), totaling $58.8 billion (see our prior alert New Jersey Enacts FY 2026 Budget: Key Takeaways).
The FY 2026 budget...more
President Trump’s “One Big Beautiful Bill” (OBBBA) was narrowly passed in the House in May, and while there are many important aspects of the bill, there are provisions that may affect secondary and post-secondary...more
6/6/2025
/ 501(c)(3) ,
Educational Institutions ,
Endowment Funds ,
Excise Tax ,
Federal Funding ,
New Legislation ,
Nonprofits ,
Private Schools ,
Proposed Legislation ,
Scholarships ,
Tax Credits ,
Tax Policy ,
Tax Rates ,
Tax Reform ,
Taxation
On February 18, the New Jersey Division of Taxation published proposed corporation business tax (CBT) regulations that incorporate changes associated with 2023 reform legislation, as well as additional changes intended to...more
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was signed into law. The CARES Act is a $2 trillion economic aid package, which makes numerous changes to the federal tax laws to...more
Good news for investors and entrepreneurs: The New Jersey Biotechnology Task Force (Task Force) has published its final report and recommendations to expand the Angel Investor Tax Credit Program with the goal of incentivizing...more