New Jersey Enacts Millionaires Tax — Immediate Action Required

SALT Chat

Wayne K. Berkowitz, Partner, Citrin Cooperman Advisors LLC / Berdon Advisors LLC

10.12.20 | SALT Chat

My colleagues Sarah Kim J.D., LL.M. and Ken Maeng, J.D. examine New Jersey’s recently signed fiscal 2021 budget which includes a so-called “millionaires tax” and will require immediate action by employers and high net worth taxpayers. To read their analysis, click here.

Questions? Contact Wayne K. Berkowitz, CPA, J.D., L.L.M. wberkowitz@berdonllp.com or reach out to your Berdon advisor.

Wayne Berkowitz, a tax partner and co-leader of the State and Local Tax Group at Berdon LLP, advises on the unique requirements of governments and municipalities across the nation.