Welcome to the new – and evolving – online home of The CPA Journal.
ERP | N.J. Estate Tax Repeal
Full articles of The CPA Journal are available to NYSSCPA members and CPAJ subscribers ONLY. Please login to access this content.
Nonmembers and nonsubscribers, you can apply for NYSSCPA Membership here and get unlimited access to The CPA Journal, or you can create a non-member online account here and purchase individual articles.
Martin M. Shenkman, JD, CPA, AEP, PFS
The New Jersey estate tax exemption for 2016 stood at $675,000, and it increasef to $2 million in 2017. Both exemption amounts are well below the New York exemption (leaving aside the “cliff” issue in New York). But thanks to a deal reached on September 30, 2016 between the Governor and key legislative leaders regarding funding for the Transportation Trust Fund, the New Jersey estate tax will be fully repealed in 2018. This might have significant ramifications for tax advisors in New York; for the first time, New Jersey might become a tax haven for New Yorkers looking to avoid the New York estate tax. Maybe—for certain individuals.
Post a resume or job listing in our Career Center to connect with hundreds of employers or job seekers.
Join 27,000 of your peers. Apply for membership today!
Find CPE Conferences, Seminars, and Online Courses Here.
Save up to 40% on CPE
with the FAE Value Pass.
Get insight and analysis into
all areas of the profession.
Content provided by and exclusively for NYSSCPA members.
Stay up to date with important
A daily roundup of the latest from around the accounting and financial industry.
strong PAC means a strong profession. Donate Today.
Help develop a strong
network of connections.
A resource for NYSSCPA Members.
expert answers to technical questions.
career off right with an experienced mentor.
It's never too early
to start thinking about your career.