New Jersey Audit, Tax and Consulting
Growing our practice in the Garden State
RSM has a history of diligently serving companies in the Garden State. To accommodate our rapidly growing practice, RSM New Jersey expanded its footprint in Metropark during the summer of 2018. By growing our physical presence in the community, RSM is in an even better position to offer its robust audit, tax and consulting services to existing clients and to welcome new ones. We’re proud to offer exceptional professional growth opportunities for our people and are honored to have been named one of the Best Places to Work in New Jersey for the second year in a row!
New Jersey’s centralized location, diverse range of industries and highly skilled workforce make it one of the best business locations in the United States. This investment in a state-of-the-art location with enhanced amenities and meeting space is the latest in a series of steps RSM has taken to demonstrate its continued commitment to serving the New Jersey metro area..
Commitment to the community
Our commitment to New Jersey extends beyond serving the needs of our clients. Our personnel devote their time, money and efforts to many local charitable organizations, fundraisers and events. Through the firm’s Birdies Fore Love program as a part of the 2017 RSM Classic, RSM raised over $80,000 for The Valerie Fund in Maplewood, New Jersey in 2016 and 2017 and more than $60,000 for Children’s Specialized Hospital (CSH) in New Brunswick, New Jersey in 2015.
For information about the employment opportunities currently available in New Jersey, please visit the Careers section of our site.
New Jersey Insights
New guidance requires remote seller sales tax collection effective Oct. 1, 2018; collection to be on prospective basis.
New Jersey fiscal year 2019 budget increases conformity of the state research and development tax credit to the current federal provisions.
Major provisions include the state response to federal tax reform, market-based sourcing, and a tax amnesty program.
UEZ benefits extended for all expiring zones to Dec. 31, 2023; review of return on investment of UEZ program established.
Qualifying New Jersey technology and biotech companies may sell unused NOLs and R&D credits to certain corporate taxpayers.
Retailer merchandise credits were similar to “gift certificates” and not subject to escheat under state’s unclaimed property law.
Voluntary disclosure program targets remote sellers with click-through or referral arrangements with New Jersey parties.
Gov. Christie signs pharmacy-related legislation offsetting budget deficits and reinstating reciprocity scheduled to end on Dec. 31, 2016.
Tax bill will fund transportation projects with gas tax increase, also offering sales tax rate reductions and personal income tax benefits.
Private equity companies have become inundated with state income tax issues as portfolio company investments have shifted to partnerships and LLCs.
New Jersey Tax Court rules that a taxpayer was required to add back related party interest expense because addback was not unreasonable.
New Jersey announces business and individual tax resolution program applicable to unpaid liabilities from 2005-2013.
New Jersey enacts Assembly Bill 3486, making significant corporate income tax changes and adopting click-through nexus for sales tax purposes.
New Jersey announced a two-month VDA period for programs related to intangible asset nexus and partnership tax, beginning March 15, 2014.