For those of you who aren’t aware, back in July, New Jersey passed several new taxes as part of the budget approval. One of these taxes, promoted as the “AirBnB Tax”, was supposed to tax companies like AirBnB and VRBO … Read More
NJ Taxes: A new bill needs your support
The Division of Taxation has doubled-down on their ridiculous interpretation of the NJ Tax law. When they pulled down their “guidance” publication on the Occupancy tax earlier this week we all assumed they were going to correct their mistaken interpretation … Read More
Some positive news being reporting on the Tax Law
More media reporting on the “rental tax”. It sounds like we are close. The first step is to get the Treasury Department (division of Taxation) to put out new “guidance” on the tax. I believe that enough legislators have gotten … Read More
News 12 NJ covers the “rental tax”
The following video aired this morning on News 12 NJ. Make sure you watch the whole video including the interview with a local shore Realtor. He actually admits that Realtors lost HALF of their business and they need this tax … Read More
“Shore Rental” tax update
Word is getting out People are talking and the media is finally starting to pick up on the story. This week saw two published Opinion pieces on the tax on NJ.com and USA Today. The Sandpaper on LBI is running a … Read More
More NJ Tax Info
For those interested in MORE details on the NJ Tax Laws regarding short term rentals, here is a summary of the “rules” and answers to some common questions. I will try to keep this post updated with more questions and … Read More
Important: NJ Sales & Hotel Tax
What does it mean? Not much has been made of the legislation passed in NJ back in July in order to reach a budget agreement. There are taxes on Uber, taxes on liquid nicotine, and taxes on AirBnB. There has … Read More