'Bo-Tax' for Health-Care Reform? Nov 20, 2009
(New Jersey tax officials did not respond to a call for comment. . (BusinessWeek)
NJ judge seeks more info on billionaire's fortune Sep 5, 2009
(AP) NEWARK, N.J. - A New Jersey tax court judge being asked to help split the fortune of one of the world's richest men has asked for more information to help him decide whether the case even belongs in his courtroom. At issue is plastic magnate Wang (WAHNG') Yung-ching's fortune and how it will be divided among at least nine children he fathered with women other than his wife. (NJ.com -- News)
DON'T GO THERE: DEMS EYE 10%TAX ON BOTOX, COSMETIC SURGERY Jul 28, 2009
Malcolm Roth, vice president for health policy and advocacy at the American Society of Plastic Surgeons, said the New Jersey tax has only brought in about 25 percent of anticipated revenue since it was enacted in 2004 and imposes "another bureaucratic layer," including questions of how to determine what procedures are eligible. Roth said lawmakers at the federal level could expect the same administrative headaches and lack of anticipated revenues if they went down the New Jersey route. (The Drudge Report)
W. Windsor taxpayers win decision Apr 16, 2009
The New Jersey Tax Court ruled that the private nonprofit organization International Schools Services (ISS) is a fully taxable entity accountable for municipal taxes dating back to 2002. According to a report prepared by township attorney Michael J. Herbert, the township litigation alleged the corporation was not qualified to file for a nonprofit tax exemption in regard to four Roszel Road properties they acquired in 1989. (NJ.com -- Times)
Majesco Entertainment Company Reports First Quarter 2009 Financial Results Mar 12, 2009
1 million gain related to the sale of the New Jersey tax loss carryforward. GAAP net income for 2008 included a $0. (Yahoo! Wire -- Entertainment News)
Lawyer Charges IRS Retaliated Against Him for Complaint Over Agent's Practices Feb 21, 2009
New Jersey tax lawyer Dennis Haase, however, says he has encountered it more than once. "I have had clients come to me and say the IRS told them 'you don't need someone to represent you, you only need to produce the records,'" says Haase, of Sweeney Lev in Montclair. (Law.com)
