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N.J. sales tax will shrink a little in 2018, state says

New Jersey’s sales tax will go down in the new year, according to the state Division of Taxation. The rate will decrease slightly, from 6.875 percent to 6.625 percent. This will include a reduction in Atlantic...

Major N.J. accounting firms Sax and Hunter Group join forces

Sax LLP, one of the state’s largest accounting firms, has become even bigger with the acquisition of Hunter Group CPA LLC, it announced Monday. Sax, based in Clifton, will take over the Fair Lawn-based firm...

Read their lips: No new taxes — Accountants say it’s bad for business

Taxes mean business for accountants. But the fact is, accountants want less of them. Ralph Thomas, who spearheads the New Jersey Society of CPAs, said a survey his organization did of accountants across the state about...

The hidden cost of e-commerce: Different states mean different taxes

While the topic of state tax structure certainly is serious, it also is more than just a little soporific. But hear accountants out — to them, there’s no bigger issue that businesses need to be...

How (and when) Equifax data breach can cost you money

The recent Equifax data breach sent a message to the public. It also sent one to accountants. It was a hack that reportedly exposed identifying information of nearly 150 million United States citizens. The shocker...

Optimism about retirement grows, but Jerseyans should be wary

A nationwide survey by Wells Fargo showed that more and more Americans expect to have enough savings to live comfortably in retirement. But, according to an executive with the financial services firm, New Jerseyans...

How does $150B in GDP and 250,000 new jobs sound?

Talking Points is an occasional feature in ROI-NJ, which recaps key speakers at business gatherings across the state. This report summarizes the presentation Senior Partner Steve Van Kuiken of McKinsey & Co. gave at...

First Bank paying $13.5M for another South Jersey bank

First Bank and Delanco Bancorp Inc. made a deal that will merge Delanco Federal Savings Bank into First Bank. The stock transaction is valued at about $13.5 million, and was approved unanimously by both boards....

Peapack-Gladstone Bank names SVP for capital subsidiary

Rich Johnston was named senior vice president of capital markets for Peapack Capital. Peapack is a subsidiary of Bedminster’s Peapack-Gladstone Bank. Johnston will be responsible for indirect originations of leasing and asset finance transactions from bank...

Wage growth rises in Q3, but less than BLS reported, ADP says

Overall wage growth nationwide increased by 1.7 percent across all industries in the third quarter, according to the ADP Workforce Vitality Report. That is nearly one full percentage point below the 2.6 percent growth in...

Latest Articles

Reversal of $24.3M verdict is victory for Valley Hospital and hospital industry

In a decision that was great for the Valley Hospital — and impactful for the hospital industry in the state — the New Jersey...
'Offseason’ still sees Total Gaming Revenue up again in February

Total gaming revenue sets new near-term high for March

Atlantic City’s total gaming revenue grew solidly in March, with year-over-year increases both online and on the casino floor, according to Tuesday figures released...

Connell Foley welcomes real estate, land use attorney Maioriello as associate

Rebecca Maioriello has joined the Roseland-based law firm of Connell Foley as an associate. Maioriello brings extensive experience representing municipalities as redevelopment counsel to...
Edison Partners welcomes health care IT executive Patrick O’Keefe as operating partner

Princeton-based growth equity firm Edison Partners opens new Nashville office

Edison Partners on Wednesday announced it opened a new office in Nashville, Tennessee, located at the Nashville Warehouse Co. in the Wedgewood Houston neighborhood. Citing...

NAI James E. Hanson helps negotiates sale of Englewood medical office building

A three-story medical building in Englewood has traded, thanks to the expertise of NAI James E. Hanson, which arranged the sale of the 14,488-square-foot...