Federal Issues

  1. IRS Final Regulations Effectively End NJ’s SALT Cap Workaround

    The IRS issued final regulations regarding the deductibility of charitable contributions when the contributor receives in exchange a state or local tax credit. Read on...
  2. National Flood Insurance Program Extension Enacted

    President Trump has signed H.R. 2157 into law. In addition to providing vital aid to jurisdictions devastated by natural disasters, The Additional Supplemental Appropriations for Disaster Relief Act of 2019 extends NFIP through Sept. 30. Read on...
  3. National Flood Insurance Extension Correction and Update

    Last week, we were incorrect in stating that the National Flood Insurance Program (NFIP) would lapse, due to Congressional inaction on the Disaster Relief legislation. In fact, a two-week extension had been enacted. Read on...
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