News & Insights

Tax Planning: New Exclusions Under New Jersey Gross Income Tax Act and Changes to QSBS Exclusion Under OBBBA

Recent federal and state tax law changes have significantly expanded planning opportunities involving Qualified Small Business Stock (QSBS). In this article for the Philadelphia Business Journal, attorneys Bonnie Diaz, Justin Csik, and Marty Babitz analyze New Jersey’s newly enacted conformity with the federal QSBS exclusion under Internal Revenue Code §1202, as well as key changes introduced under the One Big Beautiful Bill Act (OBBBA). ...read more

New Exclusions Under New Jersey Gross Income Tax Act and Major Enhancements to QSBS Exclusion Under OBBBA—Key Opportunities for Tax Planning

For dispositions of Qualified Small Business Stock (QSBS) on or after January 1, 2026, New Jersey now follows Section 1202 of the Internal Revenue Code (Section 1202), allowing New Jersey taxpayers to exclude gains from the sale of QSBS from New Jersey gross income. ...read more

Archer Adds Martyn Babitz as Of Counsel in Private Wealth, Estates & Trusts Group

Archer & Greiner (“Archer”) is pleased to announce that Martyn S. Babitz has joined the firm as Of Counsel in its Private Wealth, Estates & Trusts practice in the Voorhees office. Marty brings nearly four decades of experience in legal practice and wealth management, with extensive experience in estate, tax, wealth transfer, and philanthropic planning for high-net-worth individuals, multigenerational families, and closely held business owners. ...read more