News & Insights

The Tax Break New Jersey Business Owners Can't Afford to Miss

In an article for SJ Magazine, Bozena Diaz, Justin Csik, and Marty Babitz discuss significant changes affecting Qualified Small Business Stock (QSBS) planning at both the federal and state levels, including New Jersey’s new conformity with the federal QSBS exclusion and changes under the OBBBA that may create additional planning opportunities for business owners. ...read more

QSBS Tax Break Rules Expanded for Investors

Partners Bonnie Diaz and Justin Csik recently authored an article for NJBIZ examining significant federal and state law changes that expand the tax benefits available through Qualified Small Business Stock (QSBS). ...read more

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

What Treasury’s New Tax-Exempt Rules Mean for Private Schools

On September 4, 2026, the Treasury Department and the IRS issued proposed regulations (Notice of Proposed Rulemaking, REG-119986-25) that would deny federal tax-exempt status to private schools that discriminate on the basis of race, color, or national or ethnic origin. These rules are proposed, not final — they remain subject to public comment and may change. Treasury estimates the rule could affect as many as 18,000 institutions, from grade schools to universities, professional schools, and trade schools, so the potential impact is worth understanding now. ...read more