Tax Services in New JerseyTax Services in New JerseyTax Services in New Jersey
Tax Services in New Jersey

Why Choosing the Right Tax Partner in New Jersey Matters

New Jersey isn’t just another state regarding taxes — it’s one of the most complex tax environments in the country. Every mistake can cost you money, from high property taxes to unique rules on multi-state income.

Here’s why working with a New Jersey tax accountant matters:

Unique New Jersey Tax Challenges

  • Highest Property Taxes in the U.S.: New Jersey’s average property tax rate is 2.21%, compared to the national average of 0.99% (Source: Tax Foundation).
  • Different Rules from Federal Taxes: New Jersey does not automatically conform to federal tax changes, making state filing very different from federal filing.
  • Multi-State Income Complications: If you live in New Jersey but work in New York or Pennsylvania, you’ll likely need help with expert multi-state tax filing in New Jersey.

Trusted Guidance for Your Situation

At GTA Accounting Group, you get more than just tax preparation — you get personalized advice tailored to your needs:

  • Proactive tax planning in New Jersey to minimize liabilities year-round.
  • IRS audit representation in New Jersey, so you never face the IRS alone.
  • Up-to-date knowledge of New Jersey’s evolving tax credits like the expanded EITC and Stay NJ Property Tax Relief.

When you work with us, you’re getting local experts who know how to protect your finances — and help you keep more of what you earn.

Partners

Google Reviews

Client Success Stories

arrow
arrow

Latest New Jersey Tax Changes You Need to Know for 2024

Staying informed about recent tax law changes is crucial for effective financial planning. In 2024, New Jersey introduced several updates that may impact your tax situation.​

Property Tax Relief Programs

New Jersey offers multiple property tax relief programs to assist homeowners and renters:​

  • ANCHOR Program: Provides property tax relief to eligible homeowners and renters.​
  • Senior Freeze (Property Tax Reimbursement): Helps seniors and disabled residents by reimbursing property tax increases.​
  • Stay NJ Property Tax Credit: Aims to reduce property taxes for eligible residents.​

These programs are subject to change based on state budget decisions.

Corporate Business Tax Adjustments

New Jersey's corporate business tax rates vary based on income levels:​

  • Income over $100,000: Tax rate of 9%.​
  • Income between $50,001 and $100,000: Tax rate of 7.5%.​
  • Income $50,000 or less: Tax rate of 6.5%.​

These rates apply to adjusted entire net income allocable to New Jersey. 

Sales Tax on Digital Products

New Jersey imposes a sales tax of 6.625% on certain digital products, including:​

  • Digital audio works (e.g., music downloads)​
  • Digital audiovisual works (e.g., movies, streaming videos)​
  • Digital books​

However, some digital products, such as digital newspapers and magazines, may be exempt from this requirement.

Green Energy Incentives

New Jersey residents can benefit from various clean energy incentives:​

  • Residential Clean Energy Credit: Offers a tax credit for the purchase of residential clean energy equipment, including battery storage with a capacity of at least 3 kWh. The base credit amount is 30% of the equipment cost through 2032
  • Sales Tax Exemption: Provides a full exemption from state sales tax on all solar energy equipment, including batteries that store energy generated from the sun. ​

Why New Jersey Clients Trust GTA Accounting Group

When handling your taxes, you deserve a partner who brings more than forms and numbers. You deserve a team that brings local knowledge, accuracy, strategic thinking, and responsive service — every step of the way. Here's why individuals and businesses across New Jersey turn to GTA Accounting Group for their tax services New Jersey:

Get in touch
(001)

Local Expertise That Makes a Difference

arrow
(002)

Accurate and Timely Tax Preparation

arrow
(003)

Full IRS and State Representation

arrow
(004)

Personalized Strategies, Not Cookie-Cutter Solutions

arrow
(005)

Transparent Pricing with No Surprises

arrow
(006)

Fast, Responsive Communication

arrow

Comprehensive Tax Services in New Jersey

At GTA Accounting Group, we offer a full range of tax services in New Jersey designed to meet the diverse needs of individuals, families, small businesses, corporations, and expats. Whether you're filing a simple return or handling complex international investments, we ensure your filings are accurate, compliant, and optimized for savings. 

Here’s what we can help you with:

Tax Services in New Jersey

Individual Tax Preparation NJ

  • W-2, 1099, freelance, contractor returns
  • Tax credits, deductions, and refund optimization
  • Filing for residents, part-year residents, and nonresidents

Business Tax Services NJ

  • LLC, S-Corp, C-Corp, and Partnership filings
  • LLC tax filing New Jersey strategies for small businesses
  • Corporate and partnership taxation NJ compliance and advisory
  • Business deductions, credits, and depreciation planning

Tax Planning New Jersey

  • Proactive planning to lower your current and future tax liabilities
  • Year-end tax strategy sessions
  • Retirement, investment, and education planning guidance

IRS Audit Representation New Jersey

  • Full audit support and defence
  • Correspondence management with the IRS or the State of New Jersey
  • Representation for tax disputes, letters, and examinations

International Tax Accountant NJ

  • Cross-border income reporting
  • Foreign bank account reporting NJ (FBAR & FATCA compliance)
  • Expat tax services in New Jersey for Americans living abroad

Crypto Tax Services NJ

  • Reporting crypto trading, mining, and staking activities
  • Proper capital gains and income classification
  • Minimizing crypto tax liabilities legally

Rental Property Tax Services NJ

  • Rental income reporting and expense deductions
  • Depreciation schedules and property-specific credits
  • Tax strategies for multi-property owners

Multi-State Tax Filing New Jersey

  • Managing income across New Jersey, New York, Pennsylvania, and beyond
  • Credits for taxes paid to other states
  • Avoiding double taxation with strategic filings

Additional Specialized Services:

  • ITIN services New Jersey: Assistance with applications and renewals
  • Sales and use tax services NJ: Registration, collection, and filing for businesses
  • Capital gains tax New Jersey: Strategic planning on asset sales
  • Amended tax returns NJ: Correcting previous filing errors
  • Tax settlement services NJ: Offers in compromise and installment agreements
  • Forensic accounting services NJ: Financial investigations for businesses
  • Property accounting New Jersey: Bookkeeping for landlords and investors
  • IRS letter response services NJ: Fast and effective handling of notices

Need help with something not listed here? We handle it ALL.
[Contact Us Today] to talk about your tax needs.

Facts That Could Save You Money

New Jersey offers several tax credits and deductions that can help reduce your tax liability. Being aware of these can lead to significant savings:​

Property Tax Relief Programs

  • ANCHOR Program: This program provides property tax relief to eligible homeowners and renters. Homeowners with incomes up to $250,000 and renters with incomes up to $150,000 may qualify. 
  • Senior Freeze (Property Tax Reimbursement): This program reimburses eligible seniors and disabled residents for property tax increases on their principal residence. ​

Earned Income Tax Credit (EITC)

New Jersey's EITC is 40% of the federal credit, providing substantial support to low- to moderate-income individuals and families. However, many eligible residents fail to claim this benefit. 

Film and Digital Media Tax Credit

For businesses in the entertainment industry, New Jersey offers a tax credit of up to 35% for qualified expenses related to film and digital media production, encouraging local production activities. Understanding and utilizing these local tax benefits can lead to significant savings.​

Industries and Client Types We Help

Tax Services in New Jersey

At GTA Accounting Group, every individual and business has unique tax needs. That’s why our tax services in New Jersey are tailored to different industries, professions, and financial situations. Whether managing rental properties, launching a tech startup, or working overseas, we have the experience you need to stay compliant and keep more of your money.

Here’s who we proudly serve across New Jersey:

Individuals and Families

  • Simple and complex personal tax returns
  • Tax credits and deductions for families, students, and homeowners
  • Estate and inheritance tax planning

Small Businesses and Startups

  • LLC tax filing in New Jersey and business entity optimization
  • Quarterly estimated taxes and bookkeeping integration
  • Guidance for freelancers, consultants, and self-employed professionals

Corporations and Partnerships

  • Full-service corporate and partnership taxation NJ filings
  • Strategic business tax planning to minimize liabilities
  • Multi-state operations and reporting compliance

Real Estate Investors and Property Managers

  • Rental property tax services in NJ for landlords and property owners
  • Depreciation, 1031 exchanges, and passive income strategies
  • Property accounting for multi-unit complexes

Expats and International Filers

  • Expat tax services in New Jersey for Americans living abroad
  • Dual-status returns and foreign tax credits
  • Foreign bank account reporting NJ (FBAR, FATCA)

Crypto Investors and Traders

  • Specialized crypto tax services in NJ for buying, selling, staking, and mining
  • Tax-efficient strategies for volatile digital asset portfolios

Contractors, Freelancers, and Gig Workers

  • Quarterly tax management and estimated payments
  • Home office deductions, retirement savings optimization

Where do you fit in?
We customize our approach based on your needs — no cookie-cutter advice here.

What Working with GTA Accounting Group Looks Like

At GTA Accounting Group, we aim to make your tax and accounting experience straightforward and stress-free. Here's how we work with you:​

Initial Consultation

  • Understanding Your Needs: We discuss your specific tax and accounting requirements.​
  • Gathering Information: You'll provide relevant financial documents and details about your situation.​

Personalized Strategy Development

  • Customized Planning: We develop a tailored plan to address your tax obligations and financial goals based on your information
  • Identifying Opportunities: We look for potential deductions, credits, and strategies to optimize your financial outcomes.​

Implementation and Filing

  • Accurate Preparation: Our team prepares your tax returns and financial statements precisely and carefully.​
  • Timely Submission: We ensure all filings are submitted on time to avoid penalties.​

Ongoing Support

  • Continuous Communication: We keep you informed about any changes in tax laws that may affect you.​
  • Year-round Assistance: Our team is available year-round to answer questions and provide support as needed.​

Working with GTA Accounting Group means having a reliable partner dedicated to your financial success.​

Local Client Success Stories

Tax Services in New Jersey

At GTA Accounting Group, our commitment to delivering personalized and effective tax solutions has earned us clients' trust across New Jersey. Here are some examples of how we've assisted individuals and businesses in achieving their financial goals:​

Small Business Owner in Newark

A local entrepreneur approached us with concerns about their business's tax liabilities. Our team thoroughly identified eligible deductions and credits, resulting in significant tax savings. The client appreciated our proactive approach and continues to rely on our services for ongoing tax planning.​

Independent Contractor in Jersey City

An independent contractor faced challenges with quarterly tax filings and understanding self-employment tax obligations. We provided clear guidance, set up a structured payment plan, and ensured timely filings, which alleviated the client's stress and helping the client's stress and helped them stay compliant.​

Real Estate Investor in Hoboken

A real estate investor managing multiple rental properties needed assistance with property accounting and tax reporting assistance property accounting and tax reporting. Our team streamlined their bookkeeping processes, optimized depreciation schedules, and improved cash flow management, enhancing profitability.​

These stories reflect our dedication to providing tailored tax solutions that meet the unique needs of our clients.​

Areas We Serve Across New Jersey

Whether you're a small business owner in Newark, a landlord in Trenton, or a freelancer in Jersey City, GTA Accounting Group proudly serves clients in every corner of the Garden State. Our localized expertise means you get accurate advice that reflects the state-specific regulations, tax credits, and deadlines that impact you most.

Get in touch
Tax Services in New Jersey
We provide tax services in:
  • Newark
  • Jersey City
  • Princeton
  • Trenton
  • Atlantic City
  • Hoboken
  • Cherry Hill
  • Edison
  • Elizabeth
  • Paterson
Tax Services in New Jersey
Serving all industries and tax profiles:
  • Individuals and Families
  • Small Businesses and Startups
  • Corporations and Partnerships
  • Rental Property Owners
  • Expats and International Filers
  • Crypto Traders
  • Nonprofits and LLCs

Can’t find your city on the list?
That is no problem. We work with clients throughout New Jersey and offer virtual services statewide.

Let’s Simplify Your Taxes Today

Tax Services in New Jersey

Taxes shouldn’t be stressful, confusing, or expensive. At GTA Accounting Group, we’re here to help you file correctly, pay, and stay compliant — whether you're an individual, business, investor, or expat living in New Jersey.

With our local expertise and hands-on support, you’ll get:

  • Accurate, on-time tax preparation in New Jersey
  • Strategic, year-round tax planning in New Jersey
  • Full representation for IRS and state audits
  • Reliable guidance on crypto, rental, multi-state, and international taxes

Ready to get started?

[Contact Us] to schedule your free consultation.
Let’s build a tax strategy that works for you — not just for the IRS.

Your finances deserve expert care. Let’s make tax season your easiest one yet.

FAQs About Tax Services in New Jersey

Get in touch

When is the tax filing deadline in New Jersey?

arrow

What are the most common deductions New Jersey residents miss?

arrow

Can GTA help with IRS or New Jersey state tax letters?

arrow

I have income from multiple states. Can you help?

arrow

Are crypto transactions taxable in New Jersey?

arrow

Do I need to file an amended return if I made a mistake?

arrow

Do you offer help for expats or U.S. citizens abroad?

arrow

What is the minimum income required to file taxes in New Jersey?

arrow

What are the benefits of using a local New Jersey tax consultant?

arrow

How do I get started with GTA Accounting Group?

arrow