New Legislation Boosts Philanthropy
July 2, 2013
Over the last few years, we’ve heard from many donors who are confused or uneasy about the process by which the State of New Jersey determines one’s residency for tax purposes. To maintain a legal domicile outside of New Jersey requires an individual to pass a so-called “facts and circumstances test” that considers the number of days spent in New Jersey, community involvement, and other factors.…