I have written a post on “What’s New for New Jersey and New York Taxes for 2008” over at THE WANDERING TAX PRO.
Click here for “NJ 2008 Information” for New Jersey from the NJDOT website.
The big news for New Jersey concerns the “Property Tax Reimbursement Program” – aka “Senior Freeze”. Click here for more information on changes for 2008 and retroactive for 2007. Qualifying clients who did not file a PTR-1 or PTR-2 application for 2007 because of their level of income may now be able to request a check!
Click here to download the 2008 Form NJ-1040, and here for the 2008 NJ-1040-O “Opt Out” form.
New York State has produced “A Guidebook of Resources for Tax Practitioners” (Publication 3). Click here for the NY Department of Finance and Taxation website’s Tax Professional Home Page.
BTW – You may want to check out my post “2008 – The Tax Year In Review” that will appear tomorrow (Tuesday) at THE WANDERING TAX PRO to see if I left anything out.