New Jersey has a state income tax, so tax time here means two returns — your federal return and your New Jersey return. Compass Tax Center handles both, personally, year-round, and 100% virtually. From North Jersey to the Shore to South Jersey, we're a secure upload and a phone call away.
A federal return and a New Jersey return, prepared together so they agree and you claim every credit you're owed. New Jersey's rates climb steeply at the top, but retirees get a real break — and we make sure yours is claimed.
Two returns instead of one means more places to save and more places to slip up. We handle the whole picture, federal and state, and we're here after April, too.
New Jersey's income tax is graduated and reaches 10.75% on income over $1 million — among the highest top rates in the country. But the state also offers a generous retirement-income exclusion that lets many retirees shield a large share of pension and retirement income from New Jersey tax.
The exclusion has income limits and rules that are easy to trip over. We make sure your New Jersey return uses every exclusion and credit you qualify for, and that your two returns agree.
New Jersey's income tax gets attention, but a couple of other taxes stand out — the nation's highest property taxes, and an inheritance tax. If any of these are you, they're firmly in our wheelhouse.
You don't need a tax office down the road — you need the right person handling both your returns. Everything we do is secure and fully virtual, so working with us is exactly as easy from Cape May as it is from Newark. And since we serve all 50 states, if life moves you out of New Jersey, your tax help doesn't have to change.
Start now or book a free consultation. We're here year-round — for tax season and everything after it.