OBBBA Tax Changes for New Jersey Small-Business Owners in 2026

2026 OBBBA tax changes for New Jersey small-business owners including QBI, SALT, Section 179 and depreciation

The One Big Beautiful Bill Act, commonly called the OBBBA, changed the tax-planning landscape for New Jersey small-business owners. Signed into law on July 4, 2025, the law made several major federal tax provisions permanent, including the 20% qualified business income deduction and 100% bonus depreciation. It also increased the federal Section 179 deduction, temporarily […]

S-Corp Election: When It Actually Saves NJ Owners Money

S-Corp Election: When It Actually Saves NJ Owners Money

For most Monmouth County owners, the S-corp election is worth the paperwork once net profit — not gross revenue — clears roughly $40,000 to $50,000 a year, and it becomes a clear, durable win somewhere in the $60,000 to $80,000-plus range. Below that, the payroll processing, the extra tax return, and New Jersey’s minimum tax […]