Making one’s voice heard in Trenton these days is crucial to business professionals everywhere. This is particularly important with a new administration and the accounting industry on the cusp of change from both internal and external forces. Take a look at NJCPA’s advocacy efforts: In December 2016, the NJCPA Board of Trustees approved the Society’s new Strategic Plan, which included an image initiative with two key components: Shape policy issues that are important to CPAs, their clients and their businesses and build the political strength and brand of the NJCPA and its members by positioning the organization with media and lawmakers as a resource on issues ranging from taxes to business regulations. One year after launching that initiative, NJCPA has made significant progress. Here are some recent highlights:
- The NJCPA formed an ad hoc group of state tax experts that has assisted Senate President Stephen Sweeney and Assemblyman Roy Freiman, who want to introduce legislation addressing the impact of the federal law on New Jerseyans.
- On Jan. 5, the Society’s State Tax Interest Group leaders and representatives from the Big 4, Major and G400 Firms met with State Treasurer Nominee Elizabeth Maher Muoio, members of her staff and NJCPA member John McCormick, Mayor of Woodbridge, former State Treasurer and a member of the Budget Transition Committee.
- NJCPA CEO Ralph Thomas was invited by Senator Stephen Sweeney to join a bipartisan Economic and Fiscal Policy Review Committee.
- Society staff and leaders met with Senate Majority Leader Loretta Weinberg (D-Bergen) on Feb. 2 to address concerns and propose wording changes to provisions contained in her gender pay-equity bill.
- The NJCPA endorsed a white paper written by BioNJ, an association of biotech companies that will help to generate a more favorable environment for innovative companies.
Here are some media clips:
- Plan Aims to Turn Property-Tax Bills into Charitable Deductions to Skirt Overhaul, Jan. 5, Wall Street Journal, featuring quote from NJCPA member Marty Davidoff
- You should know this about property taxes and Trump tax law before filing N.J. return, Jan. 11, NJ.com
- This is a tax mistake New Jersey residents can’t afford to make, Jan. 16, NJ 101.5
- Assemblyman Seeks Fix to Expedite NJ Credit for Property-Tax Prepayments, Jan. 24, Spotlight NJ
- Will federal changes force New Jersey to 'blow up' tax system?, Jan. 29, Philadelphia Inquirer
- How firms are refilling the pipeline, Jan. 29, NJBIZ
- Majority polled say treating NJ property tax payments as charitable contributions, Jan. 30, NJBIZ
Come check us out. A complete list of New Jersey legislation that the NJCPA is tracking is available on NJCPA’s Legislative Action Center.