News


Tax Benefits Adjusted for Inflation for 2018
 

Tax Benefits Adjusted for Inflation for 2018

Posted: October 20, 2017
The IRS has announced the tax year 2018 annual inflation adjustments for more than 50 tax provisions, including the tax rate schedules and other tax changes.

Unclaimed Property Reporting Reminder
 

Unclaimed Property Reporting Reminder

Posted: October 19, 2017
All businesses with an operating presence in New Jersey must file an unclaimed property report by October 31, even if the business has no unclaimed property to report.

IRS Will Enforce Health Coverage Reporting on 2017 Returns
 

IRS Will Enforce Health Coverage Reporting on 2017 Returns

Posted: October 16, 2017
The IRS updated its page on health care reporting requirements to inform taxpayers and tax practitioners that it will not accept electronically filed 2017 individual income tax returns unless taxpayers indicate that they and everyone on their return had health care coverage, qualified for an exemption from coverage, or will make a shared-responsibility payment (under Sec. 5000A).


e-Services Scam Alert
 

e-Services Scam Alert

Posted: October 11, 2017
The IRS is warning all e-Services users to beware a new phishing scam that tries to trick tax professionals into “signing” a new e-Services user agreement.


IRS Updates Special Per-Diem Rates for Business Travel
 

IRS Updates Special Per-Diem Rates for Business Travel

Posted: October 2, 2017
Business travelers who incur expenses while traveling away from home have new per-diem rates to use in substantiating certain of those expenses. The new rates will be in effect from Oct. 1, 2017, to Sept. 30, 2018.


Five Things I Learned from the NJCPA Bylaws Vote
 

Five Things I Learned from the NJCPA Bylaws Vote

Posted: September 20, 2017
The NJCPA member vote earlier this year to turn down the proposed expansion of the Associate member category to include those who do not hold a CPA license was heard — loud and clear. Please read the letter to see what we learned along the way.