PAGE HEADING

Reconstructing records after a natural disaster can be a tedious but necessary task. Records help people prove their disaster-related losses. More accurately estimated losses, in turn, can help people receive more recovery assistance like loans or grants.

In replacing personal documents, such as driver's license, social security card, credit and ATM cards, insurance cards, marriage certificates and car titles, a careful review of the steps involved is needed.

When confronted with damages and losses, it’s important to follow some “dos and don’ts” if you hope to take full advantage of your insurance coverage.

Fly-by-night contractors and scam artists follow in the wake of disasters to prey on vulnerable victims. If you feel you are a victim of fraud, contact reportfraud.ftc.gov.

New Jersey is considered a "gross income tax" state, meaning individuals are taxed on gross income with no itemized deductions allowed. Although losses cannot be deducted on New Jersey tax returns, they may be deductible for federal tax purposes.

Before amending a tax return, take the time to determine whether it is financially wiser to deduct the losses from your previous year’s or current year’s tax return. Also, keep in mind that casualty losses are not deductible on New Jersey income tax returns.

Today's accounting jobs require new hires to have specific skill sets to help them achieve success and thrive at the start of their journeys. Everything from professionalism and attention spans to tech skills can make a difference.

College professors praise the cost savings and efficiency to be had from a bill drafted by the New Jersey Society of Certified Public Accountants (NJCPA) that provides an additional pathway to CPA licensure in New Jersey.

The New Jersey Society of Certified Public Accountants (NJCPA) congratulates Kevin T. Bordner, CPA, director of corporate accounting at Corcentric in Cherry Hill, and Caitlin M. Smith, CPA, partner at SKC and Co. CPAs LLC in Booton Township, on being selected to the American Institute of Certified Public Accountants’ (AICPA) 2025 Leadership Academy.

This summer’s developments signal that crypto finance is moving from fringe novelty to institutional mainstream. For CPAs, this isn’t a wave to ride — it’s a new bedrock. Those who act now can define the framework clients will rely on for years to come.

New Jersey CPA asked New Jersey’s Democratic gubernatorial candidate Rep. Mikie Sherrill and Republican nominee Jack Ciattarelli to provide comments on their top priorities for the state; what can be done to attract and retain businesses; taxes; pensions; and how to improve the state’s economic well-being. Here's what they said.