Now that sales tax nexus is no longer limited to physical presence, a dynamic regulatory environment has been created out of the rise of economic nexus coupled with state-specific changes. It is essential to stay informed about recent developments.

While there are multiple strategies for CPA candidates to fulfill the extra 30 credits needed to fulfill the 150-credit requirement, the profession, including the NJCPA, continues to investigate other options.

Nonprofits must navigate complex compliance landscapes and align reporting practices with donor expectations and regulatory updates to maintain trust. This helps to focus on completing mission goals, making a positive impact and serving the public.