Legislative Action Center

NJCPA Calls on New Jersey’s U.S. Senators and Representatives to Support Practitioner Services Division at IRS

Posted: July 16, 2019
This past May, several hundred CPAs from across the nation met with Members of Congress to ask for their support of consolidating existing IRS units into a Practitioner Services Division so that taxpayer issues are more efficiently resolved. These efforts proved effective – IRS Commissioner Rettig announced last week that he is considering the creation of a Practitioner Services Division, saying he understands the need for such a unit.​

Attention Small Businesses: Are You Ready for the NJ Family Leave Act?

Posted: July 5, 2019
If you have 30 to 49 employees, you could find yourself dealing with a new state law in the near future.

Do You Have a Relationship with Any of These Lawmakers?

Posted: July 2, 2019
One of the most powerful methods the NJCPA uses to influence New Jersey lawmakers is through direct contacts made by CPAs who have existing relationships with a lawmaker.

New Jersey's Angel Investor Tax Credit Has Increased

Posted: July 1, 2019
Looking to encourage investment into women and minority owned businesses, a bill to increase the Angel Investor Tax credit percentage by a taxpayer into a New Jersey emerging technology business from 10 to 20 percent of the qualified investment has been signed into law by Governor Phil Murphy.

Gov. Murphy Signs $38.7B Budget

Posted: July 1, 2019
Gov. Murphy signed a $38.7B budget for New Jersey that did not include an expansion of the millionaire's tax. He also line-item vetoed nearly $50 million in legislative spending.

Expansion of Veterans Tax Break to Go Before Voters in November

Posted: June 26, 2019
The New Jersey Legislature has approved a ballot question that would extend the existing $250 deduction to those living in continuing-care retirement communities.

New Jersey's Health-Care Debt Jumped So Much It Rivals Pension Obligations

Posted: June 7, 2019
Wall Street’s biggest worry about New Jersey is the government’s $100 billion debt to its workers’ pension funds. But because of a shift in accounting rules, its unfunded obligation for retirees’ health care benefits has tripled - and is now nearly as large.

New Jersey Amends Data Breach Law

Posted: June 3, 2019
On May 10, Governor Murphy signed a bill into law that expands the definition of “personal information” under the state data breach statute and addresses electronic notification in the event that a data breach involves a username or password. The law is effective Sept. 1, 2019.

The NJCPA plays a critical role protecting the CPA profession in the New Jersey Legislature. No group has more impact on your ability to practice your profession than the Governor and the members of the Legislature. One of the most powerful methods we use to influence this group is through direct contacts made by CPAs who have existing relationships with a lawmaker(s). If you have a relationship with any New Jersey lawmaker, please contact Jeff Kaszerman at 973-226-4494 x210 or jkaszerman@njcpa.org.