Legislative Action Center

NJCPA Members Visit Lawmakers in Washington D.C. to Discuss Issues Important to the Accounting Profession

Posted: May 29, 2019
At the top of the profession’s list of issues are modernizing the IRS's taxpayer services, changing the trigger that allows the IRS to grant deadline extensions when natural disasters occur, the growing importance of taxation of the digital economy and a Congressional resolution relating to the fiscal state of the nation.

NJCPA Supports Path to Progress Legislative Package

Posted: May 16, 2019
The NJCPA strongly endorses the reform recommendations spelled out by the New Jersey Economic and Fiscal Policy Workgroup in its “Path to Progress” report and is pleased that many of the recommendations are now included in a sweeping new package of bills introduced by Senate President Steve Sweeney.

State Board Members Now Have Liability Protection

Posted: May 13, 2019
A new law provides liability protection to all people serving on professional/occupational boards in New Jersey. The NJCPA strongly supported this bill.

Most CPAs Are Telling Clients to Relocate out of New Jersey — Here’s How We Can Change That

Posted: May 6, 2019
New Jersey must break its destructive tax-and-spend habit by addressing the structural imbalances in its budget in order to put the state on sounder financial footing. The NJCPA supports policies that produce a fair tax system and economic growth so that companies and residents will stay in New Jersey and thrive.

Governor Murphy Signs Legislation to Make Student Loans More Affordable

Posted: April 25, 2019
Two new laws help borrowers of NJCLASS loans manage their student debt and repair their credit scores.

New Jerseyans Feel Overtaxed, Dissatisfied With State Handling of Financial Issues

Posted: April 10, 2019
As Tax Day approaches, about eight in 10 New Jerseyans feel they pay too much in taxes and are not happy with what the state government is doing about the affordability of living in the Garden State.

70 Percent of New Jersey CPAs Polled Say Governor Murphy’s Proposed Budget Will Make NJ’s Economy Worse

Posted: March 21, 2019
More than 38 percent of respondents said the state’s economy would become “significantly worse” and 32 percent said it would become “marginally worse.” Only 12 percent said it would be better and 17 percent said it would “stay the same.”

Bill to Help Pass-Through Business Owners Passes Assembly Committee

Posted: March 19, 2019
A bill that would allow New Jersey flow-through entities to pay entity-level taxes on their net taxable income instead of having these individual business owners pay the New Jersey gross income tax passed the Assembly Appropriations Committee on March 18.

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.