Posted: May 29, 2018
Nearly 75 percent of the 786 CPAs who responded to a New Jersey Society of CPAs’ (NJCPA) survey this month said New Jersey’s economy would either get “significantly worse” (31 percent) or “marginally worse” (44 percent) over the long term under Governor Murphy’s proposed budget plan. Only 14 percent said it would end up better.
Posted: April 26, 2018
More than 80 percent of the 766 CPAs polled this week by the NJCPA say it is a good idea to grant a short-term tax amnesty of reduced penalties and fees to delinquent New Jersey taxpayers in order to generate revenue that the state may not otherwise collect.
Posted: March 16, 2018
If you can find a position that you understand and can get behind, there are likely several ways to get involved in government and pursue your interest in making a difference. Here is the novice CPA's guide to getting involved in legislative action.
Posted: March 14, 2018
Alan Sobel, CPA, managing member of Sobel & Co. LLC, and member of the New Jersey Society of CPAs (NJCPA), proposed a plan to help small businesses or flow-through entities in New Jersey in light of the recent limitations on the state and local tax (SALT) deduction stemming from the Tax Cuts and Jobs (TCJA) of 2017. The plan has been endorsed by Senators Paul Sarlo (D-Bergen), Steve Oroho (R-Sussex), Troy Singleton (D-Burlington) and Anthony Bucco Sr. (R-Morris), who are drafting legislation.
Posted: March 5, 2018
The New Jersey Society of CPAs has long supported paying people equally for the same work, without discrimination, and based entirely on merit and performance. However, we have several concerns with the language in S104, which is up for a vote on March 5.
Posted: January 12, 2018
NJCPA members have several priorities for Governor Murphy to tackle. This open letter states that we need to work together to provide an environment that not only fosters growth but adapts quickly to changing business needs.
Posted: June 12, 2017
Just in time for budget season, a cornucopia of helpful explanations and abstruse interpretations, from Appropriations Act to zero-based budgeting.
Posted: November 14, 2016
Three-quarters of CPAs in New Jersey have advised clients to leave the state because of the estate and inheritance taxes. That tax is ending – and so is the advice, even before the law is off the books.
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 firstname.lastname@example.org.