News

EDA Accepting Applications for 2018 NOL Program
 

EDA Accepting Applications for 2018 NOL Program

Posted: May 14, 2018
Qualified, unprofitable technology or biotechnology companies based in New Jersey can sell a percentage of NOLs and R&D tax credits for cash through a program offered by the New Jersey Economic Development Authority.


IRS Issues HSA Contribution Limits for 2019
 

IRS Issues HSA Contribution Limits for 2019

Posted: May 11, 2018
The IRS issued the calendar year 2019 inflation-adjusted figures for the annual contribution limits for health savings accounts (HSAs) and the minimum deductible amounts and maximum out-of-pocket expense amounts for high-deductible health plans.


NJCPA Testifies Against Bill That Would Ban Arbitration
 

NJCPA Testifies Against Bill That Would Ban Arbitration

Posted: May 10, 2018
On May 10, NJCPA Government Relations Director Jeff Kaszerman testified in Trenton before the New Jersey State Assembly Labor Committee about A1242, a bill that would in effect ban arbitration in all employment contracts.





IRS Describes New Reporting Requirements for Certain Life Insurance Transactions
 

IRS Describes New Reporting Requirements for Certain Life Insurance Transactions

Posted: April 26, 2018
The IRS has outlined the new information reporting requirements for certain life insurance contracts under new IRC 6050Y, which was added by the Tax Cuts and Jobs Act. The new reporting requirements apply to reportable death benefits paid and reportable policy sales made after Dec. 31, 2017.