News




Retain Your CPE Records an Extra Year
 

Retain Your CPE Records an Extra Year

Posted: November 23, 2016
In anticipation of a periodic random audit, the New Jersey State Board of Accountancy is asking CPAs to retain their CPE records for an additional year.


New Jersey/ Pennsylvania Reciprocal Tax Agreement to Remain In Place
 

New Jersey/ Pennsylvania Reciprocal Tax Agreement to Remain In Place

Posted: November 22, 2016
On November 22, Governor Chris Christie announced that the reciprocal agreement between New Jersey and Pennsylvania will remain in place. New Jersey and Pennsylvania residents working in the opposite state will continue to pay state income taxes only in the state where they live.

5 New Jersey UEZs to Expire December 31
 

5 New Jersey UEZs to Expire December 31

Posted: November 18, 2016
On December 31, 2016, five New Jersey Urban Enterprise Zones will expire. All UEZ-qualified businesses will be immediately affected if located in one of the zones.

Estate Tax Cuts Already Changing CPAs
 

Estate Tax Cuts Already Changing CPAs' Advice to Flee NJ

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.


Pennsylvania to Offer Tax Amnesty Program
 

Pennsylvania to Offer Tax Amnesty Program

Posted: November 8, 2016
The Pennsylvania Department of Revenue will offer tax amnesty from April 21 through June 19, 2017. During this limited 60-day period, all penalties and half of the interest owed will be waived for those who apply and pay delinquent taxes.