Plan Your Testing Schedule with 2019 CPA Exam Score Release Dates Posted: January 22, 2019 The CPA Exam score release dates can be a valuable resource for candidates planning their testing schedule for coming months. Here are the four score release dates for each testing window in 2019.
Final Regulations Issued on New Qualified Business Income Deduction Posted: January 18, 2019 The Treasury Department and the IRS have issued final regulations and three related pieces of guidance, implementing the new qualified business income (QBI) deduction (section 199A deduction).
Agreement on Minimum Wage Reached Between Governor, Legislature Posted: January 17, 2019 Democratic leaders delivered a compromise on the controversial proposal to increase New Jersey’s minimum wage to $15 an hour.
IRS Waives Penalty for Many Whose Tax Withholding and Estimated Tax Payments Fell Short in 2018 Posted: January 16, 2019 The IRS is generally waiving the penalty for any taxpayer who paid at least 85 percent of their total tax liability during the year through federal income tax withholding, quarterly estimated tax payments or a combination of the two.
State Board of Accountancy Proposes New Rules Posted: January 11, 2019 Proposed regulations to overhaul and update all of the New Jersey State Board of Accountancy’s regulations have been published in the New Jersey Register. Comments are due by March 8.
IRS Confirms Tax Filing Season to Begin Jan. 28 Posted: January 8, 2019 Despite the government shutdown, the IRS has confirmed that it will process tax returns beginning Jan. 28, 2019, and provide refunds to taxpayers as scheduled.
GASB Issues Proposed Implementation Guide on Fiduciary Activities Posted: January 7, 2019 The Governmental Accounting Standards Board has issued a proposed Implementation Guide that contains questions and answers about the new standards on accounting and financial reporting for fiduciary activities.
New Jersey Provides Guidance on Combined Reporting Posted: January 7, 2019 Combined reporting is now mandated in New Jersey for privilege periods ending on and after July 31, 2019. The New Jersey Division of Taxation has issued a bulletin that explains what business entities are and are not included in a combined group.
Changes Related to Peer Review Proposed for UAA Posted: January 7, 2019 Peer review requirements in the Uniform Accountancy Act Model Rules would be revised under a proposal issued by the National Association of State Boards of Accountancy.
New Jersey CBT Filing Deadline Extended Posted: January 3, 2019 The 2018 CBT-100, BFC-1 and CBT-100S returns are currently in the process of being finalized, so certain taxpayers now have until Feb. 15 to file.