News

State Board of Accountancy Proposes New Rules
 

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.


New Jersey Provides Guidance on Combined Reporting
 

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
 

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
 

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.




2019 Standard Mileage Rates Announced
 

2019 Standard Mileage Rates Announced

Posted: December 18, 2018
The IRS has issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

New Jersey Provides Guidance on CBT Changes
 

New Jersey Provides Guidance on CBT Changes

Posted: December 11, 2018
The New Jersey Division of Taxation has issued a technical bulletin summarizing the major changes to the New Jersey Corporation Business Tax Act. The changes are effective for tax years beginning on or after Jan. 1, 2017.