News

New Jersey Issues Sales Tax Rules for Remote Sellers
 

New Jersey Issues Sales Tax Rules for Remote Sellers

Posted: August 16, 2018
Consistent with South Dakota v. Wayfair, effective Oct. 1, 2018, a remote seller that makes a retail sale of tangible personal property, specified digital products or services for delivery to a location in New Jersey must register, collect and remit New Jersey sales tax if the remote seller meets one of two criteria.


IRS Issues Proposed Section 199A Regulations
 

IRS Issues Proposed Section 199A Regulations

Posted: August 8, 2018
The IRS has issued proposed regulations for a new provision allowing many owners of sole proprietorships, partnerships, trusts and S corporations to deduct 20 percent of their qualified business income.

Treasury, IRS Propose Regs on New 100-Percent Depreciation
 

Treasury, IRS Propose Regs on New 100-Percent Depreciation

Posted: August 3, 2018
The Treasury Department and the IRS have issued proposed regulations on the new 100-percent depreciation deduction that allows businesses to write off most depreciable business assets in the year they are placed in service.




Expired New Jersey UEZs Have Been Reinstated
 

Expired New Jersey UEZs Have Been Reinstated

Posted: May 31, 2018
Legislation to reinstate until Dec. 31, 2023, each urban enterprise zone that has expired — Bridgeton, Camden, Newark, Plainfield and Trenton — and require a report on the effectiveness of the program has been signed into law.

Paid Sick Leave Now the Law in New Jersey
 

Paid Sick Leave Now the Law in New Jersey

Posted: May 25, 2018
New Jersey has now joined several other states in passing a paid sick leave law. The law preempts paid sick leave ordinances adopted by several cities and towns so there is now one uniform law in this area for New Jersey employers. Here is what you need to know about the new law.

Free Tools to Counter a Common Audit Issue
 

Free Tools to Counter a Common Audit Issue

Posted: May 21, 2018
Risk assessment is at the core of every audit. However, more than 1 in 10 firms aren’t properly assessing risk or linking their assessment to their audit procedures. The AICPA's free toolkit has resources to help.