News

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.

Rules for NJ and Federal Property Tax Deductions Vary Widely
 

Rules for NJ and Federal Property Tax Deductions Vary Widely

Posted: January 11, 2018
New Jersey taxpayers who prepaid one or two quarters of their 2018 property tax assessments at the end of 2017 need to be aware that the amount they can deduct on their federal tax return is not the same as the amount they can deduct on their state tax return.

New Jersey Tax Law Changes for 2018
 

New Jersey Tax Law Changes for 2018

Posted: December 19, 2017
Retirees and other New Jersey residents will face a variety of tax changes in 2018 as part of the provisions in the Transportation Trust Fund and tax relief bill of 2016. Read to find out more specifics related to veterans and sales and use, retirement income and estate taxes.

CPAs Have More Reciprocity Than NJ Board of Accountancy Form Says
 

CPAs Have More Reciprocity Than NJ Board of Accountancy Form Says

Posted: September 7, 2017
The Application for Certification by Endorsement form posted on the New Jersey State Board of Accountancy website erroneously states reciprocity information. While the State Board is aware of the error, the form has yet to be updated to show that NJ has reciprocity with all jurisdictions.

NJCPA Members Turn Down Associate Member Change
 

NJCPA Members Turn Down Associate Member Change

Posted: June 14, 2017
Fellow members of the NJCPA voted against expanding the Associate membership category to include accounting and financial professionals who do not hold a CPA license.


Accounting for Tomorrow
 

Accounting for Tomorrow

Posted: April 4, 2017
AICPA members approved an international association with The Chartered Institute of Management Accountants (CIMA) in June, allowing them to promote, protect and grow the profession, as well as extend its relevancy far into the future.

IRS Warns Taxpayers of Numerous Tax Scams Nationwide
 

IRS Warns Taxpayers of Numerous Tax Scams Nationwide

Posted: December 8, 2016
As tax season approaches, the Internal Revenue Service, the states and the tax industry reminded taxpayers to be on the lookout for an array of evolving tax scams related to identity theft and refund fraud.

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.