NJCPA Focus is an informative blog that discusses timely issues, trends and developments in the accounting industry from NJCPA members, staff and other professionals. 

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    Legislative Approval of S21 Leads the Way for More Taxes on Cannabis Sales

    Posted: January 7, 2021
    The language in S21 (passed in December) provides that New Jersey cannabis sales are not only subject to the standard sales and use tax, and that it is the intention to enact “other subsequent law of similar effect.” Find out how these will apply.
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    What Your Clients Need to Know About the PPP Holiday Gift

    Posted: January 5, 2021
    After the latest COVID-19 relief bill in December, many business leaders still need clarification surrounding PPP loan forgiveness, tax deductibility and what businesses are eligible for a new round of funding. Here are some answers.
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    The Difference of One Day on a Big Business Deduction

    Posted: December 17, 2020
    The CARES Act contained several provisions that savvy CPAs and their clients should not overlook. One such provision, Section 3608, provides relief for plan sponsors by extending the due date for minimum required contributions (MRC) into their defined benefit plans, from their due dates in 2020 until Jan. 1, 2021.
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    Blockchain and Cryptoassets: A Wrap Up and Look Ahead

    Posted: December 10, 2020
    There are several big-picture trends and directions in blockchain and cryptoassets that CPAs should be keeping an eye on as the calendar flips to 2021.
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    How Cloud Transformation Impacts CPAs and Their Clients

    Posted: December 8, 2020
    By going to the cloud, essentially you are extending beyond the company's hosting of software on premise (four walls). However, current security models are not designed to accommodate the growing virtual nature of the extended enterprise, which creates a conflict either by limiting a company’s ability to conduct business or by putting the business at risk. Here are some considerations.
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    NJCPA’s Proposed Tax Provision Helps Small Businesses

    Posted: November 30, 2020
    The NJCPA recently released a statement proposing the State of New Jersey decouple from Internal Revenue Code Section 280E for certain small businesses. The current proposal calls for the enactment of a revenue threshold for cannabis businesses to determine eligibility for decoupling on a business-by-business basis.
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    How CPAs Should Advise Small Business Clients Ahead of Reopenings

    Posted: November 17, 2020
    Few small businesses in the U.S. have been unscathed by the pandemic. To help small business owners assess their options ahead of a full reopening, here is a checklist that CPAs can use to discuss with them.


We welcome interest in writing for NJCPA Focus. Please refer to the following guidelines in writing a blog post:

  • Have no more than 400 words in length.
  • Use bullet points/tips/recommendations, when possible.
  • Link to an objective or independent report or article, if available.
  • Do not sell a product or service.

To submit a blog post for consideration, contact Kathleen Hoffelder, content editor at NJCPA, at khoffelder@njcpa.org. All posts will be entered by NJCPA staff and reposted on social media.