News

IRS Issues Notice on SALT Deductions
 

IRS Issues Notice on SALT Deductions

Posted: May 23, 2018
The U.S. Department of the Treasury and the IRS issued a notice today stating that proposed regulations will be issued addressing the deductibility of state and local tax payments for federal income tax purposes.

Legislators Rethinking Tax Plan for Legal Marijuana
 

Legislators Rethinking Tax Plan for Legal Marijuana

Posted: May 23, 2018
Lawmakers are looking to revamp how tax revenue from legalized cannabis is incorporated into the state budget, following talks between the Democratic administration and Sen. Nicholas Scutari, D-22nd District, an ardent supporter of marijuana legalization.

Is Your Firm as Profitable as Others Its Size?
 

Is Your Firm as Profitable as Others Its Size?

Posted: May 23, 2018
The newly redesigned and streamlined 2018 AICPA PCPS/CPA.com National Management of an Accounting Practice Survey enables you and your colleagues to make important comparisons to keep your firm on pace with changes in the profession.

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.

EDA Accepting Applications for 2018 NOL Program
 

EDA Accepting Applications for 2018 NOL Program

Posted: May 14, 2018
Qualified, unprofitable technology or biotechnology companies based in New Jersey can sell a percentage of NOLs and R&D tax credits for cash through a program offered by the New Jersey Economic Development Authority.


IRS Issues HSA Contribution Limits for 2019
 

IRS Issues HSA Contribution Limits for 2019

Posted: May 11, 2018
The IRS issued the calendar year 2019 inflation-adjusted figures for the annual contribution limits for health savings accounts (HSAs) and the minimum deductible amounts and maximum out-of-pocket expense amounts for high-deductible health plans.


NJCPA Testifies Against Bill That Would Ban Arbitration
 

NJCPA Testifies Against Bill That Would Ban Arbitration

Posted: May 10, 2018
On May 10, NJCPA Government Relations Director Jeff Kaszerman testified in Trenton before the New Jersey State Assembly Labor Committee about A1242, a bill that would in effect ban arbitration in all employment contracts.