NJCPA Press Releases and Statements

NJCPA Media Contact

Rachael Bell

Press Releases

10 Tips for Being a Smart Student Loan Borrower

Posted: August 1, 2019
With approximately $1.5 trillion in student loan debt in the United States, students and their parents need to more carefully understand loan terms and how to combat the rising cost of borrowing.

New Jersey Society of CPAs Reminds Taxpayers to Check Tax Withholding Amid Pending IRS Form W-4 Changes

Posted: July 25, 2019
Taxpayers should review their current federal income tax withholding from their paychecks, particularly as the IRS is issuing a new Employee’s Withholding Allowance Certificate (Form W-4).

CPAs Agree U.S. Student Loan Debt is a Financial Crisis

Posted: July 8, 2019
More than 80 percent of CPAs surveyed in June by the NJCPA said they either “strongly agreed” or “somewhat agreed” that student loan debt at $1.6 trillion in the United States is a financial crisis. More than 75 percent of respondents considered student loan debt in New Jersey to be a “major problem.”

New Jersey Society of CPAs Moves Office

Posted: July 1, 2019
The New Jersey Society of Certified Public Accountants (NJCPA) has moved its office within Roseland to 105 Eisenhower Parkway, Suite 300, effective July 1, 2019.

New Jersey Society of CPAs Names Deloitte’s Kyle Sell President for 2019/20

Posted: June 6, 2019
The NJCPA has named Kyle Sell, CPA, MBA, audit & assurance partner at Deloitte & Touche LLP in Parsippany, president for the 2019/20 term.

NJCPA Members Visit Lawmakers in Washington D.C. to Discuss Issues Important to the Accounting Profession

Posted: May 29, 2019
At the top of the profession’s list of issues are modernizing the IRS's taxpayer services, changing the trigger that allows the IRS to grant deadline extensions when natural disasters occur, the growing importance of taxation of the digital economy and a Congressional resolution relating to the fiscal state of the nation.


NJCPA Supports Path to Progress Legislative Package

Posted: May 16, 2019
The NJCPA strongly endorses the reform recommendations spelled out by the New Jersey Economic and Fiscal Policy Workgroup in its “Path to Progress” report and is pleased that many of the recommendations are now included in a sweeping new package of bills introduced by Senate President Steve Sweeney.

Most CPAs Are Telling Clients to Relocate out of New Jersey — Here’s How We Can Change That

Posted: May 6, 2019
New Jersey must break its destructive tax-and-spend habit by addressing the structural imbalances in its budget in order to put the state on sounder financial footing. The NJCPA supports policies that produce a fair tax system and economic growth so that companies and residents will stay in New Jersey and thrive.

Most CPAs Are Telling Clients to Relocate out of New Jersey — Here’s How We Can Change That

Posted: April 30, 2019
Certified public accountants often hear objections about New Jersey’s high taxes from clients who are looking to leave New Jersey — and this past tax season was no exception, according to members of the New Jersey Society of CPAs.

NJCPA Responds to Governor Murphy’s Proposed FY2020 Budget

Posted: March 6, 2019
While the NJCPA commends Governor Murphy for addressing issues such as health care spending, high property taxes and the growth of small businesses in his budget presentation, we are concerned that the proposed increased spending and revenue raisers will have far-reaching consequences, affecting New Jersey’s ability to grow and attract business.​

NJCPA Urges NJ Legislature to Make Tax Code Change if Cannabis is Legalized in New Jersey

Posted: February 13, 2019
If adult-use cannabis is legalized in New Jersey, it is crucial that the state decouples from the federal law governing cannabis — Internal Revenue Code 280(E) — to have a viable cannabis industry.

NJCPA Supports Governor Murphy’s Drive to Foster Small-Business Growth But Not Full Minimum Wage Rise

Posted: January 17, 2019
In Governor Murphy’s first State of the State address on Jan. 15, he spoke about fostering the new economy of New Jersey — a key objective of NJCPA. Here, the NJCPA shares its response to the Governor's address.