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Amid the final $58.8 billion New Jersey budget signed by Governor Murphy on June 30, a New Jersey Society of Certified Public Accountants’ (NJCPA) survey of nearly 500 finance and accounting members taken in June found that they have a more pessimistic view of New Jersey’s economy for the second half of 2025 compared to the national economy.

More than 35 college students attended the 2025 NJCPA Convention & Expo on June 4 and gained career advice at the “Accounting for the Future” themed event. The students attend Caldwell University, Essex County College, Kean University, Middlesex College, New Jersey City University, Rider University, Rowan University, Rutgers University, Saint Peter’s University, Stockton University and William & Mary.

Client expectations aren’t rising — they’ve already risen. And the firms meeting them aren’t just delivering great work. They’re doing it faster with tools that make life easier for everyone.

Helping clients navigate resolution programs requires expertise and persistence. You need to assess each client's financial situation to determine the best strategy and be proactive with tax authorities to avoid liens and levies.

The potential expiration of the TCJA estate and gift tax exemption could present significant challenges to the owners of closely held businesses.