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A potential fire can be found in two bills making their way through Congress, both dubbed the “Millionaires/Billionaires Income Tax Act.” Over time, estate taxes, in its many forms, create slow erosion of economic growth.

An NJCPA member survey taken before the gubernatorial election showed that reducing property taxes, keeping state spending in check and improving the state’s infrastructure should be the highest economic priorities for the next Governor’s term.

The New Jersey Society of Certified Public Accountants (NJCPA) has opened its scholarship applications for New Jersey-based high school and college students studying accounting.

The New Jersey Society of Certified Public Accountants (NJCPA) has entered a partnership with Family Enterprise USA (FEUSA), a bipartisan 501(c)(3) organization that promotes generationally owned family business creation, growth, viability and sustainability by advocating for family businesses in Washington, DC.

Partnerships are becoming more and more common these days, and for good reason: They have easy formation and flexible profit/loss allocation and distributions rules. But with that popularity comes more frequent tax issues.