News



Bill to Help Pass-Though Business Owners Passes Assembly Committee
 

Bill to Help Pass-Though Business Owners Passes Assembly Committee

Posted: March 19, 2019
A bill that would allow New Jersey flow-through entities to pay entity-level taxes on their net taxable income instead of having these individual business owners pay the New Jersey gross income tax passed the Assembly Appropriations Committee on March 18.



NJTV and NJ Spotlight Join Forces
 

NJTV and NJ Spotlight Join Forces

Posted: March 19, 2019
For many years, the NJCPA has partnered with NJTV and NJ Spotlight to inform and educate the public on issues ranging from tax policy to the minimum wage. These two award-winning media outlets have now combined to create one of the largest and most comprehensive news and public affairs organizations in the state.​


Agreement Reached on Legislation to Legalize Adult-Use Marijuana
 

Agreement Reached on Legislation to Legalize Adult-Use Marijuana

Posted: March 12, 2019
Governor Murphy and New Jersey legislative leaders have announced an agreement on the broad outlines of legislation to legalize adult-use marijuana in New Jersey, including the tax rate, regulatory structure and expungement provisions.


IRS Issues Proposed FDII and GILTI Deduction Regulations
 

IRS Issues Proposed FDII and GILTI Deduction Regulations

Posted: March 5, 2019
The IRS has issued proposed regulations under section 250 of the Internal Revenue Code, which offers domestic corporations deductions for foreign-derived intangible income (FDII) and global intangible low-taxed income (GILTI).