New Jersey governor signs bill to bypass SALT cap on small business tax deductions

New Jersey Governor Phil Murphy signed legislation Monday giving small businesses in the Garden State a workaround for the $10,000 cap on state and local tax deductions under the Tax Cuts and Jobs Act.

New Jersey governor signs bill to bypass SALT cap on small business tax deductions


IRS whistleblower awards declined steeply in FY19

The Internal Revenue Service’s Whistleblower Office made 181 awards to whistleblowers in fiscal year 2019, totaling over $120 million and collected more than $616 million.

IRS whistleblower awards declined steeply in FY19


Meet the new W-4

The brand-new withholding form for 2020 will present taxpayers with challenges, and tax pros with opportunities, says ADP’s Pete Isberg.

Meet the new W-4


Art of Accounting: Preparing for a client meeting

I always prepare for client meetings. Sometimes I overprepare because I don’t want to be unprepared and also because I want to control the pace, direction and timing of the meeting.

Art of Accounting: Preparing for a client meeting


Wirecard chairman resigns in midst of accounting controversy

Wirecard AG Chairman Wulf Matthias resigned after months of controversy over the digital payments company’s accounting practices.

Wirecard chairman resigns in midst of accounting controversy


Expensify launches charitable corporate card and charity organization

Priority ERP integrates AvaTax, Vertex achieves “Built for NetSuite” status, and Doc.It updates portal software.

Expensify launches charitable corporate card and charity organization


Professors recognized for research paper on performance-based incentives

The Association of International Certified Professional Accountants and the Management Accounting Section of the American Accounting Association recognized three college professors with the 2020 Greatest Potential Impact on Management Accounting Practice Award.

Professors recognized for research paper on performance-based incentives


Better Every Day: From advisor to arbiter of elegance and civility

Accountants should be ‘ladies and gentlemen serving ladies and gentlemen.’

Better Every Day: From advisor to arbiter of elegance and civility


Thomson Reuters introduces virtual currency organizer

The company has also partnered with Verady, a crypto-focused accounting firm, to acquire reliable data on the volatile virtual currency markets.

Thomson Reuters introduces virtual currency organizer


Firms on the move: Armanino distributes $50K to six nonprofits

BKD and MBAF each relocate NYC offices; AAM celebrates 30 years with new logo and Facebook Live event; and more CPA news.

Firms on the move: Armanino distributes K to six nonprofits