Latest Articles

 Texas Tech Wins 2021 Financial Planning Challenge

September 27, 2021 

Texas Tech Wins 2021 Financial Planning Challenge

The Financial Planning Challenge is the culmination of a months-long effort. In Phase 1, which took place in the spring, all participating teams compiled a written financial plan for a hypothetical client. Students could not seek advice or help from ...

Charity

September 27, 2021 

NJCPA Hosts Food Drive for FoodBank of New Jersey

More than a year into the pandemic and in the wake of Hurricane Ida, hardships still exist for New Jersey families, which the Community FoodBank hopes to conquer by distributing food to charities, soup kitchens and food pantries throughout the state.

tax-1351881_960_720_pixabay 905513

September 27, 2021 

Will the 2022 Income Tax Season be Normal?

So will the 2022 tax filing season be normal? Not likely. In addition to lasting health concerns, a number of new tax law provisions will create complications for some filers, as well as potential pitfalls to avoid. And maybe new tax laws by year's end.

Ken Berry, JD

irs building_10858577

September 27, 2021 

New $67 IRS User Fee for Estate Tax Closing Letters

The new IRS user fee was authorized under final regulations, TD 9957, available in the Federal Register. Closing letter requests must be made using Pay.gov. The IRS will provide further procedural details before the user fee goes into effect.

sales_tax

September 23, 2021 

West Virginia Imposes Sales Tax on Streaming Services

The West Virginia State Tax Department recently clarified that although digital products are exempt from sales and use tax in West Virginia, streaming services are subject to West Virginia sales and use tax. This is at odds with West Virginia’s earlier guidance. Previously, the Tax Department suggested it didn’t tax streaming services. It’s possible to...…

Gail Cole