Roseland NJ, New Jersey’s economy is expected to stay about the same during the second half of the year compared to the first half, according to 44% of the 434 certified public accountants surveyed by the New Jersey Society of Certified Public Accountants (NJCPA) in June. An equal number (44%) believed it would worsen. Only 12% believed it would improve.
Roseland NJ, New Jersey’s economy is expected to get worse during the second half of the year, according to nearly 65 percent of the 441 certified public accountants surveyed by the New Jersey Society of CPAs (NJCPA) in May. An even larger percentage of respondents — 68 percent — believed the economic conditions in the United States would get worse over the remainder of the year.
Roseland NJ, Having a commercial cannabis industry in New Jersey will help the state’s economy, according to 66 percent of the 924 certified public accountants (CPAs) surveyed in August by the New Jersey Society of Certified Public Accountants (NJCPA). The majority (68 percent) of respondents either “strongly agree” or “somewhat agree” that New Jersey lawmakers need to take steps to mitigate the impact of federal regulations on the industry, such as the inability to deduct business expenses.
Trenton NJ, New Jersey Business & Industry Association Vice President of Government Affairs Christopher Emigholz issued the following statement today regarding the release of the Senate Select Committee on Economic Growth Strategies (SEGS) report.
The crisis facing New Jersey’s economy is severe and results from three continuing deteriorating conditions. The Transportation Trust Fund is broke, resulting in the suspension of projects needed to prevent the total deterioration of New Jersey’s road and bridge infrastructure. The income tax structure is a factor causing middle class senior citizen retirees to depart for the income tax-free state of Florida, thus diminishing New Jersey’s retail consumer base. Finally, the state’s high estate tax is causing the Garden State to hemorrhage wealth, as affluent taxpayers leave, eviscerating the state’s income tax base. Alan Steinberg, PolitickerNJ Read more
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