Guest Blog

Image from https://scharfinvestments.com/what-to-know-before-the-tax-cuts-and-jobs-act-provisions-sunset/   Written By: Andrea J. Dutto CPA MSPC Certified Public Accountants and Advisors, P.C.   When the Tax Cuts and Jobs Act (TCJA) took effect in late 2017, it represented the most significant overhaul of the federal tax code in decades.   It lowered tax rates, nearly doubled the standard deduction, expanded tax credits, and introduced new business deductions that impacted both individuals and corporations alike.  Now, as we approach 2026, many of the TCJA’s key provisions are set to expire or “sunset,” with most individual-related provisions, including tax rates and credits, sunsetting at the end of 2025,…

Written By: Zachary Posess Gibbons P.C.   On June 5, 2025, the U.S. Supreme Court issued a unanimous decision that places reverse discrimination claims on equal footing with traditional discrimination claims under federal law. Ames v. Ohio Department of Youth Services, 605 U.S. ___ (2025). The plaintiff, a heterosexual woman, claimed her employer denied her a promotion and demoted her on the basis of her sexual orientation. The Sixth Circuit dismissed her claims, finding she had failed to surpass the additional hurdle required in reverse discrimination claims to identify “background circumstances” demonstrating the Ohio Department of Youth Services was the “unusual…

Written By: Chris Regan Founder CLR Solutions LLC   We all hear about the benefits of e-waste recycling, but have you ever wondered how it actually happens? At CLR Solutions, we believe that public education is essential to help people understand the importance of their role in tech recycling. By knowing the steps involved-like dismantling, recovering valuable materials, and safely handling hazardous substances-you can better appreciate how your actions contribute to reducing waste and protecting the environment. When you understand how the process works and how it aligns with the impact we aim to achieve, we believe we can work…

Written By: Chris Regan Founder CLR Solutions LLC   The need for proper disposal and recycling of e-waste goes beyond just phones, laptops, and household electronics. Laboratory equipment is equally, if not more, important when it comes to responsible handling. As lab devices age, they can become less reliable and effective, making proper removal and decommissioning crucial for both safety and resource management. Here’s why recycling lab equipment is so essential. Protecting Sensitive Data Many laboratory devices store sensitive information, including research data, experimental results, and intellectual property. Devices like lab computers, analytical instruments, and data collection systems hold valuable data that must be securely wiped…

Written By: By Jeff Kaszerman Vice President of Gov Relations NJ Society of CPAs   Recognizing the need to increase access to the accounting field, the New Jersey Society of CPAs wrote legislation providing an additional pathway to obtain CPA licensure in New Jersey.  This bill would remove barriers to the license by reducing the education credit hours needed from the current 150 credit hours to a bachelor’s degree, but adds an extra year of accounting experience. This will save those interested in getting their CPA license a great deal of money and allow them to start their carer earlier,…

Written By: Kenneth Rosenberg Brian Frederick Fox Rothschild   A pair of bills were introduced in the New Jersey Legislature seeking to ban or significantly restrict employers’ ability to enter into and enforce noncompete agreements. The proposed legislation (S4385 and S4386) seeks to place New Jersey among the states that have banned or dramatically restricted the enforcement of such agreements, including California, Colorado, Oklahoma, North Dakota and Minnesota. The bills follow the Federal Trade Commission’s stalled attempt to restrict noncompete agreements nationwide under the Biden Administration (discussed here). Employers should keep apprised of New Jersey’s ongoing efforts to restrict noncompetes and ensure…

Written By: Walter J. Brasch, CPA, CGMA Prager Metis NJCPA   New law drafted by the NJCPA makes the state’s full financial condition understandable to all Every fiscal year, the State of New Jersey’s financial condition undergoes a comprehensive analysis, which is compiled in the Annual Comprehensive Financial Report (ACFR). For the first time, the ACFR has also been summarized into a plain-language report intelligible to lawmakers, the media and the general public, thanks to a law drafted by the New Jersey Society of CPAs. The law is critically important because it promotes a better understanding of the state’s complete…

Written By: Chris Regan Founder CLR Solutions LLC What If Your Old Smartphone Was A Goldmine? Not just figuratively-but literally. Inside that outdated laptop, broken TV, or discarded smartphone are tiny amounts of rare earth elements (REEs), the essential metals powering our modern world. But with demand skyrocketing and mining causing environmental havoc, how do we reclaim these hidden treasures? The answer lies in recycling-a process that could reshape the future of technology and sustainability. Understanding Rare Earth Elements and Their Value Rare earth elements (REEs) are a group of 17 chemically similar metals, including neodymium, europium, and lanthanum. Despite…

Written By: Chris Regan Founder CLR Solutions LLC What Is a Circular Economy? A circular economy is an economic system designed to minimize waste and maximize resources by creating closed-loop cycles where products, materials, and resources are reused, repaired, remanufactured, or recycled instead of being discarded. In practice, this means reducing waste to a minimum. When a product reaches the end of its life, its materials are recycled, repurposed, and given new forms-allowing them to circulate within the economy for as long as possible. This stands in stark contrast to the traditional linear model, which follows a “take, make, consume, dispose” approach.…

Written By: Kelly L. McNaughton Adam Busler Fox Rothschild   The New Jersey Department of Labor and Workforce Development (DOL) announced proposed regulations that purportedly clarify the so-called “ABC test” for determining whether workers should be classified as employees or independent contractors in New Jersey. These regulations reflect the DOL’s interpretation of a compilation of caselaw from the New Jersey Supreme Court, including Carpet Remnant Warehouse, Inc. v. New Jersey Department of Labor and East Bay Drywall, LLC v. Dept of Labor and Workforce Development. The proposed regulations interpret N.J.S.A. which sets forth the three-pronged ABC test. Under the ABC test, the putative employer bears…