Late on March 25, 2020 the Senate passed the Coronavirus Aid Relief and Economic Security Act (CARES Act). The CARES Act is a stimulus bill featuring over $2 trillion in measures designed to make a…

While you may have heard about the available SBA Economic Injury Disaster Loans (ELDI), other resources are becoming available for small businesses facing hardships due to the COVID-19 pandemic and precautions. The following may be…

Alloy Silverstein presents a guide for small businesses experiencing hardship and losses during COVID-19. Now that New Jersey is a declared disaster state, this Small Business Administration (SBA) financing is available to New Jersey small…

When the IRS confirmed the deferral of the April 15, 2020 tax deadline to July 15, 2020, many questions arose. Is it for businesses or individuals? What about the self-employed, trusts, IRA contributions or payroll…

We’re Here for You On March 18, 2020, President Trump signed the Families First Coronavirus Response Act (FFCRA) into law. The Act provides taxpayers a range of benefits including paid sick leave, expanded family and…

With the nation in fear and panic over COVID-19, individuals are more susceptible to fraud and theft. Fraudsters know customers may be extra vulnerable during these times, so they are getting creative. Protect yourself by…

We’re Here for You It’s official. On Friday, March 20, 2020, Treasury Secretary Mnuchin announced that the April 15 tax filing deadline is in fact being postponed to July 15, 2020. The filing deadline extension…

As you may know by now, the deadline to pay your tax bill is officially moved from the April 15th tax deadline to July 15th, per U.S. Treasury Secretary Steven Mnuchin. This announcement was made…