On December 27, 2020 the Consolidated Appropriations Act 2021 was signed into law. One of the main elements of this legislation is $284 billion allocated for a revived Paycheck Protection Program (PPP) aimed to help small businesses as the…

President Trump has signed the Consolidated Appropriations Act, 2021 which includes $900 billion of funding. This new bill will provide more stimulus money to individuals, additional PPP loan money for small businesses, funding towards the…

Tax-Free Qualified Disaster Relief Payments Internal Revenue Code Section 139 specifies that any amount received by an individual as a qualified disaster relief payment is not included in gross income.  This means that if your…

Some students have a reprieve on paying their student loans this year. That’s a result of the CARES act, an Executive Order by President Trump, and for New Jersey residents, the New Jersey College Loans…

With all the attention on the Paycheck Protection Program, you may not have heard of these sections of pandemic relief laws that are valuable to small businesses and can be applied retroactively. Net operating losses….

New Jersey Governor, Phil Murphy, has announced a new rent relief grant opportunity, The Small Business Lease – Emergency Assistance Grant Program (SBL-EAGP). Through this grant, small business owners in 64 municipalities will be able…

Money is one of the biggest stressors in many American’s lives. A 2017 AICPA survey found that 56% of Americans said debt negatively affected their lives, 39% said the debt made them feel anxious, and…