As stimulus checks related to the coronavirus pandemic begin to arrive this week, the New Jersey Society of Certified Public Accountants (NJCPA) informs taxpayers who are eligible to receive the Economic Impact Payment that there…

On April 14, 2020, the SBA released a new interim final rule on the Paycheck Protection Program (PPP) and updated their Program FAQs. Among the new guidance is clarification for Schedule C filers and partners…

The IRS has begun disbursing the Economic Income Payments (or Recovery Rebate checks) this week. No action is needed by taxpayers who filed tax returns in 2018 and 2019 or by most seniors and retirees….

On April 1, Governor Murphy announced the intention to extend the state’s tax deadline from April 15 to July 15. As of Monday, April 13, the state legislature voted to approve the extension and, with…

In the midst of the COVID-19 pandemic, the federal government as well as New Jersey Governor, Phil Murphy, have taken action to aid those paying off student loan debt.  For those struggling financially as a…

The IRS has begun the process to distribute the Economic Impact Payments (also known as the Recovery Rebate or stimulus checks). Below are answers to your commonly asked questions.   How much is the Economic…

As you know, the April 15 deadline for 2019 federal individual, c-corporations, self-employment tax returns and first quarter estimated payments has been deferred 90 days until July 15, 2020. Yesterday the IRS released guidance that…

As part of the seven initiatives announced by the NJEDA last month, the application period for the NJ Small Business Emergency Assistance Loan Program begins this Monday, April 13, 2020. Keep in mind that, like…