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…

Small businesses are the backbone of our country’s economy and their sudden struggle right now is unprecedented. Larger enterprises and organizations are rallying together to help small businesses continue forward throughout this pandemic. Applying for…

The IRS is updating its policies and procedures in the wake of the COVID-19 pandemic to protect taxpayers, communities, and IRS employees and partners. They are still continuing to process tax returns, issue refunds and…

The recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act provides individuals and businesses significant financial relief from the financial strain caused by the coronavirus epidemic. Here is a snapshot of the unemployment benefits…

This is a stressful time for most business owners across the nation.  It can feel like your business is in a stand-still not being able to be completely open. Whether you are operating remotely, have…

There is a lot of information circulated each and every day on the COVID-19 pandemic and legislative changes. For a short-and-sweet recap on what you need to know regarding your taxes, we present the following…

On April 1, 2020, New Jersey Governor Murphy, Senate President Sweeney, and Assembly Speaker Coughlin finally announced that the New Jersey state income tax filing deadline and corporation business tax filing deadline will be extended…