September 29, 2022
The New Jersey Economic Development Authority (NJRDA) has approved changes to the Main Street Micro Business Loan Program. These changes include the removal of the requirement for personal guarantees from owners of micro businesses. The…
Read More...February 11, 2022
As part of the New Jersey Economic Recovery Act of 2020 (NJERA), $15 million has been set aside to reimburse NJ small businesses for costs associated with making building improvements or purchasing new equipment. Applications…
Read More...January 21, 2022
As of January 2022, several new laws have been passed in the state of New Jersey that could impact the tax planning for your business or non-profit. Revised NJ Business Alternative Income Tax Act (BAIT)…
Read More...March 26, 2020
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…
Read More...June 10, 2019
Each year, employees steal about $40 billion from American businesses. Unfortunately, nonprofit organizations are among these businesses. To avoid internal theft, put these basic control and accounting procedures into effect. 1. Financial monitoring system. Prepare…
Read More...October 23, 2018
Tax reform’s sweeping changes not only impact individuals and for-profit businesses in 2018, but also includes changes that non-profits need to be aware of. Provisions within the Tax Cuts and Jobs Act (TCJA) will affect charitable giving and…
Read More...July 25, 2018
While giving gifts to charity is usually a reward on its own, donors could often also expect to get a tax deduction. Because of recent tax law changes, that may not be the case this…
Read More...January 04, 2017
For nonprofits with a December 31 year-end, annual returns are due in mid-May (for 2017, the date is Monday, May 15, to be exact). It’s crucial to know that if you miss this due date…
Read More...
