With the end of the 2020 filing season upon us, now is the time to become aware of major changes for 2021. But be prepared, politicians are making noise in preparation for another fun-filled year…

It’s hard to believe a little over a year ago the COVID 19 pandemic hit everyone. As things slowly turn back to normal, you need to be ready for the normalizing of the tax rules…

Last month, the American Rescue Plan Act designated $28.6 billion for restaurants and other food and beverage businesses as we work to recover from the COVID-19 pandemic. Just this week the SBA released the final…

While many businesses struggled through the pandemic, none more so than the restaurant industry. In an effort to aid these businesses, the Consolidated Appropriations Act introduced a 100% business meal deduction, formerly 50%. However, many…

The past year has had record-low interest rates. However, when you’re thinking of refinancing your home mortgage, simply comparing interest rates is not enough. Here are some other factors to consider before you refinance. Compare…

Each year standard mileage rates for business travel, medical driving, moving mileage and mileage rates for charitable driving are set by the IRS. Current Mileage Rates Mileage Type 2020 2021 Business miles 57.5¢ per mile…

Thanks to recent legislation, the whirlwind of tax changes just keeps going. Now if you have children 17 or under there is a new, higher child tax credit in place for 2021. Here is what…

NJEDA Small Business Emergency Assistance Grant Program: Phase 4 $85 Million The Small Business Emergency Assistance Grant Program is back for Phase 4 with $85 million in grant money. This funding will support small and…