At the end of March, the treasury department shifted the due date for 2019 tax returns by 90 days until July 15, 2020. The extensions are automatic and taxpayers do not need to file additional…

COVID-19 uncertainty abounds. By monitoring tax changes on your behalf, we can work together to navigate the right path for you and your family. Here is a round-up of some of the new personal tax-related…

What the IRS is Up To – Summer 2020 E-filing for amended returns Normally, amended returns must be submitted to the IRS on paper. The agency will allow taxpayers to amend their 2019 return electronically…

The CARES Act comes with some unexpected benefits for small and large businesses alike. This includes tax credits around paid sick leave, paid family leave, and employee retention as well as the deferral of some…

Alloy Silverstein has provided a post-pandemic reopening checklist to help you begin resuming business in the new normal. Government Ordinances Begin by following government ordinances, only open if your state has been approved to do…

The Small Business Administration and Department of Treasury have posted a new, revised version of the Paycheck Protection Program(PPP) forgiveness application that reflects the changes of the PPP Flexibility Act.  In addition, a new, borrower-friendly…

The SBA’s Economic Injury Disaster Loan has been closed since May 4, 2020, to allow agriculture businesses to apply for relief. On June 15, 2020, the portal has been reopened for eligible applicants to apply…

Former governor of New Jersey, Chris Christie, and his wife, Mary Pat, have initiated the New Jersey 30 Day Fund Program to help small business owners survive the COVID-19 pandemic. The fund’s goal is to…