PPP Changes Coming for Borrowers: What You Need to Know   [Update: President Trump signed the Paycheck Protection Flexibility Act into law as of June 5, 2020.] Last night, the U.S. Senate approved the Paycheck…

Looking For a CPA? Here are some tips. The first step to finding the perfect CPA for you is figuring out the type of tax and/or accounting services you will need.  Once you know this…

One of the biggest tax benefits available today is the exclusion of gains when you sell your qualified home. The spring real estate market continues to be in demand despite the COVID-19 national shutdown. Here…

The initial loan forgiveness application is now available. It’s now time to build your case to ask for loan forgiveness if your business received a loan from the Small Business Administration (SBA) Payroll Protection Program…

Don’t Mistake Your IRS Economic Impact Payment for Junk Mail. For the past six weeks, the IRS has been distributing Economic Impact Payments (aka stimulus checks) as part of the CARES Act. While many taxpayers…

[Updated June 5, 2020.] The NJEDA Has Announced Phase 2 of The Small Business Emergency Assistance Grant Program The New Jersey Economic Development Authority (NJEDA) has announced a second wave of small business funding. The second round…

Late on Friday, May 15, the SBA and U.S. Treasury jointly released the loan forgiveness application for Paycheck Protection Program (PPP) borrowers. The 11-page document provides guidance on payroll periods, interpretation of eligible expenses, and…

While the COVID-19 pandemic is having a devastating impact on the nation’s economy, there are opportunities to use this time to take stock of your current financial situation and establish habits that will put you…