On September 29, 2022, the IRS issued news release 2022-168 regarding Hurricane Ian. This release extends all tax return filing and tax payment deadlines starting on September 22, 2022 for individuals and business located in any area designated by the Federal Emergency Management Agency (FEMA), until February 15, 2023. As of this date, all counties Read More…
On March 11, 2021, President Biden signed into law the controversial and long-awaited ARPA, 2021 legislation. The legislation will provide a third round of stimulus checks, to qualifying individuals and families, among other tax benefits. To summarize the impact of the legislation, which provides for $1.9 trillion of relief, the following categories will provide benefits Read More…
On January 7, 2021, Governor Phil Murphy signed the New Jersey Economic Recovery Act of 2020. The law provides for the administration of programs and policies related to jobs, property development, food deserts, community partnerships, small and early-stage businesses, among others. In an effort to bolster development, the Economic Recovery Act creates, among other things, Read More…
Governor Phil Murphy announced on October 12th that $112 million in aid, that the State of New Jersey received from CARES Act money, is being made available to provide grants to small businesses and help support struggling individuals with rental and mortgage assistance payments. $70 million of the funds will be distributed by the State’s Read More…
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