Tax Preparation & Planning Services
NJ State Tax Alert: Filing Deadlines Extended
Governor Phil Murphy, Senate President Steve Sweeney, and Assembly Speaker Craig Coughlin, issued a joint statement on April 1, 2020, extending the state income tax filing deadline and the corporation…
Navigating Through Business Interruption
Business owners in our region have proven to be resilient over the years, especially when disaster strikes or other challenging circumstances arise. Some business owners obtain business income insurance coverage…
Force Majeure Considerations Relating to COVID-19
While business owners attempt to find creative ways to protect their assets and operate during the Coronavirus (COVID-19) pandemic, one term that keeps creeping into conversation as it relates to…
Small Business Forgivable Loan Program Under the CARES Act & Other Relief
The Senate and House have passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act which is a stimulus package for the nation and includes several important opportunities for small…
An Overview on the CARES Act & What It Means For Businesses
The Coronavirus Aid, Relief and Economic Security (CARES) Act (the “Act”), a $2 trillion stimulus package, has officially been signed into law. The bipartisan deal allocates $2 trillion in an effort…
An Overview on the CARES Act & What It Means For Individuals
The Coronavirus Aid, Relief and Economic Security (CARES) Act (the “Act”), a $2 trillion stimulus package, has officially been signed into law. The bipartisan deal allocates $2 trillion in an effort…
Tax Notice 2020-18: What You Need to Know
This week in Notice 2020-18, the Treasury Department and the Internal Revenue Service (IRS) announced special federal income tax return filing and payment relief in response to the ongoing Coronavirus…
Coronavirus Resource Guide for Business Owners
There is an ever-evolving flood of information being made available in response to the COVID-19 pandemic – what it means for businesses, owners and employees, federal and state guidance, clarity…
Tax Watch: How the IRS W-4 Changes Will Affect Employees & Employers
The IRS has completely changed income tax withholding with the release of a new W-4 form for 2020. There are differing opinions on whether this is a good thing or…
Cryptocurrency or Cryptonite?
In 2014, the Internal Revenue Service (IRS) issued limited guidance on cryptocurrency, which led to more questions than answers. As the use of digital currency has become more widespread in…