NJSBDC Network4 days ago5 min1/11/21 UPDATE: Federal Financial Program to Help Your BusinessSOURCE: Business.NJ.gov / SBA.gov The U.S. Senate Committee on Small Business and Entrepreneurship has prepared a Small Business Owner’s...
NJSBDC Network4 days ago2 minPaycheck Protection Program (PPP) Applications Reopening!SOURCE: SBA.gov The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced Friday, January 8, ...
NJSBDC NetworkDec 21, 20202 minCOVID Tax Tip: New Things Taxpayers Should Consider to Get Ready to File Taxes in 2021SOURCE: IRS.gov When people get ready to file their federal tax return there are new things to consider when it comes to which credits to...
NJSBDC NetworkNov 30, 20202 minIRS COVID Tax Tip 2020-162: Get Ready to File Taxes - What To Do Before the Tax Year EndsThere are things taxpayers can do before the end of the year to help them get ready for the 2021 tax filing season. Below are a few of them
NJSBDC NetworkNov 12, 20203 minUpdated Information on PPP Loan ForgivenessSOURCE: SBA.gov Borrowers may be eligible for loan forgiveness if the funds were used for eligible payroll costs, payments on business mo...
NJSBDC NetworkOct 9, 20202 minSBA and Treasury Announce Simpler PPP Forgiveness for Loans of $50,000 or Less The U.S. Small Business Administration, in consultation with the Treasury Department, today released a simpler loan forgiveness application
NJSBDC NetworkOct 5, 20202 minUPDATE 10/5/2020: Business Owner Benefits or Unemployment InsuranceBenefits or Unemployment Insurance, including Pandemic Unemployment Assistance (PUA), Available to the Business Owner
NJSBDC NetworkSep 21, 20203 minIRS: eNews for Small Businesses (Issue 2020-16)Issue Number: 2020-16 Inside This Issue 1. Important things all extension filers should remember 2. IRS expands tax help into more langua
NJSBDC NetworkAug 24, 20202 minUPDATE: Economic Injury Disaster Loans (EIDL) The Small Business Administration’s (SBA’s) Economic Injury Disaster Loan program is part of the nation’s response to the Coronavirus 2019
NJSBDC NetworkAug 17, 202010 minCOVID-19-Related Tax Credits: General Information FAQsGeneral information on COVID-19 related tax credits for small businesses from the Internal Revenue Service (IRS).
NJSBDC NetworkAug 17, 20205 minIRS REMINDER: New Credits Fund Employers for Coronavirus-Related Paid LeaveThe Families First Coronavirus Response Act provides tax credits to reimburse employers for the costs of providing paid sick leave and paid
NJSBDC NetworkAug 2, 20203 minIRS eNews for Small Business: Issue 13IRS eNews for Small Business Issue 13 includes (1) Temporary suspension of limits on charitable contributions (2) Temporary increase in
NJSBDC NetworkJul 20, 20202 minIRS Tax Tip 2020:18 - What to Do If You Missed the July 15 Tax Deadline to File and PayWhile the federal income tax-filing deadline has passed for most people, some taxpayers haven’t filed their 2019 tax returns yet. If a taxpa
NJSBDC NetworkJul 13, 20202 minCOVID Tax Tip 2020-84: Have an installment agreement or payment plan? Payments should resume 7/15The IRS reminds taxpayers who received tax relief as part of the People First Initiative and didn’t make previously owed tax payments betwee
NJSBDC NetworkJul 6, 20201 minIRS Tax Tip: How to report non-employee compensation and backup withholdingThere is a new Form 1099-NEC, Nonemployee Compensation for business taxpayers who pay or receive nonemployee compensation.
NJSBDC NetworkJun 29, 20203 minREMINDER: Schedule and electronically pay federal taxes due by July 15A variety of tax-filing and payment deadlines falling on or after April 1, 2020, and before July 15, 2020, are postponed until July 15, 202
NJSBDC NetworkJun 29, 20202 minSBA Tool for Small Businesses to Connect with CDFIs, Small Asset Lenders Participating in PPPThe SBA announced the launch of a dedicated online tool for small businesses and non-profits to be matched with CDFIs, MDIs, CDCs, Farm Cred
NJSBDC NetworkJun 22, 20201 minUPDATE: SBA's Economic Injury Disaster Loans & Advance (EIDL) Applications OpenNotice: Now Accepting New Applications for Economic Injury Disaster Loans and Advance: On June 15, SBA began accepting new Economic Injury
NJSBDC NetworkJun 17, 20201 minCOVID Tax Tip: An Extension to File is not an Extension to Pay Taxes For most taxpayers the filing and payment deadline was postponed July 15. Those who need more time to file beyond the postponed date, can
NJSBDC NetworkJun 16, 20201 minNational Guidelines Available for Reopening Your BusinessBusinesses are advised to follow CDC business guidance and OSHA workplace guidance, in addition to the required State directives, regarding