Although we are now working remotely, Capaldi Reynolds & Pelosi is still here to serve you. We have compiled links that we hope will be helpful to you as you navigate the COVID-19 crisis. If you have any questions or concerns, please contact us.
FEDERAL INCOME TAX RETURN FILING AND PAYMENT RELIEF
In Notice 2020-18 (PDF), 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 Disease 2019 (COVID-19) emergency. Below are answers to frequently asked questions related to the relief provided in the Notice. These questions and answers will be updated periodically and are designed to be a flexible tool to communicate information to taxpayers and tax professionals in this changing environment. The answers to these questions provide responses to general inquiries and are not citable as legal authority. Accordingly, the Treasury Department and the IRS are continuing to consider additional IRB guidance on these issues addressed in these FAQs.
https://www.irs.gov/newsroom/filing-and-payment-deadlines-questions-and-answers
NEW JERSEY EXTENSION AND DUE DATE INFORMATION
https://www.state.nj.us/treasury/taxation/
FOR BUSINESSES
From the SBA – Coronavirus (COVID-19) Small Business Guidance & Loan Resources: Includes information on Coronavirus funding options and guidance for businesses and employers.
Economic Injury Disaster Loan Program Application
From the US Department of Labor: Coronavirus Resources, including guidance on workplace safety, wages, hours and leave, unemployment insurance, and more
From the IRS: Coronavirus Tax Relief and Economic Impact Payments
From the US Chamber of Commerce – Coronavirus Small Business Survival Guide: All Our Content in One Place. Here is a complete listing of all US Chamber coronavirus resources for small businesses.
Guide to the Employee Retention Tax Credit
COVID-19 Emergency Loans (PPP): Small Business Guide
Guidance for Employers: to Plan and Respond to Coronavirus (COVID-19): Guidance to help employers plan in the event that employees become ill, as well as additional information.
CDC Guidance for Businesses and Employers to Plan and Respond to COVID-19
Coronavirus (COVID-19) Workplace Tips for Employees: General health and safety information from the Centers for Disease Control (CDC) with regard to COVID-19.
COVID-19/Novel Coronavirus Information for New Jersey Businesses: Information on economic assistance for businesses at the state level.
Atlantic County Economic Alliance: Coronavirus Information and Assistance for Businesses
FOR FAMILIES AND INDIVIDUALS
Center for Disease Control (CDC): COVID-19 Information
From the US Department of Labor: Paid Leave under the Families First Coronavirus Response Act and Guidance regarding Unemployment Insurance Relief during the COVID-19 Outbreak
From the IRS: Coronavirus Tax Relief and Economic Impact Payments
New Jersey COVID-19 Information Hub
New Jersey Department of Labor & Workforce Development Division of Unemployment Insurance
FAQ answered for New Jersey Residents
New Jersey Office of the Governor: Latest Updates on COVID-19 (YouTube)