Northfield NJ CPA – Tax, Accounting & Consulting Services (609) 641-4000 |
Thanks to a new law, the working papers process will be online and streamlined. Rather than going through local schools, younger workers will simply visit this site and be walked through a few easy steps.
MORE INFORMATION FOR YOUNG WORKERS: https://nj.gov/labor/youngworkers
I’d like to start off this article by addressing a few of the conditions we as employees, owners, and citizens are experiencing in our daily lives and our employment situations, and how that relates to this article and the article published in our last newsletter. As...
The Coronavirus Aid, Relief and Economic Security (CARES) Act contains provisions that make it easier to withdraw funds in certain tax-advantaged retirement accounts like 401(k)s and traditional Individual Retirement Accounts (IRAs). These temporary changes eliminate...
You’ve done it! You navigated the application for a loan under the Payroll Protection Program (PPP), you’ve gotten your loan and are even well along the way to substantiating that all or a portion can be forgiven. All is right with the world, so it seems. Perhaps not...
Among the many far-reaching effects of the pandemic is the immediate effect it is having on financial statements and the way accountants need to audit them. The AICPA recently issued two Special Reports about these matters to help management and their accountants...
Due to the COVID-19 pandemic, the IRS was unable to mail some previously printed balance due notices as a result of office closures. As IRS operations continue to reopen, these notices will be delivered to taxpayers in the next few weeks. Some of the notices may...
As many businesses have been affected negatively across the nation due to the effects of the Coronavirus, there are a number of payroll tax benefits resulting from the CARES Act that have become available to help employers during this difficult time. One option for...