NJEDA Emergency Assistance Resources

Details about NJ Economic Development Authority (NJEDA) Emergency Assistance Resources NJEDA Small Business Emergency Assistance GRANT Program Provides up to $5,000 for payroll and working capital support calculated at $1,000 per full-time equivalent employee (FTE) as reported on form WR-30. 2. NJEDA Small Business Emergency Assistance LOAN Program It provides up to $100,000 to businesses facing…

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Small Business Loan Information

As of March 27, the Senate and House have passed the CARES Act and it was signed by the President.  There will be additional details issued in regulations and guidance over the coming weeks. There are multiple Small Business Administration (SBA) loan options available for employers. There has been a lot of confusion about not being eligible…

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Update on Tax Deadlines

On March 20, the IRS released a notice providing guidance for taxpayers with respect to the extension of time to file tax returns and to make certain tax payments. The details are as follows: The due date for filing federal income tax returns and making federal income tax payments due April 15, 2020, is automatically…

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Paid Leave for Employers & Employees

Details about Paid Leave for Employers and Employees Employers’ obligations begin on April 2, 2020. There are different paid leave types because of COVID-19.  Payments are based on the reasons that the employees are unable to work. The mandatory paid leave amount varies based on the type of paid leave taken and based on the reason…

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Important Guidance

COVID-19, Federal Tax Filing Deadlines and Office Hours Federal Tax Filing Deadline Extended to July 15 Treasury Secretary Mnuchin announced today that the U.S. tax filing deadline will be extended to July 15.  We will continue to work on your tax returns from our homes to provide you with the quality and timely service you…

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Putting Dental Patients at Ease About COVID-19

We know that many of you are fielding questions from patients and staff about the 2019 Novel Coronavirus (COVID-19). What follows are some tips that may help you put your team and patients at ease. Your team may need to reassure some patients about coming to your practice by: Emphasizing the sterilization and cleaning protocols…

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LB Goodman & Co.