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Middle Class Tax Rebate
The New Jersey Treasury Division of Taxation began mailing Middle Class Tax Rebates to eligible New Jersey residents on July 2. Checks are mailed to residents filing a 2020 Income Tax return (NJ-1040) claiming at least one dependent...
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NJ Announces Plan to Follow Federal Government's Lead to Enhance the Benefits of PPP Loans
Governor Murphy, Treasurer Muoio Announce Plan to Follow Federal Government's Lead to Enhance the Benefits of Paycheck Protection Program LoansFor 2020 Tax Season, PPP Loans Will Be Tax Exempt and Expenses Will Be Tax Deductible...
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How to Submit Your Tax Documents
As we all continue to deal with the changes COVID has brought to everyday life, we understand that you likely do not want to take on the unnecessary risk of having an in-person tax appointment. That’s why we would like to share...
Read MoreFederal Stimulus Bill Highlights
PPP: Loans are Tax-Free and Forgiven Expenses are Now Deductible The new bill clarifies that deductions are allowed for expenses covered by PPP loans that are or will be forgiven. This overrides the previous interpretation issued by...
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