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ANCHOR benefit application is due on December 29, 2023!

The deadline for filing your ANCHOR benefit application is December 29, 2023. NJ will begin paying ANCHOR benefits January 2, 2024. ANCHOR payments will be paid on a rolling basis. Homeowners who filed a Homestead Benefit application last year may be able to obtain...

SECURE Act 2.0 – Key Tax and Retirement provisions

On December 29, 2022, the Consolidated Appropriations Act of 2023 (HR 2617) was signed into law. The Act includes important provisions affecting retirement savings plans which are intended to build upon the 2019 SECURE Act. These provisions, collectively referred to...

$908 Billion Stimulus Package

After a week delay, President Trump signed the $908 billion stimulus package into law on December 27th, 2020. Here is a summary of the new economic relief law:  Second Stimulus Check  The new law will send a second stimulus check, up to $600, to each eligible adult...

CARES ACT “LOAN” Programs

CARES ACT “LOAN” Programs The Cares Act has three main “Loan” programs that are designed to convert to grants. Note – There are other programs, but most of our clients are not eligible mainly due to size. Paycheck Protection Program • Overview – This is a hybrid/loan...

How to apply for SBA disaster loans

The coronavirus pandamic has hit small businesses hard.  As a response to these disaster declarations, the US Small Business Administration is offering low-interest federal disaster loans to small businesses and non-profit organizations in designated areas of a state...