NJBIA News & Opinion

Because of the burdens the COVID-19 pandemic has placed on taxpayers claiming the rehabilitation credit, the Internal Revenue Service today issued Notice 2020-58 (PDF) that provides additional relief to taxpayers in satisfying the substantial rehabilitation test. Projects must satisfy the “substantial rehabilitation test” within a 24- or 60-month period for determining whether the rehabilitation work is sufficient […]

NJBIA President and CEO Michele Siekerka issued the following statement regarding Thursday’s Senate Fiscal Recovery Strategists Committee held in Trenton. The discussion revolved around the challenges faced by health and fitness clubs in returning to business. “NJBIA thanks Chairman Sarlo and the members of the committee for conducting Thursday’s public hearing on the impacts of […]

A Gartner, Inc. survey of 253 HR leaders reveals that 63% of respondents report already using some variation of agile methods and principles within the HR function. In fact, most HR leaders report their organizations are experiencing a large agile transformation broadly as a tool for improving organizational outcomes. “While there is a growing consensus […]