CARES Act

October 20

Governor Vetoes Bill to Provide $30 Million to Restaurants Burned by Reversal of July 2 Reopening Decision

Gov. Phil Murphy has vetoed legislation that would have appropriated $30 million in federal CARES Ac ...

August 12

Applying for Loan Forgiveness under the Paycheck Protection Program

More than 127,000 New Jersey businesses have received Paycheck Protection Program loans to keep thei ...

June 22

Paycheck Protection Program Recipients to be Made Public

The U.S. Small Business Administration and the U.S. Department of the Treasury have agreed with the ...

June 22

Tax Relief for Taking Money from Retirement Plans to Cope with COVID-19

The Internal Revenue Service today released Notice 2020-50 (PDF) to help retirement plan participant ...

June 18

Healthcare Spending Rule Changes in the CARES Act

The Internal Revenue Service has advised that new rules under the CARES Act provide flexibility for ...

June 17

Treasury Unveils EZ Version of PPP Loan Forgiveness Application

Today, the U.S. Small Business Administration (SBA), in consultation with the Department of the Trea ...

June 16

Another Problem for PPP Loan Forgiveness: Accounting for It

The Paycheck Protection Program (PPP) was seen as a lifeline for business when it was created back i ...