NJBIA - New Jersey Business & Industry Association
New Jersey Business & Industry Association
The New Jersey Economic Development Authority (NJEDA) today announced the Business Consulting for COVID-19 Recovery Program, a free consulting program to help small businesses in NJ Opportunity Zones address the challenges they are facing as a result of the COVID-19 pandemic and prepare for a strong long-term recovery. The program is open to all businesses […]
The Treasury Department and the Internal Revenue Service today released the last set of final regulations PDF implementing the 100% additional first year depreciation deduction that allows businesses to write off the cost of most depreciable business assets in the year they are placed in service by the business. The 100% additional first year depreciation deduction was created […]
Total construction starts fell 7% in July to a seasonally adjusted annual rate of $631.6 billion, according to Dodge Data & Analytics. The decline was due to a significant pullback in the nonbuilding segment, which fell 31% from June to July. Nonresidential building starts rose 3% while residential building starts increased 2%. Year-to-date through seven […]
Many top concerns, including the cost of health insurance, labor, and taxes, remain constant despite economic conditions, according to the 2020 NFIB Problems and Priorities Survey. The data, collected just prior to the COVID-19 health and economic crisis, reflects owners’ views four years into one of the largest U.S. economic expansions. “Although the government shutdowns and […]
The Federal Reserve Board on Friday modified the Main Street Lending Program to provide greater access to credit for nonprofit organizations such as educational institutions, hospitals, and social service organizations. As detailed in term sheets released today, the Board approved two new loan options to provide support to a broad set of nonprofit organizations that […]
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New Jersey Business & Industry Association
10 West Lafayette Street Trenton, NJ 08608-2002
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