Category: Laws

Understand the Updated Child Tax Credit

Have kids? Like an extra $300 a month to plan for their future? No, this isn’t some sort of late night infomercial, I’m talking about the updates to the child tax credit as a result of the American Rescue plan back in March. If this one slipped past you, don’t

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The NJ Business Guide to COVID Restrictions

More and more people are getting vaccinated, infection numbers are down, and the state has begun to open up in many ways it had closed down in response to COVID. In this post I’m going to discuss the new relaxed COVID restrictions business owners need to know about. Indoor dining,

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What is the NJ Secure Choice Savings Program?

The NJ Secure Choice Savings Program is a new law that will require most employers to provide their employees with a retirement plan. This bill was signed into law by Governor Murphy in 2019, and although it was scheduled to begin in March of 2021, the ongoing COVID crisis has

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Prepare For Fourth Round NJEDA Grants

The New Jersey Economic Development Authority (NJEDA) has introduced the fourth round NJEDA grants. The authority wants to make sure businesses suffering the economic strain of COVID receive as much relief as possible. In response to Governor Murphy’s declaration of a public health emergency that began in March 2020 and

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How Likely Is a Fourth Stimulus Check?

It seems like only yesterday that many millions of Americans received the greatly anticipated $1,400 stimulus check. Even with that being the case, there are already conversations occurring on Capitol Hill about the need for more direct stimulus to Americans. Is it going to be another $1,400? Will it take

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EIDL Updates are more Generous and Forgiving

There is new information for business owners regarding the Economic Injury Disaster Loan program. This program has increased the amount that borrowers can receive, as well as relaxed the restrictions on when they’ll be required to pay it back. To be clear, this is not “free money” as some of

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A Good Understanding of the Restaurants Act

Within the new stimulus bill was provision known as the RESTAURANTS ACT. This has created the 28.6 billion dollar Restaurant Relief Fund (RRF) with the intention of helping restaurants weather the economic storm and make it through to the other side. If you’re a restaurateur who has been watching the

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COVID Sick Pay and Medical Leave in 2021

One of the biggest COVID concerns for employees and employers alike has been how to deal with the intersection of COVID and business. Everyone wants to be safe, but we also need to figure out how to do that without completely giving up on work. Extensions, expansions, and changes to

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