Supreme Court Ruling On Biden’s Vaccine Mandate
It’s been a chaotic, topsy-turvy couple of years for NJ business owners as well as business owners across the nation. One of the biggest recent concerns for the business community was the Biden administration’s announcement of a vaccine mandate back in September of 2020. As was to be expected, this executive order made its way […]
Increased Child Tax Credit Might Cost You in 2022
There’s no such thing as a free lunch, and nowhere is this truer than at the IRS. Earlier in the year, I wrote an article about understanding the increases to the child tax credit as part of the American Rescue Plan. It appears that for some Americans and New Jerseyans, it was too good to […]
NJ Minimum Wage Increase Starts Jan. 1st
Business owners in the Garden State need to be aware that the minimum wage for many jobs will be increasing starting on January 1st. Most NJ workers getting paid minimum wage will see a full dollar increase in their hourly pay. This isn’t exactly breaking news, as this increase was signed into law by Gov. […]
The Latest News About Biden Vaccine Mandate
There has been confusion surrounding the Biden administration’s vaccine mandate since the President first announced it in early September of this year. We discussed this in a blog post immediately after it was announced. Sadly, but not surprisingly, the information we provided in September might as well be ancient history, as plenty has occurred in […]
Infrastructure Bill Brings ERC to a Close
With President Biden’s Signing of the Infrastructure Investment and Jobs Act (IIJA) on Nov. 15, employers’ ability to claim employee retention credits (ERC) for eligible wages paid after Sept. 30, 2021, has been retroactively eliminated. In the simplest terms, this means that employers will no longer be able to claim the tax credits they had […]
Murphy Asks Struggling Businesses to Pay More
It’s no secret that the last couple of fiscal years have been amongst the most challenging for businesses in living memory. COVID-related restrictions, staffing difficulties, supply chain issues, it hasn’t been easy for anyone responsible for keeping a business fiscally solvent or even viable. That is not to say that the government hasn’t given help. […]
Recent Updates About NJ Childcare Grants
We’ve been keeping our eyes open for any developments in the unfolding process, and there are some recent developments. As we first announced back in October and followed up on last week, childcare providers and their employees can now take some steps to get closer to receiving those grants soon to be made available by […]
How NJ Childcare Should Prepare for Grants
While the recent news from the Governor’s office that there would be grants available for childcare centers, particularly bonuses for workers, was exciting, there’s some work to do. Employees and employers will have to team up to file the proper paperwork to ensure that they get the money from the state that they’re entitled to. […]
NJ is a Great State for Business
New Jersey is often panned as a state that’s unfriendly to business, but this is misleading in many ways. Ideally located with access to all types of transportation infrastructure, a highly educated workforce, and population density all make NJ a great place to do business. It’s not uncommon and not unreasonable to hear various voices […]
Don’t Miss Out on Opportunity Zone Profits
While reading the news and trying to find useful information to the Monmouth and Ocean County business community, occasionally, there will be a term that keeps popping up. Recently that term has been opportunity zones, and I’m going to take the time today to explain what these zones are, where these zones are, and why […]