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$15M added to NJ Grant Helping Small Businesses

Small businesses still waiting for state assistance may have a better chance at relief after Gov. Phil Murphy said his administration will offer another $15 million in grants. Murphy announced the third…

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IRS Unveils “Dirty Dozen” List of Tax Scams for 2020

The Internal Revenue Service announced its annual “Dirty Dozen” list of tax scams with a special emphasis on aggressive and evolving schemes related to coronavirus tax relief, including Economic Impact…

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IRS Issues Final Regulations on Business Interest Expense Deduction Limitation

The Internal Revenue Service issued final regulations (PDF) regarding the provision of the Tax Cuts and Jobs Act that limits the deduction for business interest expense, including basic statutory amendments…

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