N.J. billionaires earn spots on Forbes’ annual list, led by hedge fund guru
John Overdeck, who is worth $5.1 billion, is the wealthiest person in New Jersey, according to Forbes' 2020 ranking of the world's billionaires.
It turns out, however, the affluent are not immune to COVID-19.
When the...
Murphy adds another $60M to Small Business Emergency Assistance Grant Program
Gov. Phil Murphy announced an additional $60 million in CARES Act money will be used for grants for Phase 3 of the state’s Small Business Emergency Assistance Grant Program.
With the increased money, Phase 3...
Next federal stimulus likely to have individual checks (of $600), PPP for small businesses,...
Congressional leaders in Washington appear to be closing in on an end-of-year stimulus package.
Granted, we’ve heard that before. But, with the clock ticking not only toward their winter recess but a loss of unemployment...
Murphy signs bill authorizing $15M in grants to small businesses, nonprofits
Gov. Phil Murphy signed a bill Monday that will provide $15 million in federal COVID-19 relief aid for small businesses and nonprofits in the state.
The grant money will be administered through the New Jersey...
Budget deal: N.J. will give $500 rebate checks (next summer) to middle-class families, add...
Calling it a historic day for the middle class, Gov. Phil Murphy and a host of legislative leaders announced they had reached an agreement to lower the threshold on the millionaire’s tax from $5...
N.J. approved for supplemental $300 in unemployment — when it will start paying out...
The good news for those seeking extra unemployment benefits: New Jersey was — as expected — approved by FEMA for a grant under the Lost Wages Assistance program, hours before Labor Day weekend began.
The...
SBA moving small businesses (fewer than 20 workers) to front of PPP line
If you’re a small business (fewer than 20 employees) and you’re still waiting to hear on your Paycheck Protection Program application, you appear to be in luck.
On Monday, the White House announced it is...
Historic Hinchliffe Stadium to be revitalized thanks to ERG award
Historic Hinchliffe Stadium in Paterson — one of the last remaining stadiums to have played host to a Negro League baseball game — is being brought back to life, thanks to a $67 million...
Expansion of Employee Retention Credit … PPP loan plus ERC now allowed
The Taxpayer Certainty and Disaster Tax Relief Act of 2020, or TCDTRA, that was passed Dec. 27 contains several important changes to the Employee Retention Credit, or ERC. The CARES Act passed earlier in...
Why extended (and increased) unemployment benefits may be slow to come to N.J. (and...
The news that Congress has passed a bill that will extend unemployment benefits that were scheduled to expire at the end of the year is great for those out of a job. As is...
