NJ Workers: Frequently Asked Questions During the Coronavirus Emergency – Updated April 8, 2020April 8, 2020
On March 18, 2020, President Trump signed into law the Families First Coronavirus Response Act (FFCRA), which provided additional flexibility for state unemployment insurance agencies and additional administrative funding to respond to the COVID-19 pandemic. The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27. It expands states’ ability …
State Income Tax and Corporation Business Tax Filing Deadlines Extended to July 15th – Updated April 1, 2020April 1, 2020
TRENTON – Governor Phil Murphy, Senate President Steve Sweeney and Assembly Speaker Craig Coughlin issued the following joint statement today on the tax filing deadline and the state budget timetable: “The ongoing COVID-19 pandemic has caused hardships, financial strain and disruptions for many New Jerseyans and New Jersey businesses. As part of our response, we …
The CARES Act – Summary of Tax Provision – Updated March 31, 2020March 31, 2020
Dear Clients, Business Associates and Friends: We hope that you are keeping yourself, your loved ones, and your community safe from COVID-19 (commonly referred to as the Coronavirus). Along with those paramount health concerns, you may be wondering about some of the recent tax changes meant to help everyone coping with the Coronavirus fallout. In …
COVID-19 – Updated Client NoticeMarch 23, 2020
As valued members of the Curchin family, we want you to be aware of our response to concerns about COVID-19 (novel coronavirus). The health and safety of our clients, employees, families and vendors is our top priority. In response to the Centers of Disease Control and Prevention and the State of New Jersey’s call for …
Top 15 Takeaways from the 2020 International Builders’ Show in Las VegasMarch 2, 2020
As a leading construction accounting firm in New Jersey and the Mid-Atlantic, The Curchin Group attends trade shows across the U.S. to keep the pulse of the A/E/C sector. Most recently, we visited the National Association of Home Builders (NAHB) International Builders’ Show (IBS) January 21-24, 2020 in Las Vegas, Nevada and the Shore Builders …
Curchin’s McNamara Joins Provident Bank Advisory CouncilFebruary 28, 2020
The Curchin Group’s William C. McNamara, CPA, CCIFP, was recently honored with an appointment to the Provident Bank Advisory Council. Bill joins other prominent business leaders committed to fostering the bank’s relationships with a thriving business community. Over 180 years ago, the Provident Bank began in a one-room New Jersey office and grew to become …
A Guide to the Different Types of Business Valuation MethodsJanuary 17, 2020
By: Roy H. Kvalo, CPA/ABV/CFF/CGMA, CVA, Director of Litigation & Valuation Services In 2018, 10,312 businesses exchanged hands across the United States. That was a 4% uptick in acquisitions from 2017. Various reasons might cause you to want to sell or buy a business. No matter the reason behind each transaction, the one constant is …
8 Crucial Ways to Protect Yourself from ATM and Mobile Security FraudJanuary 17, 2020
By: Carolyn Giunco Kvalo, CPA/CGMA, CFE, Managing Partner Anyone who has a bank account or credit card runs the risk of being defrauded. Learn how to protect yourself from ATM and mobile security fraud in this article. Did you know that more than 15 million Americans are victims of identity theft every year? Identity theft …
7 Effective Tax Saving Tips You Need to Know: 2020 EditionJanuary 17, 2020
April is tax season, and for some people that can be scarier than Halloween. The average American can expect to pay a little over $10,000 a year in taxes, or 14 percent of their household income. That’s a sizeable tax bill and one that many people would rather not have to shoulder. Fortunately, there are …
Overview of Provisions of the SECURE Act Affecting IndividualsJanuary 9, 2020
Congress recently passed and the President signed into law-the SECURE Act, landmark legislation that may affect how you plan for your retirement. Many of the provisions go into effect in 2020, which means now is the time to consider how these new rules may affect your tax and retirement-planning situation. Here is a look at …