Due to COVID-19 Mazzucco and Company is offering all clients the option of mailing, emailing or dropping off all materials for your Tax Returns. Your CPA will follow up with a phone call to finish up your tax return and go over all information that is needed. Any question please contact the office at 856-234-7788.
Important Information & Reminders
Check your mail carefully. Four million Americans were sent stimulus money as a result of the CARES Act in the form of prepaid debit cards. The Economic Impact Payment Card is sponsored by the Treasury Department’s Bureau of the Fiscal Service, managed by Money Network Financial, LLC and issued by Treasury’s financial agent, MetaBank®, N.A. If you receive an Economic Impact Payment Card, it will arrive in a plain envelope from “Money Network Cardholder Services.” The Visa name will appear on the front of the Card; the back of the Card has the name of the issuing bank, MetaBank®, N.A. Information included with the Card will explain that the card is your Economic Impact Payment Card. Please go to EIPcard.com for more information and additional FAQs.
The link below to the IRS website also provides some answers to frequently asked questions related to these Payments.
Please Click Here - IRS Economic Impact.
The link below to the IRS website also provides some answers to frequently asked questions related to these Payments.
Please Click Here - IRS Economic Impact.
What do I do if my prepaid debit card was lost or destroyed?
Individuals who have lost or destroyed their EIP Card may request a free replacement through MetaBank® Customer Service. The standard fee of $7.50 will be waived for the first reissuance of any EIP Card. Any initial reissuance fee charged to a customer from an earlier date will be reversed. Individuals do not need to know their card number to request a replacement. Individuals may request a replacement by phone at 1-800-240-8100 (option 2 from main menu).
Individuals who have lost or destroyed their EIP Card may request a free replacement through MetaBank® Customer Service. The standard fee of $7.50 will be waived for the first reissuance of any EIP Card. Any initial reissuance fee charged to a customer from an earlier date will be reversed. Individuals do not need to know their card number to request a replacement. Individuals may request a replacement by phone at 1-800-240-8100 (option 2 from main menu).
CLICK THIS LINK FOR THE LATEST UPDATE ON PPP LOANS!
PPP Loan Rules: 6 Things To Know
PPP Loan Rules: 6 Things To Know
2019 SECURE ACT
The bill, Setting Every Community Up for Retirement (SECURE) Act by the U.S. Senate, signed by President Trump on Friday, Dec. 20, 2019, is
the most significant retirement savings reform legislation in nearly 15 years. This table containing details about the 2019 SECURE Act And Tax Extenders illustrates the major changes made by these laws.
Please click here for a Printable Summary.
W-4 Update The IRS has released the final version of the 2020 Form W-4. Changes have been made to the form and you can learn more about them by visiting this IRS FAQ link.
FAQs on the 2020 Form W-4
Here are some key points you need to know:
• All new employees hired as of January 1, 2020 must complete the new form
• Current employees are not required to complete the new form but can choose to adjust their withholding based on the new form
• Any adjustments made after January 1, 2020 must be made on the new form
Federal and NJ Estate laws have changed recently. Please call our office 856-234-7788 and we can answer any questions you may have.
Please click here for a Printable Summary.
W-4 Update The IRS has released the final version of the 2020 Form W-4. Changes have been made to the form and you can learn more about them by visiting this IRS FAQ link.
FAQs on the 2020 Form W-4
Here are some key points you need to know:
• All new employees hired as of January 1, 2020 must complete the new form
• Current employees are not required to complete the new form but can choose to adjust their withholding based on the new form
• Any adjustments made after January 1, 2020 must be made on the new form
Federal and NJ Estate laws have changed recently. Please call our office 856-234-7788 and we can answer any questions you may have.
**Important Changes to NJ Annual Report Filing Fees for Small Business Owners!
Click here for full details
Please be advised that a new State law effective July 1, 2019, changes the filing fees for Annual Reports and Reinstatements. The new fees are as follows:
Annual Reports for Corporations, LLCs, LLPs, LPs, and Non-Profits For-profit business entities – Annual Report filing fee changes from $50 to $75 for all Annual Reports due on or after July 1, 2019. Non-profit business entities – Annual Report filing fee changes from $25 to $30 for all Annual Reports due on or after July 1, 2019. Important Note: Business entities that paid Annual Report fees prior to 7/1/19 that were not due until 7/31/19, 8/31/19 or 9/30/19, are not required to pay the increased fee amount.
Reinstatements For-profit corporations and LLCs – The reinstatement assessment of $200 is eliminated
Click here for full details
Please be advised that a new State law effective July 1, 2019, changes the filing fees for Annual Reports and Reinstatements. The new fees are as follows:
Annual Reports for Corporations, LLCs, LLPs, LPs, and Non-Profits For-profit business entities – Annual Report filing fee changes from $50 to $75 for all Annual Reports due on or after July 1, 2019. Non-profit business entities – Annual Report filing fee changes from $25 to $30 for all Annual Reports due on or after July 1, 2019. Important Note: Business entities that paid Annual Report fees prior to 7/1/19 that were not due until 7/31/19, 8/31/19 or 9/30/19, are not required to pay the increased fee amount.
Reinstatements For-profit corporations and LLCs – The reinstatement assessment of $200 is eliminated
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