EFFECTIVE IMMEDIATELY:
Due to COVID-19, Mazzucco and Company is SUSPENDING ALL face to face appointments.
Contact your CPA via email to make arrangements for your tax preparation.
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.
Reminder
Important Information regarding The CARES Act:
This chart shows a comparison of SBA Loan Programs Under EIDL and PPP and is intended as a guide to determine which Small Business Administration loan program best fits your company’s needs and strategic objectives.
Please click here for a Printable Summary.
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 note that if you are a Small Business (fewer than 6 employees), a seasonal or agricultural employer, or employee tipped workers please note the different amounts.
Also please see the attached information provided by the NJBIA for some further information. Please click here for details.
As always, please give us a call if you have questions.
**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
Countdown to Tax Day
