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
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.
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).
PPP Loan Rules: 6 Things To Know
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.
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