by Matthew Dopkin, Esq. | Sep 23, 2020 | Tax Law
Proper Tax Planning Will Prevent Headaches During the Economic Downturn Believe it or not, there are over 10 million words in the U.S. tax code. This doesn’t even include local tax laws and regulations. Fortunately, you can, generally, rely on New Jersey tax...
by Matthew Dopkin, Esq. | Sep 19, 2020 | Current Events, Tax Law
Can’t Afford Your Taxes Due to the COVID Economic Crisis? Typically, federal income taxes are due on April 15, but the federal government extended the deadline to file your 2019 income taxes to July 15. Many states also moved their deadline to July 15 to...
by Matthew Dopkin, Esq. | Aug 21, 2020 | Estate Planning
Creating an Estate Plan During Unusual Times Between March and August 2020, the unemployment rate in the United States has remained above 10%. Furthermore, the COVID-19 pandemic has likely made it difficult to seek out legal or other services in your community....
by Matthew Dopkin, Esq. | Aug 18, 2020 | Tax Law
Can Your Business Be Audited During the COVID-19 Crisis? Normally, about 2.5% of small businesses are audited by the IRS. However, these numbers have dropped during the COVID-19 crisis as the IRS refrained from initiating new audits for a time. However, you are still...
by Matthew Dopkin, Esq. | Aug 2, 2020 | Tax Law
Understanding the New COVID-19 Tax Credits for Small Businesses The COVID-19 pandemic has put a lot of strain on businesses that need to pay operating expenses without having much income. Since the beginning of March, 72,842 businesses have permanently closed....