Federal Tax News

1. Advance child tax credit (CTC) payment recipients can still opt out even if they start receiving payments. The IRS began sending out payments or depositing them in bank accounts on July 15. The IRS announced that families can use its Child Tax Credit Update Portal to opt out of remaining payments. Any updates made by…

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PPP Deadline Extension plus Other Program Updates

The PPP Extension Act of 2021 has been formally signed by President Biden, which extends the Paycheck Protection Program through May 31, 2021. The program, originally scheduled to expire on March 31, 2021, will continue accepting applications until May 31, 2021. We would like to note that May 31, 2021 is Monday, Memorial day so applications…

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PPP Application Deadline is March 31, 2021

For those who are still planning on applying for the second round funding of the PPP program, the deadline remains March 31, 2021. Although there is a bill currently in Congress to extend the application period, it is best to plan accordingly and complete your application with the March 31 date in mind. We will…

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Nisivoccia Employees Speak at Centenary University Career Focus Event

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On February 10, John Christian, Amanda Garris, Courtney Weingarten, and Halle Cannon spoke at a virtual career development event hosted by Centenary University. Centenary University runs a Career Focus Zoom series, where students are introduced to real world professionals in their field. Amanda, Courtney, and Halle are all graduates of CU. Nisivoccia employees spoke with accounting…

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Nisivoccia Wins ClearlyRated’s 2021 Best of Accounting Award

Nisivoccia is so proud to have won ClearlyRated’s 2021 Best of Accounting® Award for providing superior service to our clients. Award winners have proven to be industry leaders in service quality based on ratings provided by their clients. On average, clients of 2021 Best of Accounting winners are twice as likely to be satisfied than…

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Nisivoccia Certified Public Accounting Firm Celebrates 50 Year Anniversary

image of firm employees

Nisivoccia, a top 25 certified public accounting and wealth management firm in New Jersey, will have good reason to remember with fondness the end of this unprecedently challenging year, as the Mount Arlington-based firm officially celebrates 50 years in business in November. The icing on their birthday cake is that the firm continues to enjoy…

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