NEWS

Staying ahead of regulatory changes and informing our clients is part of The Nisivoccia Way. One way we do this is through blogs, articles and newsletters. Keep up with the latest industry news and Nisivoccia happenings.

PPP Deadline Extension plus Other Program Updates

April 1, 2021

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 should be submitted by Friday, May 28. The extra time will allow the Small Business Association to process additional applications submitted prior to the new deadline as well as address: Loan application issues including validation error codes Delayed guidance Changes to the loan calculation amount…

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PPP Application Deadline is March 31, 2021

March 16, 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 inform you of any updates as they become available. Below are details from an earlier email outlining the program. Second Round Funding (PPP2) The Act provides additional PPP funding for small businesses. The last day to apply for second draw funding is March 31, 2021.…

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Nisivoccia Employees Speak at Centenary University Career Focus Event

February 11, 2021

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 students and professors about their chosen career path, as well as the firm. The main focus of the meeting was for students to talk to professionals in the field and discover more about their career choices. Our professionals answered career-related questions and described real life as…

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COVID-19 Relief Bill Addressed Key PPP Issues

December 22, 2020

The U.S. Senate and House of Representatives overwhelmingly passed a $900 billion COVID-19 relief bill Monday night that provides $600 stimulus payments to individuals, adds $300 to extended weekly unemployment…

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Tax Planning: Tips for 2020 Year-End Planning

December 10, 2020

Tax planning shows the most benefit when it is done throughout the year. 2020 is and was such a disruptive year that tax planning went on the back burner for…

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Tax Updates for Pass Through Business Entities

November 20, 2020

As we come into year-end tax preparations, please see the important updates from the IRS below. The U.S. Treasury Department and Internal Revenue Service (IRS) released a notice regarding proposed regulations that…

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Fraud Awareness and Prevention

November 12, 2020

November 15 – 21, 2020 is International Fraud Awareness week. Being aware of fraud and implementing good practices in your organization should not be reserved for one week per year,…

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Nisivoccia Certified Public Accounting Firm Celebrates 50 Year Anniversary

November 3, 2020

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…

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Fall 2020 Rx for Practice Management

October 16, 2020

Click on the link to access the Fall 2020 Rx for Practice Management newsletter. Articles in this issue include: Lessening the financial impact of the pandemic Nonphysician providers could enhance your…

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