Nardi's Tax Service

01/24/2024

02/10/2022

Small Business Grant from NJEDA for building improvements.

The Small Business Improvement Grant provides reimbursement for costs associated with making building improvements or purchasing new furniture, fixtures and equipment. A total of $15 million of Main Street Recovery Finance Program funding will be utilized to capitalize the Small Business Improvement...

01/15/2022

It's that time of year!! Our calendar is all set so please call to make your appointment today!!

01/05/2022

FYI as tax season approaches. This was the cause of many delays in processing tax returns last tax season by the IRS.

COVID Tax Tip 2022-03, January 5, 2022 — The IRS started issuing information letters to advance child tax credit recipients in December. Recipients of the third round of the Economic Impact Payments will begin receiving information letters at the end of January.

12/24/2021

We would like to wish our clients a Merry Christmas and Happy New Year. We will be closed this week and will return to the office on 1/3.

06/08/2021

There have been changes to the Child Tax Credit that will benefit many families as they receive advance payments starting in summer 2021. For more details, v...

04/08/2021

For anyone who filed their taxes before the new unemployment laws came out.

COVID Tax Tip 2021-46, April 8, 2021

04/06/2021

https://www.irs.gov/newsroom/heres-how-the-third-economic-impact-payment-is-different-from-earlier-payments

COVID Tax Tip 2021-44, April 6, 2021

03/13/2021

For anyone who has not seen this or if you have filed you may need to do an amended return.

f your modified adjusted gross income (AGI) is less than $150,000, the American Rescue Plan enacted on March 11, 2021, excludes from income up to $10,200 of unemployment compensation paid in 2020, which means you don’t have to pay tax on unemployment compensation of up to $10,200.

03/09/2021

😂

03/04/2021

https://www.nytimes.com/live/2021/03/03/us/joe-biden-news

The proposed change, part of an effort to secure enough support for the $1.9 trillion relief plan to pass the Senate, could mean that some people who got a check during the Trump administration would not get one under President Biden.