The Government is trying to give away more money - Do you qualify? For businesses that opened their doors February 2020 or later and remained open after June of 2021 are eligible to reimbursed for up to $50,000 of qualifying expenses. Beyond the dates we recommend that the business have no less than $3000 in monthly payroll to consider this program. The funds, if eligible, are considered taxable income and would require amending 2021 tax returns if claimed. The use of the funds is entirely unrestricted upon receipt. Businesses that started operations after December 31, 2021 are not eligible. Want to learn more give Ryan a call! Ryan J. Niedoba 251 Bellevue Ave, Suite 100 Hammonton, NJ 08037 P: 856-753-0025 www.nbcpa.us
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