The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
the staff of the Ridgewood blog
Trenton NJ, Nearly seven in 10 business executives (68%) said they believe the U.S. economy has entered a recession, and vast majority of them (71%) believe it will last longer than a year, according to a survey of business executives conducted by the New Jersey Chamber of Commerce. The results were released today.
the staff of the Ridgewood blog
Morris Plains NJ, the Appellate Division denied a request on Thursday to expedite proceedings for a New Jersey business that closed its door because of Gov. Phil Murphy’s back-to-back emergency COVID-19 executive orders, which have since resulted in the closure of more than one-third of the state’s small businesses.
By Dr. Sean Stein Smith, September 8, 2017 at 8:14 AM
Dr. Sean Stein Smith.
As Labor Day recedes into our collective memory, and the warm glow of summer fades away, the collective New Jersey business community is faced with the following reality.
The current administration in Washington appears to have focused on comprehensive tax reform as a pillar for reform, and with Congress returning from recess, there is a real possibility this plan will become reality. Although many people from the NJ/NY area commute on Amtrak/Acela to Washington on an ongoing basis, the implications for small business may be overlooked in the hustle and bustle of everyday life. Regardless of whether or not the current political environment is perceived as favorable, or what other issues are continually ongoing, the reality of the situation is that tax reform is a real possibility.
Washington machinations are more than just fodder for Happy Hour conversation – these are issues and topics that can have a definite impact on your bottom line. As a CPA who lives in, has worked in, and who has advised entrepreneurs in New Jersey, but now works in New York, this is an issue I hear about and think about on a daily basis.
