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Articles by Thomas Denitzio
What Commercial Property Owners & Taxpayers Should Know About Filing a New Jersey Property Tax Appeal in 2026
New Jersey taxpayers continue to face one of the highest real estate tax burdens in the nation. The state's high tax rates, coupled with fears of an economic downturn, increased tenant vacancies and high interest rates, can significantly affect the...
New Jersey Enacts Legislation Imposing Annual Community Service Contributions On Nonprofit Hospitals | JD Supra
On February 22, 2021, New Jersey Governor Phil Murphy signed into law new legislation (A1135/S357) that clarifies and preserves the statutory property tax-exemption historically afforded to nonprofit hospitals under N.J.S.A. 54:4–3.6 while also securing from nonprofit hospitals a yearly contribution to their host municipality to help defray the costs of the municipal services they utilize. The new law takes immediate effect.
New Paycheck Protection Program Flexibility Act Provides Significant Relief to Borrowers | JD Supra
On Friday, June 5, 2020, President Trump signed the Paycheck Protection Program (PPP) Flexibility Act of 2020, which provides welcome relief to businesses with PPP loans by extending the period for borrowers to use PPP loan proceeds for payroll costs, extending the date for borrowers to rehire employees, reducing the amount of payroll costs required for forgiveness of the loan, and modifying the period to repay loans that are not forgiven.
Governor Murphy Signs Legislation Setting New Deadlines for Filing and Deciding Real Estate Tax Appeals | JD Supra
On May 28, 2020, New Jersey Governor Phil Murphy signed legislation that fixes July 1, 2020 as the deadline for filing 2020 real property tax appeals. The stated reason for adopting the law was to account for the inability to file appeals by the usual April 1 and May 1 deadlines due to the COVID-19 pandemic and state of emergency. The extended deadline does not apply to county tax board appeals in Monmouth and Gloucester counties, where the pre-pandemic filing deadline was January 15.
SBA Announces Rule Governing Paycheck Protection Program | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
Critical Update to CARES Act Paycheck Protection Program | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
Title I of the CARES Act: The Paycheck Protection Program and Loan Forgiveness Provisions | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
New Jersey Extends Filing Deadline for Real Estate Tax Appeals Due to COVID-19 | JD Supra
Updated: May 25, 2018: JD Supra is a legal publishing service that connects experts and their content with broader audiences of professionals, journalists and associations.
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