President Trump signed four COVID-19 related executive orders on August 8, 2020 after Congress failed to pass economic relief legislation. Included in the executive orders was a payroll tax deferral for American workers earning, generally, less than $100,000 on an annualized basis. The order did not include details on implementation, repayment terms of the deferral, or other critical pieces of information needed to determine if businesses would participate. On August 28th, the Treasury Department and IRS issued further official guidance on the payroll tax deferral.
The New Jersey Economic Development Authority (NJEDA) launched a pilot E-Commerce Technical Assistance Program on June 29, which will help New Jersey restaurants, retail stores, and personal care businesses continue to operate safely during the COVID-19 pandemic. The Authority has engaged the services of Hudson Integrated, Positive Solutions, and Suasion Communications Group to help businesses that normally rely on foot traffic and in-person transactions identify and implement the website and ecommerce capabilities they need to stay in business while complying with current health guidelines and changing customer preferences.