Parents may not realize that there are tax rules that may affect their child’s investment income. The IRS offers the following four facts to help parents determine whether their child’s investment income will be taxed at the parents’ rate or the child’s rate.
Let Santorum and Romney duke it out for who will cut taxes on the wealthy the most and shred the public services everyone else depends on. The rest of us ought to be having a serious discussion about a wealth tax.
Gas prices continue to rise, which is finally giving Republicans an issue. Mitt Romney is demanding the President open up more domestic drilling; the super PAC behind Rick Santorum just released a new ad in Louisiana blasting the President on gas prices; and the GOP is attacking the White House on the Keystone XL Pipeline.
Some vexing news about the Obama administration’s military contracting practices was well-hidden in the Pentagon’s budget briefing materials this year, appearing near the back of the Defense Department Comptroller’s overview presentation of the 2013 budget.
We were shocked to read on Discover magazine’s website last week that an asteroid 450 feet across, lurking just now on the other side of the sun, stands a (remote) chance of smacking us — or someone else on earth — in about 29 years.
TRENTON – The state Senate today unanimously approved a bill that would increase penalties for those who engage in road rage and cause serious harm to others. The legislation, referred to as ‘Jessica Rogers’ Law’ is also scheduled for a vote in the Assembly today.
ELIZABETH — A Union County jury convicted two Essex County men charged in a 2008 carjacking on Wednesday afternoon following a three-week trial, Prosecutor Theodore J. Romanow announced.
EDISON – Police have arrested three suspects who have been charged in connection with two burglaries that occurred in the Clara Barton section of Edison Township, according to police Sgt. Robert J. Dudash Jr.
TRENTON – With St. Patrick’s Day parties and parades planned throughout the state this weekend, New Jersey public safety officials today urged revelers to exercise caution if they are planning to consume alcohol during their celebrations.
If you’re self-employed and paying for medical, dental or long-term care insurance, the IRS wants to remind you about a special tax deduction for some insurance premiums paid for you, your spouse, and your dependents.