Money

First-Time Homebuyer Credit Closing Deadline Extended

July 13, 2010

WASHINGTON, D.C. -- The deadline for the completion of qualifying First-Time Homebuyer Credit purchases has been extended. Taxpayers who entered into a binding contract before the end of April now have until Sept. 30, 2010 to close on the home.

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Tanning Tax Takes Effect

July 13, 2010

WASHINGTON, D.C.-- Starting July 1, many businesses offering tanning services must collect a 10 percent excise tax on the tanning services they provide. This excise tax requirement is part of the Affordable Care Act that was enacted in March 2010.

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Accidents Happen: Get Your Affairs In Order

July 13, 2010
Accidents Happen: Get Your Affairs In Order

Recently, a man stepping off a curb near my office was struck and killed by a passing bus. Only 49, he clearly had many productive years ahead. Reading about it reminded me how quickly unexpected accidents can turn your family upside down, and how vitally important proper planning is.

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EarthTalk®

July 12, 2010
EarthTalk®

Dear EarthTalk: I always thought eating fish was healthy, but now I’m concerned about mercury in tuna and other fish. Are there any fish that are still safe to eat? -- Brit Brundage, Fairfield, CT

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Federal Student Loan Program Changes

July 12, 2010
Federal Student Loan Program Changes

My wife recently enrolled in graduate school, so like millions of other Americans we've paid close attention to news about student loan programs. One recent example: A key component of the Health Care and Education Reconciliation Act will result in several significant modifications to the how federal student loans are offered and processed.

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NJ Pensions Underfunded $175 billion

July 8, 2010

STATE -- A new George Mason University study on public pension systems across the USA says New Jersey’s system will go broke between three and nine years from now without massive reform.

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Assembly Democrats To Discuss Property Tax Reform On Their Own Timetable

July 2, 2010
Assembly Democrats To Discuss Property Tax Reform On Their Own Timetable

TRENTON – Assembly Democrats announced a schedule for upcoming Budget Committee meetings and said the lack of information available from Gov. Chris Christie’s administration on property tax caps highlight the need for a thoughtful review.

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Unemployed Workers Should Continue To Certify For Extended Benefits

July 2, 2010

TRENTON – Congress failed to pass legislation this week that would extend the filing deadline for unemployment claimants for the federally-funded Emergency Unemployment Compensation (EUC) program. Congress will be in recess and any new bill would not be considered for a vote until Congress returns on July 12.

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U.S. Economy Lost 125,000 Jobs In June

July 2, 2010
U.S. Economy Lost 125,000 Jobs In June

WASHINGTON, D.C. -- Nonfarm payroll employment fell by 125,000 in June, according to data released by the federal government today. Many of the jobs lost were because of a large drop in the number of temporary workers needed for the U.S. Census.

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New Unemployment Claims On The Rise

July 1, 2010
New Unemployment Claims On The Rise

WASHINGTON, D.C. – New unemployment claims are on the rise, according to data released today by the federal Department of Labor.

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