Money

IRS Warns Of Five Tax Scams to Avoid this Summer

WASHINGTON, D.C. — Hiding income offshore, identity theft and return preparer fraud topped the IRS’s list of tax scams in 2011. The Internal Revenue Service issues an annual list of the top 12 tax scams, known as the “Dirty Dozen.”

Officials Recommend Health Precautions Due To Excessive Heat

TRENTON–With the heat index soaring to 110 degrees today, the Department of Health and Senior Services (DHSS) urges the elderly, disabled and those with chronic medical conditions to drink plenty of water and visit senior or cooling centers if they do not have air conditioning.

NJ Unemployment Edges Up Even As Economy Adds 1700 Jobs

TRENTON – Preliminary estimates showed that private sector employment in New Jersey continued an upward trend, with employers adding 6,400 jobs in June — the fifth consecutive month of private sector job gains. However, overall employment gains were more modest, thanks to a public sector decline of 4,700 jobs.

IRS Withholding Calculator Can Help Figure Your Tax

WASHINGTON, D.C. — If you have too little federal tax withheld from your pay, you could end up owing a lot of money when you file your taxes. If you withhold too much, you will get a large refund next year, but that means you gave up the use of your money for several months during the year.

Dealing With Debt Collectors

If you’ve ever fallen far behind on paying your bills, you know what it’s like to dread whenever the phone rings: What if it’s another bill collector? Ignoring the call – like ignoring a toothache – is never a good idea. Sooner or later, you’re going to have to deal with the situation.

Treasury Continues To Phase Out Paper U.S. Savings Bonds

WASHINGTON, D.C. – The Bureau of the Public Debt announced Wednesday that as of Jan. 1, 2012, paper savings bonds will no longer be sold at financial institutions. The move is expected to save American taxpayers approximately $70 million over the first five years.

IRS Warns Of Tax Scam

WASHINGTON, D.C. — The Internal Revenue Service is encouraging taxpayers to guard against being misled by unscrupulous individuals trying to persuade them to file false claims for tax credits or rebates.

IRS Offers Saturday Taxpayer Assistance

STATE — Taxpayers who may have difficulty getting to an IRS Taxpayer Assistance Center during normal business hours Monday through Friday can visit an IRS office located at 100 Dey Place, Edison; 20 Washington Place, Newark or 600 Arch Street, Philadelphia, Pa. on Saturday, July 16, from 9 a.m. and 2 p.m.