MOUNTAINSIDE — Unclaimed refunds totaling approximately $36.5 million are awaiting about 31,000 New Jerseyans who did not file a federal income tax return for 2007. To collect the money, a return for 2007 must be filed with the IRS no later than April 18.
Before the housing crisis, it wasn’t uncommon for people to raid their home-equity piggybanks to pay off bills. Plummeting home values and tougher lending standards helped curb that practice, leading some people to engage in a far more disturbing habit: borrowing or withdrawing money from their retirement accounts to cope with financial hardship.
STATE – The average price of a gallon of regular, full-service gasoline reached $3.09 a gallon overnight, according to AAA Mid-Atlantic. That’s up five cents in the past week and 54 cents since this time last year.
STATE – According to a report released yesterday by the Washington, D.C.-based Tax Foundation, New Jersey residents had the highest state-local tax burden in the nation in 2009.
MOUNTAINSIDE – Several Internal Revenue Service Taxpayer Assistance Centers will be open on Saturday Feb. 26 from 9 a.m. to 2 p.m. for taxpayers seeking tax assistance.
STATE – The IRS sponsors community-based volunteer programs that offer free assistance with basic income tax preparation for qualifying taxpayers.
TRENTON – New Jersey’s Minimum Wage Advisory Commission recommended maintaining New Jersey’s minimum wage at the federal rate of $7.25 per hour, state Labor Commissioner Harold J. Wirths announced Friday.
Reentering the civilian workforce after a career in the armed forces can be challenging even during the best of times.
So many expenses, so few dollars saved. That’s the dilemma faced by millions of Americans – everyone from struggling college students to young families saving for a down payment to baby boomers approaching retirement.
NEWARK – The Office of the Attorney General and State Division of Consumer Affairs are offering seminars and tutorials to help college students understand credit, and avoid a history of bad credit that can cause long-lasting harm as they begin their careers and adult lives.