STATE – The state’s economy lost an estimated 13,000 jobs in January, according to data released today by the state Labor Department. Both the private and public sectors were affected, shedding 7,100 and 5,900 jobs respectively.
Nobody likes being nagged, but I’m going to risk reader displeasure by reminding everyone that there are hefty financial consequences if you owe income taxes and do not file a return on time – or at least request a filing extension.
TRENTON – A bill to create a new type of corporate structure in New Jersey that allows for-profit companies to organize in a way that promotes their social or environmental mission has been signed into law by Gov. Chris Christie.
WASHINGTON, D.C. – New Jersey Sen. Robert Menendez has called for the release of oil from the federal government’s Strategic Petroleum Reserve to help lower rapidly-rising gas prices.
UTICA, N.Y. – Less than a third of voters believe that their children will have a better life than they do, according to a new Zogby Interactive Survey.
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.