Money

Converting To A Roth IRA: Is It Right For You?

ROSELAND – Roth IRA conversions have been a hot topic this year. New rules have made 2010 the first year that there is no income limit for Roth IRA conversion eligibility. Because of that, many taxpayers have access to a Roth IRA for the first time.

Expanded Recovery Act Tax Credits Help Homeowners Winterize Their Homes

WASHINGTON, D.C. — People can now weatherize their homes and be rewarded for their efforts. According to the Internal Revenue Service, homeowners making energy-saving improvements this fall can cut their winter heating bills and lower their 2010 tax bill as well.

Cut Your Taxes

For many, mid-November through New Year’s Day is a blur of activity when important tasks get ignored. Who has time to review their benefits and tax paperwork when holiday planning looms overhead?

Family Leave Insurance Tax To Be Reduced

TRENTON – Workers in New Jersey will see at least one tax rate cut in 2011. The employee payroll tax rate for the Family Leave Insurance (FLI) program will be adjusted downward beginning Jan. 1, 2011, giving the state’s economy an estimated $57 million boost.

U.S. Economy Adds 151,000 Jobs; Unemployment Remains At 9.6%

WASHINGTON, D.C. – The U.S. economy added 151,000 jobs in October, according to data released by the federal Department of Labor this morning. The unemployment rate, essentially unchanged since May, remained at 9.6 percent.