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?
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.
ISELIN – Indus American Bank (IAB) recently launched a “Community Partnership Program” designed to help organizations raise funds to benefit community members they serve.
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.
ISELIN – Indus American Bank recently received the Small Business Administration’s (SBA) District Director’s Award as a Breakthrough Lender of the Year in the state of New Jersey.
NEWARK – PSE&G is urging its customers to see if they are eligible for help to pay their winter heating bills. Those who recently lost their jobs, or are now working fewer hours because of the economic downturn, may now qualify for assistance programs.
ROSELAND – The country’s economic downturn has created a new legion of entrepreneurs who are working from home after losing a job. As the year comes to a close and these people begin gathering information for their 2010 tax returns, many will consider using their home office as a tax deduction for the first time.
MOUNTAINSIDE – Looking for a rewarding volunteer experience? Do you like to help people? “The Internal Revenue Service is seeking volunteers for the Volunteer Income Tax Assistance and Tax Counseling for the Elderly (VITA/TCE) Program,” said New Jersey’s IRS spokesperson Gregg Semanick.
When faced with overwhelming debt, many people don’t know where to turn: Should they file for bankruptcy, consolidate their debts into one loan or try to settle with creditors for less than they owe?
MOUNTAINSIDE — The IRS reminds taxpayers to take advantage of the American Recovery and Reinvestment Act of 2009 tax breaks that are still available. Tax incentives are still available for making energy efficient improvements to your home and for college expenses paid by parents or students.