Money

PSE&G Urges Eligible Customers To Apply For Heating Assistance

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.

Lowering Your Tax Bill With Home Office Deductions

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.

IRS Seeks Community Volunteers Throughout New Jersey

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.

IRS: Don’t Miss Out On Recovery Tax Provisions; Energy & Education Credits Still Available

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.

IRS Warns New Jerseyans About New E-mail Scam

MOUNTAINSIDE – The IRS is warning taxpayers about a new phishing scam. Phishing, a word play on “fishing” for information, is a scam in which Internet fraudsters send seemingly legitimate e-mail messages to trick unsuspecting victims into revealing personal and financial information.

Fall Tax Tip: IRS Encourages Taxpayers to Check Federal Withholding Tax Status

MOUNTAINSIDE – With less than three months remaining in the calendar year, individual taxpayers are encouraged to double check their federal withholding now to make sure they are having enough taxes taken out of their pay.

Senators Challenge McConnell On Social Security

WASHINGTON, D.C. – Seventeen senators – including Majority Leader Harry Reid — today asked Senate Republican leader Mitch McConnell to support $250 in emergency relief to more than 50 million seniors and disabled Americans facing a second straight year with no increase in Social Security benefits.