If you’re able to make charitable donations, whether cash, material goods or volunteering your time, make sure the organizations deserve your support.
MOUNTAINSIDE – New Jerseyans e-filed a record 2.87 million federal income tax returns during 2010 for tax year 2009, up 3.3 percent from last year’s total of 2.78 million e-filers.
UTICA, N.Y. – Voters want government spending cuts, but they’re not calling for them across the board.
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.
CRANFORD—Learn about “25 Businesses You Can Start with Little or No Money” at the Cranford Community Center, 220 Walnut Avenue, on Tuesday, Dec. 7, at 7:30 p.m.
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.
MOUNTAINSIDE – You may not be thinking about your tax return right now, but now is a great time to start planning for next year and to make sure your records are organized.
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.