Money

Tax Issues for the Unemployed

Many Americans have experienced tough times in the last year or so, including the loss of a job. If you’re uncertain how the tax laws apply to those who are unemployed or seeking a new position, the New Jersey Society of Certified Public Accountants (NJSCPA) offers some timely tax season advice:

Update on Education Tax Credits

A college education remains a big-ticket item. In fact, the average annual tuition at a private four-year college is now $26,273, up 4.4 percent from last year, while annual tuition at public four-year colleges jumped 6.5 percent to $7,020.

Tax Relief for Ponzi Scheme Losses

The name Bernard Madoff will forever be associated with investment fraud. Unfortunately, Madoff is not the only bad apple involved in handling the money of trusting investors. With the softening stock market, many fraudulent investment schemes across the country have come tumbling down like a house of cards.