TRENTON – The Senate Budget and Appropriations Committee approved a bill that would require the governor to include a report on state tax expenditures in his annual budget message by a vote of 8-0 with six abstentions on Monday.
HERNDON, Va., — Given the current economic situation, it is clear that maximizing personal assets is important. The American Society of Appraisers suggests that people take the opportunity at the beginning of the new year to resolve to document and assess personal assets.
Proverbs survive because of their universality. Take the adage, “One bad apple spoils the barrel.” It teaches us that good people (or good businesses) can be tainted by association with those whose actions are perceived as unscrupulous, even if they themselves don’t employ the same deceitful tactics.
MOUNTAINSIDE – The Internal Revenue Service reminds individual taxpayers who are considering buying a new car that they have until Dec. 31 to take advantage of a tax break that may not be around in 2010.
UTICA, N.Y.—A recent survey is bad news for retailers. While holiday consumer spending was weak in 2008 due to poor economic conditions, the situation might not be any better this year.
MOUNTAINSIDE — The spirit of giving seems to grow during the holiday season, and many donations are made to charitable causes at this special time of year.
WASHINGTON, D.C. – This week, the Peterson-Pew Commission on Budget Reform outlined a plan for Congress and the Administration to begin working now to significantly reduce the national debt, which is currently $7.6 trillion. Red Ink Rising, the Commission’s first report, calls on policy makers to enact both spending cuts and tax increases to shift our nation’s fiscal course.
MOUNTAINSIDE NJ — Taxpayers can get the most out of new recovery tax breaks and get a jump on preparing their 2009 federal income tax returns by consulting a newly revised comprehensive tax guide now available on IRS.gov.
BERKELEY, Calif. – According to data released by the federal Department of Education this week, 12 percent of college students who began repaying student loans had defaulted by 2009. A disproportionate number of those students attended for-profit schools.
For many professions, the price of admission is higher education. Unfortunately, college degree costs have skyrocketed, so people often to enter the workforce saddled with massive student loans and monthly loan payments that strain their starting salaries.