STATE — Fifty years after its founding in Elizabeth, the discounted designer clothing retailer Daffy’s appears to be heading out of business, the latest casualty of the global economic meltdown brought on by deregulation.
President Obama is slamming Mitt Romney for heading companies that were “pioneers in outsourcing U.S. jobs,” while Romney is accusing Obama of being “the real outsourcer-in-chief.”
WASHINGTON, D.C. – As the deadline approaches for Social Security benefit recipients to switch to direct deposit or a debit card program, 95 percent of individuals who use the Direct Express® Debit MasterCard® card to receive monthly Social Security payments report they are satisfied with the card.
UNION — Financial Advisor David Larkin, will lecture on “Social Security: Potential Strategies for Maximizing Your Benefits” at the Union Public Library on Tuesday, July 17, at 7 p.m. The public is invited to this admission-free program.
If you discover an error after you file your tax return, you can correct it by amending your return. Here are 10 tips from the Internal Revenue Service about amending your federal tax return:
STATE — Average retail gasoline prices in New Jersey have risen 7.5 cents per gallon in the past week, averaging $3.37 per gallon yesterday. This compares with the national average that has not moved in the last week to $3.42 per gallon, according to gasoline price website NewJerseyGasPrices.com.
It’s no secret that health care costs have been spiraling out of control for years. To fight back, your best bet is to be a well-informed consumer: Know the true costs of medical procedures, supplies and medications so you can bargain effectively; carefully anticipate and track medical expenses; and stay on top of your bills.
STATE — Gas prices continued their upward tick for the second straight week, following 11 consecutive weeks of declines, inching up 6 cents nationally since the beginning of July. The national average price for regular grade gasoline was $3.39 Friday, up 3 cents for the week, yet down 15 cents from month-ago and down 26 cents from year ago prices. However, prices remain 72 cents lower than the record high of $4.11 set four years ago this week.
Military personnel and their families face unique life challenges with their duties, expenses and transitions. The IRS wants active members of the U.S. Armed Forces to be aware of all the special tax benefits that are available to them.