For nearly three decades Social Security produced big surpluses, collecting $2.7 trillion more in taxes from workers than it paid in benefits to retirees, disabled workers, spouses and children. That current $2.7 trillion surplus is a stubborn fact that makes Republican rhetoric a lie because you are not broke when you’re sitting on a pile of cash.
If you are able to itemize your deductions on your tax return instead of claiming the standard deduction, you may be able to claim certain miscellaneous deductions. A tax deduction reduces the amount of your taxable income and generally reduces the amount of taxes you may have to pay.
STATE — August is National Immunization Awareness Month which serves as a reminder to parents to make sure their children’s immunizations are up-to-date before students return to child care, preschool and school.
Information provided by the Rahway Police Department
NEWARK —Starting today, spectators traveling from New York to MetLife Stadium via the Meadowlands Rail Line can purchase and print special train tickets online in advance using NJ Transit’s new online ticketing system.
NEWARK – Federal agents have arrested three of four men in conjunction with a scheme to steal identity information and use it in the preparation and filing of fraudulent income tax returns to generate illegal refunds, U.S. Attorney Paul J. Fishman announced Friday.