Well the IRS has ruled that you can not dodge the tax deduction limit for property taxes by paying it to a charity.
From NJ Spotlight, “New regulations by the Internal Revenue Service significantly undercut — at least for now — a New Jersey law that was enacted last year to help residents get around the capping of the long-cherished SALT deduction for state and local taxes. Continue reading Can not dodge the tax→
Before I begin today’s blog I am announcing that it will be on a New Jersey topic instead of a National one. Since this Thursday is June 6th which is the seventy-fifth anniversary of D-Day, I will being talking about a D-Day related topic that day.
Want some free money? Governor Phil Murphy wants to give you $125.00 rebate if he gets a millionaire’s tax. To me this sounds like a desperate politician trying to bribe the voters to put pressure on the legislature to do what he wants. Oh, wait this is not free money. It comes with strings. Murphy must think we are stupid, I’m not are you? Continue reading Want some free money?→
Getting from here to there in New Jersey is not always so easy as it should be. What has to be done to fix this problem follows.
So let me give you an example of how badly our transportation network is. If I want to travel from Kendall Park to Newark using a bus I would have to take the bus from Kendall Park to New Brunswick. Continue reading Getting from here to there→
It seems even those who have are politically naive can do something that accidentally will help the New Jersey taxpayer. Governor Murphy has George Norcross and company in his sights about the misuse of tax credits by the New Jersey Economic Development Authority.