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income tax

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Local Professor Says Going The Flat Tax Route Won’t Be Enough To Simplify Federal Taxes

Now that the federal tax filing deadline is behind us, maybe you’re wondering if there’s a less cumbersome way to structure the income tax, but it’s not as easy as it sounds.

04/20/2014

Taxes

Tupperware Sales Represent Taxable Income

Those Tupperware parties of yore have turned into the big businesses of today. As a result, all income is taxable.

03/27/2014

Taxes

Profitable Kids Must File Tax Return

if your kid makes any money, when and how does he have to file a tax return?

03/26/2014

(credit: Getty Images)

Spouse May Be Liable For Fraud On Joint Tax Return

If you sign a joint tax form that you didn’t know wasn’t true, can you be held liable for your spouse’s fraud?

03/24/2014

(credit: Getty Images)

Gift From Boss May Cost You Come Tax Time

Did your employer give you a gift, bonus, or other item of value at the end of the year? No? Lucky you.

02/17/2014

Tax

The Benefit Of ‘De Minimis’ Gifts

The IRS does not make you pay taxes on what is called a “de minimis” gift fringe benefit – a business gift so small it’s not worth reporting.

12/13/2013

Filling Out Forms

Plenty Of Changes For Tax Filers This Year

Experts recommend using some type of guidance to navigate forms and maximize your returns.

03/18/2013

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What To Do If You Owe Taxes But Can’t Pay

So you’ve prepared your tax return and found that you owe. What should you do if you can’t pay?

03/11/2013

1040 Form Images

As The Tax Man Cometh, Tips For Getting Ready

The IRS expects 75 percent of all 2012 returns will get a refund, so if you haven’t started preparing your taxes yet, do it.

03/04/2013

(Gov. Chris Christie.  File photo. Credit: Getty Images)

New Jersey Tax Revenue Figures Come Up Short–Very Short

Recently released tax revenue figures in New Jersey are giving leaders second thoughts about all the economic recovery talk in the state.

05/20/2012

NJ Governor Chris Christie

In State Of The State Address, NJ Governor Calls For 10 Percent Income Tax Cut

In a move that seemed to surprise Democrats and Republicans, New Jersey Gov. Chris Christie on Tuesday proposed an across-the-board 10 percent income tax cut to lure people back to the state with the nation’s highest property taxes.

01/17/2012

Lawmakers Debate How To Spend Projected NJ Tax Revenue Jump

New Jersey is taking in more revenue from its various taxes. How much more depends on who you talk to. And there’s already talk on what to do with that extra money.

05/17/2011

(Credit: Getty Images)

More Paperwork For Landlords This Year

Landlords having work done on their properties must now file a 1099 form for anyone making $600 or more.

02/14/2011

file photo

Tax Collections Up, But Not Enough To Bridge Pa. Budget Gap

Pennsylvania’s revenue collections to run a bit ahead of projections, but not nearly enough to put a serious dent in a multi-billion dollar deficit projected for the next state budget.

02/02/2011

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