Tag: taxes

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Everything You Wanted to Know About Budgets in the Village of Ridgewood, But Were Afraid to Ask Presentation

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the staff of the Ridgewood blog

Ridgewood NJ, on December 13, 2021 , at Village Hall Court Room (4th floor) , Everything You Wanted to Know About Budgets in the Village of Ridgewood, But Were Afraid to Ask Presentation – 7:00 p.m.  with Robert Rooney, Village Chief Financial Officer . He  will give a presentation on how the Village of Ridgewood’s budget is established each year. There will also be a time for questions and answers. Please come out and learn about the Village budget, prior to our budget meetings in January/February 2022.

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Five Decades Later the Rutgers-Eagleton Poll Still Finds Taxes to be Most Important Problem Facing New Jersey

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“If taxes are your issue, then New Jersey’s probably not your state ” , New Jersey Governor Phil Murphy 

the staff of the Ridgewood blog

New Brunswick NJ,  not much has changed in 50 years when it comes to New Jersey’s most important problem, according to a Rutgers-Eagleton Poll. Then and now, New Jerseyans rate taxes – including property taxes – as their number one concern.

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NEW JERSEY’S STEALTH INCOME TAX HIKE : INFLATION

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NJ Tax Bracket Creep 

the staff of the Ridgewood blog

Ridgewood NJ, last week’s federal Producer Price Index report showed that prices for basic  goods across the country surged at a rate unseen in 31 years.

As Jared Walczak of the Tax Foundation noted in an analysis, “Inflation is often called a hidden tax, but in many states it yields a far more literal tax increase as tax brackets fail to adjust for changes in consumer purchasing power.”

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Bernie and Murphy, Perfect Together, Horrible for Jersey

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the staff of the Ridgewood blog

Jersey City NJ, After an appearance with the most unpopular Democratic President in 40 years, Joe “Bare Shelves” Biden drew all the excitement of drinking warm milk while watching wet paint dry, failed Governor Phil Murphy is getting increasingly desperate. His solution? Call in the most famous Socialist obstructionist of all, comrade Bernie Sanders.

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Last Call for Commonsense

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by Joshua Sotomayor-Einstein

The gubernatorial election ending when polls close Tuesday evening on November 2nd is not about right versus left or Republican versus Democrat. This election is about whether we will be governed by commonsense or by out-of-touch extremism. Gubernatorial candidate Jack Ciattarelli has been an advocate for NJ families, working and middle class residents, taxpayers, job growth, and freedom for New Jerseyans of all races, ethnicities, and backgrounds. Phil Murphy, the disastrous incumbent governor, has pursued policies which have killed 8,000 nursing home residents, increased the cost of living on working and middle class New Jerseyan’s, and has been busy destroying over 1/3 of NJ small businesses and the state economy.

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Republican Jack Ciattarelli Within Striking Distance

Republican Gubernatorial Candidate Jack Ciattarelli3

the staff of the Ridgewood blog

Trenton NJ, with Virginia’s governor race getting all the national attention, the sleeper election this year is in New Jersey where Governor Phil Murphy is running for re-election.

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Reversing The American Economic Recovery

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the staff of the Ridgewood blog

Ridgewood NJ, millions of jobs that will be created by all the government spending , what the press and politicos are avoiding is the jobs massive tax increases will cost the economy?

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Ridgewood Village Council Candidate Melanie Hooban : Lets Talk Taxes

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the staff of the Ridgewood blog

Ridgewood NJ, while one candidate is promoting another high density parking scheme for the Village of Ridgewood Central business district , Candidate Melanie Hooban out lined her views on the implications of tax increases for the village and where the money gets spent .

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Common Reasons to Hire a Family Lawyer

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There are many reasons why someone would need to hire a family lawyer. For example, if you are going through divorce proceedings, you will likely need legal counsel for your family law needs. You may also want to speak with a family lawyer before signing any agreements related to the custody of your children or other family members. Hiring an experienced family lawyer can help make these difficult decisions much easier!

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New Jersey Business Taxes Slated to Become Highest in the World

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the staff of the Ridgewood blog

Ridgewood NJ, New Jersey is  the highest business tax in the country at 11.5%. No other state even reaches double-digits level of taxation . This burden has contributed greatly to state’s rankings of the worst business climate in the U.S., 2nd worst state in the U.S. for entrepreneurs  and the worst state in the U.S. to start a business. New Jersey anti business reputation is well earned .

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Murphy Administration Hits Businesses With a $250 million Job-killing payroll Tax Increase

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the staff of the Ridgewood blog

Trenton NJ, New Jersey businesses will in the coming months face what lawmakers and industry groups expect will be a $250 million hike in the unemployment insurance payroll tax to replenish a fund depleted by millions of pandemic unemployment claims.

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Congress Introduces Tax-Preparer Regulation Legislation

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James D Brown CPA

(201) 357-5228

Ridgewood NJ, Anyone preparing a tax return for compensation must have a PTIN issued by the IRS, but there are no requirements associated with obtaining a PTIN—no advance training, no continuing education, and no ethical standards to abide by. On the other hand, CPAs, enrolled agents (EAs), and attorneys have strict ethical standards, educational or testing requirements, and continuing education requirements that keep them up to date with the latest tax-law changes.

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Federal Judge Strikes Down Ban on State Tax Cuts, Says Tax Mandate exceeds Congress’s power under the Constitution

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the staff of the Ridgewood blog

Ridgewood NJ, the Biden “stimulus plan” ban on states’ cutting taxes to revive their economies, has been over turned by a Federal judge.

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President Biden’s tax proposals would decrease the GDP by 0.9 percent and American incomes would fall by an average of 1 percent

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the staff of the Ridgewood blog

Ridgewood NJ, according to the Tax Foundation , when combining the economic impact of President Biden’s tax proposals with the benefit of infrastructure spending, we estimate that long-run GDP would decrease by 0.9 percent and American incomes would fall by an average of 1 percent, resulting in 165,000 fewer U.S. jobs. Explore our full analysis to learn more about the major tax changes President Biden is proposing, as well as the estimated long-run economic, revenue, and distributional effects of the president’s tax and spending proposals.

Continue reading President Biden’s tax proposals would decrease the GDP by 0.9 percent and American incomes would fall by an average of 1 percent