Tag: taxes

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New Bill Looks to Spur Research and Investment in New Jersey

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Assemblyman DePhillips moves to make New Jersey America’s innovation leader

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Trenton NJ,  New Jersey’s corporate business tax has led to an exodus of investment in the state once called the nation’s medicine chest. New Jersey is fifth out of seven states in the region for innovation, according to an NJBIA study, and experienced the largest loss of undergraduate students by more than 21,000.

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New Jersey legislators Do Nothing as the State Falls Apart

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the staff of the Ridgewood blog

River Vale NJ, New Jersey legislator controlled by the Democrats continues to do absolutely nothing when it comes to running the state or improving running the state . Assemblywomen Holly Schepisi some’s it all up in a Facebook post:

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New Jersey Is 2021’s Worst State to Retire In

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the staff of the Ridgewood blog

Ridgewood NJ, with 26 percent of all nonretired adults having no retirement savings or pension and a quarter of Americans expecting to delay their retirement due to the economic impact of COVID-19, the personal-finance website WalletHub today released its report on 2021’s Best States to Retire, as well as accompanying videos.

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Bergen County Historical Society : the Stamp Act in Pictures with Writer Marta Black

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the staff of the Ridgewood blog
New bridge landing  NJ,  the Stamp Act in Pictures: Writer Marta Black will use cartoons and drawings from the 1700s to discuss the Stamp Act and the causes of the American Revolution. January 10, 2021, 2 pm.
BCHS Zoom Lecture – Free, no charge, option to make a donation.

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New Jersey Challenges New York State Law that Directly Taxes the Income of Out-of-State Residents Working from Home

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the staff of the Ridgewood blog

Ridgewood NJ, Acting to protect its residents from unfair and costly “double taxation,” New Jersey today filed a U.S. Supreme Court amicus brief in a case challenging the right of states to levy an income tax directly on non-residents for income they earned while working from home in their states of residence.

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Hunter Biden faces federal investigation over ‘tax affairs’

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the staff of the Ridgewood blog

Washington DC, the presumed President-elect Joe Biden’s son Hunter said Wednesday that his “tax affairs” are under federal investigation, putting a renewed spotlight on the questions about his financial dealings that dogged his father’s campaign.

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Accounting Specializations to Consider for Your Career

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Jobs in finance, be it accounting, bookkeeping, or tax preparation, are always in demand. If you’re looking for a career with security and reasonable remuneration, it’s a great option. All businesses need financial help, from a team of specialists for larger firms to consulting once or twice per year for smaller businesses. There are many different specializations within the finance industry, and choosing one that appeals to you will make your career more rewarding.

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The Advantages of Hiring a Reliable Accountant to Do Your Business’ Taxes

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There are many vital reasons why using an accountant is important for your business. A business accountant can make your life easier by handling your business taxes. Not only will this save you time and money, but it will also benefit you in the long run. 

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Biden’s Tax Plan Spells Doom for New Jersey

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the staff of the Ridgewood blog

Ridgewood NJ, former vice president and Democratic presidential nominee Joe Biden’s tax plan takes another shot at the tri-state area . CNBC has already reported the massive tax increases to New Jersey, and New york residents . According to CNBC some New Jersey residents will be paying as much as 60% in taxes, New York State 58% , and New York City 62% .

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Rapper 50 Cents Says ,’IM OUT’ after look at Biden’s Proposed Massive Tax Increases

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the staff of the Ridgewood blog

Ridgewood NJ, The Biden campaign has proposed increasing the federal corporate tax rate to 28 percent and returning the top individual federal personal income tax rate to 39.6 percent while applying payroll taxes to earnings above $400,000. Top tax rates on capital gains and dividends would rise significantly.

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Murphy’s Financial Transaction Tax Will Chase Wall Street Data Centers Out of New Jersey

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Assemblywomen Holly Schepisi
Mahwah NJ, On Monday a hearing will be taking place in Trenton to consider another tax, the Financial Transaction Tax which would impose a financial transaction tax on any persons or entities that process 10,000 or more financial transactions through electronic infrastructure located in New Jersey during the year.

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Astonishing Collapse in Labor Participation Rate in New Jersey

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the staff of the Ridgewood blog

MORRISTOWN NJ,  On October 15th, New Jersey’s Department of Labor and Workforce Development issued the monthly jobs report for September 2020. Dr. Charles Steindel, former Chief Economist of the State of New Jersey and current Resident Scholar, Anisfield School of Business at Ramapo College, analyzed the report for the Garden State Initiative:

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Combat Zone Pay Now Exempt from Governor Murphy Tax Grab

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U.S. Soldiers Serving in War Zones Earn an Additional $225 Per Week in Military Pay

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Ridgewood NJ, Service members deployed to dangerous war zones overseas are no longer subject to State Income Tax for combat zone pay under a new law sponsored by Senator Kristin Corrado and signed today by Governor Murphy.

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New Jersey is the ONLY State in the Nation to Ban Recyclable Paper Bags

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the staff of the Ridgewood blog
Upper Saddle River NJ, Assemblywomen Holly Schepisi on the New Jersey’s paper bag ban , ” Yesterday New Jersey voted to ban PAPER BAGS. No one, including the sponsor of the bill, could explain why we are the ONLY State in the nation to ban recyclable paper bags other than “we are the most environmentally progressive State.” If that statement was true and if we truly wanted to stop environmental harm in this State why have the legislators and the Governor refused to move forward any legislation that would stop the massive overdevelopment taking place in each of our communities?”

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$4 billion in New Borrowing Submitted by Governor Murphy is Wholly Irresponsible

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the staff of the Ridgewood blog

Trenton NJ, Several bills up for committee votes today will make the proposed FY2021 budget revision go from bad to worse, the New Jersey Business & Industry Association testified today.

NJBIA Vice President of Government Affairs Christopher Emigholz told the Assembly and Senate Budget committees today that adding another $500 million in borrowing to the already unnecessary $4 billion in borrowing submitted by Gov. Phil Murphy is wholly irresponsible.

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