13 July 2010
Nobody likes a tax hike. It especially hurts when you’re already tops for taxes in the nation. New Jersey, which holds the distinction of having the highest tax burden in the nation for three years running, has been pushing back at a budget with increases that Governor Christie (R) insists are necessary. This week, the [...]
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10 March 2009
Traditionally, taxpayers who owned homes could only deduct state and local real estate taxes if they opted to itemize their deductions. However, for the tax years 2008 and 2009, taxpayers who opt for the standard deduction are getting a break: there is an additional standard deduction for those who pay state or local real estate [...]
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