New Jersey State

FinanceBuzz

Whether you're filing your own taxes or you are a professional, understanding what income the IRS doesn’t tax can be very helpful. Here are 10 types of earnings that are not taxed.

10 Types of Income the IRS Will Not Tax in 2024 (Thankfully!)

NJ Spotlight

There’s still plenty of time to apply. The deadline to file for 2023 tax year is Oct. 31. The latest round in the Senior Freeze property-tax relief program began July 15, with the first reimbursement checks issued. The New Jersey Department of the Treasury’s Division of Taxation said it will continue issuing weekly reimbursements as more applications are filed and approved.

Senior Freeze property-tax relief checks are flowing

Editor's Note: This story originally appeared on Point2. These days it’s more important than ever to save a little bit of cash here and there. So, if you want to put some money aside, tax credits and deductions can be a fantastic place to start. While we often hear...

8 Tax Deductions You May Qualify for When Renting a House

McPhersonBuzz News

The IRS will soon issue tax refunds to help with expenses, while upcoming changes to Social Security work credits and proposed tax reforms in “Project 2025” could affect your retirement planning and financial stability. IRS Tax Refunds Coming Soon – What You Need to Know About Social Security Work Credits and 2025 COLA According to […]

$1,730 to Earn One Credit: IRS Tax Refunds, Social Security Work Credits, and “Project 2025” Tax Reforms – What You Need to Know!

WashingtonExaminer

Sen. J.D. Vance (R-OH) said he believes the child tax credit should be expanded to more of what it has been under President Joe Biden’s administration. When asked on CBS News’s Face the Nation if he agreed with Biden’s child tax credit, Vance said it “should be bigger.” The child tax credit is a tax […]

Vance advocates for expanding child tax credit ‘it should be bigger’

The Motley Fool

Retirees in These 9 States Risk Losing Some of Their Social Security Checks

Saint Lucie County, FL

The US Sun

AMERICANS might have the chance to snag $66,270 in unclaimed checks. There is a mass of people eligible for payments ranging from $14 to $4,614. The Clerk of the Circuit Court and Comptroller’s website for St. Lucie County, Florida features a list of 123 individuals eligible for restitution payments and bonds. The list also includes […]

Americans can pocket up to $66,270 in unclaimed checks – the three steps to take to get your cash

South Carolina State

Missouri State

Money

After the federal government finished sending out the last of its COVID stimulus checks, many states took up the mantle, using special funding and budget surpluses to issue their residents tax rebates in 2022. This "state stimulus check" trend continued last year, with a couple of states sending refunds up to $200 (in Virginia) and rebates up to $1,000 per taxpayer (in New Mexico).

3 States That Are Still Giving Out Tax Rebates

Polk County, FL

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Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

You shouldn't touch your 401(k), but we understand things can happen. Here are 9 ways to make penalty-free withdrawals from your 401(k).

9 Times an Early 401(k) Withdrawal Won't Cost You Penalty Fees

There are benefits to 401(k) plans, but there are numerous drawbacks, too.

Forget 401(k)s: Here's Why IRAs Are a Much Better Choice for Your Retirement Savings.

U.S. tax authorities have unveiled a revised form for crypto investors, with the aim of simplifying digital asset holders’ taxes. The 1099-DA, released as a draft on Friday, offers more “ease and clarity” to tax filers with crypto investments, the IRS said Friday in a statement. The revamped form omits requirements from its previous iteration, including questions that some digital asset proponents considered intrusive to crypto holders’ privacy.

IRS Updates Crypto Tax Form, Drops Wallet Address Requirement

Newark, NJ

Morristown Minute

NEWARK, N.J. – An Essex County man has been charged with numerous offenses related to narcotics distribution and firearms trafficking. Kyrell Domnie, 39, of Irvington, known by the alias "Fly Ky," was charged by complaint and appeared before U.S. Magistrate Judge Cathy L. Waldor in Newark federal court on July 17, 2024. He remains detained following the hearing.

Convicted Felon Faces Multiple Narcotics and Firearms Charges

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

The IRS has issued final regulations on inherited IRAs under the SECURE Act. The rules require most non-spouse beneficiaries to deplete inherited retirement accounts within ten years and take annual Required Minimum Distributions (RMDs). This marks a significant change from the previous lifetime “stretch” withdrawal option. The 10-year...

IRS issues new RMD rules for IRAs

Pennsauken Township, NJ

Sicklerville, NJ

Charges include altering and cashing stolen checks, with potential penalties up to 30 years in prison. Four men from South Jersey have been officially charged with conspiracy to commit bank fraud, as announced by U.S. Attorney Philip R. Sellinger. The defendants—Tracy Felder-Carter, 23, of Blackwood; Dante Ford, 28, of Pennsauken and Sewell; Quamell Keyes-Griffin, 21; and Donovan Bunch, 22, both of Sicklerville—appeared today before U.S. Magistrate Judge Elizabeth A. Pascal.

Jersey Men Charged in Stolen Mail Check Fraud

SmartAsset

When you sell an asset for more than you paid for it, the profit you make is considered a capital gain and must be reported to the IRS. Understanding how to use Schedule D to report these gains will help you file your taxes accurately and avoid potential penalties. If you have questions about how […] The post How to Report Capital Gains on Your Tax Return With Schedule D appeared first on SmartReads by SmartAsset.

How to Report Capital Gains on Your Tax Return With Schedule D

North Carolina State

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Town Talks

In North Carolina, the divorce process can be challenging, particularly due to the mandatory one-year separation requirement. This law mandates that couples must live separately for at least a year before filing for divorce, a rule that can be frustrating for many.

You might be granted a divorce in North Carolina if your spouse is ‘incurably insane.’ Here’s how

NewsBreak

New way to file federal income tax returns, free and easy

More than 1 million NJ residents could be eligible for ‘Direct File,’ starting next year. Many New Jersey residents will soon have a new way to...

New way to file federal income tax returns, free and easy

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