Stay updated with breaking news from Michael Karu. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
FLORHAM PARK - The borough’s Rotary Club surprised its most recent President Simone Campbell with recognition as a Paul Harris Fellow during the Friday, Jan. 12 meeting.
Tech advances have enabled businesses to expand their reach, but they also open them up to unexpected income and sales tax liabilities.
The end of December is barreling down for calendar-year business filers, but owners can still try to trim their tax bill. Here are some tips.
Will more IRS agents lead to more tax audits? We asked accounting and tax insiders and asked how businesses can keep a low profile.
What are the tax consequences of this divorce settlement? Today 9:30 PM Q. I’m in the process of a divorce. My wife is buying me out for my equity in the residence for $250,000 from her company 401(k) plan. I need the money to put a down payment on a house without incurring taxes on the money. Can I get a check as part of a divorce exemption on taxes or can my wife do a direct rollover into my IRA and then I could withdraw the money to use for a down payment without incurring the 10 percent penalty and income taxes?