The New Jersey pension exclusion has a strict income cutoff.(pixabay.com) Q. If my annual New Jersey pension is $106,000 and will continue for my life, is there any way I can reduce New Jersey gross income to take advantage of the pension exclusion? Or will I never qualify?
-- Paying too much A. In 2016, legislators increased the gasoline tax. That bill had a number of other items tacked onto it. Among then was a new $3,000 tax deduction for all veterans who have had an Hono
If you don't have enough money to pay your taxes, you have options. (pixabay.com) Owing money to the Internal Revenue Service (IRS) is an awful feeling. If you don't pay, you could face hefty penalties and interest charges. The IRS can garnish your wages, put a lien on your home and take other steps that will make your life very uncomfortable. But you have options. Here's a rundown of what you should and shouldn't do if you can't pay your tax bill. What happens first The IRS