Lawmakers insist middle class households are bearing the brunt and say they'll use GOP legislators' desire to clean up the bill as leverage to pass this restoration.
Join NJTV News business correspondent Rhonda Schaffler for Know Jersey: Finances -- a show that explores common financial topics facing New Jersey residents.
Know Jersey: Finances is a digital ...
7th Congressional District Representative-Elect Tom Malinowski says on House leadership, he's waiting to see who will help him deliver on the Gateway tunnel and restore the SALT deduction.
Gov. Phil Murphy flanked by legislative leadership, fired back on an IRS decision not to honor charitable deduction workarounds. The tax bill -- singed into law earlier this year, created at $10,000 ...
The general election begins in earnest as 11th Congressional District candidates Mikie Sherrill and Jay Webber spar over the "abolish ICE" movement, the SALT deduction cap and extending the National ...
Could New Jersey be headed to court over the federal law limiting state and local tax deductions?
The bill instructs New Jersey’s Departments of the Treasury and Community Affairs to set up the regulatory framework. In participating towns, tax collectors will get guidelines for a system of ...
Amid talk about how the new federal tax law might impact New Jersey, a high-level working group has been set up to take a big picture view of taxes in the state.
Sidamon-Eristoff warns that popular proposals, like the charitable deduction, are just "gimmicks" that won't work in the end.
For a huddle of Monmouth County mayors, it probably feels like throwing a Hail Mary pass. But their residents pay such back-breaking property taxes, they’re willing to try.
In just over three weeks since the inauguration, there are signs of tension between the newly installed governor and the long-established Senate president.
Our new governor has only been in office for a few days, but already Phil Murphy is taking several actions that will impact workers and businesses in New Jersey.
A battalion of New Jersey Democrats, including Governor-elect Phil Murphy, voted to fight back against the GOP tax reform measure that capped state and local tax deductions at $10,000.
New Jersey has seven of the top 10 counties in the U.S. when it comes to losers in home price decline across the country.
Rep. Tom MacArthur, who voted for the Congressional tax overhaul, discusses how it will affect New Jerseyans.