Author: Herb Jackson

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The IRS won't say, but Treasury Secretary Steven Mnuchin called the idea ridiculous while New Jersey supporters say tax law supports it.       ... [Read More]
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New withholding tables published by the IRS should allow employers time to adjust workers' paychecks in response to significant changes in tax law.       ... [Read More]
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Along with updating systems and tables, tax collection agency will need to train workers and add people to answer phone calls. [Read More]
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Along with updating systems and tables, tax collection agency will need to train workers and add people to answer phone calls. [Read More]
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Deductions for charitable gifts do not face the same limit as deductions for state and local taxes, a fact California and New Jersey want to... [Read More]
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Deductions for charitable gifts do not face the same limit as deductions for state and local taxes, a fact California and New Jersey want to... [Read More]
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Nearly 3,600 out of every 100,000 New Jersey residents complained to the Federal Trade Commission last year, more than any other state. [Read More]
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Appropriations chairman reacts to federal official denying any deal was reached with New Jersey and New York to fund rail tunnel project. [Read More]
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From the confirmation of Supreme Court Justice Neal Gorsuch to the passage of a sweeping tax overhaul, the Senate majority leader claims victory.       ... [Read More]
The penalty for not buying health insurance may be gone, but most of the taxes for the Affordable Care Act are still in place.      ... [Read More]
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Obamacare still here, but penalties gone in 2019... [Read More]
Texas and Florida could each gain more than one seats, while losses are projected in Northeast and Rust Belt based on latest estimates. [Read More]
Tags: South - West - House
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Texas and Florida could each gain more than one seats, while losses are projected in Northeast and Rust Belt based on latest estimates.       ... [Read More]
Tags: West - Texas - Florida
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The 2018 deficit was projected to decline from 2017 levels, but that was before the tax bill, emergency disaster bills and increased spending. [Read More]
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Three taxes Trump said should be eliminated remain, efforts at simplification ended up adding more complication, but many rates are dropping.        ... [Read More]
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Paychecks could go up as early as this winter, but that depends on how fast the IRS acts. Businesses, meanwhile, may wait a while on... [Read More]
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The bill eliminates exemptions, cuts back deductions and lowers rates, but many of the changes for indviduals are temporary.        ... [Read More]
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Finalizations to the GOP tax bill included a boost to the child tax credit to appease Sens. Marco Rubio and Mike Lee, but it still... [Read More]
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Sen. Marco Rubio has said he would oppose the tax bill, and Sen. Mike Lee was wavering, to get a bigger benefit for low-income families.... [Read More]
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Sen. Marco Rubio had said he would oppose the tax bill, and Sen. Mike Lee was wavering, to get a bigger benefit for low-income families. [Read More]
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