West Essex, NJ Business & Finance Section

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Levine, Jacobs Senior Member Offers Insight on 401(k) Income and New Jersey Tax

By DANIELLE SANTOLA

March 27, 2022

LIVINGSTON, NJ — Michael H. Karu, CPA/CFF, Senior Member of Levine, Jacobs & Company, LLC, in Livingston recently explained 401(k) income and pension exclusion rules as it applies to New Jersey taxes.

In response to a retired reader of NJMoneyHelp.com who inquired about whether someone is eligible for the pension exclusion if his or her only income is from a ...

Livingston Accountant Offers Advice on Business Loans and Taxes

LIVINGSTON, NJ — Michael Karu, CPA/CFF, senior member of Levine, Jacobs & Company, LLC, in Livingston recently shared insight on the process of taxes and business loans.

Karu shared his expertise in response to a reader of NJMoneyHelp.com who is starting a new business in New Jersey who inquired about how to avoid being taxed on a loan of $250,000 for the ...

A Week After 'Sticker Shock', Pain Remains at Gas Pumps in West Essex

CALDWELL, NJ -- One week after area gas prices jumped by as much as 25 percent on 48 hours, the cost of a gallon of regular gas remains well above $4 per gallon in western Essex County.

According to Monday morning's rates posted on GasBuddy.com, the lowest price of regular per gallon in Caldwell was $4.15 at Importech at 250 Bloomfield Ave. The Shell station at 803 Bloomfield Ave. was ...

Levine, Jacobs & Company Senior Member Offers Insight on Taxes and Federal Pensions

LIVINGSTON, NJ — Michael H. Karu, CPA/CFF, senior member the Livingston-based accounting firm Levine, Jacobs & Company, LLC, recently shed light on how federal pensions are taxed in New Jersey, explaining to taxpayers that the rules can be quite confusing.

In an article titled, “How will N.J. tax my federal pension?” Karu stated that a pension is taxable a soon ...

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New Brunswick Mayor Cahill Urges Approval of RWJBarnabas Health Transaction with Saint Peter’s HealthCare System

By RWJBARNABAS HEALTH

New Brunswick, NJ – New Brunswick Mayor James M. Cahill has thrown his support behind the transaction between Saint Peter’s HealthCare System (“Saint Peter’s”) and RWJBarnabas Health (“RWJBH”), which will lead to the creation of a premier academic medical center (“premier AMC”) in New Brunswick.

“Today, New Brunswick residents in need ...

By RWJBARNABAS HEALTH

New Brunswick, NJ – The Statewide Hispanic Chamber of Commerce of New Jersey ("SHCCNJ") threw its support behind the proposed transaction between RWJBarnabas Health (“RWJBH”) and St. Peter's HealthCare System, which will lead to the creation of a premier academic medical center (“premier AMC”) in New Brunswick.

In a letter to the Federal Trade ...

AACCNJ Chief of Policy and External Affairs Ferlanda Fox Nixon, Esq.

By RWJBARNABAS HEALTH

New Brunswick, NJ – Access to quality medical care in New Jersey is vital to underserved populations. That's why the African American Chamber of Commerce of New Jersey (“AACCNJ”) announced its support for the proposed transaction between RWJBarnabas Health (“RWJBH”) and Saint Peter’s Healthcare System in New Brunswick, which will lead to the creation of New ...

RWJ University Hospital in New Brunswick, NJ

By RWJBARNABAS HEALTH

New Brunswick, NJ – RWJBarnabas Health (“RWJBH”) and Saint Peter’s Healthcare System (“Saint Peter’s”) announced that the State of New Jersey has approved their transaction to create New Jersey’s first premier academic medical center (“premier AMC”) located in New Brunswick.

“This is a tremendous milestone in a years-long ...

Studies of the Future: Clinical Trials for Breast Cancer at Cooperman Barnabas Medical Center

By SAMANTHA ANTON

May 18, 2022

Cooperman Barnabas Medical Center, in Livingston, has been at the forefront of the treatment of breast cancer for decades. One way the hospital maintains its reputation as one of the best in the tri-state area is by participating in clinical trials, which are research studies that help determine if a new drug would be effective in treating a specific condition. In partnership with Rutgers ...

Missing Woman, Last Seen at JCC on Northfield Avenue in West Orange

By WEST ORANGE POLICE DEPARTMENT

May 21, 2022

MISSING PERSON

The police are requesting the public's assistance in locating a Missing Person.

Caren was last seen walking out of the JCC on Northfield Avenue in West Orange today (May 20) around 11 a.m. wearing a white shirt and purple pants (see the second photo). She does not drive.

Caren is approximately 5'4' tall and 120 pounds.

If anyone has any ...

Verona Police Take Juvenile into Custody After Stolen Jeep Hits Building

VERONA, NJ -- Verona police officers responded to the area of Bloomfield Avenue and Linn Drive in the early hours of Sunday, May 15 after a resident reported observing someone peering into a parked vehicle.

Upon arriving on the scene, Lt. Greco, Sgt. Scheper and Officer Saldutto observed a silver Jeep Grand Cherokee that was stolen from Rockaway. Police said that the Jeep then fled ...

Car Crashes into Building in Downtown Verona Wednesday

VERONA, NJ -- A car plowed completely through the side of a medical building in downtown Verona Wednesday morning.

At approximately 7 a.m., officers responded to First Care Medical located at 50 Pompton Ave. on a report of a vehicle into the building. The driver was evaluated by the Verona Rescue Squad on scene and transported to a local area hospital for further evaluation, ...

Gas Prices in New Jersey Reach Another Record High

By TAPINTO STAFF

May 18, 2022

NEW JERSEY — Gas prices in New Jersey have reached another all-time high.

The average price of a gallon of unleaded reached $4.72 on Wednesday, May 18, 2022. That's up seven cents from the day before, 23 cents from last week and nearly 70 cents from last month. Those figures are according to AAA.

The Newark and Trenton areas are paying the most statewide, according ...

Hawthorne 10-Year-Old Holds Epic Lemonade Sale to Raise $5,000 for Young Girl with Cancer

HAWTHORNE, NJ - When 10-year-old Peyton Cohen decided to host a lemonade fundraiser for Natalie Ferguson, a 4-year-old battling brain cancer, Peyton had no idea how it would catch on, or that she could raise thousands of dollars in a single day. But word of the lemonade fundraiser spread throughout the town and brought an epic response.

“It was amazing! We had cars going all the way ...

Thick Smoke From Tuesday Fifth-Alarm Fire at Elizabeth Waste Management Facility Seen Across North Jersey, NYC

ELIZABETH, NJ - A Fifth-Alarm Fire at the Waste Management facility on Julia Street Tuesday sent thick smoke throughout North Jersey and could even be viewed in New York City.

The City of Elizabeth reports receiving a phone call about the fire at approximately 2:00 p.m. Tuesday. The fire is believed to be started by machinery at the plant.

The homes surrounding the plant were ...