Business & Finance

May 9, 2021

LIVINGSTON, NJ — The nearly 1,600 attending physicians at Saint Barnabas Medical Center (SBMC) recently elected leaders among the group to serve two-year terms as Medical Staff Officers. Inducted at the Quarterly Medical Staff Meeting in April were Alan Garten, MD, who will serve as Medical ...

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LIVINGSTON, NJ — Demolition has officially begun at the former Northfield Baptist Church at the corner of South Livingston Avenue and East Northfield Road, where the township recently approved an application by Livingston Builders, LLC, to create a mixed-use residential and retail development at ...

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LIVINGSTON, NJ — When it comes to filing taxes for diverse sources of income, Michael H. Karu, CPA/CFF, senior member of the Livingston-based accounting and consulting firm Levine, Jacobs & Company, LLC, recently advised New Jersey residents on what they should consider as taxable ...

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VERONA, NJ — Three local Essex County middle school students have turned a passion project into a business, launching JAÉ Candles and Co. Jada Bednar and Ellie Ghingo (seventh-graders at H.B.Whitehorne Middle School in Verona) and Ava Tsettos, (a West Caldwell seventh-grader at Grover Cleveland ...

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NEW JERSEY — New Jersey was ranked as the state with the seventh highest overall tax burden, a 9.98% overall state tax, according to personal finance website WalletHub’s  2021 Tax Burden by State report. Nearby New York was the highest taxed state in the nation. What accounts for New Jersey's ...

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WEST CALDWELL, NJ — TruYou Dental held a ribbon-cutting ceremony to launch the opening of its business in downtown West Caldwell on Wednesday. Councilmen Stephen Wolsky and Joe Cecere were on hand for the occasion. TruYou Dental uses a team approach to enhance the experience of its ...

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WASHINGTON, D.C. — The Treasury Department and Internal Revenue Service announced Wednesday that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15 to May 17, 2021. The IRS will be providing formal guidance in the coming ...

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OAKLAND, Calif. — The Consumer Technology Association (CTA) Small Business Council has honored Caldwell resident Robert Heiblim, the co-founding partner of bluesalve, with a tribute resolution in recognition of his distinguished service to the consumer electronics industry.  Bluesalve is a ...

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LIVINGSTON, NJ — The Board of Trustees at Saint Barnabas Medical Center (SBMC) recently elected Rahul V. Pawar, MD, Neuroradiologist, as its newest member. According to Board Chairman Bruce Schonbraun, who has known Dr. Pawar for many years, Pawar’s “clinical expertise, active community ...

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LIVINGSTON, NJ — In response to the State of New Jersey’s recent adoption of the New Jersey Business Alternative Income Tax (BAIT)—which allows a pass-through business to remit and deduct (for federal purposes only) the New Jersey Gross Income Tax on the taxpayer’s behalf—Michael Karu, ...

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NEW JERSEY -- A new program called Sustain and Serve NJ has been launched by the NJEDA that enables struggling New Jersey restaurants to prepare meals that would be distributed to nonprofit organizations to feed for needy residents. Sustain and Serve NJ is a COVID-19 relief effort that helps ...

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LIVINGSTON, NJ — In response to an NJMoneyHelp.com reader’s question as to whether she will own an exit tax on her New Jersey home now that she is a resident of Florida, Michael Karu, CPA/CFF, senior member of Livingston’s award-winning accounting firm Levine, Jacobs & Company, LLC, recently ...

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LIVINGSTON, NJ — The Leapfrog Group, an independent national watchdog organization, has once again awarded Saint Barnabas Medical Center (SBMC) an “A” for achieving the highest national standards in patient safety, marking the hospital as on of only 29 in the country to be awarded an “A” in every ...

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ESSEX COUNTY, NJ —  Essex County is allocating $9 million to create the Essex County Small Business Lease Emergency Assistance Grant. This grant funding is designed to help small businesses and non-profit agencies in Essex County that have been negatively impacted by the coronavirus pandemic pay ...

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TRENTON, NJ – Gov. Phil Murphy announced Thursday that he will sign an Executive Order giving municipalities and counties the option to regulate the operating hours of non-essential businesses after 8:00 p.m. He noted that often, as the night progresses, people let their guard down (when it comes ...

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LIVINGSTON, NJ — Michael H. Karu, CPA/CFF, senior member at the Livingston-based accounting firm Levine, Jacobs & Company, LLC, was recently asked to offer advice on the best way for New Jerseyans to protect their assets. In a segment on NJMoneyHelp.com, a reader with three rental properties ...

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LIVINGSTON, NJ — RWJBarnabas Health recently announced that Short Hills resident Cori Wilf has been named as a member of the Board of Trustees at Saint Barnabas Medical Center (SBMC) in Livingston. Board chair Bruce Schonbraun stated that Wilf will be joining the group “at a historic time” as ...

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NEW JERSEY — Bar and restaurant owners across New Jersey will be able to toast this week to the latest expansion on liquor license permits - initially triggered to help businesses weather the coronavirus pandemic while serving outdoors.  “For many of our residents having the ability to serve ...

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WEST CALDWELL, NJ — One of the new commercial businesses opening in West Caldwell will be a new Amazon fulfillment center, which will be housed in a 200,000-square-foot facility.  According to West Caldwell Mayor Joseph Tempesta, speaking during Tuesday's meeting of the Township Council, the ...

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LIVINGSTON, NJ — With more than 34,000 employees, 9,000 physicians and 1,000 residents and interns, RWJBarnabas Health (RWJBH) has been recognized as an “America’s Best-In-State Employer 2020” by Forbes business magazine and Statista Inc., the world-leading statistics portal and industry-ranking ...

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LIVINGSTON, NJ — Saint Barnabas Medical Center (SBMC) was recently one of eight RWJBarnabas Health (RWJBH) facilities to be recognized and re-designated as a “Leader in LGBTQ Healthcare Equality” by the Human Rights Campaign (HRC) Foundation—the educational arm of America's largest civil rights ...

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TRENTON, NJ — After a review of fuel consumption statistics, the New Jersey Department of the Treasury announced on Friday that lower fuel consumption trends, caused by the COVID-19 pandemic, will result in a gas tax increase of 9.3 cents per gallon in October. The Treasury Department says that ...

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PARSIPPANY, NJ - The parent company of Kings Food Markets and Balducci's Food Lover's Market, KB US Holdings, Inc., announced it has filed for Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of New York. The filing follows a buyout offer from New York investment firm ...

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ESSEX COUNTY, NJ — The days of walking to Bloomfield Avenue or Eagle Rock Avenue to catch the 33 or 66R to Port Authority and Wall Street are on hold at least until September effective Aug. 7 according to a statement by DeCamp Bus Lines.  The 150-year-old Montclair based company which began ...

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NEW JERSEY — Jewish homes across New Jersey have been opening their mailboxes each week for generations, and receiving news of interest about the Jewish world around them in the New Jersey Jewish News: from the hyper local — such as start times for holiday services at different synagogues and who ...

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TRENTON, NJ -- Gov. Phil Murphy surprised restaurant owners who had been preparing for the return of indoor dining on Thursday, July 2, by announcing just four days before that indoor seating would be delayed indefinitely.  Having spent money ordering food, retraining workers, and purchasing PPE ...

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TRENTON, NJ -- Although he planned to loosen restrictions on indoor dining in New Jersey on Thursday, July 2, Gov. Phil Murphy announced at his daily COVID-19 press conference Monday that he will delay the reopening. He provided no timetable of when indoor dining -- even at reduced capacity -- ...

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TRENTON, NJ -- Gov. Phil Murphy announced during his daily COVID-19 press conference today that indoor portions of retail shopping malls may reopen on Monday, June 29. It won't be business as usual, however. He is requiring masks to be worn, and all stores will be limited to 50% capacity.

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LIVINGSTON, NJ — Michael H. Karu, CPA/CFF, senior member of the Livingston-based accounting firm Levine, Jacobs & Company, LLC, was highlighted on NJMoneyHelp.com, where he answered the following question: “My husband and I moved from New Jersey to Massachusetts two years ago. He has been ...

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LITTLE FALLS, NJ — In New Jersey Family’s first-ever Mompreneur of the Year contest, which recognizes small businesses owned and operated by New Jersey mom, Caldwell mother of four Taryn Lagonigro was named the runner-up in the “Wellness and Fitness” category for her business, Iris Mind + ...

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