Business & Finance

April 25, 2021

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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Right at Home, an organization that offers in-home care and assistance for seniors and adults with disabilities, was previously located on Park Avenue in West Orange. A ribbon-cutting commemorating the opening of their new location was held on April 20th. In attendance, while caregivers looked ...

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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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WEST ORANGE, NJ — The West Orange Chamber of Commerce will be holding a virtual St. Patrick's Day Business Parade next week. Wednesday, March 17, from 1 to 2 p.m., the WOCC encourages business owners in town to introduce themselves and network with professionals proprietors of other local ...

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WEST ORANGE, NJ — The Board of Trustees of the West Orange Public Library (WOPL) recently unveiled the proposed design for a new state-of-the-art library facility to be located at 10 Rooney Circle.  Designed by Arcari + Iovino Architects, the new facility would feature more than 30,000 square ...

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NEW JERSEY -- New Jersey was rated the worst state to retire, according to personal finance website WalletHub's annual ranking of 2021’s Best States to Retire. What's the biggest reason for New Jersey's last place ranking? "The biggest reason New Jersey finished last is affordability. It has ...

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LIVINGSTON, NJ — The Township of Livingston has been abuzz over the last week as news of the potential closing of Kings Food Market at 255 S. Livingston Avenue spread throughout the community, but the outpouring of support from residents and township officials has led the new owners to confirm ...

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TRENTON, NJ – Gov. Phil Murphy has signed Executive Order No. 219, increasing indoor capacity limits from 25% to 35% for food and beverage establishments, and entertainment and recreational businesses, effective Friday, Feb. 5, at 8 a.m. The governor also lifted the 10:p.m. curfew for in-person ...

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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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TRENTON, NJ  - Local seniors still have time to apply for the Senior Freeze Program. The deadline for Senior Freeze property tax relief program was recently extended to February 1, 2021. The Program is a property tax reimbursement program for eligible seniors and disable residents. In order to ...

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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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WEST ORANGE, NJ — Parking will be free all month on Main Street in the township, the Downtown West Orange Alliance announced last week. Until January, shoppers who park on Main Street in West Orange won't be required to feed a parking meter.  "It's now easier than ever to shop local! Take ...

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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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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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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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WEST ORANGE, NJ — The West Orange Chamber of Commerce has appointed Georgia Varidakis Simoes as its new executive director.  "We welcome Georgia to the role of Executive Director. A local resident, she has extensive experience working with the business community and is passionate about helping ...

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LIVINGSTON, NJ — Robert and Michael Gonnello, the brothers behind Livingston’s new family-owned doggy daycare, grooming and boarding facility, welcomed members of the Livingston Township Council and the Livingston Area Chamber of Commerce to The Barker Lounge on Monday for a celebratory ribbon ...

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WEST ORANGE, NJ — Mayor Robert Parisi welcomed two new neighboring businesses to town with a ceremonial ribbon-cutting at 474 Prospect Ave. in the rear of the Glen Rock Savings Bank building this week. Social distancing guidelines were observed during the dual ceremony.  Parisi was joined by ...

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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 — 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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PISCATAWAY, NJ -- Gov.Phil Murphy today delivered his revised $32.4 billion Fiscal Year 2021 Budget -- including "revenue raisers," such as higher taxes on New Jersey millionaires, a "baby bond" of $1,000 for babies born in 2021, spending cuts, $4 billion in borrowing, and a $2.2 billion closing ...

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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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LIVINGSTON, NJ — Knowing that choosing a pet care provider should be taken as seriously as choosing a childcare provider, brothers Robert and Michael Gonnello are making that decision easier for Livingston-area residents by bringing a highly successful doggy day care franchise to the ...

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