Category Archives: New Jersey

Taxes Matter (2018 Version), Part 1

Posted on May 3, 2018 by Russ

Those on the left constantly chirp that taxes don’t matter. Those of us who prepare tax returns can state as fact you’re wrong. I moved my business because of taxes and regulations. Here are two other examples from today that … Continue reading →

Posted in Legislation, New Jersey, Washington State | Comments Off on Taxes Matter (2018 Version), Part 1

Yes, Two States Rank Lower than California

Posted on November 17, 2015 by Russ

It’s not all bad news in the Tax Foundation’s 2016 State Business Tax Climate Index for California. You could always be in New York or New Jersey. Still, it’s better to be elsewhere. Two excerpts from the article note why … Continue reading →

Posted in California, Nevada, New Jersey, New York | 1 Comment

State Financial Health: Alaska, Dakotas on Top, Illinois, New Jersey, Massachusetts and Connecticut on the Bottom

Posted on July 7, 2015 by Russ

The Mercatus Center at George Mason University released a study today ranking the 50 states on their financial health. Here are the top six states: 1. Alaska (8.26) 2. North Dakota (2.97) 3. South Dakota (2.84) 4. Nebraska (2.75) 5. … Continue reading →

Posted in Alaska, California, Connecticut, Illinois, Massachusetts, New Jersey, North Dakota, South Dakota | Comments Off on State Financial Health: Alaska, Dakotas on Top, Illinois, New Jersey, Massachusetts and Connecticut on the Bottom

New Jersey Tries Hail Mary on Sports Betting; Will IRS Intercept?

Posted on September 9, 2014 by Russ

Yesterday, Governor Chris Christie of New Jersey announced that New Jersey would not prosecute any casino or race track that offered sports betting. This is in spite of a federal court ruling that New Jersey’s sports betting law was unconstitutional. … Continue reading →

Posted in Gambling, New Jersey | 1 Comment

Former Chairman of Woodland Park, NJ Democratic Committee Bribes His Way to ClubFed

Posted on March 2, 2014 by Russ

The IRS has its problems, but accepting bribes isn’t one of them. The former chairman of the Woodland Park, New Jersey Democratic Committee found that out the hard way. Michael Kazmark didn’t pay his 1997-2005 federal taxes; he owed just … Continue reading →

Posted in New Jersey, Tax Fraud | 1 Comment

The Flow of AGI from One State to Another

Posted on July 20, 2013 by Russ

From watchdog.org comes an interesting interactive map showing how money has flowed from state to state. Back when I moved to Nevada from California, I noted this issue. Here’s yet more verification that this is real. The five biggest losers … Continue reading →

Posted in Arizona, California, Illinois, Nevada, New Jersey, New York, North Carolina, Ohio, Texas | 1 Comment

Hurry Up and Wait: What the New Jersey Online Gambling Bill’s Passage Really Means

Posted on February 26, 2013 by Russ

New Jersey Governor Chris Christie signed into law a bill authorizing online gambling in New Jersey. I’ve seen tweets from friends saying things like, “Great! Christie legalizes online poker in New Jersey.” Well, that’s not exactly what happened. While I’d … Continue reading →

Posted in Gambling, New Jersey | Comments Off on Hurry Up and Wait: What the New Jersey Online Gambling Bill’s Passage Really Means

What $4.95 Buys These Days

Posted on January 15, 2013 by Russ

Living in Las Vegas gives me, at times, a very jaded perspective on life. I see individuals who otherwise pinch pennies spend $100 on bottle service at a club (or $4.95 for a thimble-sized amount of alcohol). You can still … Continue reading →

Posted in New Jersey, Tax Preparation | Tagged | Comments Off on What $4.95 Buys These Days

New York Extends Tax Deadlines Because of Sandy; Expect the IRS, New Jersey, Pennsylvania and Others to Follow

Posted on October 29, 2012 by Russ

The New York State Department of Taxation and Finance announced that they have extended all tax deadlines falling from October 26 to November 14 to November 14th because of Hurricane Sandy. I expect similar actions to be taken by the … Continue reading →

Posted in IRS, New Jersey, New York, Pennsylvania | Tagged | 1 Comment

Why I’m Happy to be in Nevada and Not in California

Posted on October 9, 2012 by Russ

The Tax Foundation released its 2013 State Business Tax Climate Index today. Last year, I was a California resident; in the 2012 Index, California ranked 48th out of 50 states. I now reside in Nevada, which ranks 3rd out of … Continue reading →

Posted in California, Michigan, Nevada, New Jersey, New York | Tagged , | 1 Comment