2022 Refund Payments and Processing For 2021 Tax Returns Likely To Face Long Delays

With the pandemic entering it’s third year and ongoing staffing shortages, the IRS has confirmed what many have known – tax return processing and refund payments will likely take longer than expected this year. A trend that was clear last year, IRS refund processing and payments may get even worse …

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New Jersey (NJ) Taxes and Considerations For 2021-2022 Tax Season – Checking Your Refund Status, Payment Delays and Getting a Live Agent

With the latest tax season upon us it is worth reviewing some of the key tax changes for New Jersey residents and tax filers. As a relatively high taxing state with higher than average incomes it is no surprise that taxes are a hot button topic in New Jersey. The …

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How President Biden’s Recent Infrastructure Bill Can Help You (and Future Generations)

On November 15th, 2021, President Biden signed a $1 trillion infrastructure bill into law.  Officially named the Infrastructure Investment and Jobs Act, this bill contains a wide variety of measures intended to stimulate the economy, make improvements to the infrastructure system (think transportation systems, telecommunications networks, utilities, etc.), and provide …

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How Biden’s Infrastructure Bill⁠ Affects Crypto Investors Via Increased Disclosure For Capital Gains Taxation

The president’s infrastructure bill has now been signed into law. While the focus is on hard infrastructure, there are various provisions added into the bill that has taxation impacts on cryptocurrency investors in the United States. These provisions were included to cover some of the costs of all the infrastructure …

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Lowering Your Homeowners Insurance Costs In The Face of Rising Premiums

As many home owners have discovered, Homeowner’s insurance premiums are becoming more and more expensive. This article covers some of the causes for its increase and which factors play the largest role in determining the price of premiums. Most importantly, we will also cover ways you can offset the cost …

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2022 401k, IRA and Roth IRA Contribution Limits and Large Income Qualification Threshold Increases Over 2021 Levels – Official IRS Numbers

The IRS has released the latest 401(k), IRA and Roth limits for 2022, including income qualification and phase-out thresholds. See the tables below for limits and changes over the last few years. Main changes include: 401(k), 403(b), TSP and most 457 plans pre-tax contribution limits have increased to $20,500, up …

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