One of the opportunities we highlighted early in the year in our 2025 Outlook was a big tax bill that boosted corporate profits, similar to 2017. We never believed it would be as large as the 2017 tax bill’s boost on profits—after all, you can only cut the corporate tax rate from 35% to 21% …
We watch it every year, but the game never gets old. Beginning in January, the season’s best NFL teams literally go head-to-head, competing for their respective conference titles and, ultimately, the Super Bowl Championship. It’s as American as the estimated 1.34 billion chicken wings consu …
NJ Politics Digest: Thousands of Millionaires Fled the Area in 2018 The Republican tax plan’s limiting of the federal deduction for state and local taxes, plus the high cost of living in the state, led to thousands of millionaires leaving the area in 2018, according to a research firm’s new report.
The New Jersey area lost thousands of millionaires in 2018, even as their ranks grew worldwide. A tumultuous year for global stock markets and federal and state tax changes are responsible, experts say.
Federal workers who have gone a month without getting paid during the longest government shutdown in U.S. history expressed relief Friday that a deal had been reached to end the impasse, but are worried they’ll be in the same spot in a few weeks.
Volatile financial markets are leading high net worth individuals to leave New York and New Jersey in droves. Last year, the region encompassing New York City, Jersey City and Newark lost more than 5,700 individual with liquid assets of $1 million to $30 million, the North Jersey Record reported.
A recently published research study in the Journal of Financial Planning shows that financial literacy has a huge impact on having a more financially secure retirement. The research consisted of data collected from roughly 1,200 Americans between the ages of 60 and 75, with at least $100,00 …
