Monday, January 25, 2016
City elected officials will consider bankruptcy Tuesday at an emergency council meeting
Read More: Bankruptcy Meeting
State blasts tax boards, may force N.J. towns to reassess properties
Posted by Michael I. Schneck, Esq. at 12:56 PMUnion, Hudson and Middlesex counties are under investigation by the State of New Jersey for stalling property reassessments for decades and could be forced to conduct revaluations.
Read More: State Investigation
Paterson borrowing $1.63 million to pay for large tax appeals
Posted by Michael I. Schneck, Esq. at 12:52 PMPaterson must borrow to pay tax appeal refund
Schneck Law Group Secures client 1.42 million dollar refund
Read more: Paterson Bonding Tax Appeal Refund
Interview with Senate President Stephen Sweeney - No property tax relief in New Jersey this year.
Read More: Sweeney Interview
Saturday, January 23, 2016
Christie rejects requiring nonprofit hospitals to pay 'taxes'
Posted by Michael I. Schneck, Esq. at 3:11 PMGovernor Chris Christie rejected legislation Tuesday that would have required all nonprofit hospitals in New Jersey to pay fees for the first time to help cover the costs of police and other local services
Read More: Christie rejects hospital tax legislation
Christie again rejects Atlantic City, casino aid package
Posted by Michael I. Schneck, Esq. at 3:05 PMGovernor Chris Christie has rejected a financial assistance package for Atlantic City and its struggling casinos for the second time.
Read More: Christie rejects financial assistance package for Atlantic City
Another View of State’s Affordable Housing Obligations
Posted by Michael I. Schneck, Esq. at 3:01 PMA map from a consulting firm hired by some 200 towns and cities shows far fewer units needed than estimated by fair-housing advocates
READ MORE: Interactive Map: Another View of State’s Affordable Housing Obligations
N.J. property taxes soared by $537M in 2015, report says
Posted by Michael I. Schneck, Esq. at 2:01 PMNew Jersey property taxes soared at their fastest rate in years in 2015, according to a new report by the Asbury Park Press, setting homeowners back an extra $537 million.
Read More N.J. property taxes soared by $537M in 2015, report says
Friday, January 22, 2016
New Jersey residents have the third highest tax burden in the U.S., according to the Tax Foundation’s State-Local Tax Burden Rankings report released Thursday.
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NJ Ranks among highest-taxed states in the US