THANK YOU VETERANS
BKC is collecting items to ship to our Troops to make them feel more at home and appreciated, through November 30, 2023 and Operation Jersey Cares.
BKC is collecting items to ship to our Troops to make them feel more at home and appreciated, through November 30, 2023 and Operation Jersey Cares.
The Veterans Income Tax Exemption has doubled to $6,000 for 2019. NJ Veterans should check their eligibility and apply to claim the exemption (1st time only). A veteran’s spouse or civil union partner, who is also a veteran, can take the exemption if they are filing a joint return. However, a veteran cannot claim this Read More…
On August 5, 2019, New Jersey’s Acting Governor, Sheila Oliver, signed legislation providing support to more than 435,000 New Jersey Veterans. NJ S 1331 extends the eligibility for Veteran’s property tax deduction and exemption to residents of continuing care retirement communities. Surviving spouses are also entitled to the exemption if they are residents of a Read More…
1/16/18 There are two major taxpayer-friendly changes for the 2017 New Jersey individual income tax return (Form NJ-1040). The pension and other retirement income exclusion for taxpayers age 62 or older or disabled has been doubled. The exclusion, which is still available only to taxpayers whose NJ gross income is less than $100,000, is now Read More…