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Monday, sep 16
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76°
Monday, sep 16
Tag:
Taxes
Business
Guerriero Gelato Shutters Flagship North Jersey Location
Guerriero Gelato is continuing to downsize. A month after announcing the closure of its location in Morristown, the gelateria announced it will be closing its Montclair location in October after 10 years. "This is very emotional for us," the company wrote on social media. "This was the first shop we built out ourselves. We made friendships that will last a lifetime." The eatery said while the Montclair store remains popular, they cannot keep up with rising taxes, rent, cost of living, labor and food. "We hope that we can all make progress against the ridiculous cost of living a…
Lifestyle
Bergen County Couple $15G 'Richer' After Congressman Resolves IRS Error
A Dumont couple was able to receive $15,500 back with help from Congressman Josh Gottheimer after the IRS erroneously demanded it from them. When lifelong Dumont residents Charles and Betty Crasten sold a stock certificate, their profits were misreported to the IRS by a third-party clearinghouse, causing the IRS to demand $15,558 -- a common error among seniors selling paper securities. When the IRS contacted the couple looking for the payment, the couple thought that they were destined for jail. Instead, the Crastens called Gottheimer, whose office identified the error almost immediately…