Times are tough and with inflation, you may struggle to pay if you owe the government tax money. If you are unable to pay there are some important steps you must take.
A Matawan man could spend as much as three years in prison and have to pay a steep fine after illegally fast-tracking real estate and construction paperwork, not reporting his company or income to the IRS, and not paying his taxes for a seven year period.
Statewide, local property taxes pay for about half of what schools spend. But it varies significantly, over 80% in some places and under 10% in others.
State revenues in May were nearly 39% smaller than one year earlier, but the state Treasury says that's because the income tax deadline was delayed in 2021.