Rolling back the clock to reconsider a financial mistake: the Sandy recovery saga of Money Island Marina

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This past weekend we rolled back our clocks by an hour.  The concept triggered me to wish I that I could roll back my own clock by two years. On this weekend, two years ago, the residents of New Jersey’s Delaware Bay shores faced substantial damage to our homes and businesses from Sandy storm that […]

Proposed Sandy tax relief for individuals and businesses

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These measures are proposed June 2013 and appear to have a strong chance of passage. (My source is NJSCPA.org).   Individuals: Waiver of Adjusted Gross Income limitation for theft/loss deduction, so individuals can deduct the cost of uninsured losses.   Increased Charitable Contribution Limits: The legislation increases charitable deduction limits of taxpayers with respect to cash […]