Section

Finance & Economy

Markets, real estate, and the economic pulse of Newark and Jersey City.

Asia Nails: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS
Finance & Economy

Asia Nails: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS

When the card reader is conveniently down and everyone is asked to pay by Zelle, Venmo, or cash, the money is easy to leave off the books. Here is why that habit raises concern with the IRS, and why the trail is never as invisible as it looks.

New Jersey State Budget Adds Record Investment in Infrastructure
Finance & Economy

New Jersey State Budget Adds Record Investment in Infrastructure

New Jersey's newly signed state budget includes a record infrastructure allocation targeting transit, bridge repair, and coastal flood mitigation projects.

Newark Startup Incubators Report Record Venture Funding Year
Finance & Economy

Newark Startup Incubators Report Record Venture Funding Year

Startups affiliated with Newark's growing network of business incubators raised a record amount of venture funding this year, signaling growing investor confidence in the city's tech ecosystem.

Jersey City Waterfront Condo Prices Climb Amid Limited Supply
Finance & Economy

Jersey City Waterfront Condo Prices Climb Amid Limited Supply

Condo prices along the Jersey City waterfront continue climbing as new construction fails to keep pace with demand from buyers priced out of Manhattan.

Regional Banks in New Jersey Expand Branches in Underserved Communities
Finance & Economy

Regional Banks in New Jersey Expand Branches in Underserved Communities

Several regional banks are opening new branches in New Jersey communities that have lacked convenient access to traditional banking services, part of a broader financial inclusion push.

State Economists Project Steady Growth for New Jersey Through 2027
Finance & Economy

State Economists Project Steady Growth for New Jersey Through 2027

State economists released a forecast projecting steady, moderate economic growth for New Jersey through 2027, citing healthcare, logistics, and financial services as key drivers.

L.A. Perfection Nails: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes
Finance & Economy

L.A. Perfection Nails: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes

Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.

Garden State Housing Market Sees Inventory Rise for First Time in Three Years
Finance & Economy

Garden State Housing Market Sees Inventory Rise for First Time in Three Years

New Jersey's housing inventory grew for the first time in three years this spring, offering modest relief to buyers who have faced a persistently tight market.

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | Milan Nails and spa
Finance & Economy

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | Milan Nails and spa

Paying part of a worker's wages in cash off the books can feel like a win for everyone, but of all the habits in this series it's the one the IRS treats most seriously. Here is why it raises concern, and why it quietly hurts your staff too.