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rebate checks

$500 Rebate Checks Coming For NJ Residents

As part of a $319 million package that Gov. Phil Murphy and lawmakers agreed to in September, about 800,000 Garden State residents could receive a $500 rebate check within a few weeks. And there is more aid on the way.
Murphy, Senate President Sweeney, Speaker Coughlin, Senate Budget Chair Sarlo, and Assembly Budget Chair Pintor Marin reached an agreement on middle-class tax relief and property tax relief measures in the Fiscal Year 2022 Budget, set to be adopted by July 1.
The deal includes a $500 rebate to married parents filing a joint tax return or who identify as head of household or as a surviving spouse. The parents must have at least one child and earn a maximum of $150,000. The rebate is $75,000 for single parents or each parent who files separate returns. The parent must have a gross income tax liability greater than zero.
“Tax relief is a critical component of a stronger and fairer New Jersey,” Murphy said. “With each budget I have introduced, we have provided greater relief to those who need it most – through our continued expansion of the Earned Income Tax Credit, the establishment and expansion of a Child and Dependent Tax Care Credit, increased tax relief for veterans, middle-class tax rebates, and now the long-overdue expansion of the Homestead Benefit to make sure relief reflects reality. I’m proud to join with my partners in the Legislature to make sure that the best state to live in America is more affordable for families.”Tax relief components of the Fiscal Year 2022 Budget include, but are not limited to: learn more here

Cosmo Insurance Agency is a full-service independent insurance agency based in Hackensack (Bergen County) and Lakewood (Ocean County), New Jersey that offers an all-encompassing range of insurance options for both individuals and businesses. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating our knowledge of the insurance guidelines for healthcare, employee benefits, life insurance, self-insurance, dental, disability, and long term care insurance, we keep our clients up-to-date with affordable plans that cover all their specific insurance needs.