CrossState Daily

Jul 15, 2022

Pennsylvania Cuts Corporate Net Income Tax Rate 

Over the past decade, policymakers from both parties in Harrisburg have proposed reducing Pennsylvania’s 9.99 percent corporate net income tax (CNIT) rate but could not agree…

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Jul 15, 2022

Two NJ Assembly Members Call for a Special Tax Relief Session to Fight Out of Control Inflation  

New Jersey Assembly members Vicky Flynn (R-Holmdel) and Gerry Scharfenberger (R-Middletown) are calling for a Special Tax Relief Session as soon as possible to consider legislation in response to…

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Jul 15, 2022

Scam Warning: Fraudsters Impersonate PA Department of Revenue in Letters Targeting Pennsylvania Businesses  

The threatening letters encourage business owners to turn over accounting records containing sensitive financial information.  Scam artists are impersonating the Department of Revenue by sending…

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Jul 15, 2022

Changes Coming to Jury Selection in NJ  

The New Jersey Supreme Court is making about two dozen changes to jury selection intended to reduce bias when jurors are chosen for trials.  …

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Jul 15, 2022

Operating Engineers Endorses U.S. Rep. Sherrill for Re-election in NJ CD11  

Two-term U.S. Rep. Mikie Sherrill (D-Montclair) has picked up the endorsement of the International Union of Operating Engineers Local 68.   “When it comes to fighting…

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Jul 15, 2022

CuBIZloan Sells Commercial Real Estate Participation 

cuBIZloan.com has completed the participation sale of a commercial real estate mixed-use investment property in Keansburg, New Jersey.   The guarantors are seasoned commercial real…

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Jul 15, 2022

NY State Regulator Issues Overdraft/NSF Guidance  

The New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris Tuesday issued a letter with guidance aimed at prohibiting unfair and deceptive overdraft…

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Jul 15, 2022

CFPB Fines Bank of America $225 Million Over Botched Disbursement of State Unemployment Benefits at Height of Pandemic  

The Consumer Financial Protection Bureau (CFPB) fined Bank of America $100 million for botching the disbursement of state unemployment benefits at the height of the…

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Jul 15, 2022

European Commission Welcomes Adoption of Digital Services Package 

Early July, the European Commission (EC) welcomed the adoption of the Digital Services Package, which includes the Digital Services Act and the Digital Markets Act…

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Jul 15, 2022

Teen Hailed as Hero for Saving 3 Girls and an Officer After Vehicle Sinks in River 

The right place at the right time—that’s where 16-year-old Corion Evans was when a car full of three teenage girls drove into a river in…

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