Taxes

Getty Are you receiving Social Security retirement or disability benefits (SSDI), Supplemental Security Income (SSI), Railroad Retirement benefits, or VA benefits? If you are and you are generally not required to file a tax return, and you have children, you need to be aware of a new deadline.  The Internal Revenue Service (IRS) previously announced that folks in those
0 Comments
WASHINGTON, DC – President Donald Trump sits down with staff, ranked by Budget Director Mick … [+] Mulvaney and Secretary of the Treasury Steven Mnuchin, during a federal budget luncheon in the Roosevelt Room at the White House in Washington, DC Wednesday February 22, 2017. (Photo by Melina Mara/The Washington Post via Getty Images) The
0 Comments
Share to facebook Share to twitter Share to linkedin Getty The Internal Revenue Service (IRS) has issued guidance for some taxpayers who took out federal or private student loans to finance attendance at a nonprofit or for-profit school. The guidance offers relief for students whose loans have been discharged by the Department of Education and
0 Comments
Woman showing global and network hologram by using the user interface technology. Getty For an international tax junkie, the last six weeks have been a perplexing time: The U.S. Treasury Department threw a major wrench into the OECD’s most recent multilateral tax coordination project. The project is the latest incarnation of the base erosion and
0 Comments
Share to facebook Share to twitter Share to linkedin The deal includes Chinese commitments to buy more U.S. goods in four industries. Costfoto/Barcroft Media via Getty Images Topline: With the Phase One trade deal signing scheduled for tomorrow, new details have emerged about China’s pledge to significantly ramp up purchases of U.S. exports including manufactured
0 Comments
Key tax numbers have been inflation-adjusted for 2020. Many of these are important for employees, … [+] their paychecks, and their basic tax planning for 2020. Getty We’re all super busy in January, but don’t forget basic tax planning for 2020. At the start of each year, key numbers in many tax-law provisions are adjusted
0 Comments
Comfortable retirement: Still out of reach for most. (Photo by Andrew Lichtenstein/Corbis via Getty … [+] Images) Corbis via Getty Images Congress ended 2019 by producing a budget of sorts. That fact, in itself, constitutes a rare accomplishment for this country’s dissipated and ever-distracted representative bodies. Such documents, as always, offer much to praise or
0 Comments
Social Network Backgrounds Getty The Gig economy has been expanding rapidly over the past decade and the number of users involved with platforms like Uber, Lyft & Airbnb has grown exponentially. The IRS recently launched the Gig Economy Tax Center on www.irs.gov. This is a brand new section of the IRS website dedicated to help
0 Comments
Getty The Internal Revenue Service has announced that it has reached an agreement with Free File, Inc. (FFI). According to the IRS, the deal will help make the Free File program more taxpayer-friendly while strengthening consumer protections in several key areas. (You can read the agreement, which downloads as a PDF, here.) “This updated agreement is part of a larger
0 Comments
(Photo by Sandy Huffaker) Corbis via Getty Images Every personal finance commentator tells you to get out of credit-card debt. I’ll take this logic a step further by condemning mortgages. Once upon a time, a mortgage was a ticket to prosperity. Someone who bought a suburban home in the 1960s on a 30-year mortgage enjoyed
0 Comments