New tax year means threshold for benefit charge linked to higher earnings rises to £60,000Several hundred thousand families are to be better off, some by as much as £3,000, during the 2024-25 tax year after the government finally admitted that a child benefit measure brought in 11 years ago had not worked fairly.A change to child benefit is just one of a raft of changes coming in on 6 April, the start of the new tax year, including a cut in national insurance for employees to 8% from 10%.The...
Monday, April 15 is your deadline for federal taxes. It’s typically a day wrought with stress and anxiety as last-minute filers eek their filings up to the deadline.
SubmittedA tax credit is an amount taxpayers claim on their tax return generally to reduce their income tax. Eligible taxpayers can use them
California’s massive budget deficit, coupled with the state’s relatively high level of joblessness, has become a major barrier to reducing the billions of dollars of debt it has incurred to pay unemployment benefits. The surge in unemployment brought on by the COVID pandemic pushed the state’s unemployment insurance trust into insolvency. And over the last year California’s joblessness has been on the upswing again, reaching 5.3% in February, the highest among all states. The March job numbers...
Krispy Kreme is offering a BOGO deal when you buy a dozen glazed or assorted doughnuts on April 15. Here's how to sweeten Tax Day.
MEDFORD, Ore. – NBC5 News heard from a former Asante employee who’s saying she’s had trouble receiving her unemployment benefits from Oregon. Catherine Bogan was one of Asante’s 3% of workers laid off in February by the health system. She said she’s been experiencing severe delays in call times with the state employment office and […]
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Was it as bad for you as it was for me? Sending Washington money we earn, but Washington doesn’t, I mean? It’s not just being part of half the nation that pays taxes while the other half doesn’t that bothers me. It’s the waste and unnecessary programs and agencies that have long outlived whatever usefulness they once had (if they were ever necessary). And still President Biden wants to raise taxes even more without proposing a single dollar be cut to reduce our unsustainable $34 trillion debt. ...
Was it as bad for you as it was for me? Sending Washington money we earn, but Washington doesn’t, I mean? It’s not just being part of half the nation that pays taxes while the other half doesn’t that bothers me. It’s the waste and unnecessary programs and agencies that have long outlived whatever usefulness they once had (if they were ever necessary). And still President Biden wants to raise taxes even more without proposing a single dollar be cut to reduce our unsustainable $34 trillion debt. ...
Taxpayers in certain states and regions have received automatic tax extensions from the IRS.
Tax Day is in two days, which means you're running out of time to claim your child tax credit money. Here's how the credit works this year.
Taxpayer Assistance Center is offering one final chance for face to face help without an appointment ahead of the April 15th deadline.