A Democrat serving her second term in the U.S. House of Representatives recently stated that temporarily exempting black people from paying taxes is not "necessarily a bad idea." However, while parsing through the idea, she determined that such an exemption from taxes still likely won't redress the centuries-old horrors of slavery or current wealth disparities between black people and other racial groups since many black people "aren’t really paying taxes in the first place."On a recent episode...
If you miss this week’s tax filing deadline, you might be feeling anxious about getting hit with late-filing penalties by the IRS. However, if you don’t have a recent history of filing your taxes late, it’s possible to apply for something called a first-time penalty abatement.
Attorneys for Donald Trump at a Monday hearing successfully defended the $175 million bond the former president secured in his New York state civil fraud case.
Ahead of Tax Day, billionaire Mark Cuban seemingly took aim at former President Donald Trump on Sunday as he revealed how much he is paying in taxes.The deadline to file federal income tax returns and extensions to the Internal Revenue Service (IRS) for most of the country is Monday, April 15. For many, the annual tax adjustments, including new tax brackets, an increased standard deduction and higher limits to 401(k) plans are leading to lower income taxes and an increased tax refund.: What Is a...
Analiza Kjaer, 50, also settled other debts and transferred cash to her daughter. Kjaer's victim said her life 'fell apart' after being defrauded, the Old Bailey heard
It’s no secret that the proliferation of scams targeting elderly Americans has increased dramatically with the expansive spread of information technology. Older Americans are particularly vulnerable to such scams, a disturbing reality that was made clear to me shortly before my father passed away. My parents, both in their 80s, were being inundated by scam phone calls and mailings, including the infamous grandparent scam, literally on a daily basis. Because they, like many older Americans, grew...
In an interview on “The Black Lawyers Podcast,” freshman Rep. Jasmine Crockett (D-TX) floated the idea of exempting black Americans from paying taxes as a form of reparations. “I don’t remember which celebrity, but it was actually a celebrity,” she said, recalling the proposal. “And I was like, ‘I don’t know if that’s not necessarily […]
(The Center Square) – In the stack of more than 80 bills the Missouri House of Representatives voted to send to the Senate is an effort to phase out the corporate income tax and end tax credits. If the Senate passes House Bill 2274 as it currently is written, the corporate tax rate would decrease from 4% to 3% on Jan. 1, 2025, drop to 2% in 2026, 1% in 2027, and no corporate tax would be imposed in 2028 and thereafter. The bill was first read in the Senate in late March and no...
Tax Day in the U.S. is April 15. Here's how much Mark Cuban pays in taxes, plus IRS-approved resources on where to file a tax extension for free online.
Biden campaign ad blames Trump for near-death of woman denied abortion (First column, 3rd story, link) Related stories:Joe building behemoth of campaign. Republicans playing catch-up
The state pension went up 8.5% in April – hitting £11,502 per year for someone on a full new state pension. This is great news for people’s beleaguered budgets, after the cost of living crisis laid waste to their finances. With inflation finally on the wane, this increase introduces some much-needed breathing space. However, many […]
HARLINGEN, Texas (ValleyCentral) — Today is the deadline to pay your taxes. Your returns need to be filed by midnight tonight. If you think your time is running out. You can file for an extension, but it has to be done by the end of the day. However, the extension is only for paperwork. Taxes []