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Free direct filing of federal taxes may be offered soon throughout the U.S.
Utah News Dispatch via Yahoo News· 3 hours agoWASHINGTON — Taxpayers across the United States could be guaranteed a free public option to file...
Federal Income Taxes Are Set To Skyrocket
Forbes· 1 day agoS Corporation shareholders and partners in a partnership could see their effective federal income tax rate increase by 30% by the end of December 31,...
Tax Breaks: Tax And Financial Literacy Matters
Forbes· 10 hours agoThere are a lot of factors to consider, including whether an LLC or an S Corp will enable the creator to benefit from savings on federal income tax...
Weekly IRS Roundup May 20 – May 24, 2024
The National Law Review· 20 hours agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 20, 2024 – May 24, 2024. May 20...
Ohio Senate wants to tighten marijuana home grow rules, crack down on delta-8 THC
USA TODAY via Yahoo News· 2 days agoMarijuana businesses could take advantage of tax deductions for the cost of doing business, such as...
JD Supra: Tax Refunds for Cannabis Businesses? What Is the Story?
JD Supra· 19 hours agoTo date, Trulieve has refused to divulge the specific basis for the refunds, citing competitive...Trulieve, another cannabis business, Ascend Wellness Holdings, has also reported it has amended ...
Republicans’ $4 Trillion Question: Should They Pay for Extending Trump Tax Cuts?
The Wall Street Journal· 4 days agoThe question pits the party’s fervent belief in the economic power of tax cuts against many GOP...
Here's why the minimum wage and some tax breaks don't budge despite inflation
CNBC· 1 day agoFor example, without adjustments, more households would generally creep into higher tax brackets...
Trump tax cut extensions keep getting more expensive: Analysis
The Hill via Yahoo Finance· 2 days agoEstimations for the cost of extending the Trump tax cuts have gone up every year, and it’s not...
America’s Tax Cut Era Has Outlasted Its Welcome
WealthManagement.com· 3 days agoJudging from the Congressional Budget Office’s latest forecasts, it has gone much too far. Extending the provisions of the 2017 Tax Cuts and Jobs Act,...