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Social Security: 40 States Where You’ll Feel the Biggest Increase This Year
GOBankingRates via Yahoo Finance· 2 hours agoThis year, 2024, brought increases to Social Security and Supplemental Security Income (SSI) for...
Tax Court Decision Shows Potential Pitfalls when Claiming Settlements Qualify for Federal Income Tax...
JD Supra· 6 days agoA recent Tax Court case illustrates the importance under current case law of thinking about the tax consequences of a potential verdict or settlement early ...
What Do I Need to Know About 401(k) Withdrawal Taxes?
SmartAsset via Yahoo Finance· 2 days agoOne of the most attractive features of a 401(k) plan is that you can contribute pretax dollars...
Savannah Chrisley marks brother Grayson’s birthday with video tribute: ‘Proud to be your sister’
WSB-TV 2 Atlanta· 3 hours agoGrayson Chrisley turned 18 on Thursday and sister Savannah helped celebrate the milestone with a...
IRS Rev. Rul.: Applicable Federal Rates for June 2024 (IRC §1274)
Bloomberg Law· 2 days agoVarious prescribed rates for federal income tax purposes for June 2024, the IRS provided. Table 1 contains the short-term, mid-term, and long-term applicable federal rates (AFR) for the current
Are There Different Meanings of ‘Income’ When It Comes to Your Tax Code?
GOBankingRates via Yahoo Finance· 6 days ago“[The Moores are] arguing they cannot owe a tax on an investment they watched grow from afar — an...
Biden's tax hikes could flip even a moderate
USA TODAY Opinion· 3 days agoAchieving a fairer tax system also means we can’t extend expiring Trump tax cuts for those with incomes above $400,000." Lower federal ...
IRS PLR: Extension of Time Granted to Change Accounting Method (IRC §9100)
Bloomberg Law· 4 hours agoThe IRS has published a private letter ruling on Treasury Regulation Section 301.9100 regarding extensions of time to change accounting method for federal income tax purposes. [PLR 202420027]
You Made a Mistake in Your Taxes. Now What?
The Wall Street Journal· 8 hours agoMost taxpayers already have filed their returns for 2023 and probably don’t want to spend another moment thinking about this annual chore. Perhaps...
The backstory of the NJ businessman who admitted to bribing Sen. Bob Menendez with a new Mercedes
USA TODAY via Yahoo News· 8 hours agoProsecutors said he has maintained a network of businesses in other people’s names, earning income...