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The Tax Cuts And Jobs Act Mainly Expires In 2025
Forbes· 2 days agoMost of the tax changes in the 2017 Tax Cuts & Jobs Act (TCJA) expire (sunset) at the end of 2025.
Over $1 billion in unclaimed tax refunds is set to expire in just over 2 weeks, IRS says—here’s how...
CNBC· 2 hours agoThe Internal Revenue Service says more than $1 billion in unclaimed tax refunds from the 2020 tax...
Murdoch empire conspires to blame Biden for Trump’s trickle-down tax cuts expiring
Media Matters· 21 hours agoTrump's tax plan — a giveaway that overwhelmingly benefitted wealthy individuals and highly...
New Jersey is motivating telecommuters to appeal their New York tax bills. Connecticut may be next -...
WTOP Washington· 6 days agoConnecticut is considering a similar measure. The Garden State’s bounty — a rebate worth roughly...
IRS Waives 2024 RMDs For Inherited IRA Beneficiaries
Forbes· 3 days agoThis is the fourth year in a row that the IRS has kicked the can down the road for people needing to start RMDs on Inherited IRAs under the new rules. At...
401(k) contribution limits in 2023 and 2024
Bankrate via Yahoo Finance· 5 days agoThese withdrawals had to be taken before the end of 2020. If you took a hardship loan in 2020, you could avoid paying the 10 percent penalty on the money...
Here Is the Minimum Wage in Every State
GOBankingRates via Yahoo Finance· 1 day agoThe minimum wage is a legally mandated minimum amount of money employers must pay. While most states have their minimum wage, states that have not set...
3 Mistakes Beneficiaries Must Avoid When Inheriting An IRA
Forbes· 7 days agoThe Secure Act has eliminated the stretch IRA for most people who are inheriting an IRA or 401(k). Now, beneficiaries who inherit an IRA will need to follow the 10-year rule ...
South Koreans Warned to Declare Overseas Crypto Exchange Holdings
Cryptonews· 16 hours agoThe cautionary words came from Kim Dae-kyung, a tax accountant at the Hana Bank Asset Management...
Taxpayers Have Less Than 3 Weeks to Claim $1B the IRS Is Holding. See If You're Owned Money
CNET· 3 days agoThe IRS Is holding onto more than $1 billion in unclaimed refunds for tax year 2020, but not for...