News / General Business
Here’s the tax bill on the $226 million Mega Millions jackpot
Source: cnbc.com - Nov 26, 2019 If you’re daydreaming about how you’d celebrate winning the Mega Millions jackpot, remember that Uncle Sam has a way of crashing the party. After about two months of twice-weekly drawings with... Read more > Category: General Business |
|
2019 Gulf Coast Elections Mean Louisiana Is Poised To Remain A Tax-Hiking Outlier In A Region Full Of Tax-Cutting States
Source: forbes.com - Nov 22, 2019 The 2019 election results across three Gulf Coast states - Louisiana, Mississippi, and Texas — produced a mixed bag of results. Texas voters acted to ensure that the Lone Star State will remain... Read more > Category: General Business |
|
China's Xi says he wants to work out initial trade deal with U.S.
Source: reuters.com - Nov 22, 2019 BEIJING (Reuters) - China wants to work out an initial trade agreement with the United States and has been trying to avoid a trade war, President Xi Jinping said on Friday, but is also not afraid... Read more > Category: General Business |
|
Year-End Financial Checklist to Prevent Tax Penalties and Missed Planning Opportunities
Source: kiplinger.com - Nov 22, 2019 As you approach the end of the calendar year, there are many financial deadlines and cutoffs that you may not be aware of. From minimum distributions to annual gifting exemptions to tax-loss... Read more > Category: General Business |
|
Don’t botch this year-end retirement move, or else you’ll face taxes
Source: cnbc.com - Nov 22, 2019 If you turned 70½ this year or you’re older, you’re on the hook for a required minimum distribution out of your individual retirement account and each of your 401(k) plans. This also means... Read more > Category: General Business |
|
Health care: How plans from Biden, Buttigieg, Sanders and Warren stack up
Source: cnn.com - Nov 21, 2019 (CNN)At first glance, Sen. Elizabeth Warren's introductory "Medicare for All" option looks similar to the proposals championed by former Vice President Joe Biden and South Bend, Indiana, Mayor Pete... Read more > Category: General Business |
|
Divorce, Retirement Accounts And Taxes: The Importance Of Getting It Right
Source: forbes.com - Nov 21, 2019 In law school, one of our professors noted the irony of divorce settlements. It’s funny, she remarked, that two people who often found it difficult to talk about money when they were married are... Read more > Category: General Business |
|
CPA Paul Miller: Tax deductions that can lower your 2019 tax bill -- there's still time
Source: foxbusiness.com - Nov 21, 2019 The Tax Cuts and Jobs Act was the largest tax reform legislation in over three decades. With a number of changes to the tax code, it’s critical that individual taxpayers and business owners... Read more > Category: General Business |
|
Filing deadline for state taxes, payments extended due to ransomware attack
Source: wafb.com - Nov 20, 2019 BATON ROUGE, La. (WAFB) - The Louisiana Department of Revenue (LDR) is extending the filing dates for state taxes that were initially due Nov. 20 due to Monday’s ransomware attack on the... Read more > Category: General Business |
|
Taxes in Retirement: How All 50 States Tax Retirees
Source: finance.yahoo.com - Nov 20, 2019 Retirees relocate for lots of different reasons, from the weather to proximity to grandchildren. Moving from a pricey part of the country to one with low housing prices could also lower your... Read more > Category: General Business |
|
Taxes in New Orleans all but set: Property owners can expect a slight dip in rates
Source: nola.com - Nov 20, 2019 Months after a citywide reassessment caused property values to shoot up across New Orleans, its likely impact on taxpayers’ wallets is becoming clearer. The bottom line: Total property tax rates... Read more > Category: General Business |
|
Get ready for taxes: Important things to know about tax credits
Source: nkctribune.com - Nov 13, 2019 ASHINGTON – With the tax filing season quickly approaching, the Internal Revenue Service recommends taxpayers take time now to determine if they are eligible for important tax credits. This is... Read more > Category: General Business |
|
2020 IRS Income Tax Refund Chart: When Will You Get Your Tax Refund Check?
Source: cpapracticeadvisor.com - Nov 13, 2019 Wondering when you will get your 2020 income tax refund from the IRS? We have the answer in a simple chart. (See the chart below.) The tax reform law that took effect in early 2018 will still have... Read more > Category: General Business |
|
IRS Says 2 Million ITINs To Expire In 2019, Encourages Taxpayers To Renew Now
Source: forbes.com - Nov 13, 2019 The Internal Revenue Service (IRS) has issued a reminder to taxpayers with an expiring Individual Taxpayer Identification Number (ITIN) to submit renewal applications. Failing to renew an ITIN by... Read more > Category: General Business |
|
Here are 3 great reasons to take Social Security benefits at 62
Source: azcentral.com - Nov 8, 2019 In the ever-popular "when to claim Social Security" debate, you'll often hear age 62 tossed around as a viable option. That's the earliest age seniors can file for benefits, though claiming them at... Read more > Category: General Business |