News / General Business
The Recovery Rebate Credit: Get Your Full Stimulus Check Payment With This Tax Credit
Source: kiplinger.com - Jan 21, 2021 The "recovery rebate" tax credit and stimulus checks are two parts of the same thing. The way the law is written, both the first ($1,200) and second ($600) stimulus checks were simply advance... Read more > Category: General Business |
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IRS explains extended payroll tax due dates
Source: journalofaccountancy.com - Jan 21, 2021 The IRS has issued guidance (Notice 2021-11) to address how employers who elected to defer certain employees’ payroll taxes can withhold and pay the deferred taxes throughout 2021 instead of just... Read more > Category: General Business |
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Louisiana income forecast assumes slow recovery in pandemic
Source: neworleanscitybusiness.com - Jan 21, 2021 Louisiana officials Tuesday set a conservative estimate for next year’s income forecast that anticipates the state’s economy will remain sluggish amid a halting recovery from the coronavirus... Read more > Category: General Business |
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Tax and Regulate
Source: city-journal.org - Jan 20, 2021 Joe Biden campaigned last year as both a moderate and a progressive. As he prepares to take the oath of office on Wednesday, discerning the policy direction of his new administration seems clear... Read more > Category: General Business |
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President-elect Biden’s COVID plan includes tax cuts for parents
Source: wafb.com - Jan 20, 2021 BATON ROUGE, La. (WAFB) - President-elect Joe Biden’s $1.9 trillion coronavirus aid package includes billions in temporary tax cuts for working parents that could cut child poverty by as much as... Read more > Category: General Business |
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States with the Lowest Taxes and the Highest Taxes
Source: sportsgrindentertainment.com - Jan 20, 2021 “Location, location, location” is a focus that applies to more than just housing. Where you live can help or hinder your ability to make ends meet. A myriad of taxes — such as property,... Read more > Category: General Business |
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The Social Security retirement age could change. What that could mean for benefits
Source: cnbc.com - Jan 20, 2021 Many retirees count down the days until they are eligible for Social Security benefits. But that age could change as lawmakers look to improve the program’s financial outlook. Social... Read more > Category: General Business |
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Military Tax Credits
Source: militarybenefits.info - Jan 19, 2021 There are tax breaks and tax credits available to military members and their families to help offset the common financial burdens of service. Military and their families are often tasked with... Read more > Category: General Business |
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State Tax Changes Effective January 1, 2021
Source: taxfoundation.org - Jan 19, 2021 Key Findings Twenty-six states and the District of Columbia had notable tax changes take effect. Arkansas and Iowa reduced their corporate income tax rates and made other substantive... Read more > Category: General Business |
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4 Reasons I've Paid More in Taxes Than I Strictly Needed To
Source: fool.com - Jan 19, 2021 As a general rule, the more of your hard-earned income that you keep, the easier it is to save, invest, and build wealth. Tax minimization strategies are typically a great way to enable you to... Read more > Category: General Business |
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'Can I write off my internet bill?': 2020 tax season poses pandemic-related questions
Source: kgw.com - Jan 19, 2021 PORTLAND, Ore. — If filing your 2020 tax return is giving you anxiety, you're not alone. Many people have questions about pandemic-related expenses and how they may or may not apply to their... Read more > Category: General Business |
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$2,000 Stimulus Check Update as Joe Biden Pushes for Third Set of Direct Payments
Source: newsweek.com - Jan 15, 2021 President-elect Joe Biden has proposed "direct cash payments" totaling $2,000 be given to Americans, including a third stimulus check of $1,400, in addition to the $600 payment issued last month,... Read more > Category: General Business |
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New Orleans council member asks state to overturn local assessor’s commercial tax cuts
Source: thelensnola.org - Jan 15, 2021 New Orleans Councilwoman Helena Moreno is asking the Louisiana Tax Commission — the state body that finalizes parish property tax rolls before tax bills are sent out — to investigate and... Read more > Category: General Business |
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Tax breaks for Folgers projects rejected by New Orleans City Council
Source: nola.com - Jan 15, 2021 The New Orleans City Council on Thursday shot down four tax breaks worth millions of dollars for upgrades the Folger Coffee Company made to its roasting plants in New Orleans East. Council members... Read more > Category: General Business |
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To help student borrowers, make education debt tax deductible
Source: thehill.com - Jan 15, 2021 When people carry education debt it can make it harder to budget basic needs, save money and qualify for financing to purchase a home. Education debt and the cost of higher education also deters... Read more > Category: General Business |