3 Surprising Thanksgiving Travel Trends Revealed by Squaremouth

Are you headed out of town for the Thanksgiving holiday? Perhaps going to grandma's house or a friend's? If any of these apply you might want to map out a plan before you hit the road, skies, or waterways to avoid any troubles. Apparently, the Thanksgiving travel season is predicted [...]

By |2019-11-26T19:50:24-08:00November 28th, 2019|Lifestyle|Comments Off on 3 Surprising Thanksgiving Travel Trends Revealed by Squaremouth

IRS reminds tax professionals of tasks to get ready for 2020

The tax season will be here before you know it so the IRS is reminding tax professionals to review their e-Services account to ensure all contact information is accurate and to add or remove users. Reviewing e-Services information is just one of the tasks tax pros should complete now to [...]

By |2019-11-26T19:50:03-08:00November 26th, 2019|Finance|Comments Off on IRS reminds tax professionals of tasks to get ready for 2020

More than half of Hispanic voters up for grabs in 2020 election

A bipartisan research team has revealed in new Hispanic voter research that 60% of Hispanic respondents agree with the statement: "While I typically vote for candidates of one political party, if the other party's candidates made an effort to reach out to me, I would consider voting differently." The research was [...]

By |2019-11-18T18:25:52-08:00November 21st, 2019|Real Estate|Comments Off on More than half of Hispanic voters up for grabs in 2020 election

IRS: updates on deductible business, charitable, medical and moving

The Internal Revenue Service recently issued guidance for taxpayers with certain deductible expenses to reflect changes resulting from the Tax Cuts and Jobs Act also known as the TCJA. Revenue Procedure 2019-46 (PDF), posted on IRS.gov, updates the rules for using the optional standard mileage rates in computing the deductible [...]

By |2019-11-16T15:53:50-08:00November 19th, 2019|Finance|Comments Off on IRS: updates on deductible business, charitable, medical and moving

Younger renters and parents sacrifice more to make rent

As rents continue to steadily rise across the country, about a quarter of renters say affording their rent payments is difficult or very difficult. To make ends meet, two-thirds of those renters make at least one financial sacrifice to afford their home, and half wouldn’t be able to afford an unexpected $1,000 [...]

By |2019-11-13T17:29:51-08:00November 14th, 2019|Real Estate|Comments Off on Younger renters and parents sacrifice more to make rent

IRS provides tax inflation adjustments for tax year 2020

The Internal Revenue Service recently announced the tax year 2020 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2019-44 (PDF) provides details about these annual adjustments. The tax law change covered in the revenue procedure was added by the [...]

By |2019-11-10T19:36:37-08:00November 12th, 2019|Student Loans|Comments Off on IRS provides tax inflation adjustments for tax year 2020

New poll says vaping is part of everyday teen life

A new poll by Common Sense and SurveyMonkey says nearly eight in 10 teens (78%) report vaping is popular among their peers and a part of their daily experience, in real life, in schools, and on social media. One third (33%) say they see classmates vaping in school a few [...]

By |2019-11-06T18:45:01-08:00November 7th, 2019|Lifestyle|Comments Off on New poll says vaping is part of everyday teen life

IRS, Treasury issue final regs on reporting requirements for life insurance contracts

The Internal Revenue Service recently issued final regulations on the new information reporting requirements for certain life insurance contract transactions. New Requirments The requirement was authorized under new section 6050Y, added to the Internal Revenue Code by the Tax Cuts and Jobs Act (TCJA), the tax reform legislation enacted in [...]

By |2019-11-04T10:43:13-08:00November 5th, 2019|Finance|Comments Off on IRS, Treasury issue final regs on reporting requirements for life insurance contracts