The year-end holiday period from Thanksgiving through New Year's is always one of the most dangerous times on U.S. roads and highways, with a spike in crashes that often result in serious injuries or death. The National Road Safety Foundation, a non-profit group that for more than 60 years has [...]
Following feedback from taxpayers, tax professionals, and payment processors and to reduce taxpayer confusion, the Internal Revenue Service released Notice 2023-74 announcing a delay of the new $600 Form 1099-K reporting threshold for third-party settlement organizations for the calendar year 2023. New Law As the IRS continues to work to [...]
With the hectic holiday season, everyone is looking for a bargain. WalletHub’s recent holiday studies and reports highlight some of the sales and savings to help consumers shop for gifts. JCPenney, Macy’s, and Belk are 2023’s Best Places to Shop on Black Friday, offering an average discount of at least [...]
Taxpayers who buy a qualifying new or used clean vehicle may be able to transfer their tax credits to the dealer in exchange for a financial benefit – such as a lower cost – starting Jan. 1, 2024. Benefits of Transferring the Credit Taxpayers can now claim tax credits for [...]
The holidays are best spent with family and friends, not taking a trip to the animal hospital. With the trifecta of Thanksgiving, Christmas, and New Year's Eve coming up, the toxicology experts at Pet Poison Helpline want to warn pet lovers about the many dangers that face pets during this [...]
IRS-certified volunteers are the unsung heroes of tax filing season. Every year, they step up to help taxpayers successfully file their tax returns. Anyone who wants to make a difference in their community, learn about tax preparation, and earn continuing education credits should consider volunteering, according to a news release. There are [...]
With consumers spending hundreds of dollars on Thanksgiving travel and celebrations each year, a new report showcases the Best Places to Go for Thanksgiving in 2023 to help people maximize their enjoyment. Here are the Rankings: Top 20 Cities for Thanksgiving 1. San Francisco, CA 11. Mesa, AZ 2. San [...]
With 2023 rapidly coming to a close, the Internal Revenue Service encouraged taxpayers to review their tax withholding as soon as possible to avoid a potential surprise when they file their tax return next year. Although taxpayers should verify withholding early in the year, an adjustment made in the final [...]
A new survey from U.S. News & World Report's 360 Reviews finds that nearly half of U.S. adults (43%) have experienced some level of insomnia in 2023, and one in five U.S. adults (21%) say they rarely or never wake up feeling well-rested. For the second year in a row, U.S. [...]
The Internal Revenue Service reminded employers that the best way to file their next quarterly payroll tax return by the Oct. 31, 2023, due date is electronically. While paper filing is available, the IRS strongly encourages e-filing. E-filing is the most secure, accurate method to file returns, and saves time, according [...]
