Help with taxes for seniors is now easier than ever with the new Tax Withholding Estimator, launched in August on IRS.gov. It includes user-friendly features to help retirees easily figure out the right amount of tax to be removed from their pension payments. The mobile-friendly estimator replaces the Withholding Calculator. [...]
It’s that time of colorful year again – autumn. Mother Nature shows off her colors in places like eastern Canada and New England, where leaves go from green to orange, crimson and glowing gold. The colorful array seen from a cruise ship is one that should be experienced at least [...]
With major tax reform in its second year and taxpayers seeing its full effect on 2018 returns, the Internal Revenue Service is reminding taxpayers who pay estimated tax their third-quarter payment for 2019 is due Monday, Sept. 16. The Tax Cuts and Jobs Act or TCJA enacted in December 2017, changed [...]
Thirty-eight million American adults—15 percent of the U.S. adult population — will be betting on National Football League games this season, according to a new survey by the American Gaming Association. The rapid expansion of legal sports betting has provided increased opportunity for millions of Americans to bet safely with [...]
To minimize or prevent disruptions to the supply of fuel for diesel-powered highway vehicles because of Hurricane Dorian, the Internal Revenue Service will not impose a penalty when dyed diesel fuel is sold for use or used on the highway in Florida. This relief is effective immediately, it said in [...]
On average, Americans spent $1,986 on vehicle repairs and maintenance in the last five years, according to a recent Ally survey conducted online by The Harris Poll among 2,012 U.S. adults. Millennials and Generation Z (ages 18-34 for this survey) paid an average of $2,334 for vehicle maintenance and repairs [...]
All work and no play -- with Americans working an average of almost 1,800 hours per year and the average worker using only 54 percent of their available vacation time, the personal-finance website WalletHub released its report on 2019’s Hardest-Working States in America. In order to determine where Americans work [...]
Although the student debt crisis is big news in the 2020 presidential debate — with all kinds of ideas to rescue students from debt — there has been little talk as to why college is so expensive in general. The New Center — an organization focused on creating the space [...]
The Internal Revenue Service and its Security Summit partners want to remind tax professionals they should report data theft immediately to the IRS and follow an established process for helping the IRS protect their clients. If notified promptly, the IRS can help stop fraudulent tax returns from being filed in [...]
Giving back is the name of the game for the National Association of Realtors. During its annual Leadership Summit in Chicago, the National Association of Realtors announced a new commitment to fight hunger, as NAR will ensure all future events and meetings are Food Recovery Verified. Food Recovery Verified is [...]
