22 10, 2023

Counseling for elderly, volunteer income tax assistance program

By |2023-10-20T11:39:58-08:00October 22nd, 2023|Finance|Comments Off on Counseling for elderly, volunteer income tax assistance program

The Internal Revenue Service recently awarded $51 million in Tax Counseling for the Elderly (TCE) and Volunteer Income Tax Assistance (VITA) grants to organizations that provide free federal tax return preparation. This year, the IRS awarded grants to 45 TCE and 300 VITA applicants. The IRS received 429 applications requesting over [...]

19 10, 2023

Study: Job market robust, but wages failing to keep up

By |2023-10-18T10:58:17-08:00October 19th, 2023|Finance|Comments Off on Study: Job market robust, but wages failing to keep up

The jobs market remains robust by all outward measures, but that is not translating into higher wages for most American workers, according to a report by the Ludwig Institute for Shared Economic Prosperity (LISEP). LISEP issued its monthly True Rate of Unemployment (TRU) for September in conjunction with the third quarter True Weekly [...]

17 10, 2023

Tax gap projections for 2020-21; projected annual gap rises to $688B

By |2023-10-14T14:11:18-08:00October 17th, 2023|Finance|Comments Off on Tax gap projections for 2020-21; projected annual gap rises to $688B

The Internal Revenue Service released new tax gap projections for tax years 2020 and 2021 showing the projected gross tax gap increased to $688 billion in tax year 2021, a significant jump from previous estimates. The new estimate reflects a rise of more than $192 billion from the prior estimates [...]

12 10, 2023

Rapid growth of vacation rentals bookings in Asia reported

By |2023-10-11T10:56:54-08:00October 12th, 2023|Lifestyle|Comments Off on Rapid growth of vacation rentals bookings in Asia reported

Global travel Trip101, which curates and recommends the world's best vacation rentals and hotels, reports that its last 4 years' booking numbers suggest the popularity of vacation rentals among travelers visiting Asian countries is predicted to increase in the foreseeable future, with an 84% jump in 2023 from 2022. Preferences [...]

10 10, 2023

Taxes: Different types of authorizations for third-party representatives

By |2023-10-07T10:05:41-08:00October 10th, 2023|Finance|Comments Off on Taxes: Different types of authorizations for third-party representatives

Taxpayers can authorize a third-party representative to work with the IRS on their behalf. Sometimes this person is an unpaid family member or friend, and sometimes this is a tax professional hired by the taxpayer. Different types of representatives need different authorizations before they can represent the taxpayer to the IRS. [...]

5 10, 2023

Experts: Why pest populations are Rising this fall & winter

By |2023-10-04T10:27:36-08:00October 5th, 2023|Lifestyle|Comments Off on Experts: Why pest populations are Rising this fall & winter

Yuck! There's no question that pests are a year-round issue for homeowners, but did you know that various factors can significantly increase our likelihood of running into certain pest populations? The Numbers After sifting through weather patterns, long-term forecasts, and pest biological behaviors, the National Pest Management Association (NPMA) is [...]

3 10, 2023

IRAs can be important tools in retirement planning

By |2023-09-30T09:57:26-08:00October 3rd, 2023|Finance|Comments Off on IRAs can be important tools in retirement planning

It is never too early to begin planning for retirement. Individual retirement accounts provide tax incentives for people to make investments that can provide financial security when they retire. These accounts can be with a bank or other financial institution, a life insurance company, a mutual fund, or a stockbroker. [...]

28 09, 2023

Two thirds of travelers have used AI or plan to

By |2023-09-27T09:59:30-08:00September 28th, 2023|Lifestyle|Comments Off on Two thirds of travelers have used AI or plan to

In a survey of 1,200 travelers, nearly two-thirds – 64 percent – said they expect to use AI to research or plan travel in the future or have already done so. The survey was conducted by leading travel publisher Matador Network, which is the creator of the personal AI travel [...]

26 09, 2023

Avoiding identity theft scammers posing as the IRS

By |2023-09-23T10:03:38-08:00September 26th, 2023|Finance|Comments Off on Avoiding identity theft scammers posing as the IRS

Imitation may be the sincerest form of flattery, but when scammers pose as the IRS it means trouble for taxpayers. Identity thieves may contact taxpayers through fraudulent calls, emails, texts, or social media messages pretending to be the IRS. Here are tips to help taxpayers know when the IRS is [...]

21 09, 2023

Business leaders: AI will create more jobs than it replaces

By |2023-09-20T10:07:22-08:00September 21st, 2023|Lifestyle|Comments Off on Business leaders: AI will create more jobs than it replaces

Amid rapid digital transformation across the workforce, nearly two-thirds of business leaders believe AI will spur the creation of new jobs, and 69% believe their organizations will require different skills to stay competitive over the next decade. Findings from Multiverse's report, Preparing for the AI revolution: How to build the future [...]

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