Avoid surprise in 2024; review tax withholding before time runs out
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 [...]
Sleep survey: 1 in 5 never well-rested, 1 in 3 prefer sleeping solo
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. [...]
IRS encourages employers to electronically file payroll tax returns
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 [...]
Looking to go abroad? Best in travel destinations for 2024
A new hotlist of trending destinations for the coming year reveals the best in travel 2024 from the top 10 best cities, countries, and regions to include two new categories of the best value and best sustainable destinations, recognizing a total of 50 locations across the globe offering amazing experiences [...]
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 [...]
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 [...]