by Andre Falls | Oct 24, 2022 | Taxes
No matter how much people plan, unexpected events occur. Often, those events result in unplanned expenses. To cover these costs sometimes people, withdraw funds from their retirement savings early. While this may seem like an easy way to get cash quick, early...
by Andre Falls | Oct 23, 2022 | Taxes
The standard deduction train picked up even more passengers after the Tax Cuts and Jobs Act (TCJA) of 2017 essentially doubled the standard amounts. And those now more valuable deduction amounts are getting even better, thanks to the recent, and historic, inflation...
by Andre Falls | Oct 23, 2022 | Taxes
Perry’s IRS story also was recounted by Black Enterprise. The coverage from both websites earns this weekend’s dual weekend’s Saturday Shout Out. Paying for proper advice: Perry’s point is well taken. The goal of all taxpayers, and...
by Andre Falls | Oct 19, 2022 | Taxes
The Social Security Administration (SSA) gave retirees and other recipients of the program’s payments good news this week. Next year, they’ll get an 8.7 percent cost-of-living increase. That’s the highest in more than 40 years, and comes on the...
by Andre Falls | Oct 19, 2022 | Taxes
WASHINGTON ̶ The Internal Revenue Service reminds taxpayers in areas covered by certain Federal Emergency Management Agency (FEMA) disaster declarations they may have more time to file their returns to qualify for the penalty...
by Andre Falls | Oct 13, 2022 | Taxes
With little immediate relief from the federal government to respond to record inflation, 18 states are sending —or have already sent—payments to taxpayers.. And while some of these payments are for hundreds of dollars, they’re unlikely to have a big impact on...
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