Liz Weston: Medicare recipient should spend down their HSA to avoid heir’s tax burden – OregonLive
Dear Liz: I use Medicare, but I also have a health savings account with a fair market value of over $9,000. Can I spend this on prescriptions, eye care, etc.? I hate wasting this money. My wife passed away and it sat there for a while. answer: You can't contribute to HSAs after using Medicare, […]
Is my tax and Social Security data safe from DOGE? Safeguard these sensitive records. – USA TODAY
If you follow the news, you've probably read about government efficiency and its seemingly bottomless terrorist invasion, including its potentially sensitive tax and social security records. Elon Musk's cost-cutting campaign sparked fear about the data itself. Simultaneous mass layoffs of government workers could result in fewer trained hands available to protect records. Some security experts […]
Buffett touts Berkshire’s record tax payments, urges government to spend wisely
Brian Belski, chief investment strategist at BMO Capital Markets, discusses whether market pullbacks are something investors should be concerned about making money. Warren Buffett, chairman and CEO of Berkshire Hathaway, released his annual letter on Saturday. This promoted the company's record-breaking tax payments last year, prompting the federal government to spend money wisely. When Buffett […]
Georgia gun sales tax holiday latest | FOX 5 News
The state senate passed a bill that would create a sales tax holiday for firearms purchases in Georgia. The bill passed along party … source
The IRS is firing thousands of workers. Will it affect your tax refund?
(Nexstar) – As the IRS fired thousands of employees on Thursday, many Americans may wonder whether their tax returns or refunds will be affected. Government officials who asked to remain anonymous confirmed news that the IRS culled 6,700 employees to Nexstar News Nation. This represents the latest mass churn amid the ongoing purge of federal […]
IRS warns taxpayers of ‘significant changes’ this tax season: Here’s why – PennLive
The Internal Revenue Service (IRS) encourages taxpayers to make “essential preparations” and recognize “significant changes” that could affect their 2024 tax returns. The 2025 tax season begins on January 27th, with some taxpayers already beginning to file tax returns with the IRS. Above February 19ththe IRS has released annual updates “Tax Time Guide”“This instructs taxpayers […]
IRS slashing thousands of employees in heat of US tax season – BBC.com
The Trump administration is cutting more than 11,000 jobs in the Internal Revenue Service (IRS) and the Pentagon as part of its efforts to reduce the size of its federal workforce. The approximately 6,000 layoffs in the IRS began Thursday, coming in the middle of the tax season as millions of Americans filed returns. The […]
Washington’s Uncertainty Tax May Be Already Slowing Growth
There is something interesting about tax policy. The mere possibility that it may change even if it hasn't changed can cause real economic damage. This leads to debate over bonus depreciation. This is a provision that, in the grand tradition of tax policy, Washington has become unnecessary complicated, and now has caused economic uncertainty, subject […]
Rep. Brandon Gill reveals the SHOCKING amount of your tax money funding NPR and PBS
A few weeks ago, Trump-appointed Federal Communications Commission Chairman Brendan Kerr began an investigation into NPR and PBS. It's time. For decades, Republicans have proposed network refunds, but have suggested that they are useless. Now that the investigation has been opened, liberals are furious. After all, these media push the radical left agenda. And they […]
How YOUR tax dollars are being WASTED in Ukraine — will Trump END this?
Unlike Joe Biden, President Donald Trump is not easy in Ukraine. At a press conference at Mar-a-Lago, Trump suggested that Ukraine will cause war in Russia and that a country run by Volodymyr Zelenskyy should hold another election. Later in the Social Post of Truth, he called Zelenkiy a “dictator,” pointing out that billions of […]