3 ways retirees can save on taxes – Yahoo Finance
Many retirees may face higher taxes this year (and next), but there's still time to make strategic moves. what happened? First, seniors' budgets could take another hit this tax season — a federal income tax bill on a portion of their Social Security benefits. Social Security recipients received a high cost-of-living adjustment (COLA) of 8.7% […]
Lawmakers introduce a package of bills to cut property taxes by 40% – KETV Omaha
Nebraska senators aim to reform the tax system in the final days of introducing a unicameral bill. The package of bills is expected to reduce real estate bills by 40%. That is one of the governor's priorities. But a bill introduced by state Sen. Lou Ann Linehan, which differs from Jim Pillen's plan that was […]
Biden roasted for ironic claim on taxes after Hunter indictment
Former Wisconsin Rep. Sean Duffy joins ‘The Faulkner Focus’ to weigh in on the details of Hunter Biden’s indictment. #FoxNews … source
IRS waiving $1 billion in penalty taxes, will kick off 2024 tax season on Jan. 29
The Internal Revenue Service (IRS) announced that taxpayers can begin paying taxes on their 2023 earnings starting January 29. (iStock) The Internal Revenue Service (IRS) has waived nonpayment penalties for eligible taxpayers affected by the 2020 and 2021 collection notice suspension. This penalty reduction will benefit nearly 5 million taxpayers, resulting in an estimated $1 […]