AnchormosaicTrump’s 2017 tax cuts made income inequality worse. Here's howverified_publisherFast Company - BY The ConversationTrump’s 2017 Tax Cuts and Jobs Act has disadvantaged middle-income, low-income and Black taxpayers in several ways. The Tax Cuts and Jobs Act, a set of tax cuts Donald Trump signed into law during his first term as president, will expire on Dec. 31, 2024. As Trump and Republicans prepare to …
AnchormosaicNew IRS 1099-K Tax Rule: Here's What Freelancers Who Made Money on PayPal or Cash App Need to Knowverified_publisherCNET - Courtney JohnstonIf you earned over $5,000 or more in income via third-party apps, you should get a 1099-K to file with your tax return. If you earned over $5,000 or more in income via third-party apps, you should get a 1099-K to file with your tax return. After two consecutive delays, the IRS is moving forward with …
AnchormosaicTurboTax Dives Deeper Into Automated Tax Prep With Improved AI Featuresverified_publisherCNET - Danni SantanaThe tax filing giant announced improvements to its Intuit Assist AI technology and a handy tracker for Full Service Live customers. The tax filing giant announced improvements to its Intuit Assist AI technology and a handy tracker for Full Service Live customers. TurboTax is rolling out new features …
AnchormosaicThis Little-Known IRS Trick Can Protect Your Income Taxes, but You Need to Act Nowverified_publisherCNET - Peter ButlerThe IRS recommends every US taxpayer create an IP PIN to lock down their taxes, but the feature is soon closing for maintenance. The IRS recommends every US taxpayer create an IP PIN to lock down their taxes, but the feature is soon closing for maintenance. Is your Social Security number and other …
AnchormosaicJob hoppers: Here's what to do with your 401(k)verified_publisherFast Company - BY Associated PressEach job switch sees a median 10% increase in pay but a drop of 0.7 percentage point in their retirement saving rate. Job hopping is one of the best ways workers have to increase their pay, and a surprisingly solid job market means they still have opportunities. That’s great news for workers, but …
AnchormosaicThe IRS is rolling out its free tax-filing tool to 30 million Americans—and surprisingly, it's greatverified_publisherFast Company - BY Bryce CovertWith Direct File, the U.S. government built a free tax tool that stands up to traffic pressure and receives high marks from users. Some 30 million Americans across the country will have a new way to file their taxes next spring: Direct File, a tool developed by the Internal Revenue Service (IRS) …