He also says he has 'very little debt'..... Huh? The guy is in the hole for about a half a BILLION dollars .... I do NOT understand how anyone paying thousands of dollars in taxes votes for a guy who hasn't paid ANY taxes for years while crowing that he's … [Read more...] about Donald Trump says he was “entitled” to NOT pay taxes….
Taxes
No new taxes on those making under $400,000 a year…Biden…
And NO new taxes on small businesses.... Great Pledge campaign pledge! Of course we know Congress writes the tax laws.... But I like him saying he ain't gonna raise my taxes if he can help it.... Democratic presidential nominee Joe Biden said in an interview aired … [Read more...] about No new taxes on those making under $400,000 a year…Biden…
Federal Income taxes are due by July 15….
Don't forget.... And be careful.... The old April 15 deadlines could be the situation next year which cuts down your time between now next years due date for taxes... This year's federal income tax deadline was postponed to July 15 due to the coronavirus pandemic, and … [Read more...] about Federal Income taxes are due by July 15….
The IRS hasn’t opened millions of pieces of taxpayer mail it has received…
With the virus keeping staff from work and the filing deadline pushed back to July? Things have been on hold... Employee's are beginning to return work.... But it will take a while to fully staff up and tackle the backlog of paperwork.... Overall, the IRS … [Read more...] about The IRS hasn’t opened millions of pieces of taxpayer mail it has received…
Stimulus checks won’t be taxed…Unemployment benefits will …
The government is gonna get some of your money back folks.... Billions of federal coronavirus relief dollars are flowing directly into Americans' pockets, but will they have to send some of that money back to Uncle Sam come tax time? The good news: Your stimulus payment … [Read more...] about Stimulus checks won’t be taxed…Unemployment benefits will …
IRS wants their staff back to work…
With stimulus checks and mounting piles of paperwork not opened? The agency has moved to ask its workers to return.... The agency had told staff to take time off due to the virus emergency... And the real is for volunteers right now...Offering incentive pay... If that … [Read more...] about IRS wants their staff back to work…
Senate passes another Virus business assistance bill…$484 Billion…
The main reason for this bill is to replenish the small business loans money that ran out quicker than Congress thought it would... The House will vote on the bill on Thursday.... Trump says he will sign it... There will be Phase 4 bill after this one as the government … [Read more...] about Senate passes another Virus business assistance bill…$484 Billion…
The IRS is Overwhelmed..
They just have too many things going.... (And the country has a virus crisis going on also) This is the same Internal Revenue Service that Republicans went after in budget cuts (sound familiar) back a few years ago because the agency denied several conservative organisation … [Read more...] about The IRS is Overwhelmed..