WEATHER ALERT
Trump promises to cut taxes on tips, overtime, and Social Security. Experts say consumers will eventually pay the price
Read full article: Trump promises to cut taxes on tips, overtime, and Social Security. Experts say consumers will eventually pay the pricePresident Trump promised to make major tax cuts for Americans on the campaign trail, vowing to cut taxes on tips and overtime pay, social security taxes, and reduce corporate income taxes.
California parents sue after getting another couple's embryo
Read full article: California parents sue after getting another couple's embryoTwo California couples gave birth to each others’ babies after a mix-up at a fertility clinic and spent months raising children that weren’t theirs before swapping the infants.
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/d1vhqlrjc8h82r.cloudfront.net/09-01-2020/t_3e52c03d873b4b5f809f497b6ee06369_name_image.jpg)
President Trumps payroll tax holiday gives employers a new option
Read full article: President Trumps payroll tax holiday gives employers a new optionJACKSONVILLE, Fla. Employers are deciding whether they want to participate in President Trumps payroll tax holiday. The tax deferment, or tax delay, is part of an executive action the president signed in August to give workers bigger paychecks. Heres how the Payroll Tax Deferment works. In total, 12.4% of an employees paycheck will be owed back to the IRS. If you make four grand a month, youre going to make an extra 250 bucks a month, which sounds great.
:strip_exif(true):strip_icc(true):no_upscale(true):quality(65)/d1vhqlrjc8h82r.cloudfront.net/06-03-2020/t_b8f842014e664d03b8eefa87fc0bad7c_name_image.jpg)
Still waiting on your tax refund? Here’s what you should do
Read full article: Still waiting on your tax refund? Here’s what you should doJACKSONVILLE, Fla. – While millions of people have received their federal stimulus checks, many are still waiting on their tax refunds from the IRS. It would be so rare because anything over 45 days, the government has to pay interest, and the government doesn’t like to pay interest,” said Wolf Retirement Navigation President Adam Wolf. The clock officially starts within 45 days of the return due date, which is now July 15 or the date the IRS approves your submitted tax return -- whichever date comes later. “If you have a refund coming back, they have to pay you within 45 days. The IRS website has a “Where’s My Refund” page with a link to “Check My Refund Status.” The IRS asks that you use this link before calling.