1+ day, 18+ hour ago   (424+ words) In an interview Saturday, Frank Bisignano, the commissioner of the Social Security Administration and CEO of the Internal Revenue Service, credited the Working Families Tax Cut Act with delivering the largest dollar value of refunds ever recorded while increasing revenue....

1+ day, 22+ hour ago   (540+ words) Saving the Roth for the kids sounds generous, but a rule most retirees missed in 2020 turned that good intention into a six-figure tax burden spread across a decade of their children's peak earning years. Life After Work desk. Editor: David…...

3+ day, 19+ hour ago   (322+ words) According to the most recent IRS figures, Mississippi had the largest proportion of taxpayers who owed nothing in federal income tax for 2023. An Investopedia review of that data, released the previous month, found the percentage of filers with no federal…...

4+ day, 4+ min ago   (581+ words) Overtime pay has always come with a catch: Work the extra hours, and taxes take a bigger bite before the money hits your account. However, the One Big Beautiful Bill Act signed into law in July 2025 changed that. Eligible workers…...

3+ day, 23+ hour ago   (511+ words) Fiscal year 2025 was a record-breaking 12 months for U.S. tax revenue, as taxpayers paid the IRS a total of $5.3 trillion, a 13.2% increase from FY 2023 and the most tax revenue ever paid, without adjusting for inflation, according to a recent report from the…...

4+ day, 2+ hour ago   (109+ words) The consumer-focused program is meant to promote the state’s significant manufacturing sector. Some news out of Sacramento last month: “Made in California,” a new statewide labeling and marketing program, was launched by Gov. Gavin Newsom to promote products that are…...

4+ day, 5+ hour ago   (355+ words) The Government of Buenos Aires Province has announced the implementation of a new tax withholding regime that will impose a 2% rate on prizes won through online betting. The proceeds will be allocated to healthcare and gambling addiction prevention programmes. Government…...

4+ day, 13+ hour ago   (441+ words) Better alignment with actual liability could ease M40 household cash flow KUCHING: Budget 2027 should look beyond cash handouts for the M40 and consider measures ranging from better-aligned monthly tax deductions to second-chance financing and targeted credit support. Universiti Malaysia Sarawak (UNIMAS) economist…...

4+ day, 23+ hour ago   (791+ words) More American workers are earning their income through a 1099 form instead of a W-2. In July 2023, the most recent year the Bureau of Labor Statistics published a full count, 7.4% of the workforce, about 11.9 million people, worked as independent contractors in their…...

5+ day, 13+ hour ago   (269+ words) The results don’t add up to GOP fiscal responsibility In fact, Republicans profess fiscal responsibility only when they cut programs that benefit all Americans so they can spend more on failing foreign adventures and immigration police. Republicans claim Democrats spend…...