WASHINGTON — The disclosure that President Donald Trump paid little or no federal income taxes for years, including while in the White House, convulsed the presidential campaign on Monday with only five weeks to go and immediately scrambled the equation and stakes of the first debate to be held on […]
taxes
North Augusta City Council began on Tuesday evening considering a budget for the 2021 year, factoring in the effect of coronavirus and adjusting some city fees. “In broad terms, the city is in good fiscal shape,” said City Administrator Jim Clifford to City Council, adding the city is starting off […]
13 ways you can pay less taxes, too According to a New York Times bombshell, President Donald Trump paid just $750 in federal income taxes in both 2016 and 2017, and paid the IRS no income tax in 10 of the previous 15 years. “FAKE NEWS!” the president tweeted early […]
Taxpayers who worked remotely in a state other than their employer’s during the pandemic are facing a complicated tax-filing season that for many includes an unwelcome revelation: having to pay taxes on the same income twice—to the state they worked in and their employer’s state. While taxpayers aren’t supposed to […]
Products featured are independently selected by our editorial team and we may earn a commission from purchases made from our links; the retailer may also receive certain auditable data for accounting purposes. The IRS has begun accepting tax returns, and you can file yours early to avoid the panic of […]
DES MOINES, Iowa (AP) — The Iowa Legislature will convene Monday with Republicans holding large majorities and promising an agenda that could include tax cuts and changes to voting, gun and school attendance laws. Republicans, who in November expanded their majority in the House and maintained their edge in the […]
monkeybusinessimages / Getty Images/iStockphoto Local governments collect property taxes to pay for community needs like public safety, education, infrastructure, street maintenance and recreation. Typically, property taxes are based on home values — and the tax rate varies among municipalities. Find Out: 30 Ways To Upgrade Your Home Without Blowing Your […]
Dan Copp | The Courier It’s property tax time again for Terrebonne and Lafourche. Terrebonne and Lafourche parish property owners received annual tax notices through each parish’s sheriff’s office. Property taxes are due by Dec. 31. Late fees will begin at a rate of 1 percent per month after Jan. 1. […]
Choose the right organization In order for your donation to be deductible, it must go to a nonprofit group that is approved by the IRS. Most often, these are charitable, religious or educational organizations, though they can also be everything from your local volunteer fire company to a group for […]
CHARLESTON, S.C. Homeowners in Charleston may see property taxes go up as the city considers using sales tax money to make up an $18 million budget shortfall. The Post and Courier reports Charleston City Council members are debating a budget proposal that would increase taxes on a $300,000 owner-occupied home […]
Like all other taxable income, the IRS requires you to report prizes and winnings on your tax return, too. That means you might have to pay taxes on those winnings. Your winnings end up being included in your taxable income, which is used to calculate the tax you owe. But […]
More than 40 years after imposing severe restrictions on property-tax increases, California voters might begin rolling them back next week, sending shivers through the state’s commercial real-estate industry. A measure on the Nov. 3 ballot would make the most significant changes to 1978’s Proposition 13 by allowing local governments to […]