Former Rep. Debbie Mucarsel-Powell enters Florida Senate race (vs. IDIOT that wants to "sunset" Social Security)

“I’ve been hearing from a lot of Florida families, and they are ready for new leadership, for a change.”

https://www.politico.com/news/2023/08/22/former-rep-debbie-mucarsel-powell-jumps-into-florida-senate-race-00112107

#Politics #Democrats #VoteBlue #news #flpol #VoteBlueToSaveSocialSecurity #Democracy #VoteBlueToSaveDemocracy #elections #USSenate #SocialSecurity #IncomeTaxes #MucarselPowell #DebbieForFlorida

Tax preparers that shared private data with Meta, Google could be fined billions - Enlarge (credit: Pgiam | iStock / Getty Images Plus)

Yesterday... - https://arstechnica.com/?p=1953412 #internalrevenueservice #googleanalytics #onlineprivacy #dataprivacy #incometaxes #policy #google #meta #irs

Ars Technica: Tax preparers that shared private data with Meta, Google could be fined billions https://arstechnica.com/?p=1953412 #Tech #arstechnica #IT #Technology #InternalRevenueService #GoogleAnalytics #onlineprivacy #dataprivacy #incometaxes #Policy #google #meta #IRS

New Yorker: The Hunter Biden Plea Deal Leaves House Republicans in a Pickle https://www.newyorker.com/news/our-columnists/the-hunter-biden-plea-deal-leaves-house-republicans-in-a-pickle #NewYorker #U.S.DepartmentofJustice #News/OurColumnists #RepublicanParty #DemocraticParty #HunterBiden #IncomeTaxes #Republicans #Democrats #JoeBiden

Can't File Your #IncomeTaxes by Today? Here's How to Get an #extension
https://www.cnet.com/personal-finance/taxes/cant-file-your-income-taxes-by-today-heres-how-to-get-an-extension/#ftag=CADf328eec

#IncomeTaxes #Form1040 #Form540

Just finished preping my Fed & State taxes for filing today.

Not due for us here in CA who live in certain affected counties until 10/16 but I only owe a minmal amountto the Feds and nothing to the State and I don't trust that the Feds/State will recognize that I live in a county for which the filing deadline has been extended.

So, I'm going to file "on time" before the generally applicable due date on 4/18 anyway because I don't want to see a late filing notice in my PO Box from either the Feds or the State and then have to jump thru hoops to get them to reverse any fines and interest charges.

https://www.nbcbayarea.com/news/local/california-irs-tax-deadline-2023/3202159/

New Yorker: Generation-Specific Instructions for Filing Your Tax Return https://www.newyorker.com/humor/daily-shouts/generation-specific-instructions-for-filing-your-tax-return #NewYorker #Humor/DailyShouts #GenerationGap #IncomeTaxes #Satire #Humor

With input from tax influencers, a Keeper report discusses five enduring Tiktok myths about personal finances.

https://www.keepertax.com/research/trouble-on-taxtok
#Taxes #IncomeTaxes #TikTok #Misinformation #Finances

You've Got a Month Left to File #IncomeTaxes. Learn When Your #TaxReturn Is Due
https://www.cnet.com/personal-finance/taxes/youve-got-a-month-left-to-file-income-taxes-learn-when-your-tax-return-is-due/#ftag=CADf328eec

More small print from the #budget:

After lobbying by some ministers #JeremyHunt dropped a proposal to require #SoveriegnWelathFunds (SWFs) to pay #CorporationTax

Once again, we can see who this budget was for; with #incometaxes thresholds not rising with #inflation, lifetime pension allowances raised & other measures, for the most part this was a budget for the rich whether living here, or as in the case of SWFs just investing here.

No, as Leona Helmsley said: tax is for the little people

IRS warns millions to hold off on taxes: What’s happening with guidance on state payments?

Taxpayers who received special state-level payments in 2022 are now being thrown a frustrating curveball.

https://www.fastcompany.com/90847830/irs-hold-off-filing-taxes-guidance-state-payments-update
#Taxes #IncomeTaxes #IRS #TaxReturns

Perfect example of the shift that today's #Republican party has made away from what it once was.

Left image - Their "Fair" Tax Act would have taxed EVERYONE the SAME amount.

Right image - "["Fair" Tax Act] explicitly rejects the position, and the principles, of the original Republican Party." - HCR
"[T]he burdens will be more equalized on all classes of the community, more especially on those who are able to bear them." - Senator William Pitt Fessenden (R-ME)

#FairTaxAct #Taxes #IncomeTaxes

Good idea! Never going to happen! Been tried before.

House May Vote on #Abolishing the IRS—and #IncomeTaxes

The bill itself is still worth pondering, though, if only because it’s a such a doozy. The “#fairtax” is a complete makeover of the federal tax system. It repeals payroll taxes, gift and estate taxes, capital gains taxes, and personal and corporate income taxes. In their place, it institutes a 30 percent levy on all new, finished goods and services

https://www.motherjones.com/politics/2023/01/fair-tax-act-earl-carter-house-vote-bill-abolish-irs-income-taxesvote-on-a-bill-to-abolish-the-irs-and-income-taxes/

The lawyer’s got paid more than that for defending those mini #Trumps. Nothing more than a hand slap and a no-no mustn’t get caught next time. Capone went to jail!

Trump Organization fined $1.6 million for tax fraud

Donald Trump’s company was fined $1.6 million Friday for a scheme in which the former president’s #topexecutives dodged personal #incometaxes on lavish job perks a #symbolic, hardly crippling blow for an enterprise boasting #billions of dollars in #assets

https://apnews.com/article/politics-legal-proceedings-new-york-city-donald-trump-manhattan-e2f1d01525dafb64be8738c8b4f32085

And Republicans want to cut funding, making life harder.

IRS watcher sees ‘light at the end of the tunnel’ on massive backlog, just in time for tax season 2023

The National Taxpayer Advocate was cautiously optimistic in her annual report to Congress, but serious problems still abound.

https://www.fastcompany.com/90833842/irs-tax-refund-speed-backlog-2023-ease
#IRS #IncomeTaxes #TaxReturns #Republicans #GOP

A Tax Guru Explains Why Donald Trump May Finally Be in Trouble

The IRS, too, is in danger, says attorney Steven Rosenthal.

https://www.motherjones.com/politics/2023/01/donald-trump-tax-returns-cheating-audit-irs-fraud-losses/
#IRS #DonaldTrump #TrumpTaxReturns #IncomeTaxes

IRS changes for 2023 can boost paychecks, lower taxes

https://www.axios.com/2023/01/02/irs-tax-2023-income-brackets-retirement
#USA #IRS #IncomeTaxes #Taxes

#Trump's #TaxReturns confirm he paid little in #federal #IncomeTaxes in his first and last year of #presidency.

https://www.cnn.com/2022/12/30/politics/donald-trump-tax-returns-released/index.html

Oh boy.
IRS warns taxpayers about new $600 threshold for third-party payment reporting
https://www.cnbc.com/amp/2022/11/23/heres-why-you-may-get-form-1099-k-for-third-party-payments-in-2022.html #1099K #incometaxes

@patricksudlow Why not e.g. 18?
What about inflation hidden tax?

We should fight to abolish #incometaxes.

https://en.wikipedia.org/wiki/History_of_taxation_in_the_United_Kingdom