News

Louisiana school board backs governor’s teacher raise plan

Source: apnews.com - Mar 14, 2019

BATON ROUGE, La. (AP) — Gov. John Bel Edwards’ push to give Louisiana public schoolteachers a pay raise and school districts their first spending increase in years won support Tuesday from the... Read more >

Category: General Business

Inequality and Tax Rates: A Global Comparison

Source: cfr.org - Mar 14, 2019

As the 2020 campaign for the presidency of the United States gets underway, candidates have announced a raft of new tax proposals, including increases in the top marginal income tax rate, the... Read more >

Category: General Business

What if I can't afford to pay my taxes?

Source: nbcnews.com - Mar 14, 2019

It’s the surprise you don’t want when preparing your tax return — instead of the anticipated refund, you owe money. Millions of Americans are getting hit with unexpected tax bills this year.... Read more >

Category: General Business

THE COLOR OF MONEY: CPA experts answer the most common 2019 tax-return questions

Source: pottsmerc.com - Mar 12, 2019

WASHINGTON — Some taxpayers are feeling a little battle weary after filing their 2018 returns. People are shell-shocked. Either they got less of a refund than they expected, or they've been hit... Read more >

Category: General Business

axes 2019: How long should I keep my tax returns?

Source: usatoday.com - Mar 12, 2019

When it comes to tax returns, the rule of thumb is to store those suckers for seven years in case the Internal Revenue Service or state government has some questions. But for most taxpayers,... Read more >

Category: General Business

Dems seek relief for worried taxpayers in tough filing season

Source: thehill.com - Mar 12, 2019

Democratic lawmakers and taxpayer rights advocates are stepping up their calls for the IRS and Congress to provide more help for taxpayers during a filing season challenged by President Trump's tax... Read more >

Category: General Business

Benefits Planner: Retirement

Source: ssa.gov - Mar 2, 2019

Benefits For Your Spouse Even if you have never worked under Social Security, you may be able to get spouse’s retirement benefits if you are at least 62 years of age and your spouse is receiving... Read more >

Category: General Business

Working While Receiving Social Security Disability Understand how job opportunities can impact your disability benefits.

Source: money.usnews.com - Mar 2, 2019

To become eligible for Social Security disability benefits, you must be unable to engage in substantial gainful activity. However, you may be able to earn a small amount of income while receiving... Read more >

Category: General Business

After weeks of worry, Americans' tax refunds are finally trending up

Source: businessinsider.com - Mar 2, 2019

After three weeks of hand-wringing, some Americans got good news about the size of their tax refunds. The IRS data from the first three weeks of the tax season showed that the size of the average... Read more >

Category: General Business

Here's your tax bill if you hit the $348 million Powerball or $267 million Mega Millions jackpots

Source: cnbc.com - Mar 1, 2019

If you have dreams of hitting the jackpot in the next Powerball or Mega Millions drawing, remember that a big slice of what the lottery giveth, the taxman taketh away. With no one nabbing the top... Read more >

Category: General Business

7 Ways To Get A Jump On Your 2019 Income Taxes Before Putting Away Your 2018 Return

Source: forbes.com - Mar 1, 2019

Headlines say many people were surprised by their 2018 tax bills. Some paid less than they expected because of the 2017 tax law, but others were disappointed with their savings or paid higher... Read more >

Category: General Business

After slow start, tax refunds are ticking up, with the average check now more than $3,000

Source: cnbc.com - Mar 1, 2019

Close to a month into tax season, tax refunds are starting to increase. The average check is now $3,143 for the week ended Feb. 22, according to the IRS. That's just about on par with last year's... Read more >

Category: General Business

Jackson Square artists need to renew their permits

Source: wgno.com - Feb 25, 2019

NEW ORLEANS – Next Thursday, January 31, is the deadline for artists to get the necessary permits to sell their work in or near Jackson Square. The City of New Orleans wishes to remind all... Read more >

Category: General Business

Americans shocked by impact of new tax law: "My jaw hit the floor"

Source: cbsnews.com - Feb 25, 2019

Wait, I owe the IRS? The first tax filing season under the new federal tax law is proving to be surprising, confusing — and occasionally frightening — for some Americans, especially those... Read more >

Category: General Business

Tax Credit For The Elderly Or Disabled

Source: postbulletin.com - Feb 23, 2019

If you are over age 65 or are retired due to a disability, you may be eligible for a separate tax credit designed to help the nation's seniors and disabled. Even better than a deduction, the Senior... Read more >

Category: General Business