Australian Treasurer Jim Chalmers has admitted that he should have promised Australians that Labor had no plans to change or touch the Capital Gains Tax (CGT) exemption on the family home. The CGT is the tax paid when Australians sell their investments, such as stocks, bonds, or real estate. Homeowners in Australia, however, are exempted…
Tax-Filing Facts for Working Families
Tax season can be nerve-wracking for many American families. There are a lot of deductions that need to be taken advantage of, and the tax laws constantly change. There are some changes this year that will affect your return. For example, COVID-era tax breaks have expired, which may reduce some families’ refunds. But it’s not…
Tesla Requests $330 Million-Plus in Additional Nevada Tax Breaks
RENO, Nev.—Tesla may receive over $300 million in tax abatements over the next two decades for a massive new expansion of its northern Nevada facility, the product of a 2014 deal for when the company first came to the area on the promise of new jobs and major investments in the area. The long-awaited sum—kept…
Sellers and Accountants Applaud Delayed 1099-K Reporting
A required 1099-K form for services from third-party payment networks has been delayed. A 1099-K will not have to be issued for services over $600. Although there is a top number where they will be issued, in tax year 2022, the lower threshold will not count. Many people, like freelancers and online sellers, use third-party…
[Premiering NOW] US Tax Dollars Funding Illegal Immigration Through UN Programs: Todd Bensman
February 23, 2023
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Crossroadsdebit cardsEpochTVFeatured Topicsillegal aliensillegal immigrationLatin AmericaLive VideosNGOsPolicies & ImpactstaxUnited NationsUSUS NewsVideo
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United Nations programs throughout Latin America, and even operating in the United States with the help of NGOs, are running the immigration crisis. This includes direct payments being made to illegal immigrants and asylum seekers in the form of debit cards and even envelopes of cash. And the money for this is coming heavily from…
US Tax Dollars Funding Illegal Immigration Through UN Programs: Todd Bensman
February 23, 2023
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Crossroadsdebit cardsEpochTVFeatured Topicsillegal aliensillegal immigrationLatin AmericaLive VideosNGOsPolicies & ImpactstaxUnited NationsUSUS NewsVideo
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United Nations programs throughout Latin America, and even operating in the United States with the help of NGOs, are running the immigration crisis. This includes direct payments being made to illegal immigrants and asylum seekers in the form of debit cards and even envelopes of cash. And the money for this is coming heavily from…
IRS Delays Tax Document
By Kelley R. Taylor From Kiplinger’s Personal Finance Q: I Have a Side Job and I’m Paid via Venmo. Will I Be Getting a 1099-K Form to Report This Income on My Tax Return? Answer: Not yet. At the end of 2022, the IRS delayed implementation of the so-called $600 rule, which had caused a…
[Premiering 2/23, 10:30 AM ET] US Tax Dollars Funding Illegal Immigration Through UN Programs: Todd Bensman
February 22, 2023
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Crossroadsdebit cardsEpochTVFeatured Topicsillegal aliensillegal immigrationLatin AmericaLive VideosNGOsPolicies & ImpactstaxUnited NationsUSUS NewsVideo
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United Nations programs throughout Latin America, and even operating in the United States with the help of NGOs, are running the immigration crisis. This includes direct payments being made to illegal immigrants and asylum seekers in the form of debit cards and even envelopes of cash. And the money for this is coming heavily from…
How Seniors Can Avoid an IRS Tax Audit
Many people, particularly retirees, are often surprised when they get notified of a tax audit by the Internal Revenue Service. Being audited can be unnerving, especially when some seniors think they are immune. The reality is that the IRS can audit anyone if the IRS thinks that tax forms are not honestly reporting income, expenses,…
Democrats Propose ‘Windfall Profits Tax’ on Oil Firms, Accuse Companies of War Profiteering and Price Gouging
February 16, 2023
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Business & MarketsDemocratseconomyenergyoil companiesPolicies & ImpactsPoliticsprice-gougingtaxUSwar profiteeringwindfall profits
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Democrat lawmakers have introduced a bill seeking to impose higher taxes on oil companies for what they claim are “windfall” profits made from “cartel pricing” strategies, even as the Biden administration keeps enforcing policies which negatively affect the sector. The “Big Oil Windfall Profits Tax Act” was introduced in the Senate by Sen. Edward J….
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