taxes – Page 10 – XtremeCuztoms

Will You Be in a New Tax Bracket Next Year?

No one likes paying taxes, but they are part of life. Getting your annual taxes as low as you can is something everyone wants, but this next tax year may mean paying more taxes for some. The Internal Revenue Service (IRS) will make a tax bracket-adjustment soon—and it probably will put some people into a…

Former New Jersey Governor, US Representitive James Florio Dies at 85

TRENTON, N.J.—Former New Jersey Gov. James Florio, who championed a plan that substantially raised the state’s sales and income taxes leading to his reelection defeat in 1993, died Sunday. He was 85. His law partner Doug Steinhardt and current New Jersey Gov. Phil Murphy confirmed Florio died in statements on Monday. Florio was a longtime…

Reducing Your Required Minimum Distributions Tax Bomb for Your Heirs

The type of retirement fund you have can seriously affect the amount of money your beneficiaries will receive. With certain types, they could lose a lot of money to taxes because of laws about 401(k)s and other plans. Some simple changes to the type of your retirement account can enable your heirs to avoid a…

If President Joe Biden’s student debt cancellation scheme were to be implemented, it would cost every single American taxpayer in excess of $2,500, according to an estimate by the National Taxpayers Union Foundation (NTUF). Biden’s plan seeks to eliminate $10,000 worth of debt for each federal student debtholder. For borrowers who received federal Pell Grants,…

Best Time of the Year to Retire for Tax Purposes

By Brian Baker From Bankrate Retirement is a goal nearly everyone hopes to reach someday. People spend decades working, saving, and investing to meet their retirement goals, and achieving those goals is a real accomplishment. But how do you know when’s the best time of the year to retire? The time of year you choose to retire…

Economic Crisis: The Spoils of Industrial Policy

This is a strange recession. Jobs remain plentiful even as the economy slows, pushing wages up even as record-high inflation and shortages reduce the standard of living of most Americans. And while many economists point out that the government has had a hand in most economic crises, government intervention in the U.S. economy over the…

California’s Tax Collectors Continue to Reach Outside California

Commentary For some time now, California has been the worst state in the country when it comes to exploiting the most tangential of connections to claim tax liability. Recently, the state reasserted its claim to this dubious distinction by attempting to claim the right to tax the sale of partnership interests by nonresidents. The pace…

XtremeCuztoms

Tag: taxes

Former New Jersey Governor, US Representitive James Florio Dies at 85

Abortion, Marijuana, Slavery: 11 Themes to 2022’s Ballot Measures

Reducing Your Required Minimum Distributions Tax Bomb for Your Heirs

Each Taxpayer on Hook for $2,500 for Biden’s Student Loan Forgiveness Scheme: NTUF

Best Time of the Year to Retire for Tax Purposes

Still No Answer to the Question: Who Pays for Loan Forgiveness?

Economic Crisis: The Spoils of Industrial Policy

California’s Tax Collectors Continue to Reach Outside California

Taxpayers on the Hook for Ruling-Class Debts

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