Tuesday, February 25, 2020

How to file your taxes for free | PCWorld

Most of us pay to have our taxes completed, whether that means hiring an accountant to fill out the forms for us, or using one of the several online or application-based options made available by TurboTax, TaxACT, TaxSlayer, H&R Block, and the like.

Last tax filing season, while you may have qualified for free filing, if you searched for "file my taxes for free" using your favorite search engine, the information for how to do so likely eluded you. In fact, one of my daughters, who technically qualified for free tax filing last year, ended up paying to file her return because she had 1099 income, even though that should not have disqualified her.

Publisher: PCWorld
Date: 2020-02-24
Twitter: @pcworld
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Many things are taking place:

Taxes are expected to rise in Taunton after an assessing tech snafu | Boston.com

A seemingly small line error has created a major problem for Taunton's assessors — and it's going to cost taxpayers.

Officials were forced to essentially reboot their billing process after a software upgrade meant that local public school property was added to the list of taxable properties, they say.

The snafu came when the non-profit Head Start building, adjacent to Taunton High School, was added to the system as a taxable property, which generated invoices for all of the school buildings at the site, Assessor Richard Conti told the City Council last week.

Publisher: Boston.com
Date: 2020-02-24T18:00:08-0500
Author: christopher gavin
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If you're wealthy and haven't filed your taxes, the IRS could soon be ringing your doorbell, and

The billionaire had clashed with Sen. Elizabeth Warren days earlier on nondisclosure agreements.

There are plenty of 2020 cars that start well below the $20,000 mark that are modern, safe and reliable .

Analysts say moderates can't let Bloomberg off the hook, while Sanders "will have a target on his back" because of his bigger-than-expected win over the weekend in Nevada's caucuses.

Cleveland Fed President Loretta Mester says that she doesn't support additional interest-rate cuts .

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Publisher: MarketWatch
Date: 2020-02-24T17:22:00-05:00
Author: Meera Jagannathan
Twitter: @624413
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Too protect local brick and mortar, Haines to consider remote seller tax - Alaska Public Media

The front counter at Haines Home Building Supply has a steady stream of customers on a weekday afternoon.

Employee Robert Adams spoke to a customer about his dog food options on a snowy Thursday. Their price, he said, is a just a little better than what you can find online.

* * *

Store manager Glenda Gilbert said that having items on hand is what has kept the hardware and building supply store in business for the last half century and counting.

Publisher: Alaska Public Media
Date: 2020-02-25T01:18:11 00:00
Twitter: @aprn
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In case you are keeping track:

Taxing Internet Ads Could Raise Lots of Money, but Doubts Persist | The Pew Charitable Trusts

Leading Maryland lawmakers seeking a way to help pay for a $4 billion, 10-year education plan came up with what they consider an innovative idea of where to get the cash: deep-pocketed internet companies.

The Democratic proposal would tax Facebook and Google for every ad the companies run on the computer screens of Maryland residents visiting their sites. If passed, the plan would make the Old Line State the first in the nation to raise revenue by taxing online advertising.

Date: 637182261044113601
Twitter: @pewtrusts
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What Taxes Will I Owe In Retirement?

No one wants to worry about taxes in retirement. But ignoring them can undermine your retirement ... [+] security.

I recently spoke with a prospective client who was adamant that he would not have to pay taxes in retirement. He read and printed an online article which indicated, "You will not owe these taxes in retirement." That myth was reinforced when his employer's human resources associate person told him that he would not have to pay payroll taxes in retirement. Did you catch that?

Publisher: Forbes
Date: 2020-02-23
Author: David Rae
Twitter: @forbes
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WV MetroNews Senators narrowly pass tax overhaul bill, but delay difficult hurdle on accompanying

CHARLESTON, W.Va. — Senators narrowly passed a bill that could lower property taxes for manufacturers and anyone who drives a vehicle while also raising sales taxes and tobacco taxes.

The bill passed 17-16 with one absence after Senate debate over the bill went almost two and a half hours Monday afternoon.

Still to be considered is a resolution allowing citizens to vote on a constitutional amendment allowing the property tax changes.

Publisher: WV MetroNews
Date: 2020-02-24T21:37:41 00:00
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Opinion/Editorial: County holds line on taxes — so far | Opinion | dailyprogress.com

Albemarle County residents got some good news last week when the county executive proposed a budget without a tax-rate increase for next year.

The proposed 2021 budget is slightly smaller than the current one — by 1.3%. In planning for next year, county staff were able to hold the line on the tax rate, at least for now.

* * *

Values rose by an average of 3.4% — which means that even if the rate stays the same, the county's take from real estate taxes will increase that much.

Publisher: The Daily Progress
Date: 2020-02-25T00:00:00-05:00
Author: The Daily Progress
Twitter: @dailyprogress
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