This may worth something:
Tax Prospects Under A Biden Administration
US President-Elect Joe Biden (Photo by Alex Edelman / AFP) (Photo by ALEX EDELMAN/AFP via Getty ... [+] Images)
Biden, like every other candidate, made a lot of promises during the campaign, including what he would do about taxes. Now his transition team has laid out plans. They do not quite follow the promises, but they are in the same spirit. His team wants to raise taxes on businesses and on the wealthy and give marginal additional breaks to lower-income Americans.
How the pandemic could impact your 2020 taxes
EAU CLAIRE, Wis. (WEAU) - Last night we rang in the new year… and tax season. While it's probably not something most people are excited about, it may need more of your attention this year.
Tax preparers are urging people not to procrastinate this year. They say if your 2020 looked different, your taxes might too. Owner of Action Tax Service in Eau Claire, Lori Peabody, has been doing taxes for over 40 years. She told WEAU,
These Tiny Last-Minute Tax Changes Could Be a Big Deal in 2021 - WSJ
Last year Congress passed two important bills in response to Covid-19 that contain a slew of tax changes, with the most recent one signed by President Trump on Dec. 27. Some of the changes apply only to 2020, while others affect more than one year or take effect beginning in 2021. The new year also brings automatic inflation adjustments that slightly shift tax brackets and some other thresholds.
That's a lot to keep straight, so here's a rundown of the most recent tax changes and when they apply, according to the Senate Finance Committee , plus an overview of this year's key tax numbers. Happier New Year in 2021!
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Essential tax tips for 2021 | Fox Business
Americans for Tax Reform President Grover Norquist provides insight into the potential impact of tax raises under a Biden administration.
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Many workers may be faced, however, with different circumstances this year if they opted to work remotely in a state other than their typical, primary residence.
Many Americans lost their jobs either permanently, or temporarily, during the pandemic as businesses were forced to close in an attempt to stem the spread of the virus.
New laws hiking minimum wage, taxes another gut punch for hard hit Massachusetts small businesses
Many see the New Year as a symbol for a brighter future ahead, but for business owners it will usher in a set of new laws — and added expenses — that amount to another gut punch to industries already decimated by the pandemic.
“There’s an onslaught of expenses hitting all our small businesses at once and it’s honestly overwhelming. Very overwhelming,” said Revere tanning salon owner Tina Barresi of Wakefield.
Barresi said her string of five tanning salons is “surviving” but owes “a couple hundred thousand dollars” to landlords, creditors and utility companies.
Deadline approaches to pay property taxes penalty-free | News | carolinacoastonline.com
CARTERET COUNTY — Property owners are reminded they have until Tuesday to pay property taxes before they're considered delinquent and begin accruing interest.
Beginning Wednesday, any unpaid taxes on real and personal property will accrue interest at a rate of 2% for the month of January, plus three-quarters of a percent each month thereafter until the bill is paid. Those penalties apply statewide. Bills are mailed out every year in early August, with taxes due and payable Sept. 1, giving residents roughly a three-month window to pay them penalty-free.
Freeport homeowners will pay the same in property tax in 2021 | TribLIVE.com
Borough council passed the 2021 budget, which includes a general fund of around $550,000 and no tax increase.
The tax rate will remain at 13 mills. Freeport residents haven’t seen a tax hike since around 2008, Treasurer Rich Hill said.
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“That’s our basic two things we do here,” he said. “That’s what we spend our money on for our residents.”
The covid-19 pandemic hasn’t had any significant impact on the borough’s budget, he added.
Happening on Twitter
"It's not that we don't know what needs to be done. And it's not that we didn't learn more about what works, what d… https://t.co/FrIDQWhWi2 TorontoStar (from 1 Yonge St., Toronto, Canada) Fri Jan 01 21:18:38 +0000 2021
We know you will have lots of questions following today's Government announcement. We are expecting further guidanc… https://t.co/73ya2822DE UniofNewcastle (from Newcastle, Tyne and Wear, UK) Wed Dec 30 17:20:52 +0000 2020
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