Taxes
Cities across US making decisions on stadium construction deals for major sports teams
Read full article: Cities across US making decisions on stadium construction deals for major sports teamsCommunities across the country are trying to decide whether or not to shell out big bucks for professional sports stadiums. Supporters promise economic growth, but critics say the reality never lives up to the hype.
Could you see more relief on your taxes this year?
Read full article: Could you see more relief on your taxes this year?In a rare breakthrough, the House passed a $78 billion tax package, with bipartisan support, that would enhance the child tax credit for lower-income families and boost tax breaks for businesses.
Georgia Governor Kemp wants to amend bill to speed up state’s income tax cut
Read full article: Georgia Governor Kemp wants to amend bill to speed up state’s income tax cutIn Georgia, a bill passed in 2022 that reduces the state income tax each year until it reaches 4.9% by 2029. Governor Brian Kemp is looking to amend the bill to speed up the state’s income tax cut.
Why Shohei Ohtani’s heavily-deferred contract could be model pro athletes ask for going forward
Read full article: Why Shohei Ohtani’s heavily-deferred contract could be model pro athletes ask for going forwardOhtani has decided to defer $680 million of the contract until after his playing days are over, meaning he’ll take in roughly $2 million of salary each year for the duration of the contract that will run through 2033.
IRS aims to go paperless by 2025 as part of its campaign to conquer mountains of paperwork
Read full article: IRS aims to go paperless by 2025 as part of its campaign to conquer mountains of paperworkMost taxpayers will be able to digitally submit a slew of tax documents and other communications to the IRS next filing season and the agency plans to go completely paperless in 2025.
Ponte Vedra man must pay over $1.9M back to IRS for tax evasion
Read full article: Ponte Vedra man must pay over $1.9M back to IRS for tax evasionA Ponte Vedra man who pleaded guilty to willful tax evasion was sentenced Tuesday to a year and a day in federal prison and ordered to pay $1,927,077.90 in restitution to the Internal Revenue Service.
Tick Tock: If you need extra time for taxes, here’s what to do
Read full article: Tick Tock: If you need extra time for taxes, here’s what to doYou need to get your 2022 tax return in to the IRS by next Tuesday, but if you can’t meet that deadline, you need to request an extension as soon as possible.
You’ve filed your taxes -- now, what should you do with those documents?
Read full article: You’ve filed your taxes -- now, what should you do with those documents?If you’ve finally gotten your taxes filed, you’re probably ready to put it all away and move on. Have you considered which documents you should keep? And for how long?
IRS issues tax relief for Floridians following Hurricane Ian’s devastation
Read full article: IRS issues tax relief for Floridians following Hurricane Ian’s devastationThe Internal Revenue Service announced Thursday that taxpayers affected by Hurricane Ian are eligible to receive tax relief following the recent disaster declaration issued by the Federal Emergency Management Agency.