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Still haven"t filed your taxes? How to avoid penalties or lost refunds

For most Californians, Monday is the deadline for paying your income tax bill for 2023 -- even if you don't file a return. For most Californians, Monday is the deadline for paying your income tax bill for 2023 -- even if you don't file a return......»»

Category: topSource: latimesApr 12th, 2024

TaxWatch: Are you late filing your 2020 income taxes? Follow these steps to finally get them off your back

The IRS has received 126.7 million returns through early May, around 1% fewer than the same point last year......»»

Category: topSource: marketwatchMay 17th, 2021

Top Ten: Weekend reads: How to grow your income in retirement

Also, a deeper look at taxes between states, a challenging relocation question and Uber's tough times......»»

Category: topSource: marketwatchMay 7th, 2021

: Wealthy taxpayers are bracing for more taxes under Biden, but they’re missing this key information

Biden’s proposal would put the top income tax rate back at 39.6%, the rate before the 2017 Trump tax cuts lowered it to 37%......»»

Category: topSource: marketwatchMay 2nd, 2021

Biden cites left-leaning study that 55 of top U.S. companies paid no federal income taxes

President Biden cited a study that said 55 major.....»»

Category: topSource: usatodayApr 29th, 2021

The Wall Street Journal: Capital-gains-tax hike could be a tough sell for Biden even among fellow Democrats

Some Democrats are said to be sensitive to the argument that higher taxes on investment income could slow economic growth......»»

Category: topSource: marketwatchApr 29th, 2021

All About SALT, the Tax Deduction That Divides U.S.

For as long as Americans have paid federal income taxes, they’ve been able to subract some portion of what they paid to their state and local governments. The size and scope of this federal deduction for state and local taxes -- SALT, for short.....»»

Category: topSource: washpostApr 29th, 2021

All About SALT, the Tax Deduction That Divides U.S.: QuickTake

For as long as Americans have paid federal income taxes, they’ve been able to subract some portion of what they paid to their state and local governments. The size and scope of this federal deduction for state and local taxes -- SALT, for short.....»»

Category: topSource: washpostApr 28th, 2021

Lordstown Failed To Pay $570K In Taxes Last Month: AP

Lordstown Motors Corporation (NASDAQ: RIDE) failed to pay $570,000 in real estate taxes due in early March, the Associated Press reported on Tuesday.  read more.....»»

Category: blogSource: benzingaApr 28th, 2021

All About SALT, the Tax Deduction That Divides the U.S.

For as long as Americans have paid federal income taxes, they’ve been able to subtract some portion of what they paid to their state and local governments. .....»»

Category: topSource: washpostApr 28th, 2021

The Community Financial Corporation Announces Record Results of 1.22% Return on Average Assets for First Quarter 2021

First Quarter 2021 Highlights Net Income: Net income totaled $6.3 million for the quarter ended March 31, 2021, or $1.07 per diluted common share compared to net inco.....»»

Category: earningsSource: benzingaApr 24th, 2021

C&F Financial Corporation Announces Record Net Income for First Quarter

C&F Financial Corporation Announces Record Net Income for First Quarter.....»»

Category: earningsSource: benzingaApr 22nd, 2021

NerdWallet: How to deduct Medicare costs on your income taxes

If you itemize deductions on your taxes, Medicare costs, such as premiums and copayments, may be deductible......»»

Category: topSource: marketwatchApr 19th, 2021

Nike responds to report on taxes, says it paid $9.1 billion since 2016

Two weeks after the publication of a report that said Nike hadn't paid federal income taxes in three years, the sportswear giant late Friday said it has paid more than $9.1 billion in U.S. taxes since 2016......»»

Category: topSource: bizjournalsApr 16th, 2021

JPMorgan says it"s time for US corporate taxes to catch back up with the rest of the world

The bank finds the US more reliant on tax revenue from personal income and property, while Biden is "sick and tired of ordinary people being fleeced." venue Presidents Joe Biden (L) and Donald Trump (R). Salwan .....»»

Category: topSource: businessinsiderApr 15th, 2021

When are taxes due? Despite income federal deadline extension, April 15 remains key deadline for some taxpayers.

Federal tax returns are due May 17, but many people still need to pay their first quarter 2021 estimated tax payments .....»»

Category: topSource: usatodayApr 14th, 2021

AMD, Salesforce, HP, Xilinx and Sanmina paid $0 in federal income taxes in 2020 despite $4.1B in combined profits

The five Bay Area tech firms each posted a profit last year, but used a variety of credits and other legal maneuvers to reduce their tax bills to $0......»»

Category: topSource: bizjournalsApr 5th, 2021

At least 55 of America’s biggest companies paid no federal taxes on billions in profits, study finds

FedEx, Duke Energy and Nike are among companies that were able to avoid paying any federal income tax for the last t.....»»

Category: topSource: chicagotribuneApr 2nd, 2021

Nike, FedEx, and 24 other companies with $77 billion of combined income have avoided paying taxes for years, a new report found

55 of America's biggest companies paid $0 in fe.....»»

Category: personnelSource: nytApr 2nd, 2021

IRS will soon send refunds to millions of Americans who paid taxes on their unemployment benefits

The IRS says it will automatically start sending refunds to people who filed their tax returns reporting unemployment income before getting a $10,200 tax break under the American Rescue Plan......»»

Category: topSource: washpostApr 2nd, 2021