FinanceBuzz

Whether you're filing your own taxes or you are a professional, understanding what income the IRS doesn’t tax can be very helpful. Here are 10 types of earnings that are not taxed.

10 Types of Income the IRS Will Not Tax in 2024 (Thankfully!)

An extra check is coming your way if you collect social security!

Social Security Recipients Can Expect to Receive an Extra Payment In August

The Motley Fool

Retirees in these states could receive financial relief on the state level, but federal rules still apply.

It's True: These 13 States Don't Tax Retirement Income

New York City, NY

Nassau County, NY

A convicted New York drug dealer and predatory lender who was freed from federal prison after his sentence was commuted in 2021 by then-President Donald Trump was arrested on assault charges. Jonathan Braun is accused in Nassau County court of assaulting his elderly father-in-law as he tried to protect his...

New York drug dealer whose prison sentence Trump commuted arrested on assault charges

Walmart on Thursday announced a new partnership with fast-food chain Burger King that will offer members of its Walmart+ subscription program 25% off any Burger King order made through the BK app. Walmart positioned the added benefits as cost savings for its members. It comes at a time when cost-conscious...

Walmart adds a Burger King benefit to its membership program

Wealthy businessman Timothy Mellon and former New York Mayor Michael Bloomberg wrote huge, eight-figure checks in July to support major Republican and Democratic super PACs, respectively, gearing up for the 2024 election. Mellon, who donated $50 million in May to Make America Great Again Inc., the super PAC that supports...

Billionaires Timothy Mellon and Mike Bloomberg inject massive sums into 2024 super PACs

Jacksonville, FL

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Jacksonville Today

A historic marker could be erected to honor the victims of the racist mass shooting at the Dollar General store in Jacksonville’s New Town neighborhood nearly a year ago. If approved by the Jacksonville City Council, a marker would be installed at Kings Road and Canal Street on Aug. 25, a day before the first anniversary of the shooting, when a white gunman took the lives of three Black people.

Memorial considered to honor Dollar General victims

The federal government taxes a portion of Social Security benefits if your income exceeds certain thresholds. Retirees in nine states may be subject to additional income taxes from their state government. With advance planning, it is often possible to reduce the amount of state taxes that you will owe. Social...

Retirees in These 9 States Risk Losing Some of Their Social Security Checks

GOBankingRates

Nearly 65 million Americans rely on Social Security benefits to pay the bills and enhance their lifestyles in retirement. Factors like when they claim their benefit, the percentage of their income...

I’m a Bank Teller: 4 Mistakes Social Security Recipients Make

NewsNation

Residents in nine U.S. states are still taxed on retirement benefits but how much they pay depends on their income

Social Security benefits are taxed in these US states

Houston, TX

This story is part of CNBC Make It's Six-Figure Side Hustle series, where people with lucrative side hustles break down the routines and habits they've used to make money on top of their full-time jobs. Got a story to tell? Let us know! Email us at AskMakeIt@cnbc.com. When Leena Pettigrew...

44-year-old’s garage side hustle brings in $148,600 a year: ‘You don’t have to have business experience’

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

'Mad Money' host Jim Cramer takes a look at the Fed's next move and the state of the consumer.

We have to rethink how strapped the consumer really is, says Jim Cramer

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Massachusetts State

A million dollars seems like a lot of money, but even with seven figures in savings, careful spending is necessary to live comfortably throughout your golden years. One way to do that is by relocating to a less expensive state. You might be able to trim your costs through researching just how expensive housing and health care are as well as other non-financial factors like climate and crime. That can help you stretch your savings, though the math can be complex.

American retirees with $1M in savings could go broke much faster in these 5 states — do you live in any of them?

The majority of millennials and Gen Zers worry that the U.S.'s Social Security program may run out of funding in their lifetimes. And around 40% think they "won't get a dime" of Social Security benefits, according to recent data from the Nationwide Retirement Institute. You may have seen reports that...

Young workers worry Social Security will run out of funding in their lifetime—but they have time to prepare, says retirement expert

Virginia State

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Kentucky Vibes.net

Disclaimer: This article was written with the help of A.I. software. On July 28, 2024, a TikTok video posted by Erica W., known as @tasteofmelanin on the platform, garnered significant attention after she exposed disturbing racist decorations in an Airbnb rental. The incident occurred in a rental property that Erica had booked, although the exact location remains unspecified. The video has since gone viral, prompting widespread concern and leading to the removal of the listing from Airbnb's platform.

Airbnb Listing Taken Down After Black Woman Finds Hanging Monkeys and Cotton Used As Decor

Kansas State

Elkhart, KS

The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million. Shan Hanes, pronounced Shane, sent the funds from Heartland Tri-State Bank to cryptocurrency wallets controlled by scammers who had duped him in a "pig butchering" scheme that appealed to his greed, federal prosecutors said.

Cryptocurrency 'pig butchering' scam wrecks Kansas bank, sends ex-CEO to prison for 24 years

The more we learn about ultra-processed foods, the more we learn just how unhealthy they are for overall health. Regularly consuming ultra-processed foods can increase your chances of developing health conditions like heart disease and dementia, according to doctors in the American Medical Association. Ultra-processed foods are typically high in...

The ultra-processed food this dietician never buys: ‘I would not consider [it] a very healthy food’

Social Security benefits are on pace to get a below-average cost-of-living adjustment (COLA) in 2025

Social Security Benefits Get a Cost-of-Living Adjustment (COLA) in 2025. But There Is a Big Problem for Retirees.

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This strategy for required withdrawals in retirement can help you avoid IRS penalties

If you're retired with multiple sources of income, you're expected to withhold taxes or make quarterly payments to avoid IRS penalties. But some retirees can correct...

This strategy for required withdrawals in retirement can help you avoid IRS penalties

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