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!)

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

Kiplinger

A bypass, or AB, trust splits into two trusts when one spouse in a married couple dies, cutting the estate taxes for beneficiaries.

How to Fix a Trust Dilemma to Prevent a Tax Bomb

Retirement Daily

Confused about estimated taxes? See how withholding can simplify your retirement.

Estimated Taxes vs. Withholding: What Retirees Need to Know

SmartAsset

It is easier to take up to $1,000 out of retirement plan savings to help with an emergency under a new rule from the Internal Revenue Service. The IRS announcement clarifies a 2022 law that aimed to reduce paperwork, costs and delays when savers tap retirement funds to cover unexpected expenses. Previously, withdrawing retirement funds […] The post IRS Grants Retirement Account Holders Ability to Withdrawal $1,000 for Urgent Needs appeared first on SmartReads by SmartAsset.

IRS Grants Retirement Account Holders Ability to Withdrawal $1,000 for Urgent Needs

The IRS has issued final regulations on inherited IRAs under the SECURE Act. The rules require most non-spouse beneficiaries to deplete inherited retirement accounts within ten years and take annual Required Minimum Distributions (RMDs). This marks a significant change from the previous lifetime “stretch” withdrawal option. The 10-year...

IRS issues new RMD rules for IRAs

Don't withdraw everything. Learn how to access specific 401(k) funds.

Minimize Taxes on In-Service 401(k) Withdrawals

Polk County, FL

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Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

GOBankingRates

Grant Cardone is a popular investor, speaker and author who is most famous for his "10x Rule." The real estate investor and equity fund manager with $4 billion in assets under management is very...

Grant Cardone: Your Goal Should Be To ‘Earn No Income’ — Here’s Why

A living trust allows you to avoid the lengthy and costly probate process. It allows you to set stipulations before beneficiaries can receive an inheritance. Living trusts can be adjusted -- or revoked entirely -- while you're alive. A living trust can simplify the inheritance process and ensure things go...

3 Benefits of Using a Living Trust to Pass an Inheritance to Your Family

Chicago, IL

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

WashingtonExaminer

Sen. Joni Ernst (R-IA) is pushing for a regular audit of the Internal Revenue Service after a new inspector general report found that nearly 6,000 employees owe nearly $50 million in back taxes. The July 24 report, requested by Ernst and conducted by the Treasury Inspector General for Tax Administration, found that while 96% of […]

IRS audit report finds employees owe $50 million in back taxes: ‘Double standard’

McPhersonBuzz News

The IRS will soon issue tax refunds to help with expenses, while upcoming changes to Social Security work credits and proposed tax reforms in “Project 2025” could affect your retirement planning and financial stability. IRS Tax Refunds Coming Soon – What You Need to Know About Social Security Work Credits and 2025 COLA According to […]

$1,730 to Earn One Credit: IRS Tax Refunds, Social Security Work Credits, and “Project 2025” Tax Reforms – What You Need to Know!

Florida State

Jacksonville Today

Gov. Ron DeSantis has issued a state of emergency in Northeast Florida and across much of the state as a tropical system appears almost certain to develop. The National Hurricane Center said Friday morning that a tropical wave has a 90% chance of developing into at least a tropical depression over the next seven days. Most models show it moving into the Gulf of Mexico and then coming ashore and crossing the state, possibly moving over Northeast Florida.

Tropical system is nearly certain to develop

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

The industrial chemical sector is experiencing significant growth globally, driven by increasing demand across various industries, technological advancements, and the push for sustainability. This article explores the factors contributing to the expansion of the industrial chemical sector, the challenges it faces, and the impact of this growth on the global economy.

The Industrial Chemical Sector: Key Drivers of Growth and Innovation

Tennessee State

John M. Dabbs

NASHVILLE, Tenn. — The Tennessee Department of Health (TDH) has issued a health alert to clinicians statewide following reports of severe acute illnesses and adverse effects of consuming Diamond Shruumz™ brand chocolate bars, cones, and gummies. The warning comes after the Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA) received reports of serious health issues linked to these mushroom-containing edible products.

Tennessee Health Alert: Severe Illnesses Linked to Diamond Shruumz™ Products

Denver, CO

David Heitz

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

Once you retire, your social circle starts to shift. No matter when or where you retire, expect frequent run-ins with these 10 key types of retirees.

The 10 Types of People You’ll Meet in Retirement

Georgia State

Appling County, GA

Daily Coffee Press

A 40-year-old man from Appling County, Christopher Eric Stone, with a significant criminal history, was recently sentenced to over five years in prison after pleading guilty to possession of methamphetamine with intent to distribute, according to officials from the Department of Justice.

Georgia Man Sentenced to Over 5 Years for in Federal Prison for Meth Distribution

NewsBreak

Navigating the Turbulent Waters of Tax Problems with Expert Guidance

In recent years, particularly in the wake of the global pandemic, many Americans have found themselves navigating the treacherous waters of tax issues. From audits and...

Navigating the Turbulent Waters of Tax Problems with Expert Guidance

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