Columbus, OH

Millions of people with disabilities can expect to receive their September Supplemental Security Income payments, worth up to $943 in nine days. SSI payments will be distributed on Sept. 1 to those living with debilitating disabilities that affect their income, according to the Social Security Administration. Filers must be partially...

Social Security update: September direct payment worth $943 goes out in nine days

SmartAsset

For many people, early retirement means 62. This is the age they can start withdrawing money from their retirement accounts and receive Social Security. For example, let's assume an individual with $425,000 in a Roth IRA, a $1,000 monthly pension, and expect $1,600 in Social Security. Is it going to be enough? As often in […] The post I’m 62 With $425k in a Roth IRA and $2,600 per Month between Social Security and Pension. Can I Retire Now? appeared first on SmartReads by SmartAsset.

I'm 62 With $425k in a Roth IRA and $2,600 per Month between Social Security and Pension. Can I Retire Now?

Social Security beneficiaries should prepare for several changes in 2025 that will impact their monthly benefits. The most significant adjustment will be the cost-of-living adjustment (COLA), which is estimated to be around 2.7% based on current inflation trends, according to the Senior Citizens League. However, higher-than-expected inflation could push this number even higher.

Social Security’s 2025 COLA estimate updated

WashingtonExaminer

The second round of August’s Social Security payments, worth up to $4,873 for the highest-income earners who retire at 70, will go out to the second group of retirees tomorrow. Beneficiaries born between the 11th and 20th of a month receive their checks on Aug. 21. The first round of Social Security payments is typically sent out on the second Wednesday […]

Social Security update: Second round of August payments worth $4,873 to go out tomorrow

FinanceBuzz

In addition to being picturesque, these states let you keep more money in your wallet when you shop. If you live in one of these states, you won't be charged sales tax.

Shoppers in These 5 States Pay No Sales Tax at All

Fox Business

Social Security recipients will receive two checks this month, but it doesn't mean retirees are receiving extra money – it's due to a quirk in the system.

Some Americans to receive rare second Social Security payment in August

While we adhere to strict editorial guidelines, partners on this page also provide us earnings. If you think the U.S. tax system is complicated, you’re not alone. Scott Galloway, professor of marketing at NYU Stern School of Business, believes the complications are the result of various loopholes designed to help wealthy people.

‘Invest, borrow against it, and die’: Scott Galloway explains how to avoid long-term capital gains taxes and take a loan. Here are the pros, cons of this approach

The US Sun

IF you're one of the 50 million Americans who use a popular mobile payment app, you may be entitled to a payment from a $15 million settlement. Cash App is facing a class action lawsuit regarding data breaches between 2022 and 2023. The suit alleges that Cash App failed to...

Americans can claim up to $2,500 from $15 million mobile payment service settlement – you must meet three criteria

According to Newsweek, This week, retirees collecting Social Security benefits can expect their payments, as the Social Security Administration (SSA) disburses funds to millions of Americans. Payments are staggered throughout the month, depending on the beneficiary’s birthdate. In June alone, retirees and their family members accounted for 87 percent of all benefit claims, highlighting the importance of these payments for millions of households.

Up to $4,873 in Social Security Direct Deposits will be disbursed this week

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

New York State

K97.5

Dame Dash reportedly owes New York State $8.7 million in back taxes and penalties, and the state's taxation department has filed a motion in federal court seeking those monies at the auction of his Roc-A-Fella Records share next week.
The post Damon Dash Reported To Owe New York $8 Million In In Back Taxes appeared first on Hip-Hop Wired.
The post Damon Dash Reported To Owe New York $8 Million In In Back Taxes appeared first on K97.5.

Damon Dash Reported To Owe New York $8 Million In In Back Taxes

Snopes

The plan will be "the absolute end of the middle class," U.S. Rep. Lauren Boebert, from Colorado, claimed in an X post.

Fact Check: Yes, Harris Plans to Institute 25% Tax on Unrealized Capital Gains — of Wealthiest Americans

By law, the IRS must notify the State Department if an individual's federal tax debt is "seriously delinquent." This is a large federal tax debt — of more than $62,000 in 2024 — that the taxpayer has repeatedly ignored. If taxpayers don't remedy their overdue bill, the government...

The IRS has a method of 'last resort' to collect overdue taxes: Revoking your passport

Which states charge the highest estate and inheritance taxes, and just how much money will they take? Here is a list of states with the fiercest death taxes.

The 18 States With the Highest Estate and Inheritance Taxes

Iowa State

The National Pork Producers Council (NPPC) is actively working to preserve key tax provisions crucial to the survival and success of pork producers across the United States. Recently, the U.S. House Ways and Means Committee held a field hearing at the Iowa State Fair, focusing on several expiring provisions under the Tax Cuts and Jobs Act (TCJA). The hearing gathered insights from agriculture and business stakeholders, highlighting the critical role these tax provisions play in maintaining financial stability, fostering growth, and enabling strategic business planning within the pork industry.

NPPC Fights to Protect Vital Tax Provisions for Pork Producers

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NewsNinja

‘Any meat items my dogs refuse to eat, I no longer eat.’ It’s said that animals have a “sixth sense,” which affords them an insight human beings cannot match. There are clips of security camera earthquake footage where pets can be seen wigging out seconds before tremors begin.

‘It ain’t food anymore.’: Dairy Queen customer warns against chicken after his dog refuses to eat it

Wyoming State

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Cheyenne, WY

WyoFile

WHITE MOUNTAIN—“That’s a lot of horses,” lamented Cheyenne resident Robyn Smith from a high-desert ridgeline. It wasn’t her first exasperated exclamation. “Argh, oh crap,” was her immediate reaction to learning a federal judge had given the Bureau of Land Management the OK to proceed with plans to fully remove two wild horse herds from the landscape in southwest Wyoming.

BLM wins two lawsuits, clearing way for elimination of two Wyoming wild horse herds

Many provisions of the 2017 tax law are set to expire at the end of 2025. Advocates are already attempting to convince Congress to extend or make permanent key provisions, even as concerns about the growing budget deficit make policymakers look carefully at major tax exemptions, deductions and other breaks.

A tax deduction business owners love is set to expire at end of 2025

CoinDesk

Celsius' bankruptcy administrator has distributed more than $2.53 billion to some 251,000 creditors, it said in its first status report.

Celsius' Bankruptcy Plan Administrator Pays Out Over $2.5B

Custodial accounts allow you to manage assets on behalf of a minor until they reach adulthood so that you can provide a structured approach to financial planning for their future. You may want to save for their education or a future purchase, or perhaps, you simply teach them about the importance of saving and investing. […] The post How to Open a Custodial Account for a Minor appeared first on SmartReads by SmartAsset.

How to Open a Custodial Account for a Minor

NewsBreak

New Zealand to Put OECD Crypto Tax Framework in Place by April 2026

New Zealand plans to put in place the Organisation for Economic Co-operation and Development's crypto reporting framework by April 2026. The measures are meant to help...

New Zealand to Put OECD Crypto Tax Framework in Place by April 2026

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