#Canadian #national #newspaper's deep #analysis of the effect of #Trump's #new #executiveorder on #marijuana/ #hemp. #Recreational #not #legalized. #Stocks #prices went #down. But #research is now legalized, and there are #new #tax #deductions for #pot #companies.
#deductions
Mastering tax for multiple side hustles can be a game-changer. This comprehensive guide helps gig workers and entrepreneurs navigate complex tax rules, save money, and avoid common pitfalls. Learn the secrets to tax planning for multiple income streams. #TaxPlanning #SideHustles #SelfEmploymentTax #Deductions #IncomeStreamshttps://morninginfor.blogspot.com/2025/08/how-3-side-hustles-can-change-your-tax.html
Wondering about no deductions under New Tax Regime for AY 25-26? Just a small video to solve your doubts and deductions available under it. #IncomeTax #NewTaxRegime #Deductions #NPS #TaxBenefit #TaxDeductions
@Auxonic who cares about people praying in public. What we should be doing is stopping the tax payer subsidization of religion in #Canada, let’s eliminate all charitable #tax #deductions to #churches.
Personal services income, also referred to as PSI, is income mainly produced from your personal skills or efforts as an individual. Do the rules apply to you?
Taxes!
I'm 47 yrs old and I learned something about taxes today.
Most importantly:
Standard Deduction vs Itemized Deduction
Most are incentivized to do the Standard Deduction. It makes sense.
Why choose to itemize if it means a higher taxable income?
The unfortunate part has to do with the HIGH threshhold to itemize. Married-joint filing is ..$29k !!
This means: Unless youre deducting more than that, you should take the std deduction.
Idaho Property Tax Reduction
https://www.zrivo.com/idaho-property-tax-reduction
#Deductions #PropertyTaxes #StateandLocalTaxes #zrivo
The state of Idaho is waiting on data from local taxing districts before it can start calculating property tax savings. The circuit breaker credit accounts for the ability to pay and reduce property taxes on homes and up to one acre of land. Idaho Property Tax Reduction Applications are available at the assesso...
https://www.zrivo.com/idaho-property-tax-reduction
Montana Personal Deductions and Credits
https://www.zrivo.com/montana-personal-deductions-and-credits
#Credits #Deductions #StateandLocalTaxes #StateDeductions #zrivo
Montana is a taxpayer-friendly state with low sales and property taxes. However, its income tax rate is fairly high. To help offset this, the state offers a variety of credits and deductions. Some of these include the Earned Income Tax Credit, college savings account ...
https://www.zrivo.com/montana-personal-deductions-and-credits
DWP takes millions from benefit claimants to pay for its mistakes
https://www.bigissue.com/news/social-justice/dwp-benefit-claimants-mistakes-overpayments/
#IRS Raises Income #TaxDeductions to Account for #Inflation;
Standard #deductions for 2024 will be 5.4% bigger, as will the thresholds for each #incometax bracket
https://themessenger.com/business/irs-raises-income-tax-brackets-5-4-percent-inflation-adjustment
Tories take benefits from the poor to pay ‘forgotten’ debt
https://socialistworker.co.uk/the-troublemaker/tory-take-benefits-from-the-poor-to-pay-forgotten-debt/
#Benefits
#Tories
#Poverty
#TaxCredits
#TaxCreditOverpayment
#UniversalCredit
#UC
#Debt
#DWP
#Deductions
#DeductionsFromBenefits
"#Workers in the #US have an estimated $50bn-plus #stolen from them every year, according to the #Economic #Policy #Institute, surpassing all #robberies, #burglaries and motor vehicle #thefts #combined. The majority of these stolen #wages are never recovered by workers.
Between 2017 to 2020, $3.24bn in stolen wages were recovered by the US Department of Labor, state labor departments and attorney generals, and through class- and collective-action litigation.
#Wage theft disproportionately affects lower-wage workers, women, people of color, and immigrant workers, and negatively affects local #economies and #tax #revenues.
There are numerous forms of wage theft, from #employers not #compensating workers for time #worked, #violating minimum #wage and #overtime #laws, misclassifying #employees as independent #contractors, not providing #legally required meal breaks, confiscating worker tips, or illegally taking #deductions from worker wages."
https://www.theguardian.com/us-news/2023/jun/15/wage-theft-us-workers-employees
Universal Credit: DWP in court over benefits, with 250k people hit
#DWP
#UC
#UniversalCredit
#Benefits
#BenefitDeductions
#Deductions
#UtilityCompanies
#DisabledPeopleAgainstCuts
#DPAC
#FuelPovertyAction
#Affordablility
#Court
#Survival
#Poverty
https://www.thecanary.co/uk/2023/04/17/the-dwp-is-back-in-court-this-time-fighting-a-judges-ruling-over-universal-credit/
How iiiiiinteresting. If any if us #proles declared #losses for a decade the #irs would declare our #business a #hobby, disallow the #deductions, and charge back taxes and hefty #fines and #penalties…
https://news.yahoo.com/stand-accountant-confirms-trump-claimed-001106247.html
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