News

House And Senate Propose Form 1099 Reporting Relief For Gig Workers And Those Who Use Payment Apps Like PayPal For Business
The House of Representatives and the Senate have both proposed changes in the reporting thresholds for Form 1099-K and Form ...
No tax on overtime: Senate GOP’s bill could limit proposed tax break
The current version of the Senate bill would scale back the tax break outlined in the House’s version of the bill, which passed last month.
Journal of Accountancy1d
Tax provisions of Senate Finance’s version of the budget bill
The 549-page text calls for making many provisions of the Tax Cuts and Jobs Act permanent. The committee says that the SALT cap amount is “the subject of continuing negotiations.” ...
The Chronicle1d
What would the ‘big, beautiful bill’s’ higher endowment tax mean for Duke?
The bill might raise the endowment tax for Duke from 1.4% to 7%, and it could raise the tax by nearly 20 percentage points ...
GOBankingRates on MSN1d
What Is Annual Income? How To Calculate It
Your annual income is the total amount of money a person or a business earns during the year. This includes all money ...
Big Town Bulletin on MSN2d
A Simple Guide to Understanding Tax Brackets and How to Maximize Refunds
Tax season can be a stressful time for many people, with confusing forms, deadlines, and an overwhelming amount of financial ...