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Good news for older tax payers: the one, big, beautiful bill introduces bonus tax deduction

 Seniors 65 and older could see major tax savings in 2025 thanks to a new $6,000 bonus deduction under Trump’s latest tax law. 

What’s the difference between a Form W-2 and a Form 1099-MISC or Form 1099-NEC?

Understanding the key differences between employee and independent contractor tax forms

A couple mistakenly overpays $30,000 in taxes, the IRS reclaims the money and they end up with a penalty of hundreds of dollars

A simple check-writing error led to bounced payments, late fees, and hours of frustration with no answers

Goodbye to these Costco products immediately – Here’s the alert with the items that should not be consumed and should be recalled in July

Costco issues urgent product recalls this July—here’s what to stop using immediately and how to return it safely.

Experts pass judgment and point out what could happen with tariffs as of July 9 in the U.S.: “They’re not kneeling or kissing the...

“They’re not kneeling or kissing the ring”—What could happen as the U.S. tariff freeze ends soon. 

Goodbye to $7,500 tax credits for buying an electric vehicle – Here’s the deadline to apply for EV before it’s cut off by the...

Federal EV tax credits are ending September 30—here’s what you need to know before the $7,500 incentive drives off for good.

IRS Form 4070 in 2025: what is it, instructions, how to fill it out and where to apply for the tips on the Tax...

Maximizing savings and managing healthcare costs with HSA-eligible plans.

IRS gives a clue on what can delay paying your tax refund – You won’t like it as it’s tax relief for millions of...

The IRS confirms this week that claiming the Child Tax Credit or EITC can delay your tax refund payment

Should self-employment taxes be paid quarterly or yearly?

Understanding the importance of quarterly estimated tax payments for self-employed individuals

What is the Credit for Other Dependents and who qualifies?

Are you wondering what the credit for other dependents is and who qualifies? stay glued to this news feed.

How much does it cost to study at Yale University in 2025?

Yale University raises tuition for 2025-26: What students and families need to know.

Gambling Loss Deduction in 2025: How much is it, requirements, limits, who qualifies and how to claim it to the IRS

Gambling losses are tax deductible, however, only to the extent of your winnings and requires you to report all the money you win as taxable income on your return.

Historic movie theater chain files for bankruptcy, second time in 5 years – CMX Cinemas owns these 28 locations in eight states

CMX Cinemas stays open as it seeks a financial reboot, with all 28 locations across eight states continuing normal operations during bankruptcy proceedings.

Can you claim a boyfriend or girlfriend as a dependent on income taxes?

Is your wondering if you can claim boyfriend or girlfriend as a dependent then this is a must read.

Who can apply for federal tax exemption and who is eligible for tax exempt status?

A step-by-step guide to understanding IRS tax-exempt applications and filing requirements.

Goodbye IRS Quick Tax Refund in 2026 – Here’s the main reason why you shouldn’t expect a quick payment on your checking account

The IRS is currently undergoing staffing shortages and this may cause payments delay in 2026

Americans who will see their Social Security paychecks increase to $12,000 thanks to the ‘One, Big Beautiful Bill’ – Only two requirements for SSA...

Only seniors who meet two income and age requirements will see up to $12,000 more in their Social Security benefits

If you invested $1,000 in McKesson 20 years ago, here’s how much you would have today

McKesson’s remarkable growth: How a $1,000 investment turned into over $18,000.

More bad news for Tesla: the reason sales are slumping

Elon Musk’s political ties, rising competition, and consumer backlash are driving Tesla’s worst sales decline in company history. 

These are the Floridians who will collect up to $300 from the TCA program in July – Check this list to see if you’ll...

Here’s when your July TCA payment will arrive and how to make sure you’re still eligible. 

Nissan recalls more than 440,000 vehicles for defects that could lead to engine failure – These are the models and model years affected

Here’s what Nissan and Infiniti drivers need to know about the recall, which vehicles are affected, and how to get a free engine check.

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