Washington — House Speaker Kevin McCarthy on Saturday reached a last-minute compromise to keep the federal government running and avoid a costly shutdown. A 45-day stopgap spending bill with wide bipartisan support in both chambers passed both the House and Senate with hours to spare, and ...
By complying with a $15 minimum wage, I would essentially be forced to compete with the federal government and artificially raise my business costs, even if the revenue stream isn’t there to justify it. In my case, I would be forced to do one of two things: Eliminate the phone-answerin...
Maya MacGuineas, the president of the Committee for a Responsible Federal Budget, said the public may not even notice the effects if the shutdown is short-lived. "The truth is, most people won't really feel much of a difference," MacGuineas said. "If you've got a vacation planned to...
Do you pay taxes when you sell a house? Understand how to calculate your taxable gain, including how to adjust for your home's cost basis, the impact of home improvements, and strategies to maximize your home-sale tax benefits under IRS rules.
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Related: What to Do if You Can't Pay Your Taxes For most states this year, those estimated payments will be due on April 15, June 17 and Sept. 16 and Jan. 15, 2025, based on your profits for that quarter. You may have the option to use the Electronic Federal Tax Pa...
An unpaid debt that is past the statute of limitations is considered “time-barred.” This means that creditors can no longer sue you to collect the debt, but it doesn’t mean you no longer owe it. How you handle a time-barred debt is up to you. According to theFederal Trade Commissi...
Charitable donations deadline.If you itemize deductions and want todonate to charityto reduce your taxable income, this is the last day to do so for the 2025 tax year. 5.0 NerdWallet rating Federal: $39 to $89. Free version available for simple Form 1040 returns only. ...
Federal income tax returns are due on April 15, but there are several other important dates to remember throughout the year. Kimberly LankfordJan. 27, 2025 Every 2025 Tax Deadline You Need to Know If you’re living paycheck to paycheck, consider these strategies to save money. Emily ...
Social Security is an umbrella term for several federal benefits programs, although most Americans think ofSocial Security benefitsas a monthly payment that begins in retirement. One of the largest government programs in the world, Social Security is expected to pay more than $1 trillion to about...