Tuesday, July 8, 2025

Google Alert - tax

Google
tax
Daily update July 8, 2025
NEWS
Wondering how the new tax law will impact your own finances? Here are some of the major provisions that could touch everyday Americans.
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That includes state taxes that are used to help increase the amount of Medicaid dollars health providers receive, often described as underfunding ...
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The One Big Beautiful Bill Act extends Trump's 2017 tax cuts and introduces new deductions for middle-class Americans, including relief for tipped ...
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The Johnson Amendment is a 1954 amendment to the U.S. tax code that prohibits tax-exempt organizations, including churches, from endorsing or opposing ...
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Homeowners in New Jersey, New York, Connecticut, and California are poised to gain the most from the new SALT deduction in President Trump's tax ...
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President Trump signed a bill offering tax breaks on tips and overtim as part of his 'Big beautiful bill.' · Workers can deduct up to $25,000 in tips ...
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New $6000 deduction will help 88% of beneficiaries avoid taxes on benefits, but it's not a direct elimination of Social Security taxes.
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... tax-exempt status. The move upends a 70-year interpretation of the U.S. tax code, whose Johnson Amendment has barred non-profit groups, including ...
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Under the new legislation, 88% won't pay taxes on those benefits, the report estimated. The standard deduction indirectly accomplishes the president's ...
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Most tax software calculates the taxable portion of the benefits automatically; taxpayers who do their taxes on paper, by hand, use a worksheet in the ...
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Without immediate action by Congress, this essential tax deduction was set to expire at the end of the year, raising taxes on millions of small ...
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Explore how the new $15 million federal estate tax exemption affects lifetime transfer planning and strategies for high-net-worth clients.
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Republicans delivered on President Donald Trump's domestic policy agenda by passing a $3.4 trillion reconciliation bill that lowers taxes, ...
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Charles Myers, chairman and founder of Signum Global Advisors, joins Market Catalysts to explain the economic boost and political risks of the new ...
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The Congressional Budget Office predicts a $3.4 trillion increase in the deficit over ten years. This is driven by significant tax cuts, including ...
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... tax overtime and tax income for Americans. President Donald Trump campaigned on a promise of eliminating taxes on tips during the 2024 election ...
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US President Donald Trump called for new rules that would restrict access to tax incentives for solar and wind projects that already had been ...
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... taxes—jumps to $1,700 starting in the 2025 tax year.6. Tax Benefits for Families Under One Big Beautiful Bill Act. fallback image. (Please use a ...
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Advocates are now trying to correct the record to ensure beneficiaries know how the legislation could affect their tax bill. On July 3, Social ...
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It took nearly five years, but the HITS Act finally became law July 4, with the measure that provides tax breaks to recording artists folded into ...
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The Johnson Amendment to the U.S. tax code prohibits tax-exempt organizations, including churches, from endorsing or opposing political candidates.
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Millions could lose coverage as President Trump's new tax bill rolls back pandemic-era healthcare expansions. Yahoo Finance Senior Reporter ...
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ITR is delighted to reveal all the shortlisted nominees for the 2025 Asia-Pacific Tax Awards.
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Cuts to social safety net programs for the United States' poorest will partly offset the $4.5 trillion in tax cuts weighted toward the wealthy.
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A tax credit reduces your taxes dollar for dollar, whereas a tax deduction lowers your taxable income. "For many taxpayers, I bet the state tax ...
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Marc commented in Law360 Tax Authority on H.R. 1 being budget reconciliation bill is the defining federal tax policy of 2025. "There obviously hasn't ...
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President Trump's bill, which was just passed into law, removes the federal EV tax incentive. There's still time to buy, however — the incentive ...
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The law will significantly also cut taxes, building on the 2017 tax cuts during Trump's first term, and add new restrictions to Medicaid, which ...
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The news this week is full of articles about the provisions in the new One Big Beautiful Bill Act and what the new tax and spending law seeks to do.
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California state, local tax deduction limit grow from $10000 to $40000, benefiting wealthier taxpayers in high-tax areas like Sacramento, ...
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James O'Brien asks: 'how have we been persuaded that a wealth tax is not a good thing?'. Caller Benjamin attempts to answer that question, ...
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As American consumers and businesses face rising costs and economic uncertainty, we need to get serious about addressing a hidden tax on society: ...
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CANTON, New York (WWNY) - President Trump's "big, beautiful bill" slashes Medicaid and food assistance programs, but at tax time next year, ...
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President Donald Trump signed his massive spending and tax policy package on Friday. It includes new tax policy aimed at achieving his campaign ...
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The automaker recently changed its website to list the starting price in the 'mid-twenties,' after Trump's bill eliminated the federal EV tax ...
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U.S. Rep. Dina Titus of Nevada introduced a new bill Monday designed to roll back changes to betting tax law passed in the One Big Beautiful Bill ...
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WEB
Tax Information - World Food Program USA
Give Confidently. For every dollar spent, 91 cents goes directly to supporting WFP's mission to end hunger. ... 2025 World Food Program, USA, World Food ...
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Y'all really paid 8.25% tax on fireworks for the 4th of July to celebrate winning independence ...
While I disagree with alot of our tax system. People tend to conflate what the founders ACTUALLY fought against. It wasn't that taxes existed.
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Revolutionizing Tax Practice With Generative AI (Advancements in Tax Technology)
CPAs with and interest in AI and tax. Prerequisite: None. Unlock the power of generative AI in your tax practice with this exclusive webinar brought ...
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2025 Business Tax Filing Deadlines You Shouldn't Miss - khobtax
Late filing penalties (usually a percentage of the unpaid tax); Interest on unpaid taxes; Missed deductions due to disorganized paperwork; IRS audits ...
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FFD4 Seville Initiative: A Coalition on Tax Expenditures Reform to Strengthen Public Finances
Governments worldwide forgo an estimated 4% of global GDP—around a quarter of all tax revenues—each year through tax holidays, exemptions, ...
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How did taxes develop? : r/AskAnthropology - Reddit
Taxes are a regular part of life now, but if taxes were the same in ancient times as they are now, having a mandatory charge suddenly imposed on ...
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Atlantic City, NJ - Tax Season Updates
Nov. 17 & 18, 2025 · Schedule. Event starts both days at 8:00 a.m. local time and lasts until 4:30 p.m. Check-in opens at 7:30 a.m. Lunch is on your ...
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Tax Appeal Seminar 7/21/25 - Village of Harwood Heights
Tax Appeal Seminar 7/21/25. Print Friendly, PDF & Email. Norwood Park Township Commissioner Steele, in partnership with Mayor Arlene Jezierny, will ...
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Tell Your Legislators to Support the Millionaire's Tax | AFSCME New Jersey
Governor Murphy's budget invests in education and transportation, provides a record pension payment and puts a tax only on New Jersey's millionaires.
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Congress Passes Major Tax Reform Package with Provisions for Trucking - FreightCaviar
Congress approves tax reform boosting trucking investments, but truckers remain excluded from overtime pay protections under the Fair Labor ...
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Damion "Damizza" Young | Thank u @syncmoney for the INDI TAX credit information! as ...
Congress just gave independent musicians a 150 thousand dollar tax break. The Hits Act just passed in Congress and almost nobody is talking about ...
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Tax Bill Is Latest Blow to a Reeling Sector - The Chronicle of Philanthropy
Print. From: Philanthropy Today. Subject: Tax Bill Is Latest Blow to a Reeling Sector. We're sorry. Something went wrong. We are unable to fully ...
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Retirees: Georgia Income Tax Rate Decreasing to 5.19%
This change is part of tax reform under HB 1437. In April 2025, Governor Kemp signed HB 111, accelerating the reduction toward a 4.99% flat tax rate.
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Heads of Tax Administrations' Master Class - ATAF
Subscribe to our newsletter! Get ahold of our monthly digest of the latest ATAF articles, publications, events and job postings.
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Doggo tax made easy(er) : r/3Dprinting - Reddit
Let me know what you think and if you want to print your own. Be sure to share the resulting photos, as pet tax is expected ;).
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Indiana Local Food and Beverage Tax Reporting Changes - Frost Brown Todd
Reporting Requirements. Beginning with the 2023 calendar year taxes, each political subdivision that collects food and beverage tax (and is not exempt ...
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Andrew Lautz - X
Some professional news, though not the biggest tax news you've seen this past week: I've been promoted to Director of Tax Policy @BPC_Bipartisan!
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HB1520 - Modifies provisions of the urban farm tax credit to include certain specialty crop ...
Currently, a taxpayer can claim a tax credit equal to 50% of his or her eligible expenses for establishing or improving an urban farm, up to $5,000.
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UW-Shared Services - Universities of Wisconsin
UW-Shared Services (UWSS) is an administrative service organization, providing consolidated and scalable operational services to all UW ...
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Why Your Business Needs Long-Term Financial Planning | Tax, Audit, and Consulting Services
Discover why financial planning is often overlooked — and how proactive steps like tax and estate updates protect your business and legacy.
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Bringing Tax Expenditures Into the Debate on Financing for Development
And it pledges to "support and engage constructively" in the ongoing negotiations of the UN Framework Convention on International Tax Cooperation – ...
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Tax Incentives Help Preserve Historic Heritage | Buchalter Law Firm
A tax credit is a direct dollar-for-dollar reduction in taxes owed, making it significantly more robust than a tax deduction which serves to reduce ...
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Is Cub Foods Popcorn a Tax Scheme? : r/TwinCities - Reddit
398 votes, 185 comments. Disclaimer: I don't know the nuance of tax law, but this still seems fishy. Who tf is buying this expensive popcorn from ...
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Archive Center • 19-2025 Tax Budget for 2026 - City of Grandview Heights
View Other Items in this Archive | View All Archives. City Council Resolutions - 19-2025 Tax Budget for 2026. This archive is a document file.
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