Tag:

Retirees

IRS Issues Tax Notification That Could Affect Millions IRS Issues Tax Notification That Could Affect Millions IRS Issues Tax Notification That Could Affect Millions
IRS Issues Tax Notification That Could Affect Millions A key federal tax deadline is fast approaching, and it could affect millions of Americans. The IRS is reminding taxpayers that second-quarter estimated tax payments are due Monday, June 16, and that failing to file on time could result in penalties. Those most likely to be impacted include Americans earning income not subject to withholding. This group consists of self-employed workers, freelancers, gig workers, small business owners, investors, and retirees. Corporations are also required to pay. The IRS notes that payments are expected from: Individuals expecting to owe at least $1,000…
Pot Legalization, Climate Change, $4.6B Budget Surplus On MD Lawmakers' Agenda Pot Legalization, Climate Change, $4.6B Budget Surplus On MD Lawmakers' Agenda Pot Legalization, Climate Change, $4.6B Budget Surplus On MD Lawmakers' Agenda
Pot Legalization, Climate Change, $4.6B Budget Surplus On MD Lawmakers' Agenda Lawmakers are facing some controversial issues on the legislative agenda ahead of Jan. 12: The opening day of the 444th session of the Maryland General Assembly. Among them, climate change and the legalization of recreational marijuana. They'll also have to decide how to manage a $4.6 billion budget surplus, which has been largely a result of federal pandemic aid. Democrats, who are in control of the General Assembly, say they want to make upgrades to parks, bridges, schools, and information technology systems a priority. Meanwhile, Gov. Larry Hogan, a Republican, is proposing what he…