There are some new schedules and other changes that taxpayers need to be aware of this year. The 2018 Form 1040 replaces prior year Forms 1040, 1040A and 1040EZ. The 2018 Form ...
Read More »Kansas to see lower sales tax on groceries
Kansans are set to see a decrease in sales tax they pay on groceries. The savings are part of legislation approved by the Republican-controlled Kansas House and also includes income tax relief ...
Read More »Trump gets 92% negative media coverage but his approval rating is clobbering Obama’s
In spite of overt animosity by the media toward President Donald Trump, the president still draws support from a significant portion of the American people, in greater numbers than former President Barack ...
Read More »IRS makes changes to EITC Tax Benefit and Child Tax Credit
The IRS is now requiring proof of residency to claim the Earned Income Tax Credit and Child Tax Credit for qualifying dependents (all children being claimed on the return). These credits can be ...
Read More »Democrats propose massive 80% tax rate, policies like Venezuela’s
Following a proposal for a 70 percent tax on the rich by Rep. Alexandria Ocasio-Cortez (D-N.Y.), Ilan Omar, a freshman Congresswoman from Minnesota, suggested that wealthy Americans should pay as much as 80 percent ...
Read More »State lawmakers shocked at $532 million budget deficit
Missouri’s Department of Revenue is in a pickle after it shocked state lawmakers Wednesday by announcing a $532 million dollar budget deficit. The news has state lawmakers wondering what happened, who’s to blame ...
Read More »Dave Says – Close up small business?
Need some financial advice? Debt and Income Crisis? Pay off the house first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Dear Dave, I have a ...
Read More »Kelly: more money for schools, Medicaid expansion, welfare, gun control, climate change; restrict faith-based adoption
Kansas Gov.-elect Laura Kelly insists the state budget she’s preparing can fully fund the state’s schools, expand Medicaid coverage to another 150,000 people and begin to repair a troubled child welfare system ...
Read More »Steps taxpayers can take now to get ready to file their taxes in 2019
The IRS reminds taxpayers there are steps they can take now to make sure their tax filing experience goes smoothly next year. Taking these steps will also help them avoid surprises when ...
Read More »France burns as workers battle increased taxes imposed by President Macron
Just a week ago President Emmanuel Macron of France was scolding America for its unwillingness to raise taxes to reduce carbon emissions. Now the flamboyant leader, who was regularly compared to John ...
Read More »Missouri Ballot Measures
Here are the ballot measures appearing in 2018 general election. Our next article will give our thoughts on each one. Check back later for more info. Amendment 1 [full text] [Proposed by Initiative Petition] Official Ballot ...
Read More »Fueling safer roads in Missouri
When the Missouri Department of Transportation conducted an extensive study of roads and bridges, including the Buck O’Neil bridge in Kansas City several years ago, the inspection revealed a laundry list of ...
Read More »Gas tax for roads will cost families just $1.25 per month
A November ballot measure to increase Missouri’s gasoline tax by ten cents a gallon has the backing of Lieutenant Governor Mike Kehoe (R). The Jefferson City Republican spoke to hundreds of local ...
Read More »American taxpayers on hook for California high-speed rail
What has already become known as California’s boondoggle, the high-speed rail project is reportedly getting even more pricey. Eventually connecting 8 of the 10 largest cities in California, the project now faces ...
Read More »Missouri expands website to watch government spending
Missouri citizens will now have an expanded ability to check-up on state government and it’s spending habits. A new public-facing portal for state monetary data aims to be a significant update on ...
Read More »Young women benefitting from lowest unemployment since 1956
Young women looking for work are one of the biggest winners since new economic policies were initiated after the 2016 presidential election. The latest data, tentatively released at the beginning of the ...
Read More »Dave Says – It’s Baby Step 1 for a reason
Need some financial advice? Debt and Income Crisis? Pay off the house first? Check cashing? Taxes? Check out what folks are asking Dave Ramsey. Dear Dave, I’ll be receiving my income ...
Read More »IRS continues warning on impersonation scams
With tax season completed, the Internal Revenue Service has warned taxpayers to remain vigilant for phishing emails and telephone scams. Summertime tends to be a favorite period for scammers because many taxpayers ...
Read More »30 million taxpayers ignored new withholding guidelines
Congressional auditors say about 30 million people – 21 percent of U.S. taxpayers failed to change their withholding this year. That caused employers to withold too little from their paychecks under government ...
Read More »Crossroads wants food trucks to show them the money, imposes high fee
Food in the Crossroads entertainment district could get a little pricier after a new fee on food trucks is imposed. Earlier this month, vendors were told by the Crossroads Community Association (CCA) ...
Read More »How Enrolled Agents Can Help You
Enrolled Agents (EAs) are federally-licensed tax practitioners who may represent taxpayers before the IRS when it comes to collections, audits and appeals. As authorized by the Department of Treasury’s Circular 230 regulations, ...
Read More »Higher fuel tax to fund improved highways, bridges
Missouri drivers, tired of having some of the nation’s worst roads, have been less resistant recently to increased taxes to improve them. Part of the lack of resistance could be the booming ...
Read More »Branson nixes nearly $500 million water park
BRANSON, Mo. — Last night city leaders in Branson rejected a nearly half-billion-dollar proposed water park resort, that taxpayers were asked to help finance. Branson City Hall In a vote of five no’s ...
Read More »IRS gives taxpayers extra day after computer glitch
Oh, what fun! Americans are getting an extra day to file their taxes after key elements of the IRS website crashed on deadline day. The IRS said that individuals or businesses with ...
Read More »Jerusalem wants to tax church-owned businesses
In the United States, houses of worship do not pay tax on their facility. But when that institution crosses the line and purchases property like an office building, water park, coffee shop ...
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