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Regressive tax explained: What it is, how it works and who it affects most
A regressive tax is one that is assessed at the same rate to everyone, regardless of their income. They are also sometimes ...
The main difference between a W-9 and a 1099 is that you fill out a W-9, while the business or entity that is paying you ...
Americans are prioritizing financial security for retirement, anticipating multiple income sources. Employer-sponsored plans ...
While Meta said it expects federal cash tax payments to drop significantly because of the One Big Beautiful Bill Act passed by Congress, but the implementation of that act also led to the recognition ...
When planning for retirement, most investors concentrate on what to invest in—stocks, bonds, cash, and other assets. But an equally important, and often overlooked, decision is asset location—which ...
WGN Radio’s Tom Fortino from Alpha Wealth Group gives you the latest financial business news, financial planning advice, and more! On this week’s episode, Tom talks about deferred payment strategies, ...
Welcome to The Logoff: The Trump administration has killed a short-lived IRS program designed to make filing tax returns fast and free. What happened? The fate of IRS Direct File, which was introduced ...
Meta, the parent of Facebook, Instagram and more, saw its top-line revenue jump 26% to a whopping $51.2 billion in the third quarter — a new quarterly record. But a provision of President Trump’s One ...
The Florida Legislature is considering eight bills aimed at reducing or eliminating property taxes. Critics argue that cutting property taxes would lead to a loss of essential community services and ...
Sign up for The Morning Report with all your must-read news for the day. Thousands of San Diego residents were shocked this month to find a $523.20 charge on their ...
Chicago Mayor Brandon Johnson revealed his 2026 budget plan Thursday and in it was a mention of a social media-based tax. But what exactly is that and what would it mean if the budget is passed?
The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their ...
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