The reality television star hasn't commented publicly on her finances.
According to new reports, Ja Rule and his wife Aisha Atkins are now being sued by the Internal Revenue Service for over $3 million dollars over unpaid taxes.
A lot of trials were postponed in 2020 due to the pandemic, so perhaps you didn’t get called to jury duty, even though you were expecting to. If you were part of the rare few who did go, you can write off what you made as a juror. Most employers ask that you hand over your juror’s fees to them, and yet, you report those as income. If you gave your juror’s fees to your employer because they continued to pay your salary while you attended trial, you can write off those fees. And don’t forget to write off expenses incurred while on jury duty like parking, meals, or transportation.
This falls under the Lifetime Learning Credit and it covers up to 20 percent of your expenses on up to $10,000 for a maximum credit of $2,000 on further education. So if you took a class this year to boost your job skills, don’t forget to write off your class fees.
Forget "you're fired!" Who wants to hear "you're being audited?"
Do you often dismiss the idea of reparations? This plan might change your mind on the idea.
We've got to do better...
For the recent grad finally getting into the workforce, be sure to do these things!
(Washington Examiner) — Maryland and Virginia saw third-quarter losses in state tax revenue in 2010 compared with the same quarter last year, bucking a national trend showing positive gains. Nationally, states collected $7.6 billion more in taxes during the third quarter this year than in 2009, representing a 4.8 percent increase in state tax dollars, […]
(Wall Street Journal) — 1) Take investment losses. The end of the year is a great time to review your portfolio and your asset allocation. If you have a dog of a stock or mutual fund that you want to eliminate, it is often a good idea to do it by Dec. 31. The losses […]
(Washington Examiner) — District and Virginia officials are preparing to join a national fight to force Internet-based travel sites to pay more in local hotel taxes. The D.C. Council is set to vote Tuesday on a measure that would require discount travel sites like Expedia and Travelocity to pay more in taxes to capture about […]
(AJC) — In 2009, an exclusive, in-depth investigation by the AJC found that amid the historic real estate collapse, many of us paid more in property taxes than we should have. Today marks the beginning of an eight-part series revealing continued flaws in the property tax systems in Clayton, Cobb, DeKalb, Fulton, and Gwinnett counties. […]