A veterinary science professor at Oklahoma State University was flummoxed trying to e-file his 2020 individual tax return due May 17, 2021 over the weekend. The professor, Jerry Ritchey, who has successfully e-filed his returns for umpteen years, got a rejected message. The problem: The Internal Revenue Service still hasn’t processed his 2019 tax return,
Taxes
The Supreme Court of the United States granted a significant victory for taxpayers’ advisors today, which also happens to be tax filing day. It is no wonder that soon after revenue laws were enacted taxpayers sued to prevent the IRS from assessing and collecting tax. We are, after all, a nation founded on a tax
The capital gains tax looks like its set to rise, and that could trigger both major headaches and shifts in investing strategy for those impacted by the hike. Earlier this month, President Joe Biden announced his plan for higher levies on capital gains. Under the President’s proposal, the top capital gains tax rate would increase
As the nation struggles with slowing vaccinations, confusing mask guidance, and the long-term economic implications of Covid-19, the future of cities’ central business districts (CBDs) remains unclear. Will they return to normal, with office workers going back in larger numbers? Or has there been a permanent change in office work that will require permanent changes in how
Here we are again. Just a day away from another tax deadline. If you haven’t filed yet, you have until midnight Monday, May 17th, to file. Here are some last-minute tips. You can still reduce your tax bill If you’ve been waiting to file because you know you will owe money, you still have a chance