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#taxdeductions — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #taxdeductions, aggregated by home.social.

  1. Gizmodo: As Gambling Apps Grow, Bettors are Slated to Owe More in Taxes This Year. “The change, which was part of the Republican-authored and Donald Trump-supported One Big Beautiful Bill signed into law this summer, will impose a tax cap that limits gambling loss deductions to 90% of winnings, down from 100% in previous years. That will go into effect for 2026 income. So while it won’t […]

    https://rbfirehose.com/2025/12/25/gizmodo-as-gambling-apps-grow-bettors-are-slated-to-owe-more-in-taxes-this-year/
  2. Tucked into the new reconciliation bill are tax changes that could reshape how you save for retirement

    Terry Gerton In the run up to the reconciliation bill, we talked a lot about the different…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #childtaxcredit #PersonalFinance #rmgadvisors #rothira #rothtsp #taxdeductions #thiagoglieger #tsp
    newsbeep.com/us/49340/

  3. That spending would be more than offset by dramatically increasing taxes on the wealthiest individuals & corporations, the WH said. #Biden’s #budget would increase the minimum tax on billion-dollar corporations to 21% from 15%. It would raise taxes on US multinationals’ foreign income to 21% from 10.5%, & eliminate some #TaxDeductions for executive compensation.

    #EconomicPolicy #economy #law #POTUS #healthcare #ChildCare #housing #NationalDebt #SocialPrograms