Connect with us

World News

Free tax filing service from IRS to expand to more taxpayers

Published

on


More Californians may be able to file their federal tax returns directly to the IRS online for free next year through a new program that federal officials pledged Thursday to expand significantly in 2025.

After a trial run in California and 11 other states, the IRS’ Direct File program will be made available to all 50 states next year, Treasury Secretary Janet Yellen announced. And over the next few years, the program’s capabilities will be expanded so that more taxpayers in participating states will be able to use it, she said.

The IRS has offered free tax-filing services to lower-income household for years, and limited free services are also available from such companies as H&R Block and Intuit that make tax-preparation software. Direct File, though, had two distinguishing features: It offered step-by-step guidance directly from the IRS, not a third party, and it was available to taxpayers regardless of their household income.

As introduced, however, Direct File was not an option for numerous Californians because the system was equipped to handle returns with only the most basic types of income — wages, retirement benefits from Social Security or the Railroad Retirement Board, unemployment benefits and interest income of $1,500 or less. That excluded self-employed people, business owners, contractors, gig workers and anyone who received premium subsides for Obamacare policies, among others.

Ultimately, the agency wants “to create a fully digital experience for taxpayers if they choose,” so they can do all their business with the IRS online, IRS Commissioner Danny Werfel said. As the initial version of Direct File shows, the agency isn’t there yet.

“We have a lot of work to do,” Werfel said.

Yellen said that over the next few years, the IRS will expand Direct File “to support all of the most common tax situations.” Those include the premium tax credit, refundable tax credits (such as the Earned Income Tax Credit) and more types of retirement income, Werfel said.

Officials estimated that 5.2 million taxpayers in California, or about 30% of the state’s total, would be able to use Direct File in 2024. According to the IRS, only 33,328 did. Across all 12 states in the pilot, 19 million taxpayers were eligible, and 140,803 used it to file returns.

A trade group representing tax-preparation companies has called Direct File wasteful and unnecessary, pointing to the low participation rate and the high cost of the program. Werfel said the pilot cost $31.8 million and has a $75-million budget for next year, although the actual cost will depend in part on how many states participate.

It will be up to states to opt in, Werfel said. One factor, he said, is whether the state’s tax system is prepared to incorporate information handed off from Direct File.

Yellen and Werfel called the pilot a success, saying the IRS had expected only 100,000 people to use it. They also pointed to surveys of users that showed satisfaction with the system to be extremely high, as well as the requests from taxpayer advocates and taxpayers in other states for access to the program.



Source link

World News

For sale: A piece of California’s country music history

Published

on



The famed Buck Owens Crystal Palace, where music legends including Willie Nelson, Dwight Yoakam, Garth Brooks and a young Taylor Swift have played, is up for sale, with the foundation that runs the Bakersfield venue planning to list it for $7 million on Monday.

The nightclub, museum and steakhouse was owned by its namesake Buck Owens, the country music trailblazer who bucked the slick commercial melodies of Nashville for a distinctly West Coast twang. Owens opened the Crystal Palace in 1996, watching it become a premier venue for the biggest names in country music, including himself. Buck and the Buckaroos played there every Friday and Saturday night until his death in 2006.

Jim Shaw, a member of the Buckaroos and a director of the Buck Owens Private Foundation, said that after 28 years of running the famed venue, the Owens family plans to step back and find new owners amid a challenging business climate. The foundation said in a statement that “since Buck’s passing in 2006, we’ve tried to maintain the excellence that he expected, even as it became more and more difficult during these challenging times of increasing food and labor costs.”

The venue is not closing and scheduled events will continue as planned, Shaw said.

“It’s business as usual for now,” Shaw said. “Ideally, someone who wants to keep it exactly as it is will come forward.”

Owens’ youngest son, Johnny Owens, wrote on Facebook that the family’s hope “is that a buyer steps forward with a vision for the future and a reverence” for his father and the Bakersfield Sound.

The Crystal Palace, located on Buck Owens Boulevard, is a major tourism staple for Bakersfield. The 18,000-square-foot venue is next to the city’s downtown entrance.

“It’s the No. 1 tourist attraction in Bakersfield,” Shaw said. “There are people stepping forward and we are waiting to see what happens. I am getting a lot of phone calls. I’m anxious to see what happens.”



Source link

Continue Reading

World News

2nd local radio host says they were given questions ahead of Biden interview

Published

on


A second local radio host on Saturday told ABC News that he was provided a list of questions in advance of his interview with President Joe Biden this week.

“Yes, I was given some questions for Biden,” Earl Ingram of CivicMedia told ABC News. Ingram, a prominent host of a Wisconsin radio station, interviewed Biden this week in the wake of his debate performance.

Ingram said he was given five questions and ended up asking four of them.

“I didn’t get a chance to ask him all the things I wanted to ask,” he said.

Ingram is the second interviewer who now says they were provided questions by Biden aides to ask the president this week. Earlier today, another local radio host who interviewed Biden this week told CNN she was given questions to ask Biden before the interview.

PHOTO: President Joe Biden speaks to supporters during a campaign rally at Sherman Middle School, on July 5, 2024, in Madison, Wisconsin.  (Scott Olson/Getty Images)PHOTO: President Joe Biden speaks to supporters during a campaign rally at Sherman Middle School, on July 5, 2024, in Madison, Wisconsin.  (Scott Olson/Getty Images)

PHOTO: President Joe Biden speaks to supporters during a campaign rally at Sherman Middle School, on July 5, 2024, in Madison, Wisconsin. (Scott Olson/Getty Images)

“We do not condition interviews on acceptance of these questions, and hosts are always free to ask the questions they think will best inform their listeners,” the Biden campaign told ABC News on Saturday.

Ingram told ABC he didn’t see anything necessarily wrong with the practice. “To think that I was gonna get an opportunity to ask any question to the President of the United States, I think, is a bit more than anybody should expect,” he said.

He continued that he was grateful for the opportunity to interview Biden at all.

“Certainly the fact that they gave me this opportunity … meant a lot to me,” Ingram said.

MORE: Wealthy Democratic donors sound alarm over Biden staying in race

On CNN earlier today, Andrea Lawful-Sanders, the host of WURD’s “The Source,” said Biden officials provided her with a list of eight questions ahead of their interview with Biden.

“The questions were sent to me for approval; I approved of them,” she said.

“I got several questions — eight of them,” she continued. “And the four that were chosen were the ones that I approved.”

Responding to Lawful-Sanders, Biden campaign spokesperson Lauren Hitt said in a statement that it’s not “uncommon” for interviewees to share topics they would prefer. She noted that Lawful-Sanders was “free” to ask any questions she saw fit. She also noted that it was the campaign who sent over the questions and not the White House as other reports claim.

Lawful-Sanders did note in her interview with CNN that she ultimately “approved” the questions provided.

“It’s not at all an uncommon practice for interviewees to share topics they would prefer. These questions were relevant to news of the day – the president was asked about this debate performance as well as what he’d delivered for black Americans,” the statement said.

“We do not condition interviews on acceptance of these questions, and hosts are always free to ask the questions they think will best inform their listeners. In addition to these interviews, the President also participated in a press gaggle yesterday as well as an interview with ABC. Americans have had several opportunities to see him unscripted since the debate.”

A source familiar with the Biden booking operation told ABC News that moving forward they will “refrain” from offering suggested questions to interviewers.

“While interview hosts have always been free to ask whatever questions they please, moving forward we will refrain from offering suggested questions.”

2nd local radio host says they were given questions ahead of Biden interview originally appeared on abcnews.go.com



Source link

Continue Reading

World News

President George W. Bush turns 78 years old

Published

on



George W. Bush, born on July 6, 1946, in New Haven, Connecticut, was the 43rd President of the United States.

Bush was born to parents Barbara Bush and former President George H. W. Bush. He has five siblings; Jeb Bush, Marvin Bush, Neil Bush, Dorothy Bush Koch and Pauline Robinson Bush. Pauline was diagnosed with leukemia and passed away at age three.

He was formerly the Republican Governor of Texas from 1995 to 2000.

WHY FORMER PRESIDENT GEORGE W. BUSH IS WINNING … THE POST-PRESIDENCY

Bush was first elected to the White House in November 2000, and officially began his first term as president in January 2001, after he defeated Democrat Al Gore during the presidential election. Bush was reelected to his second term as the incumbent in November 2004, when he prevailed over Democrat John Kerry, and led the United States until January 2009 before handing over his torch to former President Barack Obama.

Bush married Laura Bush on November 5, 1977, the day after her 31st birthday, in her hometown of Midland, Texas. The couple were engaged in September 1977, and married less than two months later in a Methodist church. Bush and Laura met at a barbecue, and he took her to play mini-golf on their first date. 

The Bush’s share twin daughters, Barbara Pierce Bush and Jenna Bush Hager, born on November 25, 1981. Today, the couple also share four grandchildren; Mila, Poppy, Hal and Cora.

GEORGE BUSH, FORMER FIRST LADY ISSUE STATEMENT ON AFGHANISTAN WITH MESSAGE TO US TROOPS, VETERANS

During his presidency, Bush cared for his English springer spaniel, Spot Fetcher, who accompanied him to meetings in the Oval Office and on adventures throughout the White House. The dog was born to his parent’s dog, Millie.

On September 11, 2001, less than one year into Bush’s presidency, the Twin Towers in New York City were attacked by terrorists when airplanes hit both buildings, causing a collapse and thousands of lives lost. At the time, Bush was reading to elementary-aged children at a school in Sarasota, Florida. He was calmly and quietly advised of the attacks and quickly returned to Washington, where he was briefed alongside Vice President Dick Cheney.

Bush was regarded highly for his poise while learning of the attacks and for his demonstration of patriotism and leadership in the uncertain days and weeks following the hijackings of multiple planes on the day that shook America to her core.

SADDAM CAPTURED ‘LIKE A RAT’ IN RAID

On December 30, 2003, during Bush’s first term as POTUS, Saddam Hussein, the Iraqi leader and executor of the 9/11 attacks on the U.S., was captured by the American military

In the early morning of December 30, 2006, during Bush’s presidency, Hussein was hanged and executed for his crimes against humanity. Americans across the nation celebrated the death of Hussein and applauded Bush for promising the country he would take him out and following through.

While Bush was regarded for his dealings with the terrorist attacks, the signing of No Child Left Behind Act and the Patriot Act and the creation of the United States Department of Homeland Security, many Americans were unhappy with the sanctions of interrogation techniques, the war in Iraq and taxes while he was president.

CLICK HERE TO GET THE FOX NEWS APP



Source link

Continue Reading
Advertisement

Trending

Copyright © 2024 World Daily Info. Powered by Columba Ventures Co. Ltd.