By Nick Green | [email protected] | Daily BreezePUBLISHED: October 3, 2018 at 5:00 pm | UPDATED: October 3, 2018 at 5:02 pm Almost 300 Carson households who will receive compensation while oil-soaked soil beneath homes in the Carousel tract is removed will no longer have to pay state income taxes on the payments, officials said Wednesday. Gov. Jerry Brown has signed off on a bill authored by state Sen. Steve Bradford, D-Gardena, permitting the exemption. It’s similar to legislation that did the same thing for thousands of residents of Porter Ranch in 2015 who were forced to leave their homes because of the Aliso Canyon gas leak, Bradford said in a press release. “For half a century, these 285 households in Carson have stood above oil-soaked ground,” he said. “These homes were wrongfully built atop former oil reservoirs and the residents have suffered from toxic contamination ever since. This bill will finally give clarity and equity to residents, ensuring they do … [Read more...] about State income tax relief approved for Carson residents dealing with environmental contamination
Tax relief irs
Share This Story! Let friends in your social network know what you are reading about Facebook Email Twitter Google+ LinkedIn Pinterest Tax relief! Cash in on Tax Day with $1 margaritas, meal deals, free massages and more Don't write Tax Day off — it's a decent day for restaurant deals and freebies. Find specials at Kona Ice, Sonic, Firehouse Subs, Boston Market and many more. Sent! A link has been sent to your friend's email address. Posted! A link has been posted to your Facebook feed. USA Today Network Kelly Tyko, [email protected] Published 4:03 a.m. MT April 15, 2018 | Updated 8:44 a.m. MT April 17, 2018 CONNECT TWEET LINKEDIN EMAIL MORE Tax Day can be about cashing in as much as paying out. Or at least we like to think of it that way. Dollar margaritas? You'll probably need one after winding your way through Form 1040. Regardless of whether you owe money or are getting a refund, some businesses are marking the tax return … [Read more...] about Tax relief! Cash in on Tax Day with $1 margaritas, meal deals, free massages and more
(BPT) - If you earn all or part of your income these days from freelance or contract work, you’re far from alone.A CNN report this year estimates some 34 percent of the U.S. workforce is now part of the so-called gig economy, a segment expected to reach 43 percent — representing some 7.7 million workers — by 2020.The gig workforce includes people paid per task through companies such as Uber and Lyft and those paid per project in more traditional roles such as writer, tutor, entertainer, carpenter or electrician. Some freelance by preference, enjoying the sense of freedom that comes with being their own bosses. Others become gig workers because they can’t find other work. And a certain portion holds down a part-time gig in addition to a steadier job so they can gain extra income or experience. Because the surge in gig work is relatively new, however, many remain unsure how to maximize the multiple tax breaks available to freelancers. If you’re among them, … [Read more...] about Freelancers: Are you grabbing the best possible tax relief?
The Internal Revenue Service (IRS) issued an updated announcement Wednesday to spell out tax relief to victims affected by Hurricane Harvey that has dumped epic proportions of rain that caused widespread flooding, devastation and numerous deaths. How to help Harvey flood victims Following President Trump declaring a major disaster exists in the state of Texas, the IRS expanded the counties in which taxpayers are eligible for relief. For Harvey survivors, mental health impact could linger Harvey's extensive impact revealed in aerial views of Houston Individuals who reside or have a business in the following counties may quality for relief: Aransas, Bee, Brazoria, Calhoun, Chambers, Colorado, Fayette, Fort Bend, Galveston, Goliad, Hardin, Harris, Jackson, Jasper, Kleberg, Liberty, Matagorda, Montgomery, Newton, Nueces, Orange, Refugio, Sabine, San Jacinto, San Patricio, Victoria, Waller and Wharton. Amid Harvey flooding, Texas gov. calls insurance concerns … [Read more...] about IRS announces tax relief to more counties affected by Harvey floodwaters
The IRS announced a tax relief program for some victims of Hurricane Irma, extending deadlines for filing taxes and exemptions. Taxpayers in the U.S. Virgin Islands affected by Hurricane Irma who would normally have had deadlines for filing their quarterly estimated income tax payments on Sept. 15 and Jan. 16 have an extension until Jan. 31, 2018. The extension also applies to the quarterly payroll and excise tax returns which were originally due on Oct. 31. The IRS said in a statement that while the agency would automatically apply automatic filing and payment relief to those in the disaster zone, affected taxpayers who live outside the disaster area should call to see if they qualify. The IRS Disaster Hotline number is: 866-562-5227 Tax relief for residents and business owners in Florida hurt by Hurricane Irma have not yet been announced. A similar tax extension was granted to areas of Texas impacted by Hurricane Harvey. Individuals who reside or have a business in the following … [Read more...] about Tax relief for some Hurricane Irma and Harvey victims