WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?

Great news about the raid on Mar-A-Lago.  Let us pray this is truly the beginning of the end of Trump.

FYI – I mailed my paper 2021 Form 1040-SR to Sam on February 26^th.  The “Where’s My Refund” online tool reported that my refund was approved on August 6^th. 
 
* Once again Kay Bell, author of the DON’T MESS WITH TAXES blog, begins the BUZZ, this time with a reminder why you should NEVER automatically pay a balance due notice received from the IRS or a state tax agency – “IRS again issues potentially wrong tax-due notices”.
 
This always bears repeating – if you receive a notice from the IRS or a state tax agency give or send it to your tax preparer IMMEDIATELY!

* When Roe v Wade was overturned and states began to ban abortion, I said that these states now must provide a personal exemption on the state tax return, and other state tax benefits, for each unborn fetus.  I never imagined they might actually do this.

In a totally ridiculous, and fiscally irresponsible, move “Georgia residents can now claim embryos as dependents onstate taxes” -

“A taxpayer who ‘has an unborn child (or children) with a detectable human heartbeat’ after July 20, when the ruling came down, can claim a dependent or dependents on 2022 taxes. . . Residents will get $3,000 {deduction, not credit – rdf} for each unborn child.”  

* Returning to Kay Bell, she reports “Kentucky flood victims get new Nov. 15 tax deadline” (highlight is mine) -
 
“Individual and business taxpayers in the parts of Kentucky hit by the disastrous weather that initially began on July 26 now have until Nov. 15 to file various tax returns and make tax payments.
 
The affected Bluegrass State counties in the major disaster area are Breathitt, Clay, Floyd, Johnson, Knott, Leslie, Letcher, Magoffin, Martin, Owsley, Perry, Pike and Wolfe. If other counties subsequently are added by FEMA and the IRS extends relief those residents, too, you can find the additional areas at the tax agency's disaster relief webpage.
 
The tax filings by Kentucky taxpayers that now have a mid-November deadline include 2021 tax year returns for which affected filers got an extension. This year's Oct. 17 deadline to submit tax returns now is a month later.”
 
* We end with a trifecta for Kay, as she reminds us “16 back-to-school sales tax holidays in August”
 
The 16 states offering sales tax holidays on certain purchases are Arkansas, Connecticut, Florida, Illinois, Iowa, Maryland, Massachusetts, Missouri, New Jersey, New Mexico, Ohio, Oklahoma, South Carolina, Texas, Virginia, and West Virginia.
 
The NJ holiday is on computers less than $3,000, school computer supplies less than $1,000 and school supplies (no price limit).  It runs Aug. 27 through Sept. 5
 
THE LAST WORD
 
Absolutely nothing is more important for the future of America than voting against EVERY Republican candidate in EVERY election at EVERY level this November.
 
The Republican Party is the greatest threat America faces today.  I very sincerely and seriously believe that if the Republican Party does not does not suffer substantial losses in the 2022 elections – on a federal, state and local level – it will be the beginning of the end of American freedom and democracy.
 
TTFN