Friday, July 11, 2025

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

 

* The IRS website has added a “Newlyweds tax checklist” –

Summer wedding season has arrived, and newlyweds can make their tax filing easier by doing a few things now. A taxpayer's marital status as of December 31 determines their tax filing options for the entire year, but that's not all newlyweds need to know.”

* The University of Illinois’ TAX SCHOOL BLOG reviews the “Tax Rules for Rental Properties and Vacation Homes”.

* Michael Cohn brings us the bad news that “IRS allows churches to endorse political candidates” at ACCOUNTING TODAY –

The Internal Revenue Service has given churches and other houses of worship the green light to endorse political candidates.

In a court filing Monday first reported by the New York Times, the IRS said such endorsements would not violate the decades-old ban on political endorsements by churches known as the Johnson Amendment that dates back to 1954 and was named after then-Senator Lyndon Baines Johnson.”   

I see the hands of today’s Religious Right controlled Republican Party, Trump, and his newly appointed IRS Commissioner in this – as many hypocritical alleged Christians and Christian churches support Trump and similar so-called “evangelical” candidates.

* “IRS announces tax relief for taxpayers impacted by severe storms, straight-line winds, and flooding in Texas; various deadlines postponed to Feb 2, 2026.

* Kay Bell tells us “Sales tax holidays set in 17 states, with 4 back-to-school events in July” at DON’T MESS WITH TAXES.

TTFN









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