Friday, October 11, 2024

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

 

* This just in from the SSA – “Social Security Announces 2.5 Percent Benefit Increase for 2025”.

* ANCHOR Scam Alert -

"If you receive a text message allegedly from NJ requesting a reply Do NOT Reply!

The New Jersey Division of Taxation will not initiate a text exchange to request personally identifiable information regarding your ANCHOR benefit, or your income tax filing.

We urge you to contact us directly before providing any sensitive personal information in response to received communications claiming to be related to the ANCHOR program."

* A disaster tax relief trifecta from the IRS -

ü  IRS relief now available to storm victims in parts of Illinois; multiple deadlines postponed to Feb. 3, 2025

ü  IRS provides relief for Helene; various deadlines postponed to May 1, 2025; part or all of 7 states qualify

ü  IRS relief now available to wildfire victims in parts of Washington; multiple deadlines postponed to Feb. 3, 2025

* Daniel Hood reports some good news at ACCOUNTING TODAY – “IRS to double reach of Direct File in 2025”.

* No surprise here.  Economist Richard McGahey explains "Trump’s Economic Plans Don’t Add Upat FORBES.COM (highlights are mine) -

Analyzing Trump’s economics—or any of his policy ideas—is challenging, because they often are sound bites with little underlying analysis or detail. And Trump pushes out new ideas virtually every day, with no underlying analysis of their impacts, making it even harder to keep track of his proposals.”

THE LAST WORD –

It remains impossible for me to conceive how any voter could be “undecided” at this point.

Either you support defending and protecting American freedom, democracy, and values or you want a fascist state run by a crooked and corrupt, ignorant and incompetent delusional malignant narcist.

TTFN












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