❓Was January 9th Declared a Federal Holiday? Let's Clear the Confusion! When President Biden issued an executive order to close all federal departments and agencies on January 9, 2025, many employers have been left wondering: Will banks close? 🏦 Will direct deposits go through? 💰 What about IRS deadlines? 📄 💡 Here's the scoop: It was a National Day of Mourning for the late President Jimmy Carter, NOT a federal holiday. While agencies like the IRS and SSA were closed, banks remained open, and automated services still functioned. BUT, the IRS has pushed tax deadlines to January 10, 2025. #PayrollTips #TaxCompliance #HRInsights More details in the story below 👇 https://lnkd.in/ePA74tTv
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🚨The IRS is in a crackdown year. And they're coming after... - Businesses that claimed the Employee Retention Credit falsely - Millionaires that haven't paid their taxes - Complex partnerships exploiting loopholes The point is, with more funding, the IRS is more equipped to follow through on things they haven't in multiple years. So, if you fall into any of the above categories, we should talk ASAP, before you end up in Uncle Sam's crosshairs. And even if you're not, if you've got tax debt piling up, aren't taking deductions properly, or have failed to file, these are all things that will only get worse as the IRS looks to get more cash flow and ability to do what it's designed to do. https://lnkd.in/e2jP5h5X
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🚨The IRS is in a crackdown year. And they're coming after... - Businesses that claimed the Employee Retention Credit falsely - Millionaires that haven't paid their taxes - Complex partnerships exploiting loopholes The point is, with more funding, the IRS is more equipped to follow through on things they haven't in multiple years. So, if you fall into any of the above categories, we should talk ASAP, before you end up in Uncle Sam's crosshairs. And even if you're not, if you've got tax debt piling up, aren't taking deductions properly, or have failed to file, these are all things that will only get worse as the IRS looks to get more cash flow and ability to do what it's designed to do. https://lnkd.in/e2jP5h5X
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🚨The IRS is in a crackdown year. And they're coming after... - Businesses that claimed the Employee Retention Credit falsely - Millionaires that haven't paid their taxes - Complex partnerships exploiting loopholes The point is, with more funding, the IRS is more equipped to follow through on things they haven't in multiple years. So, if you fall into any of the above categories, we should talk ASAP, before you end up in Uncle Sam's crosshairs. And even if you're not, if you've got tax debt piling up, aren't taking deductions properly, or have failed to file, these are all things that will only get worse as the IRS looks to get more cash flow and ability to do what it's designed to do. https://lnkd.in/e2jP5h5X
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Independent polling was released this week that confirmed what the Let's Go Washington team has been saying: the numbers and voters’ sentiment are on our side. While this is good news that the majority of "decided voters" favor all four initiatives at this time, there is still a lot of work to do to reach the large numbers of undecided voters reflected in this survey of likely voters. This is why the campaign has launched an innovative statewide field program, to talk to these "undecided" voters starting now and inform them on why they should vote yes on all four of these critical initiatives. Here are the headlines from The Seattle Times article yesterday on this new poll from The Seattle Times, KING TV and the University of Washington: Likely voters seem to favor repeal of on Washington's rich Poll shows uphill battle for carbon market before November Poll finds narrow majority supports making tax to fund WA cares (payroll tax) optional https://lnkd.in/gwdyYi3b
WA lawmakers decided to tax the rich. Poll shows how voters feel about that
seattletimes.com
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The National Treasury Employees Union (NTEU), representing IRS agents, has officially endorsed Vice President Kamala Harris for the 2024 presidential election. =====≈=====≈=====≈=====≈ So approximately 150,000 employees across 36 federal agencies who are responsible for getting taxes out of Americans want a president who is going to raise your taxes. =====≈=====≈=====≈=====≈ The union president stated, “She supports the issues that matter most to our members,” highlighting Harris's alignment with the interests of IRS employees. https://lnkd.in/eQD4_xhN This endorsement has sparked a mix of reactions, particularly from critics who argue that it signals an impending increase in taxes. Critics on social media have voiced their concerns, suggesting that the endorsement reflects Harris's commitment to tax policies that may burden the average American. Former President Trump also weighed in, questioning the implications of the IRS union's support for Harris. As the election approaches, the endorsement from the IRS union underscores the growing influence of federal employee unions who benefit from higher taxes in shaping political landscapes, particularly regarding tax policy and government accountability.
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🚨The IRS is in a crackdown year. And they're coming after... - Businesses that claimed the Employee Retention Credit falsely - Millionaires that haven't paid their taxes - Complex partnerships exploiting loopholes The point is, with more funding, the IRS is more equipped to follow through on things they haven't in multiple years. So, if you fall into any of the above categories, we should talk ASAP, before you end up in Uncle Sam's crosshairs. And even if you're not, if you've got tax debt piling up, aren't taking deductions properly, or have failed to file, these are all things that will only get worse as the IRS looks to get more cash flow and ability to do what it's designed to do. https://lnkd.in/gcdRvKf8
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🚨The IRS is in a crackdown year. And they're coming after... - Businesses that claimed the Employee Retention Credit falsely - Millionaires that haven't paid their taxes - Complex partnerships exploiting loopholes The point is, with more funding, the IRS is more equipped to follow through on things they haven't in multiple years. So, if you fall into any of the above categories, we should talk ASAP, before you end up in Uncle Sam's crosshairs. And even if you're not, if you've got tax debt piling up, aren't taking deductions properly, or have failed to file, these are all things that will only get worse as the IRS looks to get more cash flow and ability to do what it's designed to do. https://lnkd.in/gcdRvKf8
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I'm excited to share my latest op-ed, featured in the Richmond Times-Dispatch, where I address the ongoing impact of pandemic-era tax credits on small businesses and why it's time for the IRS to resolve its pandemic withholding policies. Small businesses have faced enough challenges—it's crucial that tax policy supports them, not burdens them further. Take a moment to read and share your thoughts: https://lnkd.in/e4s9BzxX #SmallBusiness #IRS #PandemicRelief #TaxCredits #BusinessGrowth
Commentary: Post-pandemic, the IRS continues to hurt small businesses
richmond.com
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🚨The IRS is in a crackdown year. And they're coming after... - Businesses that claimed the Employee Retention Credit falsely - Millionaires that haven't paid their taxes - Complex partnerships exploiting loopholes The point is, with more funding, the IRS is more equipped to follow through on things they haven't in multiple years. So, if you fall into any of the above categories, we should talk ASAP, before you end up in Uncle Sam's crosshairs. And even if you're not, if you've got tax debt piling up, aren't taking deductions properly, or have failed to file, these are all things that will only get worse as the IRS looks to get more cash flow and ability to do what it's designed to do. https://lnkd.in/gcdRvKf8
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🚨The IRS is in a crackdown year. And they're coming after... - Businesses that claimed the Employee Retention Credit falsely - Millionaires that haven't paid their taxes - Complex partnerships exploiting loopholes The point is, with more funding, the IRS is more equipped to follow through on things they haven't in multiple years. So, if you fall into any of the above categories, we should talk ASAP, before you end up in Uncle Sam's crosshairs. And even if you're not, if you've got tax debt piling up, aren't taking deductions properly, or have failed to file, these are all things that will only get worse as the IRS looks to get more cash flow and ability to do what it's designed to do. https://lnkd.in/gcdRvKf8
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