Wednesday, October 16, 2024

Document a charitable contribution

The receipt can be a letter, a postcard, an e-mail message, or a form created for the purpose. Any donations worth $250 or more must be recognized with a receipt

Thursday, October 10, 2024

$750 Disaster relief from Fema

There are four ways you can apply for FEMA disaster assistance: Fill out a DisasterAssistance.gov application online Apply using the FEMA app. Download the free app from your smartphone’s app store Apply by phone at 1-800-621-3362 Apply in person at a Disaster Recovery Center (DRC). Find a DRC near you

Sunday, October 06, 2024

Taxing unearned capital gain

Tax policy embraced by Vice President Kamala Harris that’s meant to target the wealthy could be used to capture all investors if the NEW tax doesn't raise enough cash. Harris defenders say posts ignore the fact that the plan would only impact those whose net worth is more than $100 million, or less than 1% of taxpayers the first year. We believe Harris' unearned gains tax would target wealthy investors the 1st year but then the administration would lower the thresshold due to the tax not raising enough fund.