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Employers who put a “qualified overtime” amount in Box 14 of the 2025 Form W-2 are furnishing the separate accounting the IRS says employees may rely on to claim the new overtime deduction; taxpayers ...
For tax year 2025 the IRS treated reporting of “qualified overtime compensation” as a transition issue: employers are encouraged to provide the overtime premium to employees (for example in Box 14 of ...
Annual inflation during Joe Biden’s presidency surged from 1.4% in January 2021 (the month he took office) to a 40‑year peak of about 9.1% in June 2022, then trended downward into the 3% range by mid‑...
The U.S. did not simply “give” Argentina $40 billion under the Trump administration; the White House authorized a $20 billion Treasury currency-swap line and sought to mobilize an additional ~$20 bill...
The national debt rose from roughly $36.2 trillion when President Trump began his second term on Jan. 20, 2025, to at least $38 trillion by Oct. 23, 2025 — an increase in the neighborhood of $1.8 tril...
Yes — Social Security benefits remain potentially subject to federal income tax in 2026 under the existing “combined income” rules that can make up to 85% of benefits taxable, but a new enhanced senio...
Yes — beginning with the 2025 tax year, most taxpayers who do not itemize will not be able to deduct charitable gifts on Schedule A, but the One Big Beautiful Bill Act (OBBBA) creates a new above‑the‑...
Year-by-year CPI inflation numbers by calendar year are reported by the Bureau of Labor Statistics and summarized in many outlets; available reporting shows inflation peaked near 9.1% in mid‑2022 duri...
Two big changes will shape 2026: a 2.8% Social Security cost‑of‑living adjustment and a higher Social Security taxable wage base — the amount of earnings subject to the 6.2% OASDI payroll tax rises to...
Estimates for the fiscal “cost” of illegal immigration in 2024 diverge sharply because analysts measure different things (gross spending, net cost after taxes, federal vs. state/local impacts, and sho...
The available analyses are : one provided analysis reports the opening price of Alphabet’s GOOG on September 25, 2025 as $244.84, while multiple other analyses state that the consulted sources did not...
The IRS set the 2025 individual estimated tax schedule largely on the standard 15th-day pattern: payments for tax year 2025 were due April 15, June 16, September 15 and January 15, 2026 (with the June...
If other countries stopped buying U.S. Treasuries, Treasury prices would fall and yields would rise, forcing higher borrowing costs in the U.S. and abroad and risking financial-market dislocations; ho...
If an employer did not separately show qualified overtime on a 2025 Form W‑2, the IRS permits taxpayers to rely on reasonable, contemporaneous payroll records and employer-provided accountings — for e...
Ilhan Omar’s reported jump from roughly $65,000 to as much as $30 million in recent filings is driven less by a single salary windfall and more by the way federal financial disclosures value privately...
When President Biden left office in January 2025, the most consistent picture across the available analyses is that , down sharply from its 2022 peak but still above the Federal Reserve’s 2% goal. The...
Pre‑1965 U.S. dimes (90% silver) contain about 0.0715–0.0723 troy ounces of pure silver, so it takes roughly 14 such dimes to equal one troy ounce of silver (1 oz ÷ ~0.0723 ≈ 13.8 → commonly rounded t...
Federal Poverty Guidelines (commonly called the FPL) for 2026 are published for three geographic sets: the 48 contiguous states + D.C., Alaska, and Hawaii; those figures are used to determine eligibil...
Congress did not universally end federal taxation of Social Security benefits for 2026 in the sources provided; existing IRS rules that make up to 50% or 85% of benefits taxable for many recipients re...
Average pump prices in late November 2025 were roughly flat compared with the same time under Joe Biden: AAA’s national average was about $3.055 vs. $3.056 a year earlier . Multiple outlets and fact-c...