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Brooksville man sentenced to 3 years in prison for firebombing Planned Parenthood clinic in California
Brooksville man gets 3 years in prison for firebombing Planned Parenthood clinic in California
'Cowardly crime': Judge sentences Brooksville man for attack on Planned Parenthood clinic in California
Man arrested in Clearwater hit-and-run that left man with critical injuries
Police arrest man in hit-and-run that left 80-year-old with critical injuries
Man crashed into 80-year-old riding scooter, drove off with scooter stuck to car, police say
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Social Security
Raising Social Security tax cap for high-income earners would help, but not fix, its shrinking reserves
Student Loans
No, taxes are not going up to pay for student loan forgiveness
President Biden’s student debt relief plan does not raise taxes to pay for it, which is something only Congress can do. Here's how it could impact taxpayers.
Taxes
No, credit card cash-back rewards are not taxable
With Tax Day fast approaching, VERIFY reader Larry wanted to know if credit card cash-back rewards are taxable. Here’s why they are not.
Taxes
There is a penalty for not filing, paying your taxes on time
The IRS penalizes taxpayers for both filing late and paying late. We VERIFY how you can avoid or reduce late penalties and interest.
Taxes
Social Security benefits are taxable for some people, depending on their income
Up to 85% of your Social Security benefits are counted as taxable income if you meet certain requirements.
Taxes
The tax deadline for people who filed extensions is Oct. 15
You have until Oct. 15, 2024, to file your 2023 income tax return if you requested an extension. The IRS encourages taxpayers to file electronically ASAP.
Joe Biden
No, billionaires don’t pay average of 8.2% in federal taxes
President Biden claimed during the State of the Union that the “average federal tax rate” for billionaires is 8.2%. But the actual number is higher.
Joe Biden
No, billionaires don’t pay average of 8.2% in federal taxes
President Biden claimed during the State of the Union that the “average federal tax rate” for billionaires is 8.2%. But the actual number is higher.
Money
Headlines implying Americans could get $5,000 to shop under new bill are misleading
The proposed legislation is a tax credit for individuals and families that meet certain income qualifications, not free money to shop.
Immigration
There is no ‘Housing for Labor’ initiative from the Biden Administration
A satirical post claims President Biden and the IRS are offering tax incentives to families willing to take in migrants in a new housing program.
Taxes
No, the Trump-era Tax Cuts and Jobs Act doesn’t have built-in tax increases for 2023
The Tax Cuts and Jobs Act of 2017, a tax reform law signed by Trump, does not include yearly income-based tax increases like viral social media posts suggest.
Taxes
You can’t write off stolen property on your federal tax return – with very limited exceptions
Did you have a laptop or car stolen last year? Here’s why it’s very unlikely you’ll be able to claim that as a loss on your federal tax return.
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