Podcasts about no tax

Roger and Annie break down the preliminary list of occupations qualifying for tax-free tips, including some unexpected entries like plumbers and digital creators. They discuss the compliance headaches ahead with retroactive implementation but no updated forms until 2026. The conversation shifts to serious concerns about proposed IRS budget cuts and workforce reductions that could undermine tax enforcement when it's needed most.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips(00:00) - Introduction and Greetings (01:25) - Upcoming Tax Deadlines (02:41) - No Tax on Tips: New Guidelines (04:16) - Industries and Occupations Affected (12:25) - Compliance and Documentation Challenges (16:24) - W-4 and W-2 Form Changes (26:04) - Call to Action: Comment on Proposed Forms (30:27) - Upcoming Changes to W2 Forms (31:16) - New Codes for Tips and Overtime (33:38) - IRS Budget Cuts and Workforce Reduction (36:42) - Impact of Budget Cuts on IRS Operations (39:29) - Challenges in IRS Enforcement and Compliance (48:12) - The Role of Practitioners and IRS Communication (55:00) - Future of IRS and Tax Law Changes (56:40) - Conclusion and Listener Engagement Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

The IRS just made a big move that could cause headaches for business owners—and most people have no idea it's coming. In this episode, you'll learn what their new decision means for tracking tips and overtime pay, why the current tax forms won't help, and how to protect your business from costly mistakes. We'll cover simple tax tips and smart strategies to keep your payroll records audit-ready while helping employees get every dollar they're owed. You'll also hear how turning this challenge into a tax savings opportunity can boost your reputation and improve employee trust. Don't wait until tax season to figure this out—listen now so you can stay ahead and keep your business in control.   Next Steps:

Tax Relief with Timalyn Bowens Senior Deduction 2025   Episode 67:  In this episode, Timalyn continues the discussion begun in Episode 64 about the One Big Beautiful Bill Act.  Timalyn opens up the episode with a reminder of what the One Big Beautiful Bill Act is. There is a video version of this episode! You can watch it here : Senior Deduction Video Today, she's explaining the enhanced senior deduction for taxpayers who are 65 and older. This deduction will be available for tax years 2025 - 2028.  If there is any part of this new tax law that you'd like to hear her cover, please let us know.   What is the standard deduction for 2025?   The standard deduction is an amount that the IRS allows taxpayers to deduct from their taxable income. For 2025 the standard deductions are:   $15,750 for taxpayers filing as single or married filing separately $31,500 for married filing jointly taxpayers $23,625 for those taxpayers filing as head of household   It is an additional $6,000 deduction for each qualifying taxpayer. So if a couple married filing jointly is in their 70s, they are eligible to deduct an additional $12,000 from their taxes if they meet other criteria.    Seniors already get to deduct an additional $1,600 for those Married filing separately and jointly, and $2,000 for those filing as Single or Head of Household. The $6,000 is in addition to this. The senior deduction is also available whether the taxpayers itemize or use the standard deduction.     If the taxpayer is not married filing jointly, the deduction begins phasing out when their modified adjusted gross income reaches $75,000. This doubles to $300,000 for taxpayers who are married filing jointly. The IRS has yet to give more guidance on this.    To stay up to date with these changes, Timalyn lets listeners know that Tax Tips with Timalyn will be coming back. There will be different paid versions to subscribe to relevant information for individual taxpayers and business taxpayers.    No Tax on Social Security Benefits   A proposal was made during President Trump's last campaign that there be no tax on Social Security benefits. Social security benefits are still taxable income, but it is based on your provisional income, whether or not you actually pay taxes on the income. Timalyn goes into more detail about this in another episode of the podcast and a video. Both are linked down below for your convenience, as well as a playlist with other relevant information for retired taxpayers.   Is My Social Security Taxable? Retirement and Taxes Episode 13 - Retirement and Income Taxes Need Tax Help Now? If you need answers to your tax debt questions, book a consultation with Timalyn via her Bowens Tax Solutions website.  Click this link to book a call.   Please consider sharing this episode with your friends and family.  There are many people dealing with tax issues, and you may not know about it.  This information might be helpful to someone who really needs it.  After all, back taxes shouldn't ruin their life either.   As we conclude Episode 67, we encourage you to connect with Timalyn on social media. You'll be able to subscribe to this podcast on Spotify, Apple Podcasts, YouTube, and many other podcast platforms.     Remember, Timalyn Bowens is America's Favorite EA, and she's here to fill the tax literacy gap, one taxpayer at a time.  Thanks for listening to today's episode.   For more information about tax relief options or filing your taxes, visit https://www.Bowenstaxsolutions.com/ .   If you have any feedback or suggestions for an upcoming episode topic, please submit them here:  https://www.americasfavoriteea.com/contact. Disclaimer:  This podcast is for informational and educational purposes only.  It provides a framework and possible solutions for solving your tax problems, but it is not legally binding.  Please consult your tax professional regarding your specific tax situation.

Episode 668: Neal and Toby talk about Oracle's big day as it secures a massive deal with OpenAI and its CEO Larry Ellison surpassing Elon Musk as the richest man in the world. Then, Trump's No Tax on Tips law is a huge win for content creators and podcasters. Next, Amazon's robotaxi service breaks into the market starting in Viva Las Vegas. Meanwhile, Neal shares his favorite numbers from the rising insurance costs for employers, NYC's weirdly specific apartment buildings, and a rare disappearance of the No-Hitter this season.  00:00 - Charlie Kirk fatally shot 2:45 - Oracle has a good day 8:15 - Creators cheer for tax break 12:00 - Zoox zooms in Las Vegas 17:00- Insurance costs rising for businesses 19:20 - 99 units to keep wages low 21:30 - No no-hitters this year 23:40 - Sprint Finish! Check out https://www.indeedfutureworks.com/brew for more Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here:⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠  Watch Morning Brew Daily Here:⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Are AI “super agents” like Xero's Jax actually useful—or just shiny chatbots? Blake and David unpack Xerocon announcements, why embedded agents lack context, smarter way to automate bank feeds with rules, the leaked “no tax on tips” job list and planning opportunities, IRS staffing whiplash, plus what billion‑dollar AI pledges from big firms really mean. Walk away with practical steps to deploy AI that saves hours without losing control.SponsorsTeamUp - http://accountingpodcast.promo/teamupRippling - http://accountingpodcast.promo/ripplingDigits - http://accountingpodcast.promo/digitsChapters(00:00) - Introduction and Podcast Overview (00:45) - Continuing Professional Education (CPE) Credits (03:20) - Live Stream Interactions and Coffee Talk (04:09) - Upcoming Deadlines and Tax Season Tips (05:52) - Upcoming Conferences and Events (14:48) - Blake's New Book Announcement (24:27) - No Tax on Tips Discussion (28:57) - IRS Workforce Challenges (31:41) - State Tax Implications for NFL Players (36:22) - Xero Con and AI Financial Super Agent (37:51) - Analyzing Gross Profit Trends (39:43) - Limitations of AI in Accounting (42:12) - AI-Powered Bank Reconciliation (49:47) - Automating Invoice Creation with AI (55:01) - Grant Thornton's AI Investment (01:02:16) - The Future of AI in Accounting (01:13:03) - AI's Impact on Accounting Jobs (01:21:26) - Implementing AI in Accounting Firms  Show NotesTreasury names jobs for Trump's 'no tax on tips' deduction https://www.cnbc.com/2025/09/03/treasury-trump-no-tax-on-tips-jobs.htmlScoop: List of jobs covered by Trump's "no tax on tips" (See if you qualify) https://www.axios.com/2025/09/01/no-tax-on-tips-jobs-trump-billWorkers in 68 occupations may soon be exempt from paying taxes on tips, including some surprising jobshttps://www.cbsnews.com/news/no-tax-on-tips-trump-big-beautiful-bill-68-occupations-heres-who/IRS is canceling its layoff plans, will ask some it fired or pushed out to return https://www.govexec.com/workforce/2025/08/irs-canceling-its-layoff-plans-will-ask-some-it-fired-or-pushed-out-return/407620/The IRS is Downsizing: Key Divisions Most Affected in 2025 https://sandbergphoenix.com/the-irs-is-downsizing-key-divisions-most-affected-in-2025/Grant Thornton Advisors investing $1 billion to arm the multinational workforce across its platform with powerful AI tools and technologyhttps://www.businesswire.com/news/home/20250904414830/en/Grant-Thornton-Advisors-investing-$1-billion-to-arm-the-multinational-workforce-across-its-platform-with-powerful-AI-tools-and-technologyGrant Thornton Advisors to Sink $1 Billion Over Three Years on AI https://www.cpapracticeadvisor.com/2025/09/05/grant-thornton-advisors-to-sink-1-billion-over-three-years-on-ai/168500/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring The Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifiedsWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page

The Drive reacted to the plan the Denver Broncos are going with on their new stadium, which includes no public funds.

In this episode of the Sunlight Tax podcast, I break down the One Big Beautiful Bill Act and what it means for student loan borrowers. Learn about the new student loan borrowing limits, updated repayment plans, and the challenges facing legacy borrowers under the new law. If you're navigating student debt, education financing, or tax law changes, this episode gives you the clarity and resources you need to make informed financial decisions.   Also mentioned in today's episode: 01:00 Introduction to the One Big Beautiful Bill Act 06:42 New Borrowing Caps and Repayment Plans 13:31 Navigating Legacy Borrower Challenges   Takeaways New student loan borrowers will have only two repayment options after July 2026. The SAVE program is ending, impacting many borrowers. New lifetime caps on borrowing for education will be implemented. Half a million borrowers may see increased payments due to changes. Low and middle-income students may struggle with graduate school costs. The RAP plan offers more flexible repayment options for borrowers. It's crucial to stay informed through reliable resources and articles. Navigating student loans requires careful consideration and action.    If you enjoyed this episode, please rate, review and share it! Every review makes a difference by telling Apple or Spotify to show the Sunlight Tax podcast to new audiences.   Other Sunlight Tax podcast episodes about OBBBA: Unpacking Trump's New Tax Law: What You Need to Know About the One Big Beautiful Bill Act Breaking Down Trump's New Tax Law: Cars, New Loan Interest Deduction, and Expiring Energy Credits New Tax Bill: No Tax on Tips, No Tax on Overtime, and New Deduction for Seniors   Links: Help article by Tara Siegel Bernard from the New York Times This article on the NPR website, by Cory Turner  Link to pre-order my book, Taxes for Humans: Simplify Your Taxes and Change the World When You're Self-Employed. Link to pre-order my workbook, Taxes for Humans: The Workbook Get your free visual guide to tax deductions Check out my program, Money Bootcamp  

Rate & review the Simply Financial Podcast on ITunesFeaturing Special Guest: Brett DiPasquale AIF® BFA®Advisor at Elliott Wealth Management Services

President Trump and Congress are eyeing a dramatic change to capital gains taxes on home sales. The proposed No Tax on Home Sales Act would remove the $250,000/$500,000 caps on primary residence exclusions, potentially allowing homeowners to sell with unlimited tax-free gains. In this episode, we'll unpack what the bill actually covers, why investment properties are excluded, and the ripple effects investors should watch for. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode: Clarification of the Tip Deduction: What it actually is, how it's not “No Tax on Tips,” and which industries (yes, even rickshaw drivers and tattoo artists) are poised to benefit. Leaked Treasury Industry List: Hear the early scoop on 68 job types rumored to qualify for the tip deduction—and why it's causing a stir. W-2 Changes Are Coming: Insight into new boxes (like 14B and 12A), new codes (TP, TT), and what employers will have to start tracking—possibly before the IRS even has their act together. Overtime Deduction Explained: A down-to-earth breakdown of who qualifies, how it's calculated (hint: it's just the “half” in time-and-a-half), and what the income limits are. Why Notices from the IRS or State Might Be Wrong: A frank discussion on the rise of erroneous tax notices, automation glitches, and how tax pros are battling red tape and broken phone trees on your behalf.

Send us a textJeff and Scott very briefly talk about the bombshell news that podcasters are included on the Treasury's list of jobs eligible for "no tax on tips." https://home.treasury.gov/system/files/136/Tipped-Occupations-Detailed-8-27-2025.pdfLeft unexplored is whether any of the other provisions of no tax on tips will preclude Scott and Jeff from receiving tax-free tip income, by means of the credit available to offset declared tip income available in The One Big Beautiful Bill.

SB 10 touted as The Great Tax Relief bill was defeated by conservatives! PLUS - What did NOT get done in the 89th 2nd Special.

You may have heard about the "no tax on tips" portion of the "One Big Beautiful Bill" but did you know there are 68 different categories of professions that qualify, including social media influencers? Greg and Holly break down some of the jobs on the list and learn how digital creators take tips from KSL NewsRadio Producer, Caitlyn Johnston.

Football analyst Duke Ellingson makes his NFL predictions and no-tax States in the NHL.

We start with a major escalation by the Trump administration against drug cartels. President Donald Trump's campaign promise for overtime pay comes with a caveat. The Energy Department's climate report is drawing pushback from scientists. The fate of Brazil's former president hangs in the balance in his election conspiracy trial. Plus, details on the changes this iconic merger is making and why. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this episode of the Sunlight Tax podcast, I break down the One Big Beautiful Bill Act and what it means for taxpayers like you. I explain the campaign promises written into this bill—including the “no tax on tips” provision, the “no tax on overtime” benefit, and the new deductions available for seniors.    My goal is to help you clearly understand how these changes may impact your taxes, your income, and your financial planning. If you want to stay ahead of new tax laws and make the most of these opportunities, this episode is for you.   Also mentioned in today's episode: 03:13  Campaign Promises and Tax Deductions 06:15  Understanding the No Tax on Tips Provision 19:52  Exploring the No Tax on Overtime Provision   Takeaways The One Big Beautiful Bill Act (OBBBA) was passed on July 2nd. The bill includes several campaign promises related to tax deductions. A new higher standard deduction for seniors is introduced. The no tax on tips provision benefits higher income tipped workers. Only qualified tips are eligible for the new deduction. The no tax on overtime provision allows deductions for overtime pay. The deductions expire in 2029, providing limited time benefits. Tax equity is a significant concern with the new provisions. The bill's provisions are retroactive to January 1, 2025.   If you enjoyed this episode, please rate, review and share it!  Every review makes a difference by telling Apple or Spotify to show the Sunlight Tax podcast to new audiences.   Other Sunlight Tax podcast episodes about OBBBA: Unpacking Trump's New Tax Law: What You Need to Know About the One Big Beautiful Bill Act Breaking Down Trump's New Tax Law: Cars, New Loan Interest Deduction, and Expiring Energy Credits   Links: Link to pre-order my book, Taxes for Humans: Simplify Your Taxes and Change the World When You're Self-Employed. Link to pre-order my workbook, Taxes for Humans: The Workbook Get your free visual guide to tax deductions Check out my program, Money Bootcamp  

AlabamaState senator says recent policy from the AHSAA contradicts  CHOOSE Act Man who organized protests in Homewood now charged for starting fire inside the WalmartCenter for Long Covid research launches in Birmingham by Dr. Jordan VaughnNationalPresident Trump calls on Big Pharma to release date re: Covid treatmentsHHS secretary Kennedy making major changes to research and medical trialsTreasury Secretary to prepare legal appeal after judges rule tariffs are illegalUS Treasury lists all who qualify for the "No Tax on Tips" IRS exemption54 people were shot in Chicago over holiday weekend, 7 of which diedOver 14K migrants in Panama's Darien Gap have decided to not travel to US border

August 29, 2025 ~ State Rep. Joe Argona, joins Kevin to take a closer look at the House's budget proposal with no taxes on tips and overtime and funding for Selfridge.

The news of Texas covered today includes:Our Lone Star story of the day: Quorum breaking Democrats have been sent a notice of fines they owe for breaking House rules. See the letter here. It comes to $9,354.25 each.Liberals and homosexual lobby attack conservative in House hearing on the Texas Women's Privacy Act (SB8) but DPS punishes conservative.Our Lone Star story of the day is sponsored by Allied Compliance Services providing the best service in DOT, business and personal drug and alcohol testing since 1995.Candidates pour into HD71 GOP primary race as RINO Lambert retires: Liz Case enters race for House District 71 Former Abilene City Councilman, Jay Hardaway, announces Ohlemacher joins race for Texas House District 71 Old liberal-Loyd Doggett bowing out of re-election due to redistricting.Lubbock County's Judge Bow-Tie Parrish and Sheriff Kelly Rowe whine like Democrats, again, over not passing a tax increase on the public. Way to go commissioners: Corley, Rackler, Dalby, & Shaw!A.G. Ken Paxton Appeals the Politically-Motivated Attack Targeting Him and the OAG (Beto Pancho case)Texas Court of Criminal Appeals reins in the Clown Court, a.k.a Texas Ethics Commission. I had a ton of other court rulings in the stack today, you'll need to listen to catch up.Business news: Oil & gas rig count. Foxconn's Apple and Nvidia plants in Houston to train AI workforce. Starbase Brewing launches space beer experiment. ‘Gigabay' project may create more than 500 new jobs in Cameron County. Listen on the radio, or station stream, at 5pm Central. Click for our radio and streaming affiliates.www.PrattonTexas.com

On August 22, 2025, WisconsinEye's Rewind Host and Wisconsin Public Radio Capitol Reporter Anya van Wagtendonk and WisPolitics.com Editor JR Ross reviewed this week in state politics. (Brought to you by the Wisconsin Realtors Association). On this week’s episode: Bypassing JCRAR Campaign 2026 Updates Legislative Updates – Back-to-School Tax Holiday, No Tax on Cash Tips and Employer-Provided Childcare Childcare Bridge Program DOJ Sues DOE […]

Your 60-second money minute. Today's topic: The Truth About No Tax On Tips

What does “No Tax on Overtime” mean for your employees?With the passing of the One Big Beautiful Bill (OB3), it's easy to feel overwhelmed by what's changing. Colleen Rynne, Senior Manager of Payroll Services Compliance at BambooHR, joins Vanessa Brulotte to help us make sense of the new provisions on tax deductions on overtime pay and tips. This is a must-listen for those in HR and payroll, or for anyone who wants to understand their tax returns going forward.You'll learn how to prep for year-end reporting, what qualifies for deductions, and how to talk to employees about what's changing.Key takeaways:What “No Tax on Overtime” and “No Tax on Tips” really meanWhy state taxes aren't changingHow to prepare for year-end reporting under OB3Key topics:(00:00) Introducing Colleen Rynne(03:30) Who qualifies for deductions under OB3(06:47) Why overtime deductions are more complex(09:57) What counts as a qualified tip(15:24) Year-end reporting and IRS guidance tips(21:50) FSA changes and permanent tax creditsKey links:Read BambooHR's blog, “What Are Payroll Taxes? A Guide to State and Federal Tax Withholding”: https://www.bamboohr.com/blog/payroll-taxes-guide Read BambooHR's blog, “How to Manage Employee W-2 Forms (And Go Paperless)”: https://www.bamboohr.com/blog/manage-employee-w2 Read BambooHR's blog, “5 Tax Mistakes You Can't Afford to Make”: https://www.bamboohr.com/blog/tax-mistakes-to-avoid Read BambooHR's blog, “Compliance Corner: Payroll Updates from Q2 2025”: https://www.bamboohr.com/blog/payroll-compliance-june-2025Subscribe to HR Unplugged Series: https://www.bamboohr.com/resources/podcasts/hr-unplugged/Join HR Heroes Slack Community: https://join.slack.com/t/hrheroesworkspace/shared_invite/zt-21ad3f1r8-dkWC2EdmyhxUAHw9cGLdQwBambooHR Homepage: https://www.bamboohr.com/Connect with Colleen on LinkedIn: https://www.linkedin.com/in/colleen-rynne-2978b332/

Atlanta's real estate scene continues to move and shift, and in this episode, we've got your quick snapshot of what's been happening over the past seven days—along with my own take on where the market might be headed next. We'll also take a moment to step outside the city for a bit of local exploration. Today's “Something You Should Know About Atlanta” is Fort Yargo State Park, a destination with rich history and plenty of outdoor adventure just a short drive away. Then, we'll switch gears to a fascinating—and potentially game-changing—proposal: no tax on tips. Imagine keeping every dollar of your hard-earned gratuities. Could a move like this reshape the service industry, influence tipping culture, and maybe even impact how small businesses operate? We'll break down the latest insights and explore what it might mean for workers and employers alike. At Go Gaddis Real Estate Radio, our mission is simple—helping listeners go from real estate novice to expert so that buying or selling a home is a confident, stress-free experience. We believe no one should learn something at or after closing that they could have—and should have—known beforehand. And as always, you'll get all the upside with the tools, knowledge, and resources to make smarter decisions about your home, your neighborhood, and your financial future.

Episode 65:  In this episode, Timalyn continues the discussion begun in Episode 64 about the One Big Beautiful Bill Act.  Today, she's explaining the no tax on tips deduction. If there is any part of this new tax law that you'd like to hear her cover, please let us know. No Tax on Tips Timalyn jumps right in to let listeners know that tips are still considered taxable income. In order for them to be deducted, they must also be reported to the IRS. The One Big Beautiful Bill Act created a new section in tax law that allows a maximum of $25,000 in qualified tips to be deducted from an eligible taxpayer's returns. This deduction is available for tax years 2025 - 2028.  To be eligible, the taxpayer must have a Social Security number. The social security number must be administered by the social security administrator prior to the due date of the tax return.  The tip is limited to the amount the taxpayer earned in qualified tips or $25,000, whichever is less.  For single taxpayers, the deduction begins to phase out once their modified adjusted gross income (MAGI) reaches $150,000. For taxpayers filing jointly with their spouse, that MAGI limit doubles to $300,000, but the deduction remains at $25,000. This deduction is not available to married taxpayers filing their taxes separately from their spouse. For every $1,000 the taxpayer goes over the MAGI limit, their deduction is reduced by $100.  The deduction is also available to self-employed taxpayers. They can only take the deduction up to the amount of their net income. It cannot create a loss.  Qualified tips must be cash and voluntary. This means that the payor has to select the amount of the tip. Tips earned in a tip-sharing arrangement or charged to a card count as cash tips for the purposes of this deduction.  Qualified tips will be found on the taxpayer's W-2, wage statements, contractor's 1099-NECs, and on third-party payment processing Form 1099-K. Taxpayers who report unreported tips on Form 4137 may also use that form to show their qualified tips.  Timalyn warns taxpayers that this is the year they may not want to let a family member who is not a professional handle their taxes. There are a lot of mid-year changes that, if not handled correctly, can lead to tax issues.  Need Tax Help Now? If you need answers to your tax debt questions, book a consultation with Timalyn via her Bowens Tax Solutions website.  Click this link to book a call. Please consider sharing this episode with your friends and family.  There are many people dealing with tax issues, and you may not know about it.  This information might be helpful to someone who really needs it.  After all, back taxes shouldn't ruin their life either. As we conclude Episode 65, we encourage you to connect with Timalyn on social media. You'll be able to subscribe to this podcast on Spotify, Apple Podcasts, YouTube, and many other podcast platforms.  Remember, Timalyn Bowens is America's Favorite EA, and she's here to fill the tax literacy gap, one taxpayer at a time.  Thanks for listening to today's episode. For more information about tax relief options or filing your taxes , visit https://www.Bowenstaxsolutions.com/ . If you have any feedback or suggestions for an upcoming episode topic, please submit them here:  https://www.americasfavoriteea.com/contact. Disclaimer:  This podcast is for informational and educational purposes only.  It provides a framework and possible solutions for solving your tax problems, but it is not legally binding.  Please consult your tax professional regarding your specific tax situation.

A raw examination of U.S. taxation's constitutional roots, hidden coercions, and parallels to feudal systems, questioning implied consent and calling for sovereign debate without illusions of freedom.In this episode of The Neoborn Caveman Show, NC delivers a passionate monologue critiquing taxation as an unsigned social contract, tracing its evolution from the U.S. Constitution's Article 1, Section 8 and the 16th Amendment to modern burdens that fund wars and elites. Drawing on cases like Pollock v. Farmers' Loan & Trust Co. and WWII's 94% rates, he argues for explicit consent at adulthood, exposes IRS weaponization, and compares today's multi-layered taxes to medieval feudal dues. Emphasizing pro-human sovereignty, he warns of neo-feudal techno-surveillance merging communism and fascism, urging vigilance to reclaim "We the people" against transnational corruption. Fact-checked insights highlight renunciation hurdles and Locke's tacit consent as presumptive slavery in disguise.Notable Quotes"You are not even allowed to question the system you never ever signed up for?""Social contract theory is a hallucination. It's an assumption, a presumption. Not real.""We the people, the best expression ever since Jesus.""America is the greatest idea ever since Jesus. If you don't believe me, learn history.""If we are not allowed to have a healthy question, we know that we live in tyranny in a totalitarian system against the people by the corrupt, lizard-minded, transnational and treacherous non-human entities and not the people."Support freedom by purchasing Canada's Mirage: https://www.amazon.com/dp/B0DRYV6VJJ or The Digital Trap: https://www.amazon.com/dp/B0DYWKLK2R/ and join the show's Patreon for more: https://www.patreon.com/TheNeobornCavemanShowFree speech marinated in comedy.Humanity centered satirical takes on the world & news + music - with a marble mouthed host.Free speech marinated in comedy.Supporting Purple Rabbits. Hosted on Acast. See acast.com/privacy for more information.

“No tax on tips” is a provision in President Trump’s new tax-and-spending bill that promises a tax break for tipped workers. But nearly 40% of these workers don’t earn enough to pay federal income tax and won’t directly benefit from the policy. In his latest piece for the New Yorker, contributing writer Eyal Press explains how the “no tax on tips” proposal originally came from the National Restaurant Association — known to some labor advocates as “the other NRA” — a powerful industry lobby that has long fought against raising wages. Press spoke with Apple News In Conversation host Shumita Basu about how the association has shaped labor laws behind the scenes, and why a policy that looks like a win for workers might actually serve their bosses instead.

This episode of Dollars & Sense puts the spotlight on the economic headlines shaping your future. Get an insider's look at the landmark OBBB tax bill, including powerful updates like “Trump accounts,” zero tax on tips and overtime, and a fresh car loan deduction. Our experts break down the practical impact of these changes on everyday finances, revealing who stands to benefit and how. We also analyze the latest economic data, from surprising unemployment trends and Federal Reserve rate decisions to rising health insurance costs and how corporate America is navigating volatility. Understand the forces driving the markets, and pick up actionable tips to stay ahead through 2025's evolving financial landscape. If you want to know how new tax rules and market shifts could affect your money—and what you can do about it—don't miss this episode. Tune in now for thoughtful analysis, fearless forecasts, and the guidance you need to make smarter financial decisions with Dollars & Sense! 

It's been 16 years since the federal government raised the national minimum wage – a fact that continues to worsen the nation's soaring income inequality. Interestingly, in recent months, rather than proposing to make the minimum wage a living wage, some politicians – including President Trump – have championed the idea of ending taxes on […]

Nevada Sen. Catherine Cortez Masto (D) is becoming a more prominent figure in the Democratic party as it tries to find the most effective way to push back against the second Trump administration. The tension between working across the aisle to make progress and resisting took center stage last week during a dustup between Cortez Masto and fellow Democratic Sen. Cory Booker. In an extended interview, host Ben Margiott asks Cortez Masto about that intraparty disagreement, Medicaid cuts, the effects of the One Big Beautiful Bill, No Tax on Tips, Las Vegas tourism, the Epstein files, the humanitarian crisis in Gaza and more. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to Belk on Business! I'm Josh Belk, and I'm excited to get back behind the mic with you. In this episode, we kick off a new series exploring the impactful legislation passed earlier this month. Over the coming weeks, we'll break down how it could affect your business, your wallet, and your financial strategies.Today, we dive into three of the campaign promises that made it into the bill—focusing specifically on no tax on tips, deductibility of car loan interest, and the new provisions around no tax on Social Security. If you're a business owner, self-employed, nearing retirement, or just curious about how these changes could affect your bottom line, you won't want to miss this one.3 Key TakeawaysNot all tipped income is tax-free: Only certain occupations listed by the IRS (to be announced) will qualify for the tip income deduction—up to $25,000 for those under specific income thresholds.Car loan interest deduction comes with conditions: Only new, personal-use vehicles manufactured in the U.S. qualify for the $10,000 deduction—use a VIN decoder to verify eligibility.Social Security tax relief is limited: Individuals 65+ may deduct up to $6,000 of Social Security income, but standard state and income-level rules still apply.Episode Timeline & Highlights[0:00] - Kicking off a new podcast series and what's coming in the next few weeks[1:02] - Overview of today's focus: no tax on tips, car loan interest deductions, and no tax on Social Security[2:16] - Breaking down the “No Tax on Tips” deduction and who qualifies[4:45] - Income limits and specific exclusions explained[6:28] - Car loan interest deduction—what qualifies and how to verify your vehicle[8:54] - New vs. used vehicle rules, commercial use exceptions, and documentation requirements[9:41] - No tax on Social Security: who qualifies and how deductions apply[10:51] - Why you still need to file in certain states—even with federal changesLinks & ResourcesIRS Occupation List for Tip Deductions (coming October)VIN Decoder for Vehicle Eligibility: https://vpic.nhtsa.dot.gov/decoder/IRS 199A Guidance: https://www.irs.gov/newsroom/section-199a-qualified-business-income-deductionIf this episode helped clear things up or sparked new questions, make sure to follow, rate, and review the podcast. And don't forget to share it with a fellow business owner or friend who could benefit from these updates. Until next time—here's to growing smarter!

Keith discusses strategies to avoid capital gains tax on primary residences, highlighting the potential impact of the "No Tax on Home Sales Act" proposed by Representative Marjorie Taylor Greene.  He explains the current tax exemption thresholds of $250,000 for singles and $500,000 for married couples, noting that 34% of homeowners could exceed the single filer threshold.  Keith also explores the rise of small investors in the housing market, representing 30% of purchases, and the potential of peer-to-peer storage and parking platforms to generate income from underutilized property.  And concludes with a critique of government dependency through Section 8 housing. Resources: You can see the video footage of that section 8 clip here. Show Notes: GetRichEducation.com/565 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold, when you sell your primary residence, you need to pay capital gains tax. Learn how to avoid it, then how to increase your rental income with new peer to peer platforms. And finally, a perspective on capitalism and collectivism, with Section Eight housing today on get rich education.    Speaker 1  0:27   Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests and key top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com   Speaker 1  1:12   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:28   Welcome to GRE from st, Joseph, Missouri to st, Albans, Queens in New York City and across 188 nations worldwide. I'm Keith weinholden. You and I are back together here for another wealth building week. This is get rich education, the Treasury and the Fed keep conspiring to print dollars like crazy, create currency, debasing every single dollar that you're currently holding onto. They are stealing your purchasing power, stealing the value of your work and your grit. It makes dollars pretty fake, since they can just be conjured out of thin air, therefore your job is to convert fake dollars into real assets. That's what you need to do, and this is a strategy that dominates. Like Sydney Sweeney, they print more money, causing inflation, so you have to invest in assets, but then they put a capital gains tax on those assets so that most people never escape inflation. But of course, as real estate investors, we have a strategy to avoid capital gains taxes. Well, I'll talk about that more later.   Keith Weinhold  2:46   I mentioned to you on an earlier episode that I recently attended my high school class reunion in Pennsylvania. It was just a few weeks ago, out in a rural area with a lodge and trees and grass and inflation came up in a conversation between me and a few classmates that was some time before we played cornhole in badminton. I talked about how I sort of enjoy spending money. One classmate replied that he is cheap. I don't really directly respond to something like that, but my preeminent thought when someone says that they're cheap is that life is too short to be cheap. There is a way to guarantee an improvement to your quality of life and your standard of living, and that is spending it can do exactly that invest Well, first, that's an antecedent, and then you can spend now, in the short run, when you're young, living below your means that can make some sense, until you've accumulated some Capital, sure, but when you're age 30 to 35 plus, like my classmates and I are Sheesh, you've got to have yourself figured out better by then than to still be cheap make your quality of life exceed your cost of living, because at least here on Earth, this is your last life ever the risk of too much delayed gratification is denied gratification. So be more frugal with your time than your money. And a lot of people point to external circumstances for their circumstances. Most people wait for the economy to change, not realizing that your mindset is the economy that you live in with each property that you own, you just created another small economy that you are in control of. You are at the top of it. Yeah, you created. Another small economy, the actors in it are you, your tenant, your lender, your property manager, your contractors, your utility companies and more, and you control it all. Most people think wealth is created from high salaries, and they go their entire life, therefore chasing the wrong thing, thinking that wealth is created by high salaries all along it squarely is not you get wealthy by owning things, and you certainly won't get wealthy by being cheap. Now, when it comes to owning things, the government taxes you when you profit on those things during your ownership period of them at sale time through the capital gains tax. And of course, we've talked about the specifics in how real estate investors can completely duck out of that with the 1031 tax deferred exchange. But what about homeowners, primary residence owners, they often have to pay it well. President Trump and Representative Marjorie Taylor Greene recently suggested either removing this tax or reforming it. Now this would require congressional approval, but most members of Congress own their home, so they could very well be in favor of it. And green introduced what is simply called the no tax on home sales act.    Keith Weinhold  6:29   Let's discuss how this can affect you, especially if you're a homeowner, or even if you don't own a home under the current law, which has been in place since 1997 on a primary residence, your first 250k of profit is sheltered from tax if you're single, the first 500k is sheltered if you're married. This is called the primary residence capital gains tax exemption or exclusion. Let's use an example. Say you bought a home years ago for 500k you're married and you sell the home for $1.3 million that's an 800k gain, alright? Since the first 500k is sheltered from capital gains tax, you would therefore have to pay the tax on just 300k on all but the lowest earners, your capital gains tax is 15 to 20% so this means if you sell this home on that 300k of profit, you'd have to pay a tax bill of between $45k and $60k and you might not be done there. You could also be subject to a net investment income tax of 3.8% on top of that, you cannot duck out of this because the 1031 exchange that's only for investment property, not primary residences, like we're talking about today, with home prices on the rise so much over the last five years, how many people exactly could be subject to this tax? 34% of homeowners could exceed the single filer threshold, and 10% could exceed the married filer threshold. Another way to say this is that only about 10% of US homes have more than 500k of equity in them, and it's the homeowners in high cost states that are most likely to be impacted here, New York, New Jersey, Massachusetts, California and Hawaii, states like that. So therefore this tax it acts as a deterrent to people selling their homes. Now, what about, say, an elderly person with a really modest income that bought a home in Los Angeles for $30,000 back in 1970 and now it's worth $15 million well, they actually would not get caught in this net, because, like I said, for those with lower incomes, and it's below about 47k for single or 94k married, the capital gains tax rate is zero. For most of you listening again, it's going to be 15 to 20% one reason for the President and others wanting to cancel the capital gains tax on primary residences like this is to get the housing market moving again and get more homes available for sale on the market. Now these 250k and 500k thresholds, they have not moved since 1997 almost 30 years here, they haven't been adjusted for inflation and the median home sales price, it's jumped about 190% in that time it was 145k back in 1997 it's 435k today. So is. Home prices appreciate, more and more people will get caught up in paying the capital gains tax if your home value goes up by 10k That's another 10k that's subject to this 15 to 20% Capital Gains Tax, with that erstwhile possible net investment income tax on top of that. Well, what can you do about this growing capital gains tax obligation that you'll have that a lot of homeowners aren't even aware of? Well, even fewer realize that it is possible to reduce your home sales profit by adding capital improvements. That means making home renovations to the original purchase price. So therefore that home kitchen renovation that you were thinking about doing, well that might not be as costly as you think, if it reduces your capital gains tax at sale time to reset what we're talking about here, it's been proposed that the capital gains tax be removed when you sell your primary residence. Usually, we discuss tax on investment properties here, but this is a significant proposal, and whether it happens or not, it helps you understand the housing market and how to limit your personal tax hit now see if the tax were removed, it could be costly, because it would decrease the government's tax revenue, of course. So in my opinion, what I think is really going to happen here, a more likely course of action would be that instead of eliminating this tax they would just move up the threshold, say, from 250 and 500k up to 500k and $1 million another angle to keep in mind is that relaxing the tax that helps out wealthy people more than it helps the poor. Now, house flippers want to pay particular attention to what happens here, for instance, simply eliminating capital gains tax on house sales that could benefit those who buy and flip homes for profit. If policymakers want to benefit only homeowners, then they need to parse that out. Otherwise, this would be a huge boon to eliminating the capital gains tax on House flippers an absolute godsend, a windfall. In any case, relaxing the tax would mean that homeowners who move they would therefore retain more capital to reinvest in their next property, which you could use to outbid others. What does that do that would drive up home prices even more. I mean talking about the capital gains tax on primary residences, its proposal to be removed and what this would do to the housing market.    Keith Weinhold  12:50   Before I tell you about an interesting real estate investing niche and trend, let's pull back and look at the national housing market. The NAR recently let us know that national home prices hit yet another all time high. The median existing home price reached a record high of $435,300 and that is a 2% increase compared to last year. At this time, it's also the 24th consecutive month of year over year price increases. And you know, it's funny, I recently talked to an investor based in Phoenix that also does a little investing in Las Vegas. She thought that national home prices were falling because she sees a little price flattening in her home area, which is a little overbuilt. Well, prices are up as much as 10% in some areas of the Northeast and Midwest, because those areas are substantially underbuilt. I mean, for some perspective here just one metro area, New York City, one city with its population of over 20 million people, has twice as many people as both Arizona at 7 million and Nevada at just 3 million combined. One city twice as much as two entire states combined with all their cities. So it's remarkable how little perspective some people have see my geography degree holder perspective strikes once more again, national existing home prices are up 2% year over year, nominally, pretty modest growth, not that exciting. And who is doing the buying of these homes supporting and driving up prices. Well fewer and through of them are first time home buyers due to the well documented affordability strain. More and more of them are investors. Just last week, the Wall Street Journal reported that investors are responsible for fully 30% of the purchases of. Of both existing homes and new construction homes this year, and this is the highest share since property analytics firm kotality started tracking it 14 years ago. Investors are really buying today, and what kind of investors? Interestingly, it is people just like you. The Wall Street Journal went on to report that smaller investors who own fewer than 100 homes are doing most of the buying. That's a big change from when massive private equity firms like Blackstone and Starwood Capital Group dominated the market. So this 30% of single family home purchases being made by investors today. Smaller investors are 25% and larger ones only accounted for 5% so yeah, the little guys, people like you, they can take bigger risks because they don't have boards and shareholders to answer to, and plus builders with too much inventory are offering them discounts that were once reserved only for the bigger fish. They're being passed on now to smaller investors like you. That's exactly what the journal went on to say, much like we discussed on the show here last week, where builders are giving massive discounts.    Keith Weinhold  16:22   Well, you probably heard it said that Airbnb doesn't own any real estate. Uber doesn't own any cars. Facebook doesn't own any content, and Tiktok has no original videos. Yet, they all dominate their industries. Well, when you own the real estate, you can make the rules and leverage some of these connector platforms to help you rent out space that you own and increase your income. Do you own any property that's sitting vacant with nothing going on on the lot, perhaps even overgrown with weeds and shrubs. You can use an app like neighbor that helps you rent them out as parking spaces. Neighbor.com customers request your space, and you can approve it. They can park their cars on your space or RVs, boats, boats, trailers. This can be especially lucrative if you're a few miles from an airport, and then there are platforms that let you leverage them, sort of like the Airbnb of storage. Roughly one out of every nine Americans is renting a self storage unit, and that's not even counting all the people searching for a spot to park an extra car, boat or RV. At the same time, there are millions of garages, basements, attics, driveways and backyards sitting underutilized across the country now, platforms like store at my house, Pure Storage and park for share, that one is spelled Park, the number four and share, they're all stepping up to connect people who have extra space with the people that need it. And the result is that renters can typically save 50% or more compared to them using traditional storage companies they can rent from you, and it's often more convenient for renters, since the space they're renting that might be just around the corner instead of across town. Neighbor.com is one of the biggest players in this space, though, its founder, his name's Joseph Woodbury. He says you'd be amazed at what people will pay to store something if the location is good and the price is right, they have had a tiny three foot by five foot closet in Manhattan that rented out in a snap, almost instantly in Woodbury. He even uses the platform himself, leasing part of his own driveway to someone with a camper. Now, you probably want to check with your HOA before you do something like that. But like Airbnb neighbor, they earn money by taking a cut of the host's revenue. But unlike Airbnb neighbor, hosts average just 16 minutes per month managing their listings now Woodbury, the neighbor.com owner, he calls it the most efficient, least time intensive form of passive income in America. And the peer to peer storage trend, that's become a great entry point for new investors, especially those that aren't ready to buy a full property. But it's also catching the eye of experience real estate investors who want to squeeze more cash flow out of the land that you already own. Some are turning unused sheds into rentable storage units. Others are converting open acreage into long term parking. I know someone that's hosting campers and. RVs on his 10 acres in Florida, and he expects to earn about $100,000 this year alone from that land. And they say it's mostly hands off. And now, whenever he buys he looks for acreage plus a home so that he can generate multiple income streams from one property. Well, can this peer storage and parking shake up the $500 billion self storage and parking industry the same way that Airbnb rattled the hotel world? Some think the potential is huge, with national occupancy rates for storage centers hovering around 93% there really is not any sign that the market is oversupplied. In fact, even public storage, that's the company name, public storage, they are the country's largest self storage space operator, even they use neighbor to help lease out their leftover inventory, and so do some REITs that have extra space at their office, retail or apartment properties. And as far as the types of listings, people are getting creative on these platforms. They're monetizing everything from empty barns to church parking lots. Think about how much of the week church parking lots sit vacant to vacant strip mall storefronts, and they're using that as parking so more and more people are realizing that there's hidden value in the real estate that they already own, and you can too. If you own the real estate, you make the rules. So check out those four platforms that I mentioned, if you think it can benefit you to increase the income at your properties in this growing peer to peer storage and parking industry. It was around 2010 when Airbnb really started to take off and really take market share away from hotels, and today, these platforms like neighbor store at my house, peer storage and park for share, are taking market share away from traditional, centralized self storage spaces to review what you've learned so far today, if you're going to Live life full time, you can't be perpetually cheap. Be aware of the primary residence capital gains tax and its elimination proposal. Small investor interest is growing now, making up fully 30% of today's home purchases, and grow your income with Pure Storage and parking platforms coming up next, a viral audio clip that borders on the unbelievable and gives you a new perspective on capitalism, collectivism and Section Eight housing, you'll be flabbergasted. I'm Keith Weinhold. You're listening to Episode 565, of get rich education.   Keith Weinhold  23:00   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056,they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your pre qual and even chat with President Caeli Ridge personally. While it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com.    Keith Weinhold  23:32   You know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading, it's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text family 266, 866, to learn about freedom. Family investments, liquidity fund again. Text family to 66866.   Kathy Fettke  24:42   you this is the real wealth network's Kathy betke, and you are listening to the always valuable get rich education with Keith Weinhold.   Keith Weinhold  25:00   Keith, you are back inside one of America's longest running and most listened to real estate investing shows. I'm your host, Keith Weinhold, and this is get rich education, the voice of real estate investing. Since 2014 wealthy people's money either starts out or ends up in real estate, we tell you why and show you how. I've got a clip to share with you that gets a little wild. We usually share what I suppose is more cerebral content here, but some real perspective can be gleaned from listening to this. This kid wants to work his mom says, No, you can't, because she'd lose her section eight housing benefit. And apparently, free housing is more valuable than his future. This is about one minute in length,   Unknown Speaker  25:52   not getting no job. If you go get a job, they're going to take my section eight, then you won't be able to get no section eight. You're not going to get no job. They're gonna count your income against my section eight and my link card. You're not working, no. So I don't care what you gotta say. I don't care how you feel. You're not working, you're not going to get a job, you you're not going to school, you're not doing none of that like Ma. I'm saying how I'm supposed to be successful in life, huh? So you basically telling me I gotta I gotta be broke to be successful. I got to be broke so I can get section eight. Government can help you. So the government can help me. So you telling me I can't work, no job, bro. Like, that's like, all my friends got jobs and live and nice houses. So you telling me I got the I got to go through the same thing you went through if you have a house, any of that, they're going to take my section eight. How? What they be like,no, they will look at that and be like, he's doing something. And give me a bigger house. Ma, that's what you told me. I can get off your section eight and apply for my own section eight. Okay, but if you do that, you're gonna have to go the hard way. It's gonna take a long so what? That's what I'm saying. Get on Section Eight. Find you a nice apartment, go get you a link card. You will be fine. You don't have to sit up and work. You don't have to work, no job, if the government is here to help us.   Keith Weinhold  27:11   Gosh, this mom won't let her son work, or else she'll lose their government section eight housing benefit, where taxpayers pay for most of their housing. And by the way, is this real? Is this a rage bait skit? I can't quite tell, but it surfaces some interesting questions. For sure, it is true that section eight housing voucher recipients like her can lose their benefits if the household earns more and exceeds a certain threshold. Gosh, here's the youth that wants to do something and maybe be better and have more than his parents. You should want what's best for your child? Some parents have to beg their children to get a job. This kid is willing to go out and see what he's capable of doing. This eaglet is looking to leave the nest, and you're clipping his wings, and yes, you the listener, are the one paying for their housing. There's no such thing as a free government program, because taxpayers like you and I fund the government section eight housing is therefore tax payer funded at one point. The mom says the government is here to help us. Yeah, this woman is making you poorer. This is where the taxes that get knocked out of your paycheck are going. You're working at a job, spending less time with the people you love, and maybe doing fewer of the activities you love so that she can perpetuate a culture of laziness and government dependency. Another successful entrepreneur or employee is not making you poorer, this woman is making you poorer. Thomas Sowell said it best. He is an author and a senior fellow at the Hoover Institution. He's got a lot of brilliant thoughts. Soul famously said, I have never understood why it is greed to want to keep the money you have earned, but not greed to want to take somebody else's money. That's Thomas Sowell. Now it's possible that this woman couldn't get a job that would pay so much more than the section eight income ceiling that it would be worth her getting one. She said there that she doesn't have a job at all. Maybe she has a disability, but there's a video of this. You can see the video. She doesn't appear to be disabled, but the appalling part is that she's discouraging her son from working now. Understand some section eight tenants do work full time jobs, but they're almost certainly going to be really low paying like, say, washing dishes for a restaurant. Section Eight is supposed to be a temporary program. It's supposed to be helpful, not a hindrance. It is a federal program. It's administered by HUD, and it pays the rent money for low income people, allowing them to rent housing out in the private open market. The program has high demand and some long, long waiting lists. They can be years long, even a decade long, waiting list for Section Eight housing some housing authorities even close their wait lists entirely due to the length the overwhelming demand and understand as well, veterans and the elderly are probably on a wait list, waiting for substantially younger people like her to get off the program to qualify for Section Eight, most families need an income below 50% of the area's median income, and your criminal background check has got to be clear, so you don't need to pass some high bar to get into the program. Now, in reality, a large share of the benefit recipients have an income that's under 30% of an area's median and how much of your rent does section eight pay? Participants typically pay a portion of their monthly income toward rent, usually around 30% they pay around 30% where section eight pays 70% I once run into a section eight tenant, and the tenant paid closer to 20% while the program paid 80% for you. And by the way, landlords don't have to accept section eight tenants. It is voluntary, and it pays landlords about the market rate in hot housing markets with fast rising rents. Well, you probably don't want to accept section eight because a regular, unsubsidized tenant is often going to pay you more in a slow rental market, Section Eight is better for landlords. Now, some landlords like section eight because it is guaranteed rent income, but some don't like it because they say they get low quality tenants. Well, foreign landlord can rent to a section eight tenant, a person called a case manager inspects the unit, and I think I shared with you before that, the first one that inspected mine, they wrote me up because they said that one of my Windows didn't open all the way. I fixed it, and the tenant stayed two years before they moved. But the average duration of time that a tenant spends in the program is six to nine years. It is supposed to be a short term bridge, but often becomes a long term subsidy people get dependent on the handout. HUD tells us that only one in seven families leave the program due to increased income, and there is a strong stigma around section eight housing, for sure. Who knows? To shake the stigma, maybe they will just change the name of the program. That happens sometimes, sort of like how they changed the name of the food stamps program to snap. And by the way, the link card that she mentioned in the video that is for food assistance. That's actually the name of the snap card in the state of Illinois. Oh, dear God bless America, training her kids to live off the government. I almost feel trashy after thinking about this. I'm probably going to go shower next now. Should the minimum wage be high enough that everyone can afford at least a one bedroom apartment, and therefore people wouldn't need section eight? Well, the federal minimum wage is $7.25 it's been stuck there since 2009 the economic commentator Peter Schiff, who I had lunch with a couple times last month, he and his wife Peter, makes the case that there should be no minimum wage at all. That is government intervention in the free market. If you make the minimum wage too high, people get laid off and people get replaced by robots. That's just what's really happened in practice, if a person can only make the minimum wage, they need to get better, and they need to skill up, is what Peter contends. Now, when I graduated college, I would have thought that premise sounded ridiculous. No minimum wage. But the more I think about it and the more I experience life, it does begin to make more sense. The fresh post collegiate me would have said that, ah, a working human being, they deserve the dignity of a minimum wage. That's livable, but some time and perspective has me saying that you are the one that brings dignity to your work, your earning potential and your life. It's not up to someone else to provide you with dignity. You don't lean on the government for your dignity. Learn more, be better, skill up. You'll be dignified, and you're going to earn multiples more than minimum wage. When it comes to the section eight, mom, everyone would like to live at the expense of the state, but few realize that the state lives at the expense of everyone else. If you'd like to see the video footage of that section eight clip that I played and more of my commentary on it. It's pretty interesting that should be available on our YouTube channel now. The channel name is get rich education. What else would it be for the production team here at GRE? That's our sound engineer, Vedran Dzampo , who has edited every single GRE episode since 2014,  QC and show notes. Brenda Almendadadas, video lead, Binaya Gyawali video strategy lead, Talha Mughal, video editor, Sorosa KC and producer me, we'll run it back next week for you. If you'd like the show, please tell a friend about it. I'd really appreciate you sharing it until then, I'm your host. Keith Weinhold, don't quit your Daydream.    36:29   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice if the means of guests are their own information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC exclusively.   Keith Weinhold  36:53   You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers, it's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters, and I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read. And when you start the letter, you also get my one hour fast real estate. Video, course, it's all completely free. It's called the Don't quit your Daydream. Letter, it wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text gre 266, 866. While it's on your mind, take a moment to do it right now. Text, gre 266, 866,   Keith Weinhold  38:08   The preceding program was brought to you by your home for wealth, building, getricheducation.com.  

Episode 64: In this episode, Timalyn breaks down a hot topic from the newly passed One Big Beautiful Bill Act, the No Tax on Overtime Act, and what it really means for working taxpayers starting in 2025. There has been a lot of confusion online suggesting that overtime income is completely tax-free. But is that true? Not exactly. Timalyn explains how the law allows an above-the-line deduction for qualifying overtime income. That means you can deduct a portion of your overtime pay from your taxable income, but it is not completely exempt. She walks you through who qualifies, how much can be deducted, and what income limits apply.  Here is a quick breakdown: ✔️ If you are filing single, you can deduct up to $12,500 ✔️ Married couples filing jointly can deduct up to $25,000 ❌ Married filing separately does not qualify for this deduction There are income phaseouts to be aware of. If your income exceeds $150,000 as a single filer or head of household, or $300,000 if married filing jointly, the deduction decreases by $100 for every $1,000 you earn over the limit. Timalyn also explains how employers will report this on your W-2 and what counts as premium overtime pay under the Fair Labor Standards Act. Only the premium portion, meaning the amount you earn above your regular rate, will qualify for the deduction. This deduction is not permanent. It only applies to tax years 2025 through 2028. There is also a Social Security number requirement, and this may affect how couples decide whether to file jointly or separately. Please note that this deduction only applies to income tax. It does not apply to social security, Medicare, state, or local taxes. Need Tax Help Now? If you are currently facing an audit or have received a notice, schedule a consultation with Timalyn through her website: www.bowenstaxsolutions.com As we conclude Episode 64, make sure to subscribe on Spotify, Apple Podcasts, or your favorite podcast platform. Remember, Timalyn Bowens is America's Favorite EA, and she's here to fill the tax literacy gap — one taxpayer at a time. Thank you for listening to today's episode. For more information about tax relief, visit: https://www.Bowenstaxsolutions.com. Got feedback or an episode suggestion? If you have any feedback or suggestions for an upcoming episode topic, please submit them here: https://www.americasfavoriteea.com/contact. Disclaimer: This podcast is for informational and educational purposes only. It provides a framework and possible solutions for solving your tax problems, but it is not legally binding. Please consult your tax professional regarding your specific tax situation.

Today on AirTalk, former Vice President Kamala Harris announces she will not run for CA Governorship; while local housing inventory stalls, interest begins to cool; what is the impact of 'no tax on tips?'; Trump administration may shift views on DACA; is cane sugar really a better alternative than high fructose corn syrup? and TV Talk. Today on AirTalk: Kamala Harris will not run for CA Governor (00:15) Housing market check in (17:44) No Tax on tips (36:27) Trump's shift on DACA (50:13) Cane Sugar vs. High Fructose Corn Syrup (1:06:16) TV Talk (1:24:09) Visit www.preppi.com/LAist to receive a FREE Preppi Emergency Kit (with any purchase over $100) and be prepared for the next wildfire, earthquake or emergency!

Along with some other federal agencies, the Trump administration has attempted to gut the Institute of Museum and Library Services. It's a small agency, but public libraries across the country rely on its funding. The loss of federal grants isn't the only thing these community hubs are up against. On the show today, Sam Helmick, president of the American Library Association, explains how public library funding works, the challenges presented by the shift to digital media, and what the culture wars look like on the ground at public libraries. Later, listeners share their thoughts on the new No Tax on Tips and Overtime laws. Plus, a librarian answers the Make Me Smart question.Here's everything we talked about today:"The Trump Administration Is Threatening Libraries, Museums, and Other Nonprofits That Support the Arts, Humanities, and Learning" from the Center on Budget and Policy Priorities "Libraries are cutting back on staff and services after Trump's order to dismantle small agency" from AP News"1 big thing: Libraries' e-book battle" from Axios“No Tax on Tips” Is an Industry Plant" from The New Yorker We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.

Along with some other federal agencies, the Trump administration has attempted to gut the Institute of Museum and Library Services. It's a small agency, but public libraries across the country rely on its funding. The loss of federal grants isn't the only thing these community hubs are up against. On the show today, Sam Helmick, president of the American Library Association, explains how public library funding works, the challenges presented by the shift to digital media, and what the culture wars look like on the ground at public libraries. Later, listeners share their thoughts on the new No Tax on Tips and Overtime laws. Plus, a librarian answers the Make Me Smart question.Here's everything we talked about today:"The Trump Administration Is Threatening Libraries, Museums, and Other Nonprofits That Support the Arts, Humanities, and Learning" from the Center on Budget and Policy Priorities "Libraries are cutting back on staff and services after Trump's order to dismantle small agency" from AP News"1 big thing: Libraries' e-book battle" from Axios“No Tax on Tips” Is an Industry Plant" from The New Yorker We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.

Send us a textHouse Ways and Means Committee member Adrian Smith, R-Neb., discusses the One Big Beautiful Bill Act's accomplishments and what could be next for Congress on tax. Check out our interview with Rep. Horsford, "House Taxwriter Talks Democratic Priorities, Responds to OBBBA."For more coverage, read the following in Tax Notes:Lawyers Predict Reconciliation Bill Tax ControversiesHouse Appropriators Would Cut IRS Beyond White House's 20 Percent New GOP Tax Law Will Add $3.4 Trillion to the Deficit, CBO SaysGOP's 'No Tax on Tips' Falls Short for Las Vegas TaxwriterFollow us on X:Cady Stanton: @Cady_Stanton David Stewart: @TaxStewTax Notes: @TaxNotes**CreditsHost: David D. StewartExecutive Producers: Jasper B. Smith, Paige JonesProducers: Jordan Parrish, Peyton RhodesAudio Engineers: Jordan Parrish, Peyton Rhodes

Republicans' newly passed tax and spending law makes good on a promise President Trump made over and over on the campaign trail: No Tax on Tips and Overtime. But the change likely won't have the drastic impact many workers think it will. Marketplace's Kristin Schwab joins us on the show today to break down the nuts and bolts of how the tax breaks will work and how American workers and businesses could be affected. Plus, Kimberly's cat Artax makes an appearance.Here's everything we talked about today:"How the new "No Tax on Tips" and overtime laws work" from Marketplace  "No Tax On Tips And Overtime: What Workers Should Know" from Bankrate"Here's A Tip: ‘No Taxes on Tips' May Be Good Politics But Is Bad Policy" from the Tax Policy Center“An Illustrated Guide to Who Really Benefits From ‘No Tax on Tips'” from The New York TimesJoin us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 Pacific/6:30 Eastern. See you then!

Republicans' newly passed tax and spending law makes good on a promise President Trump made over and over on the campaign trail: No Tax on Tips and Overtime. But the change likely won't have the drastic impact many workers think it will. Marketplace's Kristin Schwab joins us on the show today to break down the nuts and bolts of how the tax breaks will work and how American workers and businesses could be affected. Plus, Kimberly's cat Artax makes an appearance.Here's everything we talked about today:"How the new "No Tax on Tips" and overtime laws work" from Marketplace  "No Tax On Tips And Overtime: What Workers Should Know" from Bankrate"Here's A Tip: ‘No Taxes on Tips' May Be Good Politics But Is Bad Policy" from the Tax Policy Center“An Illustrated Guide to Who Really Benefits From ‘No Tax on Tips'” from The New York TimesJoin us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 Pacific/6:30 Eastern. See you then!

100% bonus depreciation is back—and it's permanent.In this episode, CPA and fan-favorite Kevin Bassett returns to break down the tax bill shaking up the commercial real estate world.From massive tax write-offs for CRE pros and investors, to bonus depreciation on entire manufacturing buildings, to the new wave of opportunity zones—this is everything you need to know to protect your margins and maximize your returns.Plus:What brokers and syndicators should do immediatelyWhy the IRS owes cost segregation companies a bottle of champagneThe surprising end to electric vehicle creditsAnd yes, a plea to Barbara Corcoran to join usWhether you're a CRE broker, investor, or just someone who enjoys watching tax legislation get absolutely roasted, this episode is for you.

A new bill from Congresswoman Marjorie Taylor Greene aims to eliminate the federal capital gains tax on primary home sales, offering a major tax break to millions of long-time homeowners. In this episode of Real Estate News for Investors, Kathy Fettke breaks down the proposed No Tax on Home Sales Act, why it's gaining support from industry leaders, and how it could impact inventory, affordability, and home equity cash-outs. With 1 in 3 U.S. homeowners sitting on gains above current tax exclusions, this bill could reshape the way Americans sell—and buy—homes. JOIN RealWealth® FOR FREE https://realwealth.com/join-step-1 FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS Source: https://www.realtor.com/advice/finance/greene-capital-gains-home-sales-bill/ 

Logan and Allie breakdown the Big Beautiful Bill's adjustments to taxes for seniors.

Meet my friends, Clay Travis and Buck Sexton! If you love Verdict, the Clay Travis and Buck Sexton Show might also be in your audio wheelhouse. Politics, news analysis, and some pop culture and comedy thrown in too. Here’s a sample episode recapping four Thursday takeaways. Give the guys a listen and then follow and subscribe wherever you get your podcasts. Clay: Sorry, NY The Senate’s landmark vote to defund PBS and NPR, a conservative goal that has been decades in the making. Clay and Buck frame this as a generational shift in media accountability, pending final approval from the House. The rise of Zohran Mamdani, a New York City mayoral candidate whose far-left platform includes abolishing private property and implementing socialist economic reforms. Clay and Buck debate whether Republicans should strategically allow Mamdani to win, arguing that his radicalism could serve as a wake-up call for voters and galvanize GOP turnout in the 2026 midterms. They suggest that Democrats embracing Mamdani could backfire nationally, especially in swing districts. The Audience Weighs In Calls and emails split between defending New York City and supporting Clay’s provocative idea of “sacrificing” NYC to expose Democratic extremism. The hosts also highlight Elizabeth Warren’s public distancing from Mamdani, interpreting it as a sign of internal Democratic discomfort with his ideology. Alan Dershowitz on Epstein Alan Dershowitz joins the show to discuss the Jeffrey Epstein case, recent developments in the DOJ, and media misinformation. Dershowitz defends Trump against claims of involvement in Epstein’s crimes, asserting there is no credible evidence linking Trump to any wrongdoing. He also debunks conspiracy theories about Epstein’s ties to Israeli intelligence, calling them baseless and antisemitic. Dershowitz advocates for full transparency in the Epstein files, including both accusations and exculpatory evidence, to ensure fairness in public judgment. TN Sen. Marsha Blackburn Senator Marsha Blackburn of Tennessee, offering deep insights into the latest conservative legislative victories and political developments. The hour opens with Blackburn discussing the Senate’s advancement of a major rescission package, which includes efforts to defund NPR and the Corporation for Public Broadcasting—an initiative dating back to the Reagan era. She highlights the elimination of wasteful federal spending, such as funding for vegan food in Zambia and electric buses in Rwanda, projecting a potential $90 billion in savings over a decade. The conversation shifts to President Trump’s early-term accomplishments, with Blackburn praising his swift action on the economy, border security, and crime. She emphasizes his commitment to promises made, including securing the southern border, reducing inflation, and rebuilding the military. The hosts and Blackburn also discuss the “No Tax on Tips” bill and a proposed $6,000 annual Social Security tax deduction for seniors, framing these as key components of the GOP’s 2024 platform. Judicial appointments take center stage as Blackburn details the contentious confirmation of Emil Bove to the U.S. Court of Appeals for the Third Circuit. Despite Democratic opposition due to Bove’s past legal defense of Trump, Republicans pushed the nomination through committee. Blackburn criticizes Democrats for obstructing judicial and law enforcement appointments, urging the GOP to push confirmations forward without delay. The hour also explores Tennessee’s economic success, with Blackburn crediting the state’s constitutional ban on income tax and fiscally conservative governance for attracting businesses and residents. She contrasts this with the rise of far-left politics in cities like New York, referencing the candidacy of Zohran Mamdani and warning of the dangers of socialist policies. Make sure you never miss a second of the show by subscribing to the Clay Travis & Buck Sexton show podcast wherever you get your podcasts! ihr.fm/3InlkL8 For the latest updates from Clay and Buck: https://www.clayandbuck.com/ Connect with Clay Travis and Buck Sexton on Social Media: X - https://x.com/clayandbuck FB - https://www.facebook.com/ClayandBuck/ IG - https://www.instagram.com/clayandbuck/ YouTube - https://www.youtube.com/c/clayandbuck Rumble - https://rumble.com/c/ClayandBuck TikTok - https://www.tiktok.com/@clayandbuck YouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.

-Rob discusses Marjorie Taylor Greene's proposed “No Tax on Home Sales Act” and a potential new policy allowing rent history to help buyers qualify for mortgages. -Rob and guest Mary Walter unpack topics including Epstein cover-up theories, escalating violence from the left, and commentary on Type 1 Diabetes Barbie. Today's podcast is sponsored by : BIRCH GOLD - Protect and grow your retirement savings with gold. Text ROB to 98 98 98 for your FREE information kit!CB DISTILLERY : Get healthy sleep with 25% off your first order at http://CBDistillery.com and use promo code CARSON To call in and speak with Rob Carson live on the show, dial 1-800-922-6680 between the hours of 12 Noon and 3:00 pm Eastern Time Monday through Friday…E-mail Rob Carson at : RobCarsonShow@gmail.com Musical parodies provided by Jim Gossett (www.patreon.com/JimGossettComedy) Listen to Newsmax LIVE and see our entire podcast lineup at http://Newsmax.com/Listen Make the switch to NEWSMAX today! Get your 15 day free trial of NEWSMAX+ at http://NewsmaxPlus.com Looking for NEWSMAX caps, tees, mugs & more? Check out the Newsmax merchandise shop at : http://nws.mx/shop Follow NEWSMAX on Social Media:  -Facebook: http://nws.mx/FB  -X/Twitter: http://nws.mx/twitter -Instagram: http://nws.mx/IG -YouTube: https://youtube.com/NewsmaxTV -Rumble: https://rumble.com/c/NewsmaxTV -TRUTH Social: https://truthsocial.com/@NEWSMAX -GETTR: https://gettr.com/user/newsmax -Threads: http://threads.net/@NEWSMAX  -Telegram: http://t.me/newsmax  -BlueSky: https://bsky.app/profile/newsmax.com -Parler: http://app.parler.com/newsmax Learn more about your ad choices. Visit megaphone.fm/adchoices

Mayor Adams seems to be the candidate to back in the NYC Mayoral Race for the Republicans. Mamdani is being evaluated by more celebs and big names, and it doesn't look good for him. Jeffrey Epstein looks to have had no client list from committing suicide or Epstein being a sex offender. Mark breaks down how to respond when the media tells you that The Big Beautiful Bill will be tax cuts for the wealthy. Mark Takes Your Calls! Mark Interviews Boston Radio Host Howie Carr. Howie and Mark talk about if this new generation is all about giveaways and handouts. Is that the reason young people love Mamdani? It's not true that the Big Bill is going to mostly benefit the wealthy. See omnystudio.com/listener for privacy information.

In this hour Howie takes calls on the passing of the Big Beautiful Bill and a lot of people are excited about No Tax On Tips.  Visit the Howie Carr Radio Network website to access columns, podcasts, and other exclusive content.

The House of Representatives could vote as soon as today on President Donald Trump's big tax and spending bill. Trump says the legislation gets rid of taxes on Social Security benefits, but it's not quite that simple. We'll unpack. Then, we'll discuss this morning's surprisingly weak private payroll data. And, we'll travel to London ahead of the city's Pride festival, which has been hit by declining corporate sponsorship.

Pat has been invited onto a podcast? 16-year buildup on the Iran attack by the U.S. military? Are your roads as bad as the roads around Dallas-Fort Worth? Defense Secretary Pete Hegseth goes off on the press. Was enriched uranium moved out of nuclear facilities before strikes? 300,000 immigrant children missing courtesy of the Biden administration. There's no crying in baseball! Gen Z has some demands for employers. The origin story for "No Tax on Tips." Another boys' soccer team beats a women's national team. Jamaal Bowman is a sad, bitter man. Remember Rush Limbaugh's words of wisdom on immigration. Zohran Mamdani would be terrifying as mayor of New York City. North Korea opens a resort! 00:00 Pat Gray UNLEASHED 00:45 Pat's Podcast Invite Scam 05:48 General Caine Discusses Attack on Iran 13:08 Pete Hegseth Rips the Press 18:14 Karoline Leavitt Calls Out Natasha Bertrand 23:59 RFK Jr. on the Missing Children that Crossed the Border 26:19 Rebecca Balint Accuses ICE of Kidnapping Children 31:58 Fat Five 50:54 Tom Homan on the 'Big Beautiful Bill' 52:52 Trump Explains the Origin of "No Tax on Tips" 59:49 Houston Highway Woman 1:07:22 Jamal Bowman says Black Health is Terrible because of Racism 1:09:37 The "Limbaugh Laws" 1:12:22 More Controversial Takes from Zohran Mamdani 1:32:10 New North Korea Resort Learn more about your ad choices. Visit megaphone.fm/adchoices

Charlie takes an hour of questions live from CK Exclusives subscribers, including: -Does Charlie think any part of the Elon/Trump feud was staged? -What in the Big Beautiful Bill for America's millions of truck drivers? -What is the goal of retirement, and should you want it? Become an Exclusives subscriber and ask Charlie a question on-air by going to members.charliekirk.com. Watch every episode ad-free on members.charliekirk.com! Get new merch at charliekirkstore.com!Support the show: http://www.charliekirk.com/supportSee omnystudio.com/listener for privacy information.