nkent+FollowIRS Can Now Peek Into Your Venmo & CryptoHeads up: The IRS isn’t just eyeing your bank account anymore. Now, they can check out your Venmo, PayPal, and even crypto wallets if you’re making money on the side. The big shift? If you sell stuff online or drive for Uber, those payments are now easier for the IRS to track. Best money move: Keep good records and don’t ignore those tax forms—even if your side hustle feels small. #Business #MakeMoney #taxes46Share
cody79+FollowIRS Won’t Update Paycheck Tax Withholding YetHeads up: If you were banking on the IRS to tweak your paycheck taxes for the new tip, overtime, or senior deductions in 2025, it’s not happening yet. The IRS is keeping things as-is for now, so your W-2 and paycheck deductions won’t change. If you want a bigger refund next year, just keep things steady. If you want that extra cash now, you’ll need to update your W-4 yourself—but do the math carefully! #Business #MakeMoney #taxes71Share
Kevin Reed+FollowGamblers Hit With New Tax CurveballDid you know starting in 2026, gamblers can only deduct 90% of their losses—down from the full amount before? That means even if you break even or lose just a little, you could still owe taxes on 'phantom' winnings. Lawmakers are scrambling to fix what many are calling a big oversight, but for now, pro gamblers and casual players alike are facing a much tougher tax game. Watch this space for updates! #News #taxes #gambling4017Share
Emily Rogers+FollowCould Retirees Finally Catch a Tax Break?Heads up if you (or your parents) are over 65: Congress is talking about a new bill that could double the tax deduction for seniors. With groceries, rent, and healthcare all getting pricier, this could mean more money stays in retirees’ pockets—potentially saving some couples over $2,000 a year. If you’re worried about stretching your retirement dollars, this is one to watch! #retirement #taxes #seniors #moneysmart #personalfinance #Finance114Share
Kaitlyn Page+FollowWait, Social Media Influencers Get Tax-Free Tips?!You know restaurant servers and rideshare drivers get tips, but did you know social media influencers and podcasters are now on the list of jobs where tips won’t be taxed for the next four years? The Treasury just dropped a list of 68 occupations that qualify for this sweet deal—think bartenders, dancers, pet sitters, and even tattoo artists. But heads up: only about 3% of households will actually benefit, and there are income limits. Still, who knew your Insta hustle could be a tax break? #JobCareer #taxes #tips00Share
