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The IRS’ Latest BAD NEWS for Americans is Going to Be Tough to Swallow

It’s not just the government shutdown’s fault, either.

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Thankfully, our federal government is now open for business…at least for three weeks.

During that 33 day span of governmental impasse, we were repeatedly given conflicting updates about the state of the IRS.  This was especially troubling for Americans who were beginning to work to prepare their taxes for 2018.

Worse still, we don’t know for certain that the government will remain open through Tax Day in April, imbuing more than a smidgeon of chaos to our financial lives.

Trending: Biden’s ‘Day of Prayer’ Remarks Never Mentioned God, But It DID Talk of ‘Racial Justice’ and ‘Climate Change’

The latest news out of the IRS doesn’t seem too hopeful…even if the agency remains open.

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And this year many Americans are expected to be less than happy due to last year’s sweeping federal tax overhaul, which has Block and the rest of the tax-preparation industry bracing for plenty of sour reactions now that tax filing season is about to start ahead of the April 15 deadline. They’re doing things such as extra customer education, employee training and even role-playing exercises to prepare for the financial mood swings ahead.

The bill represented the biggest change in the U.S. tax code since 1986, altering the tax situation for many of the 154 million people expected to file individual federal returns this year with the Internal Revenue Service.

The latest redo, among other things, lowered tax rates for many individual income levels and raised the standard deduction. But it also eliminated many deductions that people had itemized to lower their tax burden — such as union dues and the fees that tax preparers charge — and it placed caps on others, such as state and local income tax deductions.

The upshot: While some filers will owe less or get a larger-than-expected refund, many others will be in the opposite camp, especially if they did not adjust their W-4 form that determines how much of their weekly income is withheld for taxes.

So, not only will your tax refund possibly be late, it may be smaller than usual as well.

 

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Biden’s ‘Day of Prayer’ Remarks Never Mentioned God, But It DID Talk of ‘Racial Justice’ and ‘Climate Change’

Devout Catholic….

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Joe Biden put out his first presidential proclamation for the National Day of Prayer, but it seems he forgot to mention anything about God, or religion… well, except for the left’s religions of climate change and racial justice. Biden issued his proclamation on Thursday to supposedly address the power of prayer. But instead of an ode to God, Christianity or even religion in general, Biden paid homage to the left’s fake religions and ignored real religions. “Throughout our history, Americans of many religions and belief systems have turned to prayer for strength, hope, and guidance,” Biden’s proclamation began. “Prayer has nourished countless souls and powered moral movements — including essential fights against racial injustice, child labor, and infringement on the rights of disabled Americans. Prayer is also a daily practice for many, whether it is to ask for help or strength, or to give thanks over blessings bestowed.” Biden added that the First Amendment protects “the rights of free speech and religious liberty,” which protects the right of all Americans to pray. “These freedoms have helped us to create and sustain a Nation of remarkable religious vitality and diversity across the generations,” the proclamation continued. Celebrating the “healing balm of prayer,” Biden added, “As we continue to confront the crises and challenges of our time — from a deadly pandemic, to the loss of lives and livelihoods in its wake, to a reckoning on racial justice, to the existential threat of climate change — Americans of faith can call upon the power of prayer to provide hope and uplift us for the work ahead.” Biden did not mention the words God, Jesus, or any specific religious concepts other than the general point of “prayer.” This is in stark contrast to every president before him. Even Barack Obama mentioned God. Check…

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Biden’s Jobs Report Crashes to Worst Miss in History, Then He Blames Trump

The latest jobs report is the worst miss of estimated new jobs creation in history, and Joe Biden is desperately trying to blame Trump.

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The latest jobs report is the worst miss of estimated new jobs creation in history, and Joe Biden is desperately trying to blame Trump even as he claims nothing is wrong at all. Economists had predicted almost a million new jobs for this past period, but on Friday Biden’s latest report came in at only 266,000 new jobs. This is a huge gap, and the worst miss of jobs predictions in history. Not only did Biden’s numbers come in at a massive miss of the expected new jobs, but the unemployment rate actually went up to 6.1%. https://twitter.com/axios/status/1390648052097163271 One of Biden’s problems us that the Democrats keep handing out free cash to the unemployed which has convinced them that they don’t even need to go look for a job. https://twitter.com/cvpayne/status/1390648212864839684 Not only was this latest period a big miss, but the last one was also downgraded from the original estimate of 916,000 down to 770,000. When the news broke, Biden initially said everything was juuuust fine. “There is more evidence that our economy is moving in the right direction, but it’s clear we have a long way to go,” Biden said on Friday. But on the other hand, he tried to blame Trump, saying, “When we came in, we inherited a year of profound economic crisis and mismanagement on the virus.” Lies. The fact is, the report showed unemployment rose in April for the first time since April 2020, when the economic fallout from the coronavirus pandemic first hit the nation. Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston.

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