The Internal Revenue Service is not an agency that gets a lot of love — particularly at this time of year as Americans have just sent in their tax payments.
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The USA TODAY Network Atlantic Group will host a panel discussion with Rep. Tom Suozzi, D-New York, and Rep. Josh Gottheimer, D-New Jersey, on efforts to repeal the federal cap on state and local tax deductions.
The cap, enacted by a Republican-led Congress in 2017, limited so-called SALT deductions at $10,000 a year.
Congressional Democrats including Suozzi and Gottheimer are pursuing the repeal as a negotiating point in President Joe Biden s infrastructure package. Those in favor of repealing the SALT cap say they are fighting for a tax cut for middle-class homeowners.
The panel, to be hosted by Stacey Barchenger of the USA TODAY Network New Jersey State House team, will also include Joseph Spector, USA TODAY Network Atlantic Group politics editor, and David McKay Wilson, veteran Tax Watch columnist for lohud and The Journal News.
He Bought Health Insurance for Emergencies. Then He Fell Into a $33,601 Trap. ProPublica 2 hrs ago
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In the spring of 2019, Cory Dowd suddenly found himself without health insurance for the first time. A self-employed event planner, he had just finished a Peace Corps stint that provided health benefits, but he was still more than a year away from starting a graduate program that would provide coverage through his university.
So, like countless others in an online world, he went insurance shopping on the internet.
He Bought Insurance in Case of Emergency. Then Came a Bill for Over $30,000.
Trump-era deregulation of health insurance has led to an explosion of short-term plans carrying high risk for patients.
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In the spring of 2019, Cory Dowd suddenly found himself without health insurance for the first time. A self-employed event planner, he had just finished a Peace Corps stint that provided health benefits, but he was still more than a year away from starting a graduate program that would provide coverage through his university.