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There is officially one winner for the $1.128 billion Mega Millions jackpot — and the taxman will take a sizable share, experts say. A single ticket sold in New Jersey won the game's fifth-largest grand prize after matching all six numbers drawn Tuesday night, Mega Millions announced Wednesday. The final jackpot dropped from an estimated $1.13 billion to $1.128 billion based on actual ticket sales. The lucky winner will choose between two options: an annuitized prize worth $1.128 billion or a lump-sum payout of $536.6 million cash. New Jersey taxes prizes over $10,000 and the winner will owe millions to the state, including a mandatory withholding, on top of their federal tax bill, he said.
Persons: Albert Campo Organizations: Mega, Finance, AJC Accounting Services Locations: New Jersey, Manalapan , New Jersey . New Jersey, California, Florida , New Hampshire, South Dakota , Tennessee , Texas, Washington and Wyoming
Nearly two-thirds of American Jews feel less secure in the U.S. than they did a year ago, according to a new national survey. The American Jewish Committee, a prominent advocacy organization, conducted the survey last fall just as the Israel-Hamas war began on Oct. 7. The number of American Jews who say they feel less secure in the U.S. jumped 22% from last year’s survey. The survey released Tuesday found one quarter of American Jews said they have been the target of antisemitism in the past year. Levin, who is not affiliated with the AJC survey, said anti-Jewish hate crimes hit a record high last year in several major cities.
Persons: Ted Deutch, , ” Deutch, Brian Levin, eliminationist, Levin, , SSRS, Israel, it’s, Holly Huffnagle, ” Huffnagle, Biden Organizations: American Jewish Committee, Hamas, U.S, AJC, Associated Press, Center, California State University, San, Democratic, Lilly Endowment Inc, AP Locations: U.S, Israel, San Bernardino, , Pittsburgh
However, you may still owe taxes if you made a profit on resold Taylor Swift tickets, experts say. While third-party payment apps won't report as many business transactions to the agency this year, you are still required to pay taxes on profits, including resold concert tickets. "The big thing this past year was selling Taylor Swift concert tickets," said certified financial planner Tommy Lucas, an enrolled agent at Moisand Fitzgerald Tamayo in Orlando, Florida. 'If you want to follow the law ... report it'Ticket profits have always been taxable, and this may affect those who resold Taylor Swift concert tickets this summer. Keep copies of your purchase receipts for goods you later resell, such as those Taylor Swift tickets, since tax liability will be based on your sales proceeds minus the original purchase price.
Persons: Taylor Swift, Buda Mendes, tas23, Tommy Lucas, Moisand Fitzgerald Tamayo, Swift, Taylor, Lucas, James Guarino, Baker Newman Noyes, it's, Albert Campo Organizations: Getty, IRS, PayPal, TicketMaster, Accounting Services, CNBC Locations: Orlando , Florida, Boston, New Jersey
Pope Francis speaks during the weekly general audience, at the Vatican, November 22, 2023. Vatican Media/­Handout via REUTERS/File Photo Acquire Licensing RightsVATICAN CITY, Nov 23 (Reuters) - Jewish groups have criticised Pope Francis and demanded clarifications over his comments that they saw as accusing both Hamas and Israel of "terrorism". Francis made the comments on Wednesday after meeting separately with Jewish relatives of hostages held by Hamas and with Palestinians with family in Gaza. In a toughly worded statement on Thursday, the Council of the Assembly of Italian Rabbis (ARI) accused the pope of "publicly accusing both sides of terrorism". But the AJC added: "Later in the day, he described the Israel-Hamas war as 'beyond war' as 'terrorism.'
Persons: Pope Francis, Francis, Simon Wiesenthal, Cardinal Matteo Zuppi, Philip Pullella, Andrew Heavens Organizations: Vatican, Handout, REUTERS, CITY, Hamas, Gunmen, Twitter, American Jewish Committee, Simon, Simon Wiesenthal Center, Thomson Locations: Israel, Gaza, St, Hamas, U.S, Nazi Germany, Ukraine
Additionally, the value of non-cash charitable contributions is limited to 50% of your adjusted gross income, which can be a "real hassle" if you're donating a newer used car, which are "valuable right now," he said. The donor must include the 1098-C when they file their individual tax return, and detail the donation on Schedule A. If you made more than $5,000 in non-cash charitable contributions, you'll also fill out Form 8283, Lucas said. Even if you don't see a tax benefit, you relieve the charity of the effort and expense of repairing and selling the car. How to vet a nonprofit for a car donationIf you plan to donate a car, make sure the organization is a 501(c)(3) organization, Campo explained.
Persons: Manusapon, Albert J, Lucas, you'll, Campo Organizations: AJC Accounting Services, IRS Locations: Manalapan , New Jersey
Arik Armstead of the San Francisco 49ers at the NFC Championship game against the Philadelphia Eagles on Jan. 29, 2023. While the pay stub showed gross earnings of more than $4 million year to date, experts say it holds lessons for everyday taxpayers. While it's possible to withhold less than you'll owe, you could risk underpayment penalties on top of a sizable income tax bill in April. Max out your 401(k) to save on taxesIn addition to significant tax withholdings, Armstead also maxed out his workplace retirement plan for 2023. But you can reduce your adjusted gross income with pre-tax 401(k) contributions, experts say.
Persons: Arik Armstead, Kevin Sabitus, Sam, Armstead's, Albert Campo, Armstead, Tommy Lucas, Moisand Fitzgerald Tamayo, Lucas, Armstead's withholdings, John Loyd, Max Organizations: San Francisco 49ers, NFC, Philadelphia Eagles, Getty, Finance, Social Security, AJC Accounting Services, CFP Locations: Manalapan , New Jersey, California, Orlando , Florida, Florida, Texas, Fort Worth , Texas
State Senator Stephanie Chang, a longtime friend, said that since Oct. 7, when Hamas attacked Israel, Ms. Woll had been talking with Jewish and Muslim community leaders about helping civilians on the ground. She would always, he said, “draw out the best in everybody.”Speaking at the funeral, he noted the diverse crowd in attendance, which he said represented what Ms. Woll was about. “We have in this room, Muslims and Hindus, Catholics and Christians and Jews and all kinds of races, and everyone loves Sam and was affirmed by Sam,” he said. Rabbi Ariana Silverman of the Downtown Synagogue spoke about Ms. Woll’s recent work guiding the renovation of the synagogue, her leadership on fund-raising efforts and her openness to other viewpoints. “She certainly had her own convictions,” Rabbi Silverman said, “but she would really listen to different ideas and had the remarkable ability to say, ‘Let me think about it, and I will get back to you.’”
Persons: Stephanie Chang, Woll, Rabbi Asher Lopatin, Sam, , Rabbi Ariana Silverman, ” Rabbi Silverman, Organizations: Jewish Community Relations Council Locations: Israel, Bloomfield Hills, Mich
Kemp should instead have criticized Trump's Georgia indictment. Brian Kemp forcefully pushed back against former President Donald Trump's 2020 election claims, according to The Atlanta Journal-Constitution. "His message should have been against this, not arguing with President Trump about the election and making it about his own ego and pride over Georgia's election," she told the newspaper. Am I going to be a part of President Trump's Cabinet if he wins? "The 2020 election in Georgia was not stolen," Kemp wrote.
Persons: MTG, Kemp, Trump's, Greene, Marjorie Taylor Greene of, Brian Kemp, Donald Trump's, Trump, Democratic Sen, Jon Ossoff, Joe Biden's, Biden, Organizations: Gov, AJC . Rep, Service, The Atlanta, Republican, Senate, Democratic, GOP, AJC, Trump Locations: Trump's Georgia, Wall, Silicon, Marjorie Taylor Greene of Georgia, Fulton County, Georgia, Waco , Texas
JERUSALEM, June 17 (Reuters) - Israel could find acceptable an understanding between its arch-foe Iran and the United States if it includes rigorous supervision of Tehran's nuclear programme, a senior lawmaker said in comments aired on Saturday. According to Iranian and Western officials, Israel's main ally Washington is holding talks with Iran to sketch out steps that could include limiting the Iranian nuclear programme. No agreement with Iran would obligate Israel, which will do everything required to defend itself. "Our opposition to the deal - a return to the original (2015) deal - is working, I think." The U.S. government has dismissed reports it is seeking an interim deal with Tehran, which denies seeking the bomb.
Persons: Donald Trump, Yuli Edelstein, Benjamin Netanyahu's, Edelstein's, Netanyahu, Tzachi Hanegbi, Israel didn't, Hanegbi, Israel Hayom, Ron Dermer, Joe Biden's, Dan Williams, David Holmes Organizations: U.S . Congress, parliament's Foreign Affairs, Defence Committee, Press ., Israel, Strategic, AJC Global, Thomson Locations: Israel, Iran, United States, Washington, Tel Aviv, U.S, Tehran
Georgia Republicans are holding their state party convention in early June. Former President Donald Trump and former Vice President Mike Pence are speaking on different days. The Atlanta Journal-Constitution reports the embattled former president and the yet-to-declare former vice president have already locked down speaking slots for the two-day GOP convention, kicking off June 9. Ron DeSantis, who is hopscotching across Iowa, New Hampshire, and South Carolina this week to build support in those early primary states, declined to comment on whether he would participate in the Georgia GOP meeting. Kemp, who won a second term in November 2022, is skipping the GOP convention altogether.
"I want all businesses to make people of all stripes feel warm and welcome," he told Insider. "There are times when something can be well-intentioned but could be wildly off," he told Insider. Michelle Thames, founder of Thames Media Solutions. Courtesy of Michelle ThamesAuthentic marketing resonates with people and is more likely to boost brand awareness, said Michelle Thames, founder of Thames Media Solutions in Chicago. "It's definitely important to have a connection instead of just posting a meme and slapping up a picture, which doesn't really resonate," she told Insider.
Jurors heard a recording of the call during the grand jury proceedings, AJC reported. The Atlanta newspaper spoke with five of the 23 special grand jury members who took part in Georgia's probe of efforts to overturn the 2020 election by Trump and his allies. According to AJC, Ralston was among the ranks who denied Trump's request. The special grand jury completed its report in January and recommended multiple indictments. "It is not a short list," Emily Kohrs, the forewoman of the grand jury, told The New York Times.
If you're worried about getting a tax form from payment apps like Venmo or PayPal , you're now less likely to receive one for 2022 — thanks to a change from the IRS. The agency on Friday announced a one-year delay for a new tax reporting rule, requiring payment services to issue Form 1099-K for business transfers over $600, and many tax experts have applauded the change. Before 2022, taxpayers and the IRS received 1099-Ks when payments crossed a threshold of more than 200 transactions worth an aggregate above $20,000. More from Personal Finance:IRS delays tax reporting change for 1099-K on Venmo, Paypal business paymentsFrom 'quiet quitting' to 'loud layoffs,' will career trends continue in 2023? He said the one-year delay for the federal 1099-K tax reporting change gives taxpayers more time to prepare.
As the tax season approaches, many Americans are bracing for a new reporting change for third-party payment networks like Venmo or PayPal. Starting in 2022, you'll receive Form 1099-K, which reports income to the IRS, for business payments over $600. But experts say it's possible you'll receive 1099-Ks for personal transfers by mistake. "As tax preparers, we are more or less expecting the worst," said Albert Campo, a certified public accountant and president of AJC Accounting Services in Manalapan, New Jersey. But the American Rescue Plan Act of 2021 dropped the threshold to just $600.
If you're eager to file your 2022 tax return in January or early February, the IRS has a warning: You'll need to wait for "key documents" before filing in 2023. In a release last week, the IRS urged "early filers" to watch for Form 1099-K, which reports income for third-party payment networks such as Venmo or PayPal. "A little extra caution" could save time and effort, the agency said, because if you don't report 1099-K income, you may owe money and need to file an amended return. That means tax filers should build in a little time to allow for slow or misdirected mail. If you've recently moved, for example, it's possible third-party payment networks still have your previous address on file and send 1099-Ks to the wrong place, he said.
If you've accepted payments via apps such as Venmo or PayPal in 2022, you may receive Form 1099-K, which reports income from third-party networks, in early 2023. "There's no change to the taxability of income," the IRS noted in a release Tuesday about preparing for the upcoming tax season. Before 2022, you may have received a 1099-K if you had more than 200 transactions worth an aggregate above $20,000. More from Personal Finance:IRS warns about new $600 threshold for third-party payment reportingTax 'refunds may be smaller in 2023,' warns IRS. Here's what to know about reporting 1099-K payments on your return and how to reduce your tax liability.
Herschel Walker didn't personally call Raphael Warnock to concede the Georgia Senate race, per the AJC. Warnock defeated Walker in the runoff election, giving Democrats a 51-49 majority in the Senate. With nearly all votes in statewide, Warnock leads Walker 51.4%-48.6%. In the November general election, Warnock led Walker 49.4%-48.5%, but because no candidate reached the 50% threshold, a December runoff election was triggered, which gave the candidates four additional weeks to campaign across the state. I want you to believe in America and continue to believe in the Constitution and believe in our elected officials.
Trump on Sunday wrote that US Jews "have to get their act together" on matters relating to Israel. "Support for the Jewish state never gives one license to lecture American Jews," the AJC tweeted. The American Jewish Committee also criticized Trump's post. Those remarks were also criticized by the American Jewish Committee, which called the comments antisemitic. "His past support for Israel doesn't give him license to traffic in radioactive antisemitic tropes — or peddle unfounded conclusions about the unbreakable ties that bind American Jews to Israel.
Bill Maher slammed Georgia Senate candidate Herschel Walker on Friday. Maher took aim at the candidate's recent scandals including one centered around Walker's former girlfriend's abortion. Maher took aim at several false statements made by Walker, who is running for Senate in Georgia, as well as allegations of violence against the former football player. "He's just a fucking idiot on a scale almost impossible to parody," Maher said on his show Real Time. Maher highlighted how Walker previously falsely claimed he was in the FBI, and a police officer.
Raphael Warnock called out Herschel Walker after a campaign appearance on Friday, per the AJC. Warnock said that Walker's campaign tumult centered on abortion shows "a disturbing pattern." We've seen a disturbing pattern, and it raises real questions about who is actually ready to represent the people of Georgia," Warnock said of Walker. Georgia Republican Senate nominee Herschel Walker. He alluded to what he depicted as a Democratic-led smear campaign during a Thursday press coverage in Georgia.
Instagram has restricted the account of the rapper Ye, formerly known as Kanye West, after he posted a message that some groups are calling "anti-Jewish." According to a Meta spokesperson, Instagram deleted content from Ye's Instagram page and restricted the account after the company said he violated its rules and guidelines. Ye appeared in a Fox News interview Thursday with Tucker Carlson and echoed anti-Semitic conspiracy theories. In a post Friday, the American Jewish Committee, an anti-hate group, posted a video calling Ye's remarks antisemitic. In the video, the AJC said, Ye was using "antisemitic tropes like greed and control," highlighting his Fox News appearance and his Instagram post.
A new AJC poll showed that 54% of Georgia voters backed Biden's student-loan forgiveness plan. Warnock and Abrams back Biden's plan, while Kemp and Walker are opposed to the framework. The same poll showed Biden's job approval rating in the state at 37%, with 58% disapproving of his performance. Walker said during a recent campaign event that Biden's student-loan forgiveness plan was "not right." Abrams has praised Biden's plan and last month used the president's announcement to take a swipe at Kemp's policies.
Отель в Нью-Йорке, в котором проходили съемки второй части фильма "Один дома", предлагает гостям воспользоваться услугой "Живи как Кевин" и почувствовать себя главным героем картины - Кевином Маккаллистером. "Испытать ощущения Кевина" можно будет "в номере и на территории всего отеля". Продолжение фильма — "Один дома — 2. В этой части семья отправляется на каникулы в Майами, однако Кевин по ошибке оказывается на борту самолета в Нью-Йорк. "Один дома - 2" примечателен тем, что в этом фильме появляется нынешний президент США Дональд Трамп, который исполняет роль владельца отеля.
Persons: Wollman, , Живи, Кевин, Кевин Маккаллистер, Маколей Калкин, Гарри, Марви, Маккаллистеров, Дональд Трамп Locations: ньюйорк, Кевин, Майами, НьюЙорк, США
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