Taxes
Latest Taxes News
Kamala Harris’ 28% Capital Gains Tax Plan Is A Surprise. Here’s Why
Vice President Kamala Harris has proposed a 28% tax on long-term capital gains for Americans who earn $1 million or…
Projected Brackets, Standard Deductions And More
The U.S. Bureau of Labor Statistics reported that the consumer price index (CPI) increased by 0.2% on a seasonally adjusted…
Guide to Capital Gains Taxes on Commercial Properties
Capital gains tax on commercial property can vary depending on factors like the length of ownership and the taxpayer’s income…
Kamala Harris Supports Tax on Unrealized Capital Gains: What It Means for Wealthy Households
The Kamala Harris campaign has made one of its first concrete policy proposals this week with a tax plan. The…
Michigan Supreme Court Rules In Favor Of Homeowners In Years-Old Foreclosure Fight
In 2014, then-83-year-old Uri Rafaeli, a retired engineer in Michigan, underpaid his property taxes by $8.41. That was all it…
Gifts Today, Taxes Tomorrow: The Interplay Between Gift And Estate Tax
The intricacies of federal tax laws can be daunting, especially when it comes to understanding how gift and estate taxes…
Pennsylvania Is Latest State To Sign On To The 2025 IRS Direct File Program
Pennsylvania has joined the list of states that will participate in the IRS Direct File program in 2025. The move…
No, Bitcoin Won’t Solve Our National Debt
At a Bitcoin conference last weekend, Senator Cynthia Lummis (R-Wyo.) announced forthcoming legislation that would direct the Treasury to buy…
Back To School…Estate Planning? POAs For College Bound Kids
Every year when August arrives, many high school graduates and their parents turn their attention to the college bound chaos…
How To Survive An IRS Employment Tax Audit
In recent years, the IRS has devoted more resources to employment tax matters. In addition to standard non-reporting and non-payment…
