Taxes

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Latest Taxes News

E.U. Top Court Rules That Apple Must Pay Billions In Back Taxes

The European Union's top court has issued a final ruling in an ongoing legal battle over tax benefits, finding that…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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