Latest articles by Kelley R. Taylor
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FTC: Intuit TurboTax Free Filing Ads Are Deceptive
Tax Filing The FTC says free tax filing ads for Intuit TurboTax are misleading taxpayers.
Tax Filing -
Families and Businesses Would Get Big Tax Breaks in Bipartisan Tax Deal
Tax Changes A new bipartisan tax deal could change the child tax credit, R&D expensing, and the employee retention tax credit.
Tax Changes -
Will a Supreme Court Case About Fishing Water Down the IRS?
Supreme Court The U.S. Supreme Court just decided a case about Chevron deference that has implications far beyond the fishing industry.
Supreme Court -
The EV Tax Credit Changed Again New Year’s Day: What to Know
Tax Credits The federal tax credit for electric vehicles has changed again for 2024. Here’s what you need to know if you want to buy an EV.
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New Florida Tax-Free Holiday: What to Know
Sales Tax Starting New Year's Day, Floridians can enjoy a second back-to-school sales tax holiday.
Sales Tax -
A Few Year-End Tax Moves to Make by New Year’s Eve
Tax Planning Before you ring in the new year, consider some year-end tax strategies that can reduce your tax liability.
Tax Planning -
IRS Won’t Process New Employee Retention Tax Credit (ERTC) Claims
Tax Credits Due to an alarming amount of fraud, the IRS stopped processing new ERC tax credit claims.
Tax Credits -
Is the IRS Waiving Your Back Tax Penalties?
Tax Relief The IRS is waiving penalties for nearly $1 billion in back taxes owed during the pandemic. Are you eligible?
Tax Relief -
529 Plan Contribution Deadlines
529 Plans Many states have year-end deadlines for making 529 college savings plan contributions.
529 Plans -
How to Earn Tax-Free Rental Income — Legally
Income Tax An IRS rule can sometimes be used (but not abused) to claim tax-free rental income on your home.
Income Tax -
Will SCOTUS Uphold Wealth Taxes?
Supreme Court The U.S. Supreme Court heard arguments in a case that some say could upend the U.S. tax code.
Supreme Court -
One Key Rule for Understanding 2023 RMDs
RMDs Required minimum distribution (RMD) rules can be confusing, but there is a guideline that can help.
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2023 401(k) Contribution Deadline
401(k) Contributions Year-end is the deadline for making max 401(k) contributions that can increase your savings for retirement and help lower your tax bill.
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Another IRS 1099-K Tax Change for Online Sellers
Selling Online Just in time for the holidays, the IRS is delaying a significant tax 1099-K reporting requirement for 2023.
Selling Online -
Living Abroad for a While? Shakira Case Shows Taxes Matter — Wherever
Tax Residency Colombian pop star Shakira's tax fraud case in Spain shows how living in another country can affect your tax bill.
Tax Residency -
IRS Releases Income Tax Brackets for 2024
Income Tax The IRS has adjusted federal income tax bracket ranges for the 2024 tax year to account for inflation.
Income Tax -
Virginia Is Sending 2023 Tax Rebate Checks: What You Need To Know
State Tax Eligible Virginians can look forward to a new 2023 tax rebate of up to $400. Do you qualify?
State Tax -
Controversial Capital Gains Tax Upheld in Washington
Capital Gains The state’s historic long term capital gains tax is projected to bring in $1 billion over the next two years.
Capital Gains -
New Arizona Families Tax Rebate Up to $750
Tax Rebates More than 740,000 Arizona families will soon receive one-time tax rebates.
Tax Rebates -
Virginia Sales Tax Holiday Weekend
Sales Tax A new budget deal in Virginia meant the return of a popular sales tax holiday.
Sales Tax -
Will an IRS Tax Prep Service Replace H&R Block or TurboTax?
Tax Filing IRS Direct File has some wondering if people will leave H&R Block and TurboTax and let the IRS do their taxes.
Tax Filing -
California Taxes Were Due But There’s a New Deadline Extension
Tax Deadlines Californians have a last-minute tax deadline extension due to a new IRS announcement.
Tax Deadlines -
IRS Gives California a Last-Minute Tax Deadline Extension
Tax Deadline As of today, Californians have another tax deadline extension from the IRS — this time until November.
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Here's How to Get Your 'Tampon Tax Back' Refund
Sales Tax A coalition of menstrual product brands offers sales tax refunds on period products. Here’s how to get yours.
Sales Tax
