Latest articles by Kelley R. Taylor
-
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.
RMDs -
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.
401(k) Contributions -
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 -
How Does Being a Veteran Affect Your Taxes?
Veterans Veterans may be eligible for certain federal and state tax benefits.
Veterans -
How Inflation Can Impact Your Taxes
Inflation The impact of inflation on federal income tax brackets and some other tax credits might not be all bad.
Inflation -
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.
Tax Deadline -
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 -
Social Media, Guns, Taxes, Abortion: New Supreme Court Cases You Need to Know
Supreme Court The U.S. Supreme Court will hear several cases this fall that could significantly impact your rights and wealth. Here are a few of them to watch.
Supreme Court -
Taylor Swift's 'Eras Tour' and a New Tax Rule? What To Know
Online Selling Forget about Taylor Swift and Travis Kelce dating. What do 'Eras Tour' tickets have to do with your taxes?
Online Selling -
IRS Promises Fewer Audits of Earned Income Tax Credit Claims
IRS Audits After years of auditing some taxpayers with lower incomes at higher rates, the IRS says it’s making a change.
IRS Audits -
Another New IRS Georgia Tax Deadline: What You Need to Know
Tax Deadlines Georgia has been granted several IRS tax deadline extensions — which date applies to you?
Tax Deadlines -
New Virginia Budget Features Tax Rebates and Tax-Free Weekend
State Tax Gov. Youngkin signed a Virginia budget deal that includes tax rebates and revives a popular sales tax holiday.
State Tax -
Places With More Time To Pay Estimated Taxes
Tax Deadlines Estimated tax payments are due soon — April 15 in most cases. But many people have more time to pay the IRS due to natural disasters. Are you one of them?
Tax Deadlines -
Unrealized Gains Supreme Court Case Could Change Wealth Taxes
Supreme Court In a landmark case, the U.S. Supreme Court decides whether a mandatory tax on unrealized gains violates the Constitution.
Supreme Court
