Latest articles by Kelley R. Taylor
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Massachusetts Millionaire's Tax Funds Free K-12 School Lunches
State Tax A Massachusetts ‘millionaire’s tax’ passed last year is already paying off — for K-12 public school students.
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New Roth 401(k) Contributions Rule Delayed by IRS: What To Know
Retirement Taxes The IRS is offering relief on new 401(k) catch-up contribution rules for certain high earners. Here’s what it means for you.
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Are Capital Gains Taxes Headed to the Supreme Court?
Capital Gains Tax A conservative think tank wants the U.S. Supreme Court to weigh in on a controversial state capital gains tax.
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Are You Mistakenly Dead to the IRS?
IRS A recent report says the IRS placed 'deceased locks' on accounts of more than 90,000 taxpayers who weren’t dead.
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Problems With Claiming the Employee Retention Credit (ERC)
Tax Credits A tax preparer arrested for $124 million in alleged fake employee retention tax credit claims highlights IRS concerns about the ERC.
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New State Tax Changes You Need to Know
State Tax States have been busy enacting new tax rules and rates that can affect your income and what you’ll pay for groceries, gas, and property.
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New Bill Would End California Military Pension Tax
Pension Taxes California fully taxes military retirement pay but a new bill would change that to provide tax relief to military retirees.
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What Happened to the Virginia Tax-Free Weekend for 2023
Tax Holiday For the first time in years, Virginia shoppers didn't have a back-to-school sales tax holiday in August.
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Why the IRS Shouldn't Be Knocking at Your Door
IRS The IRS is changing a longstanding practice that involved collecting tax debts through tens of thousands of unannounced home visits.
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States Where You’ll Pay Less Income Tax in 2023
Income Tax Many states have lowered personal income tax rates for this year. Do you live in one?
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Boston Offers Tax Breaks to Convert Offices to Housing
State Tax Can tax incentives boost affordable housing and foot traffic in Boston?
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Who’s Named First on Your Income Tax Return?
Tax Returns A new study says the order of names on a joint income tax return can provide insights about the people filing.
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South Dakota State Tax Guide
State Tax State tax rates and rules for income, sales, property, fuel, cigarette, and other taxes that impact South Dakota residents.
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PGA Tour LIV Golf Alliance Sparks Tax Debate, Government Probes
Tax Exempt Status The planned 'merger' between the PGA Tour and Saudi-backed LIV Golf has raised tax concerns in Congress and prompted government investigations.
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Warning: Watch Out for New IRS Refund Mail Scam
Tax Scams If you receive a cardboard envelope appearing to be from the IRS about an unclaimed tax refund, be cautious. It’s a new scam.
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July Gas Tax Increase for California, Maryland, and Other States
Gas Tax Gas taxes increased in several states as of July 1. Do you live in or plan to travel to one of them?
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Californians Received Another IRS Tax Deadline Letter
Tax Deadlines Millions of California residents impacted by severe weather got a new mailing last year from the IRS about when their taxes are due.
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Is 'Rise of the Pink Ladies' Gone for a Tax-Write Off? Beyond Taxing
Beyond Taxing Column Are canceled shows being removed from streaming platforms like Disney and Paramount+ because of tax write-offs? Some viewers are asking.
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Seattle Weighs Another Washington Capital Gains Tax
State Tax A capital gains tax in Seattle could gain support. Meanwhile, gas prices in Washington state recently rose above California's gas prices.
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What Is the Bonus 'Guaranteed' Standard Deduction?
Legislation A proposed Republican tax cut package contains a 'bonus' of up to $4,000 for the current standard deduction. Could it help?
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Reminder: Estimated Tax Payments Are Due Soon
Tax Deadlines Here’s what you need to know about paying quarterly estimated taxes and avoiding penalties.
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House Republican $237B Tax Cut Package Revealed
Legislation With a debt ceiling agreement in place, Republicans are proposing billions in tax cuts along with other key tax changes.
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IRS Tax Balance Due Notices Confuse California Taxpayers
Tax Deadlines IRS ‘balance due’ mailings were sent to Californians who don’t have to pay their taxes yet.
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Colorado EV Tax Credit Rises to $5,000
State Tax Breaks Colorado offers a big tax break soon for resident taxpayers who buy electric cars and trucks.
State Tax Breaks
