Taxes
Latest Taxes News
Cross-Border Tax Planning: A Comprehensive Guide
Cross-border tax planning involves structuring your finances to account for tax laws in more than one country. Whether you are…
De Minimis: 2025 Trump Changes and Effects on Consumer Costs
The term de minimis refers to a U.S. customs rule that exempts low-value imports—typically under $800—from tariffs. In 2025, the…
Who’s Entitled to the Tax Refund of a Deceased Person?
If the deceased was due to receive a tax refund, determining who is entitled to the money is a key…
What Is Trump’s Plan for Taxes on Overtime?
A Trump-backed tax plan currently advancing through Congress proposes significant changes to the federal taxation of overtime pay and tip…
Trump’s Tax Plan for Capital Gains Taxes
With the Tax Cuts and Jobs Act (TCJA) set to expire at the end of 2025, tax policy is once…
Trump Tax Plan: Stay-at-Home Mom Tax Credit
The new Trump tax plan could significantly reshape how families are taxed, especially with the Tax Cuts and Jobs Act…
Trump Tax Plan: Homeschool Tax Credit
The Trump-backed tax plan currently advancing through Congress could bring meaningful changes to how education expenses for homeschoolers are treated…
Trump Tax Plan: Will Social Security Taxes Get Cut?
President Donald Trump advocated for the elimination of federal income taxes on Social Security benefits during his 2024 campaign. However,…
How to File a Tax Extension in California: Eligibility Rules
California grants an automatic tax filing extension until October 15 for individual taxpayers, with no need to submit a formal…
Is There a Penalty for Filing a Tax Extension?
Filing an extension gives you an additional six months to submit your tax return, but not to pay your taxes.…
