Taxes

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Latest Taxes News

Can Republicans Get It Right On Taxes If They Win In 2024?

Most of the successful Trump tax cuts enacted in 2017 expire in 2025. But some Republicans are making noises that…

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Governments Must Regain Voter Trust With New Economic Policies

Daily reporting on election campaigns (who’s up or down in polls, what did a candidate say today), is obscuring an…

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IRS Direct File Expands To All 50 States For 2025

The U.S. Department of the Treasury has announced the pilot Direct File program will be a permanent free filing option…

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IRS Says Direct File Will Be A Permanent, Free Tax Filing Option In All 50 States

Direct File will be a permanent, free tax filing option—that's the word from the U.S. Department of the Treasury and…

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California Capital Gain Tax Is 13.3%, Biden Has Proposed 44.6%

California taxes are a common complaint in the Golden State, and legislators like to consider increases. For a decade, the…

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Global Tax Chiefs Issue Crypto Assets Risk Indicators For Financial Institutions

The Joint Chiefs of Global Tax Enforcement (J5) have issued a warning to financial institutions with risk indicators that may…

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What To Know About Reverse Mortgages—From Taxes To Impact On Benefits

It feels like everything costs more these days—and some homeowners are looking for ways to increase cash flow without invading…

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Lessons For Partnership Tax From Trump’s IRS Audit

Monte Jackel of Jackel Tax Law discusses partnership taxation rules and the role they play in former President Trump’s ongoing…

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Illinois Eyeing Sports Wagering Tax Up To 40%

The Illinois General Assembly has passed an amendment to a bill which, if made law, will apply a progressive rate…

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Trump’s Attacks On Cities Will Hurt America’s Economy

As the presidential campaign heats up, Donald Trump is recycling a standby of his previous campaigns—attacking American cities as crime-ridden…

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