Taxes
Latest Taxes News
How Capital Gains Tax on Home Sales Works
If you sell your home for a profit, the IRS considers this a taxable capital gain. This rule applies to…
Artificial Intelligence And The U.N.’s Global Tax Reform
Robert Goulder of Tax Notes and Lyla Latif of Warwick Law School discuss the importance of considering artificial intelligence as…
California Is Taxing Nonresidents, Here’s How To Avoid An Audit
If you live or do business in California, state taxes are a significant part of the overall taxes you pay.…
Federal Taxes Are Set To Skyrocket
S Corporation shareholders and partners in a partnership could see their effective federal income tax rate increase by 30% by…
Reasons Why Content Creators Should Form An S Corp
In the last four years, content creation has undergone significant changes, with platforms such as Twitch, OnlyFans, Youtube, Instagram, and…
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…
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…
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…
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…
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…
