Taxes
Latest Taxes News
Foreign Spouse? Vexing U.S. Tax Issues For The American Half
Earlier, I wrote an article examining some of the U.S. gift and estate tax issues that arise when one spouse…
Scammers And Fraudsters And Leakers, Oh My!
This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up to get Tax Breaks in…
Can Short-Term Capital Losses Offset Long-Term Capital Gains?
2024 Long-Term Capital Gains Tax Rates RateSingleMarried Filing JointlyMarried Filing SeparatelyHead of Household0%$0 – $47,025$0 – $94,050$0 – $47,025$0 –…
Why California’s 40-Cent Gas Tax Increase May Need To Be $4 Instead
California is poised to make a significant change to its gas tax policy — potentially raising the price of diesel…
IRS Issues Warnings On Tax Scams Driven By Bad Advice Often Found On Social Media
The IRS is warning taxpayers about a series of tax scams and inaccurate social media advice that led thousands of…
Are Health Insurance Premiums Tax Deductible When You Retire?
Health insurance premiums can be tax deductible when you retire, but it depends on several factors such as your age,…
California Is Not Actually A High-Tax State According To New Study
Depending on where you fall on the income scale, California may not actually be that high tax of a state.…
Are Billionaire Taxes Falling? That Depends On Who You Think Pays Corporate Taxes
In a recent New York Times New York Times column (paywall), Berkeley economist Gabriel Zucman calculated that the highest-income Americans…
Social Security Administration Announces Most Popular Baby Names Of 2023
Once again, the most popular names for babies born in the United States are Liam and Olivia. The rankings are…
IRS Offers Update On Contractor Data Leak, Touts New Taxpayer Protections
"To begin with, it should be stressed that this incident was unacceptable. Any improper access or disclosure of confidential taxpayer…
