Taxes

Ad image

Latest Taxes News

Hyper-Targeted Tax Breaks Are A Troubling Campaign Trend

Both Donald Trump and Kamala Harris are promoting a troubling idea: Hyper-targeting tax subsidies to narrowly favored activities or occupations.…

NGEC NGEC

Kamala Harris’ 28% Capital Gains Tax Plan Is A Surprise. Here’s Why

Vice President Kamala Harris has proposed a 28% tax on long-term capital gains for Americans who earn $1 million or…

NGEC NGEC

Guide to Capital Gains Taxes on Commercial Properties

Capital gains tax on commercial property can vary depending on factors like the length of ownership and the taxpayer’s income…

NGEC NGEC

Kamala Harris Supports Tax on Unrealized Capital Gains: What It Means for Wealthy Households

The Kamala Harris campaign has made one of its first concrete policy proposals this week with a tax plan. The…

NGEC NGEC

Michigan Supreme Court Rules In Favor Of Homeowners In Years-Old Foreclosure Fight

In 2014, then-83-year-old Uri Rafaeli, a retired engineer in Michigan, underpaid his property taxes by $8.41. That was all it…

NGEC NGEC

Trump Calls For Eliminating The Income Tax On Social Security Payments

When Donald Trump broached the idea of getting rid of federal income taxes on Social Security payments, critics immediately dumped…

NGEC NGEC

Essential Businesses Bear The Brunt Of ERC Denials, Tax Pros Say.

The Employee Retention Credit (ERC) – sometimes called the Employee Retention Tax Credit or ERTC – is a refundable tax…

NGEC NGEC

States With Tax Breaks for Renters: Do You Qualify?

“Tax breaks for renters are different from homeowners,” said Aaron Cirksena, CEO and Founder of MDRN Capital. “To qualify, renters need…

NGEC NGEC

Can Employers Recover Their Attorneys’ Fees In ERC Refund Litigation?

In a recent news release, the IRS announced that it intends to deny “tens of thousands” of ERC refund claims…

NGEC NGEC

The FATCA Wars: Jenny’s Day In Court

In the latest In the Pages video, Filippo Noseda, legal counsel for U.K. citizen Jenny Webster, and Robert Goulder discuss…

NGEC NGEC