Latest articles by Kelley R. Taylor
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SALT Cap Increase? What to Expect in 2025 Tax Reform
Tax Deductions Some lawmakers say it’s past time to increase the $10,000 cap on state and local tax deductions, and President Trump seems to agree.
Tax Deductions -
How the EV Tax Credit Works for 2025
Tax Credits The EV federal tax credit of up to $7,500 can be complicated. Here's what you should know.
Tax Credits -
EV Charger Tax Credit: What You Need to Know
Tax Credits The federal EV charger tax credit is back for now, with a few key changes to know.
Tax Credits -
Medicare Tax: Five Things Every Worker Needs to Know
Payroll Taxes It's important to know how Medicare tax works.
Payroll Taxes -
Required Minimum Distributions (RMDs): Rules, Deadlines, and Important Changes to Know
RMDs Here are some basics to know about RMDs and how these distributions can impact your taxes.
RMDs -
States With the Highest Powerball Taxes
Lottery Taxes These states will take the biggest tax bite out of your Powerball payout.
Lottery Taxes -
Massachusetts Tax Guide 2025
State Tax Explore Massachusetts' 2025 state tax rates for income, sales, property, retirement, and more. Learn how Massachusetts compares nationwide.
State Tax -
Trump IRS Shakeup and Billy Long: What's Next for Your Taxes?
IRS An unconventional nominee comes amid broader efforts to reshape the IRS and tax policy in 2025.
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Trump's ‘One Big, Beautiful Bill’ With Trillions in Tax Cuts: House Vote
Tax Policy Is it possible to combine taxes, border security, and energy policy into a single piece of legislation to be passed by Independence Day?
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Michigan Tax Guide 2025
State Tax Explore Michigan's 2025 state tax rates for income, sales, property, retirement, and more. Learn how Michigan compares nationwide.
State Tax -
Georgia Tax Guide 2025
State Tax Explore Georgia's 2025 state tax rates for income, sales, property, retirement, and more. Learn how Georgia compares nationwide.
State Tax -
Want to Lease an EV? The Tax Credit 'Loophole' for That Could Go Away Soon
Tax Credits If you are deciding whether to lease or buy a car, here's what you need to know about the EV lease tax credit.
Tax Credits -
Missouri Leads Capital Gains Tax Repeal: Will Your State Follow?
State Tax As one state becomes a test case, policymakers and taxpayers across the U.S. will be watching closely to see what happens next.
State Tax -
New Overtime Tax Deduction Proposed for Millions Working Extra Hours
Tax Law Some lawmakers and President Trump want to offer overtime tax relief. But will a tax deduction or an exemption help you most?
Tax Law -
Big Tax Deduction Increase Proposed for Those Over Age 65
Tax Deductions A new bipartisan bill and a tax plan from the House GOP could mean bigger retirement tax savings to offset taxes on Social Security and high prices.
Tax Deductions -
Is the EV Tax Credit Going Away Under Trump? What You Need to Know
Tax Credits There's a lot of chatter about President Trump's plans to eliminate the electric vehicle tax credit. Here's what's happening.
Tax Credits -
What’s Happening With Taxes on Overtime Pay?
Income Tax Donald Trump’s proposal to eliminate overtime tax has ignited chatter.
Income Tax -
SALT Deduction: Three Things to Know for 2025
Tax Deductions Changes to the state and local tax deduction and the looming TCJA expiration have brought this tax break into the spotlight.
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The Standard Deduction: What You Need to Know for 2025
Tax Breaks Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?
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What’s Happening With Trump Tariffs? New Rates and Trade Talks
Tariffs Donald Trump continues to use tariffs as a central tool of his trade policy. Here’s where tariffs stand now.
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2025 Tax Reform: Are Trump and the GOP Actually Planning to Raise Taxes?
Tax Reform As high-stakes tax reform talks resume on Capitol Hill, questions are swirling about what and President Trump and the GOP will do.
Tax Reform -
Will Trump’s 100% Movie Tariff Double Your Ticket Prices? What to Know
Tariffs Trump’s proposed 100% tariff on foreign films threatens global productions and your wallet.
Tariffs -
New HSA Contribution Limits Are Set for 2026: What to Know Now
Health Savings The IRS says Health Savings Account contribution limits will increase again next year due to inflation.
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Pink Tax: What Does Price Discrimination Cost Women?
Sales Tax The 'pink tax' is a form of price discrimination banned in many states that still costs women millions each year.
Sales Tax
