Latest articles by Kelley R. Taylor
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Trump Tariffs Update: SCOTUS, New Levies and What's Ahead
Tariffs Donald Trump continues to use tariffs as a central tool of his trade policy. Here’s where his tariffs stand now.
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Tax Benefits of Hiring Your Kids Plus IRS Rules to Follow
Tax Breaks Hiring your child can potentially lower your tax bill and help kids develop skills, but there are some rules you need to know — and follow.
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Do You Stop Paying Taxes on Social Security at a Certain Age?
Social Security There’s some confusion over whether you can escape taxes on Social Security benefits based on age.
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Social Security Tax Limit Rises Again: Who Pays More in 2026?
Payroll Taxes The Social Security Administration has announced significant changes affecting millions as we approach a new year.
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Trump’s 2025 Tax Bill: What’s Changing and How It Affects Your Taxes
Tax Law From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax changes in Trump's so called "big beautiful bill."
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SALT Deduction 2025 Changes: Three Key Things to Know Now
Tax Deductions Changes to the state and local tax (SALT) deduction in the so-called 'big beautiful bill' have put this tax break in the spotlight.
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How the IRS Taxes Retirement Income
Retirement Taxes It's important to know how common sources of retirement income are taxed.
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2025 Virginia Tax Rebate Checks Are Arriving: What to Know
Tax Rebates Given a historic 2025 gubernatorial race, tax policy will remain a key issue for Virginians, while the current governor announces rebates.
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What is the Gift Tax Exclusion for 2025 and 2026?
Gift Tax Knowing the annual gift tax exemption can save you time and money.
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Capital Gains Tax Rates 2025 and 2026: What You Need to Know
Capital Gains Tax Navigating capital gains tax can be complex, but knowing the applicable tax rates and thresholds can help you plan your investments.
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IRS Updates 2026 Tax Deduction for People Age 65 and Older
Tax Changes Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts to know for 2026.
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When Are Estimated Tax Payments Due for 2025?
Tax Deadlines You make quarterly estimated tax payments to the IRS if you are self-employed or don’t have taxes withheld from your income for other reasons.
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New 2026 Income Tax Brackets Are Set: Will Your Rate Change?
Income Tax The IRS has adjusted federal income tax bracket ranges for the 2026 tax year to account for inflation. Here's what you need to know.
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Another IRS 1099-K Threshold Change to Know for Your 2025 Taxes
Tax Law After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds have changed since last year.
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How to Calculate Taxes on Social Security Benefits
Social Security The federal government can tax up to 85% of your Social Security benefits, so it's good to know how those taxes are calculated.
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What's the Standard Deduction for 2025? Key Changes and Updated Amounts
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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2025-2026 Tax Brackets and Federal Income Tax Rates
Income Tax Knowing your federal tax bracket is essential, as it determines your marginal income tax rate for the year.
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The Extra Standard Deduction for People Age 65 and Older
Tax Deductions The extra standard deduction can help older adults reduce their taxable income.
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IRS 1099-K Threshold for 2025 Taxes Just Changed: What to Know Now
Tax Law After years of uncertainty and changing requirements, the 1099-K reporting rules for 2025 are now set, and the thresholds have changed since last year.
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IRS Names Its First CEO: But He’s Also Still Running Social Security
Tax News Will this new role make it difficult to address emerging issues like budget and staffing cuts and customer service concerns?
Tax News -
Health Insurance Tax Credits and the Government Shutdown: What to Know
Tax Credits Previous shutdowns have occurred for various reasons, including border wall funding. But this time, the standoff centers in part on health care and taxes.
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New Tax Rules: Income the IRS Won’t Touch in 2025
Income Taxes From financial gifts to Roth withdrawal rules, here’s what income stays tax-free under the new Trump 2025 tax bill, and some information on what’s changed.
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Supreme Court Takes on Trump Tariffs: Three Things to Know Now
Tax Law The outcome of this legal battle about tariffs will hit your wallet in one way or another.
Tax Law -
What Will the Government Shutdown Do to the IRS?
IRS With a government shutdown looming, some wonder how IRS operations will be affected.
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