Latest articles by Kelley R. Taylor
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States That Won’t Tax Your Powerball Winnings in 2025
Lottery Taxes Some states won’t take a tax bite out of your Powerball jackpot or Mega Millions payout.
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Is the ‘Pumpkin Spice Tax’ Coming for Your Fall Coffee Budget?
Food Taxes Inflation pressures, tariffs, and talk of the so-called 'pumpkin spice tax' have some wondering about rising coffee prices.
Food Taxes -
Social Security 2025: The Outdated Tax Rules Costing Retirees Money
Retirement Taxes Could the Social Security 90th anniversary be a good time to revisit old tax thresholds?
Retirement Taxes -
Colorado Tax Guide 2025
State Tax Explore Colorado's 2025 state tax rates for income, sales, property, retirement, and more. Learn how Colorado compares nationwide.
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What Would a Government Shutdown Do to the IRS?
IRS With a government shutdown looming, some wonder how IRS operations will be affected.
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Trump IRS Commissioner Billy Long Out: What's Next for the Tax Agency?
IRS An unconventional commissioner came and went amid broader efforts to reshape the IRS and tax policy in 2025.
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Another State Eliminates Capital Gains Tax in 2025: What’s Next?
Capital Gains Could a major tax shift in one state be an example for other states to follow?
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Connecticut Tax-Free Week 2025: What to Know Before You Shop
Sales Tax Connecticut’s week-long sales tax holiday is on the way. Here’s what you can buy tax-free.
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Retirees Should Watch These Four Key Tax Changes in 2025
Tax Changes This year brings key tax changes that could affect your retirement taxes and income.
Tax Changes -
States Sending 'Stimulus' Checks in 2025
Rebate Checks Some people are receiving one-time state rebate checks. Is your state sending money?
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Virginia Tax-Free Weekend 2025 Is Here August 1–3: What to Know
Sales Tax Three days, no sales tax. Here’s what qualifies for Virginia’s tax-free weekend.
Sales Tax -
Virginia Sales Tax Holiday 2025
Sales Tax Three days, no sales tax. Here’s what qualifies for Virginia’s tax-free weekend.
Sales Tax -
Tariff Stimulus Checks Coming? New Proposal Seeks Tax Rebates for US Workers
Tax Breaks A new GOP bill proposes to send $600 in tariff rebate checks to eligible taxpayers. Is there a catch?
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What’s Happening With Trump Tariffs? New Deals and Rates to Know
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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Trump Calls for Cane Sugar Coke: Will You Pay Higher Prices and Soda Tax?
Food Taxes The debate over cane sugar vs. corn syrup is heating up, raising questions about cost, policy, and, in some cases, soda taxes.
Food Taxes -
No Capital Gains Tax on Home Sales Coming Soon? What You Need to Know
Tax Policy Capital gains taxes are back in the spotlight. This time, the chatter on Capitol Hill has to do with rising home prices.
Tax Policy -
New GOP Car Loan Tax Deduction: Which Vehicles and Buyers Qualify
Tax Breaks Trump and the GOP are now offering a tax deduction for auto loan interest. How will it work?
Tax Breaks -
Social Security Tax Limit for 2025: What the Higher Cap Means for Your Paycheck
Social Security Wealthier taxpayers will have more Social Security tax taken from their paychecks this year.
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Lower Your Retirement Taxes: Seven Common RMD Mistakes to Avoid
Retirement RMD mistakes can lead to IRS tax penalties and in some cases, more taxable income than necessary.
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Want to Lease an EV? The Tax Credit 'Loophole' for That Is Going Away Soon
Tax Credits If you are deciding whether to lease or buy an electric vehicle, here is what you need to know about how the EV lease tax credit works now that it will be eliminated under Trump's new tax law.
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New Florida Sales Tax Holiday Changes for 2025: What to Know Now
Tax Relief As inflation continues to squeeze household budgets, Florida lawmakers are offering shoppers some sales tax relief.
Tax Relief -
Trump Targets Student Loan Forgiveness: Here’s How Taxes and Repayment Could Soon Change
Student Loans The so-called One Big Beautiful Bill and the Trump administration’s executive action are making the future of student loan forgiveness and its tax consequences uncertain.
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New Cap on Gambling Loss Deductions Begins Soon: What to Know Now
Tax Changes A gambling losses tax deduction cap in Trump’s “big beautiful bill” is causing an uproar. Here’s what you need to know.
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What is the Gift Tax Exclusion for 2025?
Gift Tax Knowing the annual gift tax exemption can save you time and money.
Gift Tax
