Latest articles by Kelley R. Taylor
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Capital Gains Tax Exclusion for Homeowners: What to Know
Tax Breaks The IRS capital gains home sale exclusion can be a valuable tax-saving tool if you are eligible.
Tax Breaks -
Is an Annuity Worth It? Tax Pros and Cons
Retirement Knowing how an annuity might impact your tax situation can be confusing. Here are some advantages and downsides to consider.
Retirement -
IRS Solar Tax Credit Payouts Soar as Scams Target Homeowners
Clean Energy Clean energy tax credits are paying off for many, but experts warn of increasing scams.
Clean Energy -
What's the 2024 Standard Deduction?
Tax Breaks Most people claim the standard deduction on their federal tax return instead of itemizing deductions. How much can you claim?
Tax Breaks -
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.
Social Security -
Capital Gains in Retirement: Managing RMDs, Taxes, Social Security and Medicare
Capital Gains Capital gains tax can significantly impact your funds and financial planning for retirement.
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Six New Tax Credits in Harris' Economic Plan: What to Know
Election 2024 Democratic nominee, Vice President Kamala Harris has proposed several tax breaks.
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Inherited an IRA? Five Things Every Beneficiary Should Know
Inherited IRA Inherited IRA distribution rules have changed in ways that can significantly impact your taxes and tax strategy.
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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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SALT Deduction: Three Things to Know Now Given the Election
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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Project 2025 Tax Overhaul Blueprint: What You Need to Know
Tax Proposals Some people wonder what Project 2025 is and what it suggests for taxes.
Tax Proposals -
Who Does the IRS Audit the Most?
Audits The IRS has a $400K audit directive problem. Here’s what you need to know.
Audits -
What’s Happening With Taxes on Overtime Pay?
Income Tax Donald Trump’s latest idea to eliminate overtime tax has ignited chatter.
Income Tax -
Colorado State Tax Guide
State Tax State tax rates and rules for income, sales, property, gas, cigarette, and other taxes that impact Colorado residents.
State Tax -
Kamala Harris Calls for 28% Capital Gains Tax, Diverging from Higher Biden Rate
Capital Gains Capital gains tax rates are an important issue for some voters in the upcoming November election.
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How the EV Tax Credit Works 2024
Tax Credits The EV federal tax credit of up to $7,500 can be complicated. Here's what you should know.
Tax Credits -
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 -
TaxAct Class Action Settlement: Claims Deadline Coming Soon
Tax Filing A multimillion-dollar settlement over alleged data privacy violations affects some TaxAct users.
Tax Filing -
EV Charger Tax Credit: What You Need to Know
Tax Credits The federal EV charger tax credit is back with a few key changes to know.
Tax Credits -
Social Security and Your Taxes: Five Things to Know
Social Security The Social Security COLA is just one aspect of your benefits that can impact your taxes.
Social Security -
Unrealized Gains Tax: One Important Thing to Know Now
Capital Gains Unrealized capital gains have taken center stage in election discussions about tax fairness and economic policy.
Capital Gains -
What is the Gift Tax Exclusion for 2024?
Gift Tax Knowing the annual gift tax exemption can save you time and money.
Gift Tax -
Kamala Harris Golf Tax and Unrealized Gains? What You Really Need to Know
Election 2024 There's a lot of social media talk about capital gains taxes and a golf tax. How much is real?
Election 2024 -
Biden Calls for Doubling Capital Gains Tax
The White House President Biden wanted to increase taxes to have the wealthy pay a “fairer” share. Will VP Kamala Harris follow?
The White House
