Latest articles by Kelley R. Taylor
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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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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?
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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.
Social Security -
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.
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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 -
Should You Withhold Tax From Social Security Benefits?
Social Security Having taxes withheld from Social Security benefits can help retirees avoid a surprise when tax season arrives.
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Five Summer Activities That Can Change Your Taxes for 2025
Tax Planning Certain summertime activities might help lower your taxable income.
Tax Planning -
Trump's ‘One Big, Beautiful Bill’ With Trillions in Tax Cuts: What to Know
Tax Law & Policy The GOP combined taxes, border security and energy policy into massive legislation enacted on July 4th. What's in it?
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Capital Gains Tax Exclusion for Homeowners: What to Know for 2025
Tax Breaks The IRS capital gains home sale exclusion can be a valuable tax-saving tool if you're eligible.
Tax Breaks -
Amazon Prime Day Deals? Sales Tax and Tariffs Can Increase Your Total Price
Sales Tax Amazon Prime Day 2025 can offer some opportunities to save, but this year, taxes and tariffs matter.
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Types of Income the IRS Doesn't Tax: What to Know for 2025
Income Tax It might feel as if the IRS taxes most of your hard-earned money, but some types of income are nontaxable.
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2025 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.
Income Tax -
EV Charger Tax Credit for 2025? What You Need to Know
Tax Credits The federal EV charger tax credit for electric vehicle charging stations and equipment is going away sooner than expected.
Tax Credits -
A Little-Known Tax-Free Way To Help Pay Your Student Loan
Student Debt Employers can provide valuable assistance with employee student loan repayments.
Student Debt -
SALT Deduction 2025: Three Things to Know Now
Tax Deductions Changes to the state and local tax (SALT) deduction in the so-called 'One Big Beautiful Bill' have this tax break in the spotlight.
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What's the Standard Deduction for 2025? Changes You Need to Know
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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Social Security Email About 'Big Beautiful Bill' Tax Changes Sparks Confusion
Tax Changes Here’s what’s really happening with taxes on Social Security benefits under Trump’s new tax plan.
Tax Changes
