Latest articles by Kelley R. Taylor
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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.
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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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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.
Health Savings -
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 -
New SECURE 2.0 Super 401(k) Catch-Up Contribution for Ages 60-63
Retirement Savings SECURE 2.0 changes will allow older workers to increase their retirement savings. Here's what you need to know.
Retirement Savings -
Here's How Trump's Harvard Tax Status Threat Could Impact You
Tax Law Trump's latest higher education showdown raises fundamental questions that could reach beyond Harvard's nonprofit tax status.
Tax Law -
Retirees: Don’t Miss These Valuable State Tax Breaks in 2025
Retirement Planning Selecting the right state for retirement can significantly impact your financial well-being.
Retirement Planning -
2024 and 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.
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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 -
How to Calculate Taxes on Social Security Benefits in 2025
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.
Social Security -
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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Tax Season 2025: Updates, News, Tax Filing Tips and Strategies
Tax Blog
Tax Blog -
The Inflation Reduction Act and Your Taxes: What to Know for 2025
Tax Law The Inflation Reduction Act increased IRS funding, changed tax policy, and offered new and expanded tax credits.
Tax Law -
Capital Gains Tax Rates 2025: 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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Which Generation Pays the Most Taxes in the US?
Tax Burden Polls show that most people feel like taxes are unfair. But which age group bears the brunt of the tax burden in the United States?
Tax Burden -
Tax Day: Is the Post Office Open Late on April 15? What to Know for 2025
Tax Filing Tax Day means some people need to mail their federal income tax returns.
Tax Filing -
Are No Income Tax States Better to Live In?
State Taxes There are many factors and types of taxes to consider no matter where you live or move to.
State Taxes -
Are You Ready to Pay More Taxes to Save Social Security?
Social Security Across party lines, many believe saving Social Security trumps other financial considerations.
Social Security
