Latest articles by Kelley R. Taylor
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What’s Happening With Taxes on Overtime Pay?
Income Tax Donald Trump’s proposal to eliminate overtime tax has ignited chatter.
Income Tax -
New 'No Tax on Tips' Bill Approved for 2025: What to Know Now
Income Taxes Will you stop paying taxes on your tip income this year?
Income Taxes -
Elon Musk and Most Taxpayers Don't Like What's in Trump's 'Big Beautiful Bill'
Tax Policy President Trump is betting big on his newest tax cuts, signed into law on July 4. But not everyone is on board.
Tax Policy -
2025 Tax Deduction Change for Those Over Age 65
Tax Changes Adjustments to the extra standard deduction can impact the tax bills of millions of older adults.
Tax Changes -
Nevada Tax Guide 2025
State Tax Explore Nevada's 2025 state tax rates for income, sales, property, retirement, and more. Learn how Nevada compares nationwide.
State Tax -
Virginia Tax Guide 2025
State Tax Explore Virginia's 2025 state tax rates for income, sales, property, retirement, and more. Learn how Virginia compares nationwide.
State Tax -
The Extra Standard Deduction for People Age 65 and Older
Tax Deductions The extra standard deduction can help older adults reduce their taxable income.
Tax Deductions -
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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Mississippi Tax Guide 2025
State Tax Explore Mississippi's 2025 state tax rates for income, sales, property, retirement, and more. Learn how Mississippi compares nationwide.
State Tax -
No Social Security Tax Changes in Trump’s 'Big Bill'? What Retirees Need to Know
Tax Policy Eliminating taxes on Social Security benefits is missing from President Trump’s tax overhaul. Here’s why and what an alternative offering could mean for retirement taxes.
Tax Policy -
How the IRS Taxes Retirement Income
Retirement Taxes It's important to know how common sources of retirement income are taxed.
Retirement Taxes -
South Dakota Tax Guide 2025
State Tax Explore South Dakota's 2025 state tax rates for income, sales, property, retirement, and more. Learn how South Dakota compares nationwide.
State Tax -
The NBA Finals and the 'Jock Tax'? What You Need to Know
State Tax The NBA Finals, and other sporting events, are connected to taxes in a significant way.
State Tax -
Five Surprising GOP Senate Bill Tax Changes to Know
Tax Policy Senate Republicans proposed tax changes for Trump’s ‘one big, beautiful bill.” Some provisions have stirred debate.
Tax Policy -
Trump IRS Shakeup and New Commissioner Billy Long: What's Next?
IRS An unconventional Commissioner comes amid broader efforts to reshape the IRS and tax policy in 2025.
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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.
Tax Deductions -
$6,000 'Bonus' Tax Deduction Approved for Those Age 65 and Older
Tax Reform Trump’s ‘big bill’ contains a larger 2025 bonus tax deduction for older adults. How will it work?
Tax Reform -
2025 Virginia Tax Rebate Checks Coming Soon? What to Know Now
Tax Rebates Given a historic 2025 gubernatorial race, tax policy will remain a key issue for Virginians in the months ahead.
Tax Rebates -
Washington State Tax Guide 2025
State Tax Washington State tax rates and rules for income, sales, property, gas, cigarette, and other taxes that impact residents.
State Tax -
Indiana Tax Guide 2025
State Tax Indiana state tax rates and rules for income, sales, property, gas, cigarette, and other taxes that impact residents.
State Tax -
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.
Tax Breaks -
Inherited an IRA? Five Rules Every Beneficiary Should Know for 2025
Inherited IRA Inherited IRA distribution rules have changed in ways that can significantly impact your taxes and tax strategy.
Inherited IRA -
When Are Estimated Tax Payments Due in 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.
Tax Deadlines -
The Wash Sale Rule: Six Things to Know to Avoid Tax Pitfalls
Investing The wash sale rule is important when you are selling and rebuying stocks to offset losses.
Investing
