Latest articles by Kelley R. Taylor
-
Social Security and Your Taxes: Five Things to Know for 2025
Social Security The Social Security COLA is just one aspect of your benefits that can impact your taxes.
Social Security -
States Sending 'Stimulus' Checks in 2025
Rebate Checks Some people are receiving one-time state rebate checks. Is your state sending money?
Rebate Checks -
Cory Booker Highlights 2025 Tax Debate: ‘Are You Better Off Than You Were 71 Days Ago?’
Tax Policy A speech protesting Trump’s policies, including tax plans, breaks U.S. Senate records.
Tax Policy -
The IRS Is Sending Up to $1,400 to One Million People: Are You Eligible?
Tax Credits A million taxpayers overlooked valuable tax relief during the pandemic and could receive an automatic payment.
Tax Credits -
Taxpayer Revolt? Why More People Are Avoiding Filing Taxes This Year
Tax Season It may be tempting to skip filing due to the overwhelmed IRS, but doing so could have financial and legal consequences.
Tax Season -
April RMD? Five Tax Strategies to Manage Your 2025 Income
Taxable Income The April 1, 2025, deadline for required minimum distributions (RMDs) is fast approaching for retirees who turned 73 in 2024.
Taxable Income -
Powerball Jackpot Winner Will Get a Hefty Tax Bill
Lottery Taxes Whenever someone wins Powerball, the federal government gets a chunk of the prize from taxes.
Lottery Taxes -
States That Won’t Tax Your Powerball Winnings
Lottery Taxes Some states won’t take a tax bite out of your Powerball jackpot or Mega Millions payout.
Lottery Taxes -
Don't Miss the April 1 RMD Deadline: What You Need to Know
RMDs April Fool's Day is an important RMD deadline for some older adults and retirees.
RMDs -
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 -
GOP Eyes Taxes on Municipal Bond Interest: What You Need to Know
Tax Reform If the tax status of muni bonds changes, the impact on regular investors and state and local governments could be significant.
Tax Reform -
Six Tax Breaks That Get Better With Age
Tax Breaks Depending on your age, several tax credits, deductions, and amounts change — sometimes for the better.
Tax Breaks -
Are Scholarships Always Tax-Free? What You Need to Know
Education Scholarships are generally tax-free if certain IRS and other requirements are met.
Education -
State Tax Changes for 2025: Key Reforms and What They Mean for Your Finances
State Taxes It’s important to stay informed of state tax changes that can impact your budget.
State Taxes -
Will Trump's Education Dept. Order Hurt Scholarships and Key Tax Breaks?
Tax Breaks The Trump administration's efforts to abolish the Department of Education could impact tax policy, college affordability, and your wallet.
Tax Breaks -
SECURE 2.0 Act Summary: New Retirement Savings Changes to Know
Retirment Plans The SECURE 2.0 Act makes significant changes to retirement savings plans. Here's what you need to know.
Retirment Plans -
Maximizing Retirement: Seven Types of Tax-Free Income in 2025
Taxable Income Leveraging non-taxable income in retirement can help preserve your hard-earned money.
Taxable Income -
Who’s Named First on Your Income Tax Return?
Tax Returns A new study says the order of names on a joint income tax return can provide insights about the people filing.
Tax Returns -
Are 87,000 New IRS Agents Coming for Your Tax Dollars?
IRS Billions in funding for the IRS has some people worrying about IRS agents and audits.
IRS -
What Would a Government Shutdown Do to the IRS?
IRS With a government shutdown looming, some wonder how IRS operations will be affected.
IRS -
IRS Says File By April 15 for $1 Billion in Unclaimed Tax Refunds
Unclaimed tax refunds from 2021 are waiting for millions who might not know it.
-
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 -
The Social Security Fairness Act and Your Taxes: Are You Prepared?
Social Security To maximize Social Security Fairness Act benefits, retirees will have to minimize unexpected tax burdens.
Social Security -
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
