Latest articles by Kelley R. Taylor
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California Supreme Court Won't Let Voters Decide Tax Hikes
State Tax A controversial ballot initiative would have restricted future taxes and tax hikes in the Golden State.
State Tax -
Unrealized Gains Tax Survives U.S. Supreme Court
Wealth Taxes The Supreme Court’s ruling in Moore v. U.S. considers how wealth is taxed in the United States.
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Three IRS Tax Deadlines for June 17, 2024
Tax Deadlines There are some important June IRS tax deadlines you shouldn’t overlook.
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2025 HSA Contribution Limit Rises Again
Health Savings Contribution limits matter when it comes to maximizing your tax-advantaged health savings account.
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'Instant' EV Tax Credits Are a Hit: $1 Billion Paid This Year
EV Credits Claiming federal electric vehicle tax credits at the point of sale is a new and popular option in 2024.
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New Colorado Tax Credit Offers Two Years Free College: What to Know
Tax Credits Thanks to a new tax credit, some Coloradans will soon have access to two years of free college tuition.
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What's Happening With Biden Student Loan Forgiveness?
Student Loans The Biden administration has cancelled billions in student loan debt through various programs and initiatives.
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Biden IRS: Direct File Will Be Permanent, Competing With TurboTax, H&R Block
Tax Filing The IRS says it will bring Direct File back next tax season.
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Is a New ‘Meals Tax’ Coming to Virginia?
Food Tax Policymakers in a prominent Virginia county are looking for new ways to raise revenue.
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Many California Tax Refund Debit Cards Haven’t Been Activated
State Tax Many California residents haven’t used their Middle Class Tax Refund benefits. Are you one of them?
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May 17 Was the Deadline for $1 Billion in Unclaimed IRS Tax Refunds
Tax Refunds Unclaimed tax refunds from years ago were waiting for millions who might not have know it.
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Should Your 401(k) Be Eliminated to Save Social Security Benefits?
Retirement Savings Some economists argue that tax-advantaged retirement plans are not as beneficial as they seem.
Retirement Savings -
Final EV Tax Credit Rules Don’t Change Much for Consumers
Tax Credits Treasury and IRS have finalized regulations for the up to $7,500 electric vehicle tax credit.
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Three 'Hidden Costs' of Health Savings Accounts (HSAs)
Health Savings HSAs offer valuable tax benefits, but can 'hidden costs' erode those advantages?
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How the Biden Marijuana Shift Could Impact Taxes
Tax Rules A pending Biden administration marijuana rule change could help some businesses lower their taxes.
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State Tax Changes: What’s New for 2024
State Taxes As of Jan. 1, several state tax reforms have gone into effect that can impact your finances.
State Taxes -
Retirees Face Significant Tax Bills Due to Fraud
Fraud A new report sheds light on how older adult scam victims end up with big tax bills and lost retirement savings.
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What Time is the Powerball Drawing?
Lottery After the Powerball jackpot soared to $1.326 billion, everyone was looking for the winning numbers.
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IRS Warning: Beware of Smishing and 'Helper' Tax Scams
Scams Tax season is a time to look out for email and text message scams.
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Should You Let the IRS Do Your Taxes?
Tax Filing The new IRS Direct File program is now open to more taxpayers.
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These States Won’t Tax Your Mega Millions Winnings
Lottery Taxes If you win the Mega Millions lottery jackpot, will your state tax your payout?
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Your Arizona Family Rebate is Taxable: What to Know
State Tax Thousands of Arizona families will need to report income from special child tax relief payments.
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New Payroll Tax Targets Long-Term Care Expenses
Long Term Care Washington is the first state in the U.S. to use payroll deductions to help fund long-term care. Will other states, like California and New York, follow?
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President Biden Wants a Billionaire Minimum Tax
Wealth Taxes The debate over how much tax billionaires and millionaires should pay is heating up again.
Wealth Taxes
