Latest articles by Kelley R. Taylor
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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.
Health Savings -
'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.
EV Credits -
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.
Tax Credits -
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.
Student Loans -
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.
Tax Filing -
Is a New ‘Meals Tax’ Coming to Virginia?
Food Tax Policymakers in a prominent Virginia county are looking for new ways to raise revenue.
Food Tax -
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?
State Tax -
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.
Tax Refunds -
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.
Tax Credits -
Three 'Hidden Costs' of Health Savings Accounts (HSAs)
Health Savings HSAs offer valuable tax benefits, but can 'hidden costs' erode those advantages?
Health Savings -
How the Biden Marijuana Shift Could Impact Taxes
Tax Rules A pending Biden administration marijuana rule change could help some businesses lower their taxes.
Tax Rules -
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.
Fraud -
What Time is the Powerball Drawing?
Lottery After the Powerball jackpot soared to $1.326 billion, everyone was looking for the winning numbers.
Lottery -
IRS Warning: Beware of Smishing and 'Helper' Tax Scams
Scams Tax season is a time to look out for email and text message scams.
Scams -
Should You Let the IRS Do Your Taxes?
Tax Filing The new IRS Direct File program is now open to more taxpayers.
Tax Filing -
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.
State Tax -
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?
Long Term Care -
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 -
Biden Proposes New Homebuyer Tax Credits
Tax Credits President Biden is calling for new middle-class tax breaks including a mortgage tax credit.
Tax Credits -
Changes to Know Before You File Your 2023 Return
Tax Filing Tax deductions, tax credit amounts, and some tax laws have changed since you filed your last federal income tax return.
Tax Filing -
State Abortion Law Changes Tax Deductions
Tax Breaks New abortion laws are changing the way some states think about dependent tax deductions.
Tax Breaks
