taxes
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Controversial Capital Gains Tax Upheld in Washington
The state’s historic long term capital gains tax is projected to bring in $1 billion over the next two years.
By Kelley R. Taylor • Published
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IRS Tax Deadline Extended for Some New Yorkers
Some taxpayers in New York now have more time to file their federal tax returns since the IRS extended the tax deadline.
By Kelley R. Taylor • Published
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Federal Electric Bike Tax Credit Would Offer up to $1,500
Lawmakers have proposed a bigger version of an e-bike bill that would provide a tax credit of up to $1,500 on some new electric bikes.
By Kelley R. Taylor • Published
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IRS 1099-K Form: When You Might Get One From Venmo, PayPal, or Cash App
The new IRS $600 1099-K reporting threshold for payment networks like Venmo, PayPal, Amazon, and Cash App will likely for 2023.
By Kelley R. Taylor • Last updated
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Need More Time to File Your Taxes? Here's How to Get an Extension
tax deadline If you can't wrap up your federal tax return by the annual deadline, it's easy to buy yourself more time by filing a tax extension.
By Rocky Mengle • Last updated
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Living and Working in Different States Can Be a Tax Headache
state tax Living in one state and working in another can trigger a number of tax issues. Here are several things to keep in mind if you and/or your spouse are in this situation.
By William Neilson • Last updated
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Lawmakers Propose Tax Hikes to Combat Climate Change
Climate change is prompting some lawmakers to propose property tax hikes to fund mitigation efforts while scientists say that global warming could reach a critical level in less than a decade.
By Kelley R. Taylor • Published
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Biden Wants a Higher Child Tax Credit and So Do Some Republicans
President Biden wants to revive the higher child tax credit and monthly advance payments, while some Republican senators have their own ideas for the popular tax break.
By Joy Taylor • Published
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Will You Pay Taxes on Your State Stimulus Check?
Millions of people who received state "stimulus" payments in 2022, have wondered whether the money will be taxed.
By Kelley R. Taylor • Last updated