taxes
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Should Tax on Tips Stay or Go Under Trump?
Income Tax As the No Tax on Tips Act gains momentum, economists warn of potential pitfalls. Will not taxing tips help or hurt workers?
By Kelley R. Taylor Last updated
Income Tax -
Some States Won’t Participate in IRS Direct File for 2025
Tax Filing You may not be able to use the new IRS tax filing system if your state doesn't allow it. Plus, an incoming Congress could eventually bring an end to the program.
By Kate Schubel Last updated
Tax Filing -
New Hampshire Mobile Home and Condo Property Taxes Inexplicably Triple
Property Tax A city-wide revaluation is causing concern among Rochester locals who argue property taxes are too high.
By Gabriella Cruz-Martínez Published
Property Tax -
Will You Owe Taxes on Your Recently Forgiven Student Loan?
Loan Forgiveness If you received student debt forgiveness last year, know these key points when filing taxes. Plus — what can you expect from a new president?
By Kate Schubel Last updated
Loan Forgiveness -
Getting Divorced? Beware of Hidden Tax Traps as You Divide Assets
Dividing assets fairly in a divorce means looking beyond their current values and asking whether they'll create tax liabilities — or tax breaks — in the future.
By Stacy Francis, CFP®, CDFA®, CES™ Published
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IRS Shakeup: What Trump's Commissioner Pick Could Mean for Your Taxes
IRS An unconventional nominee comes amid broader efforts to reshape the IRS and tax policy in 2025.
By Kelley R. Taylor Last updated
IRS -
Why Digitizing Your Tax Records Can Simplify Your Filing in 2025
Tax Records If you can, switching from paper to e-filing your taxes can have many benefits.
By Gabriella Cruz-Martínez Published
Tax Records -
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.
By Kelley R. Taylor Last updated
Tax Breaks -
Does Your Child Need to File a Tax Return This Year?
Tax Filing Here’s how to tell if your child needs to file a tax return in 2025 and how it can impact your tax liability.
By Katelyn Washington Last updated
Tax Filing