Taxes

- GoBankingRates
  7 States With Cheap Housing Markets and Low Property Taxes
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GoBankingRates3 days ago
Trump Wants To Eliminate Income Taxes: 3 Items That Will Instantly Get More Expensive
Donald Trump could return to the Oval Office, and if he does, he might make federal income taxes a thing of the past.
GoBankingRates4 days ago
Here’s What a Trump Win in November Would Mean for the Tax Burden on Corporations
The 2024 presidential election is top of mind and, if you are a shareholder in a company, you might be paying more attention to Donald Trump's campaign in the upcoming months. …
GoBankingRates4 days ago
Income Taxes 2025: A Look at How This Year’s Election Could Affect Your Refund Amount Next Year
Federal income tax refunds have been remarkably consistent over the past decade or so, with average refunds tending to hover between about $2,750 and $2,900 from January throug…
GoBankingRates4 days ago
Trump-Era Tax Cuts Are Set To Expire: 3 Ways This Can Impact Your Trip to the Grocery Store
Tax cuts that went into effect during the Trump administration are due to expire at the end of 2025, which isn't exactly right around the corner but isn't in the far-distant fu…
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GoBankingRates5 days ago
8 States To Move to If You Don’t Want To Pay Taxes on Social Security
Not all states tax equally. In fact, some states impose a tax on the money you withdraw from Social Security. Discover More: Social Security 2024: 6 Changes That Impact Your Be…
GoBankingRates5 days ago
Trump Wants To Eliminate Income Taxes: 3 Ways That May Hurt the Middle Class
At first glance, Donald Trump's idea of not paying federal income taxes might sound appealing. Taking home a larger portion of your hard-earned paycheck would seemingly put mor…
GoBankingRates6 days ago
Trump Wants To Eliminate Income Taxes: 4 Other Ways You Would Pay Instead
On its surface, the idea of eliminating income taxes may appeal to many voters this presidential election. Indeed, Donald Trump has been talking about it for some time -- it’s …
GoBankingRates7 days ago
Trump Wants To Eliminate Income Taxes: How Would That Impact You If You Are Retired?
Former president Donald Trump has long favored strict tariffs on imported goods, which could lead to much higher prices on items that are cheaper to source overseas. To help so…
GoBankingRates7 days ago
I’m an Economist: Here’s What a Trump Win in November Would Mean for the Tax Burden on the Poor
The 2017 Tax Cuts and Jobs Act implemented by the Trump administration resulted in slashing the corporate tax rate by 14%, cutting individual income tax rates and increasing th…
Moneywise7 days ago
Chicago homeowner stunned after getting a notice that his property taxes skyrocketed from $1,800 to over $30K
The Cook County Tax Assessor’s Office has reportedly miscalculated land values for over 4,400 homes.
GoBankingRates8 days ago
Should Trump Eliminate Income Taxes? Here’s What Tax Experts Say
Former President Donald Trump -- and 2024 presidential candidate -- recently floated an idea about eliminating income taxes and replacing them with tariffs. Learn More: I'm an …
Fortune8 days ago
The oldest Gen Xers are turning 59.5 and can finally tap their retirement accounts—here’s why this is a ‘golden age’ for tax planning
Just because you can tap into your retirement accounts without penalty doesn't mean you should.
Moneywise9 days ago
Planning to downsize your home in retirement but scared of the fat tax bill? 3 ways to avoid capital gains taxes
The tax code contains solutions you may not have heard about.
Bankrate8 days ago
Are home equity loans tax-deductible?
Home equity borrowers can deduct interest, but only if they meet these requirements.
GoBankingRates11 days ago
Retirement Warning: How Much Your Savings Will Actually Cost You In Taxes
Retirement should be a stress-free and enjoyable period of your life. You certainly don't want to worry about taxes, but many retirees could be in for a surprise. Next: I'm a F…
GoBankingRates11 days ago
Survey: Only 18% of Americans Believe Their Tax Dollars Are Being Spent the Right Way
Half of the revenue the federal government collects comes from individual income taxes, according to figures from the Office of Management and Budget. That means it relies heav…
GoBankingRates12 days ago
I’m a Tax Planner/Expert: Here’s a Tax Planning Roadmap for 4 Life Events
Big life events, like marriage, the birth of a child, buying a home or a divorce are all major milestones. And while taxes may not be on your mind while experiencing them, cons…
Moneywise12 days ago
Here's how you can pay zero federal taxes on a fat retirement income up to $100,000
A mix of strategies makes this achievable.
Reuters14 days ago
Treasury finalizes new crypto tax reporting rules
The U.S. Treasury Department finalized a rule on Friday requiring cryptocurrency brokers, including exchanges and payment processors, to report new information on users' sales …
GoBankingRates16 days ago
Tax Savings 2024: A Move From California To Florida Can Save You $2,800 Per Year
Taxes play a big role in Americans' moving decisions. According to the U.S. Census Bureau, 365,205 people moved to Florida between July 1, 2022, and July 1, 2023. Meanwhile, Ca…
CBS News17 days ago
IRS has unconscionable delays for a major tax issue, report says
The National Taxpayer Advocate, a watchdog that's part of the IRS, said the delays could cause financial harm to some taxpayers.
GoBankingRates17 days ago
10 States With the Best Property Tax Incentives in 2024
Unfortunately, property taxes are an unavoidable expense for home and property owners no matter where you live (or conduct business) in the United States. All 50 states and the…
Associated Press17 days ago
IRS delays in resolving identity theft cases are 'unconscionable,' an independent watchdog says
An independent watchdog within the IRS reported Wednesday that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases with d…
GoBankingRates18 days ago
5 Celebrities Convicted of Tax Evasion
No matter how famous (or infamous) you may be there, you still have to pay your fair share on tax day. Or else. While many celebrities and other household names throughout hist…
Bankrate18 days ago
What is a qualified charitable distribution? Get a tax benefit for small donations
Here’s how qualified charitable distributions work and what to watch out for.
GoBankingRates20 days ago
Millennials vs. Gen Z: Who Pays More in Taxes?
Each generation has their own joys, challenges and milestones. The economics of each generation are also different. Although tax rates are the same regardless of your age or st…
Moneywise22 days ago
Man wins $450K from MrBeast for spending 45 days in a grocery store — but will he get to keep his winnings?
Enter the taxman.
Bankrate23 days ago
What is a nonqualified annuity and how does it work?
The term “nonqualified” simply describes the annuity’s tax treatment.
NBC Universal23 days ago
Supreme Court rejects challenge to tax on foreign corporate investments
The Supreme Court upheld a tax on foreign corporate investments in a case some worried could imperil any future attempts to enact a wealth tax on the super-rich.
GoBankingRates23 days ago
10 States That Tax Social Security Benefits in 2024
Although Social Security benefits are taxable at the federal level, most recipients haven't had to worry about how to file taxes or pay state income taxes on their benefits. Th…
USA TODAY22 days ago
Supreme Court decision saves Trump-era tax change, dodges big loss in federal tax revenue
A major change in tax laws signed by Trump in 2017 had a one-time tax on foreign earnings for some investors.
Moneywise24 days ago
Grant Cardone believes 'there's only 1 car' in the US that Americans should buy — here's what it is and why he paid $150K cash to own it
He chose to lease an even more expensive one.
GoBankingRates25 days ago
I’m an Economist: How a Biden Reelection Would Impact Middle Class Taxes
With the presidential election coming this November and Joe Biden up for reelection, there's been a lot of buzz about what kinds of changes might come about in 2025 and beyond.…
GoBankingRates25 days ago
What You Actually Take Home From a $50,000 Salary in Every State
While $50,000 can be a decent salary, depending upon where you live and its cost of living, taxes can take a significant bite out of that income. Find Out: What Is the Median H…

Whether you're a taxpayer, business owner, or financial professional, our comprehensive coverage will keep you up-to-date with the ever-evolving tax landscape. Explore our articles and stay ahead of the curve in navigating the complexities of taxation.

Taxes

7 States With Cheap Housing Markets and Low Property Taxes

Ways To Pay Off $10,000 in IRS Debt in Less Than 5 Years

Rich Americans are using the Augusta Rule to generate tax-free income for themselves — can you use it too?

The IRS says it has collected $1 billion in past-due taxes from millionaires in the past year

IRS collects milestone $1 billion in back taxes from high-wealth taxpayers

Trump-Era Tax Cuts Are Expiring: 7 Ways This Could Impact Boomers Planning For Retirement

Trump Wants To Eliminate Income Taxes: 3 Items That Will Instantly Get More Expensive

Here’s What a Trump Win in November Would Mean for the Tax Burden on Corporations

Income Taxes 2025: A Look at How This Year’s Election Could Affect Your Refund Amount Next Year

Trump-Era Tax Cuts Are Set To Expire: 3 Ways This Can Impact Your Trip to the Grocery Store

8 States To Move to If You Don’t Want To Pay Taxes on Social Security

Trump Wants To Eliminate Income Taxes: 3 Ways That May Hurt the Middle Class

Trump Wants To Eliminate Income Taxes: 4 Other Ways You Would Pay Instead

Trump Wants To Eliminate Income Taxes: How Would That Impact You If You Are Retired?

I’m an Economist: Here’s What a Trump Win in November Would Mean for the Tax Burden on the Poor

Chicago homeowner stunned after getting a notice that his property taxes skyrocketed from $1,800 to over $30K

Should Trump Eliminate Income Taxes? Here’s What Tax Experts Say

The oldest Gen Xers are turning 59.5 and can finally tap their retirement accounts—here’s why this is a ‘golden age’ for tax planning

Planning to downsize your home in retirement but scared of the fat tax bill? 3 ways to avoid capital gains taxes

Are home equity loans tax-deductible?

Retirement Warning: How Much Your Savings Will Actually Cost You In Taxes

Survey: Only 18% of Americans Believe Their Tax Dollars Are Being Spent the Right Way

I’m a Tax Planner/Expert: Here’s a Tax Planning Roadmap for 4 Life Events

Here's how you can pay zero federal taxes on a fat retirement income up to $100,000

Treasury finalizes new crypto tax reporting rules

Tax Savings 2024: A Move From California To Florida Can Save You $2,800 Per Year

IRS has unconscionable delays for a major tax issue, report says

10 States With the Best Property Tax Incentives in 2024

IRS delays in resolving identity theft cases are 'unconscionable,' an independent watchdog says

5 Celebrities Convicted of Tax Evasion

What is a qualified charitable distribution? Get a tax benefit for small donations

Millennials vs. Gen Z: Who Pays More in Taxes?

Man wins $450K from MrBeast for spending 45 days in a grocery store — but will he get to keep his winnings?

What is a nonqualified annuity and how does it work?

Supreme Court rejects challenge to tax on foreign corporate investments

10 States That Tax Social Security Benefits in 2024

Supreme Court decision saves Trump-era tax change, dodges big loss in federal tax revenue

Grant Cardone believes 'there's only 1 car' in the US that Americans should buy — here's what it is and why he paid $150K cash to own it

I’m an Economist: How a Biden Reelection Would Impact Middle Class Taxes

What You Actually Take Home From a $50,000 Salary in Every State

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