How will inflation affect your Social Security tax bill? It’s not pretty
admin Employers, employees, and self-employed individuals all pay the Social Security tax. For many self-employed individuals,…
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Sen. Joe Manchin balks at global minimum tax championed by Biden
The Biden administration’s international tax agenda suffered a setback when Sen. Joe Manchin rejected a…
Read MoreHow small business owners can maximize a potentially lucrative tax break
The qualified business income (QBI) deduction was a centerpiece of the 2017 Tax Cuts and…
Read MoreNew York’s sports betting tax revenue hits record high
New York has generated $302.3 million in mobile sports betting tax revenue since its launch…
Read MoreWhat will inflation do to next year’s tax brackets and why should I care?
As you probably know, the federal income tax rate brackets, and many other federal tax…
Read MoreCommon IRA rollover tax traps — and how to avoid them
If you’ve left your job, doing an IRA rollover of the balance in your company…
Read MoreTax Investigations and Methods Used During Investigations
Income tax returns filed by taxpayers are often incorrect. Sometimes they are incorrect due to…
Read MoreI Predict the President Will Outline a Huge Tax Increase, and That Most Americans Will Support It
Introduction I predict that in order to reduce the Federal deficit, pay for extraordinary government…
Read MoreHelp for Military Personnel Confused About Special Tax Rules and Exclusions
The IRS code includes lots of special rules written to make life easier for military…
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Schumer provides ‘rock-solid evidence’ that Democrats will push forward with partisan tax and spending bill, analyst says
Democrats have long hoped to coalesce around a plan to roll back some of Donald…
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