Upholding Equity and Fairness in Tax Legislation: A Call to Action
In recent discourse, there’s been significant debate surrounding the decision to veto a comprehensive tax reduction proposal put forward by…
Ex-IRS Employee Sentenced to 5 Years for Disclosing Trump’s Tax Returns
Charles Littlejohn, a 38-year-old former IRS consultant, received a five-year prison sentence for unlawfully disclosing the tax returns of former…
This State Plans to Tackle Income Inequality with Higher Taxes on Wealthy Citizens
Vermont, recognized for its progressive stance on various societal issues, is now setting its sights on a bold new objective:…
2024 Tax Breaks: 14 States Slash Individual Income Taxes
In 2024, taxpayers in 14 states are poised to experience financial relief due to reduced individual tax rates. This development,…
California Tax Refund: Estimating the Waiting Period for Taxpayers
Tax season can be a stressful time for many, but the anticipation of a tax refund often serves as a…
2024 Tax Reform: Expanding Child Tax Credit and Business Benefits
In a significant bipartisan move, lawmakers announced a proposal on Tuesday that seeks to expand the child tax credit and…
Tax Proposals from 2024 Presidential Candidates: An Overview
As the 2024 primary season approaches, candidates from both political parties have started to outline their tax proposals. However, the…
IRS Postpones New 2023 Reporting Rule for Payment App Business Income
The IRS has once again delayed implementing a new reporting rule that would significantly impact taxpayers receiving business income through…
2024 Updated EV Tax Credits: Find Out Where to Get Your Discounts Now
The Internal Revenue Service (IRS) has updated the rules for electric vehicle (EV) tax credits as of January 1, 2024,…
Bunching Charitable Tax Deduction
Individuals who previously received a tax benefit by itemizing deductions no longer do, because taking the standard deduction is more…
Major Tax Deductions for Ridesharing Drivers
Los Angeles is a city where hard-working ride-sharing drivers are the norm. Driving for a rideshare company makes you an…
What is the Cost of Tax Preparation?
Consulting a Tax preparation professional is key essential in filing your taxes the right way. The primary reason you need…