Taxes
Latest Taxes News
Supreme Court Expands Tax Exemptions For Religious Charities
Topline The Supreme Court expanded when religious organizations can qualify for tax exemptions as it ruled Thursday in favor of…
House Budget Bill Cuts Average Taxes By $2,900, Favors High-Income Households
The budget reconciliation bill passed by the House on May 22 would cut taxes by an average of about $2,900…
Is It Possible for Tariffs to Replace Income Taxes?
Many questions intrigue economists and policymakers. Right now, one question is being debated more than most: Can tariffs replace income…
Whose Tax Plan Are We Under in 2025?
In 2025, the United States operates under the tax framework established by the 2017 Tax Cuts and Jobs Act (TCJA)…
What Happens If You File an Extension But Owe Money?
Filing an extension can give you extra time to complete your tax return, typically pushing the deadline from April to…
How to File for a Tax Extension in All 50 States
Filing a state tax extension can provide extra time to prepare and submit your state tax return if you miss…
Can You Deduct Property Taxes on Your Tax Return?
When tax season rolls around, homeowners often wonder if property taxes are deductible on their tax returns. The answer is…
10 Examples of Taxable and Nontaxable Income
Understanding what counts as taxable income and what does not can significantly impact your financial planning and tax obligations. The…
How Much Can You Inherit Without Paying Taxes?
An inheritance can offer helpful financial support, but it may also come with tax considerations. The taxes you might owe…
How to Avoid Capital Gains Taxes in Washington State
Washington State imposes a 7% capital gains tax on the sale of certain long-term assets, including stocks and business interests,…
