After more than a year of trying — and failing — to pack much of President Biden’s domestic agenda into a single tax-and-spend bill, Democrats appear to have finally found […]
Income Tax
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Back to news homeStarting up remotely? Keep these labor laws and tax guidelines in mind
Ardy Esmaeili Contributor More posts by this contributor What US startup founders need to know about the R&D tax credit When it comes to remote employment, employees and employers both […]
Paying Taxes in 2022: What You Need to Know
I was lured into the meme stock madness. What do I need to know?The federal government is coming for its share of your winnings. If you were trading in a […]
The I.R.S. Warns of Messy Tax Filing Season
WASHINGTON — The federal tax filing season will run from Jan. 24 to April 18 this year, the Internal Revenue Service said on Monday, warning in its announcement that staffing […]
In Push to Tax the Rich, White House Spotlights Billionaires’ Tax Rates
WASHINGTON — President Biden is leaning into his push to increase taxes on the rich as he seeks to unify Democrats in the House and Senate behind a $3.5 trillion […]
Proposed Tax Changes Focus on the Wealthy
So how do you define who’s wealthy?The latest proposed tax changes from the House Ways and Means Committee essentially say a wealthy individual is someone who earns $400,000 a year […]
When to Collect Social Security: Why You Should Wait
Withheld benefits are not lost forever, however. At the beneficiary’s full retirement age, Social Security will adjust the monthly benefit upward to account for the withheld benefits. The beneficiary will […]
Child Tax Credit Payments Have Begun. Should You Opt Out?
“The advance of the credit reduces the total amount of taxes paid,” said Rob Seltzer, an accountant in Los Angeles. “So there could be a problem with an estimated tax […]
What You Need to Know About the Child Tax Credit
(People with low incomes — under $40,000 a year for unmarried taxpayers and $60,000 for married couples — generally won’t have to repay advance payments if they are ineligible in […]
How Private Equity Firms Avoid Taxes
There were two weeks left in the Trump administration when the Treasury Department handed down a set of rules governing an obscure corner of the tax code.Overseen by a senior […]