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What Is Trump’s Plan for Taxes on Overtime?

A Trump-backed tax plan currently advancing through Congress proposes significant changes to the federal taxation…

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Trump’s Tax Plan for Capital Gains Taxes

With the Tax Cuts and Jobs Act (TCJA) set to expire at the end of…

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De Minimis: 2025 Trump Changes and Effects on Consumer Costs

The term de minimis refers to a U.S. customs rule that exempts low-value imports—typically under…

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Who’s Entitled to the Tax Refund of a Deceased Person?

If the deceased was due to receive a tax refund, determining who is entitled to…

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Cross-Border Tax Planning: A Comprehensive Guide

Cross-border tax planning involves structuring your finances to account for tax laws in more than…

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IRA Early Withdrawal Rules and Penalties

When you deposit cash into your retirement account, it enters a new realm of rules…

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Supreme Court Sides With Catholic Group In Tax Exemption Dispute Over Non-Religious Activities

In a unanimous decision, the U.S. Supreme Court ruled that a Catholic organization qualifies for…

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How Long You Have to Keep Tax Documents

Once tax season is over, it’s tempting to contemplate pushing every document into a shredder…

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Trump Pardons ‘Chrisley Knows Best’ Stars, Yet IRS Tax Lessons Remain

Todd and Julie Chrisley were convicted of tax evasion and bank fraud, and have been…

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How to Donate to Charity With Money From Your IRA

The IRS allows, and even encourages, charitable donations from tax-advantaged retirement accounts such as an…

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