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Taxes
What Is Net Investment Income and How Is It Taxed?
Net investment income (NII) is defined as the profit gained from investments after deducting certain…
How To Survive An IRS Employment Tax Audit
In recent years, the IRS has devoted more resources to employment tax matters. In addition…
Kamala Harris’ 28% Capital Gains Tax Plan Is A Surprise. Here’s Why
Vice President Kamala Harris has proposed a 28% tax on long-term capital gains for Americans…
Projected Brackets, Standard Deductions And More
The U.S. Bureau of Labor Statistics reported that the consumer price index (CPI) increased by…
Guide to Capital Gains Taxes on Commercial Properties
Capital gains tax on commercial property can vary depending on factors like the length of…
Kamala Harris Supports Tax on Unrealized Capital Gains: What It Means for Wealthy Households
The Kamala Harris campaign has made one of its first concrete policy proposals this week…
Michigan Supreme Court Rules In Favor Of Homeowners In Years-Old Foreclosure Fight
In 2014, then-83-year-old Uri Rafaeli, a retired engineer in Michigan, underpaid his property taxes by…
How To Survive An IRS Employment Tax Audit
In recent years, the IRS has devoted more resources to employment tax matters. In addition…
Kamala Harris Has Favored Taxes To Raise Revenue And Change Policy
It is too soon to know the details of presumptive Democratic presidential nominee Kamala Harris’s…
After Months In Limbo, Child Tax Credit Bill Fails To Advance In The Senate
More than six months after the House of Representatives passed a tax deal that would…
No Tax On Tips – Now Social Security – What Is Next?
I had a sneaking suspicion that our once and possibly future president Donald Trump was…
Green Card Holder Works Abroad: Tricky U.S. Tax And Immigration Issues
Navigating the intricacies of U.S. tax laws can be challenging, especially for green card holders…
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