Latest articles by Kelley R. Taylor
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Should Your 401(k) Be Eliminated to Save Social Security Benefits?
Retirement Savings Some economists argue that tax-advantaged retirement plans are not as beneficial as they seem.
Retirement Savings -
Georgia State Tax Guide
State Tax State tax rates and rules for income, sales, property, fuel, cigarette, and other taxes that impact Georgia residents.
State Tax -
Final EV Tax Credit Rules Don’t Change Much for Consumers
Tax Credits Treasury and IRS have finalized regulations for the up to $7,500 electric vehicle tax credit.
Tax Credits -
Three 'Hidden Costs' of Health Savings Accounts (HSAs)
Health Savings HSAs offer valuable tax benefits, but can 'hidden costs' erode those advantages?
Health Savings -
Capital Gains Tax Exclusion for Homeowners: What to Know
Tax Breaks The IRS capital gains home sale exclusion can be a valuable tax-saving tool if you are eligible.
Tax Breaks -
How the Biden Marijuana Shift Could Impact Taxes
Tax Rules A pending Biden administration marijuana rule change could help some businesses lower their taxes.
Tax Rules -
How the EV Tax Credit Works
Tax Credits The EV federal tax credit of up to $7,500 can be complicated. Here's what you should know.
Tax Credits -
Biden Calls for Doubling Capital Gains Tax
The White House President Biden wants to increase taxes to have the wealthy pay a “fairer” share.
The White House -
State Tax Changes: What’s New for 2024
State Taxes As of Jan. 1, several state tax reforms have gone into effect that can impact your finances.
State Taxes -
Georgia Has a New 2024 Income Tax Rate
Tax Cuts Georgians now have a tax package containing income tax cuts, childcare relief, and potential property tax caps.
Tax Cuts -
Inherited an IRA? Four Things Every Beneficiary Should Know
Inherited IRA Inherited IRA distribution rules have changed in ways that can significantly impact your taxes and tax strategy.
Inherited IRA -
Retirees Face Significant Tax Bills Due to Fraud
Fraud A new report sheds light on how older adult scam victims end up with big tax bills and lost retirement savings.
Fraud -
IRS Delays IRA RMD Rules Again
Inherited IRAs The IRS is delaying certain required minimum distribution rules. Here’s what the latest change means for some inherited IRA beneficiaries.
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Tax Day: Is the Post Office Open Late?
Tax Filing Tax Day means some people need to mail their federal income tax returns.
Tax Filing -
A Little-Known Tax-Free Way To Help Pay Your Student Loan
Student Debt Employers can provide valuable assistance with employee student loan repayments.
Student Debt -
What Time is the Powerball Drawing?
Lottery After the Powerball jackpot soared to $1.326 billion, everyone was looking for the winning numbers.
Lottery -
IRS Warning: Beware of Smishing and 'Helper' Tax Scams
Scams Tax season is a time to look out for email and text message scams.
Scams -
Inflation Reduction Act Tax Credits: What You Should Know
Tax Breaks The Inflation Reduction Act increases IRS funding, changes tax policy, and offers new and expanded tax credits.
Tax Breaks -
Required Minimum Distributions (RMDs): Key Points to Know
RMDs Here are some basics to know about RMDs and how these distributions can impact your taxes.
RMDs -
States With the Highest Powerball Taxes
Lottery Taxes These states will take the biggest tax bite out of your Powerball payout.
Lottery Taxes -
Is Your First RMD Due April 1?
RMDs April Fool's Day is an important RMD deadline for some older adults and retirees.
RMDs -
California Tax Extension 2024: What You Need to Know
Tax Deadlines Some Californians had more time to file federal and state tax returns because of natural disasters.
Tax Deadlines -
Should You Let the IRS Do Your Taxes?
Tax Filing The new IRS Direct File program is now open to more taxpayers.
Tax Filing -
What Would a Government Shutdown Do to the IRS?
IRS With a government shutdown looming, some wonder how IRS operations will be affected.
IRS
