Taxes
Latest Taxes News
E.U. Top Court Rules That Apple Must Pay Billions In Back Taxes
The European Union's top court has issued a final ruling in an ongoing legal battle over tax benefits, finding that…
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 who earn $1 million or…
Projected Brackets, Standard Deductions And More
The U.S. Bureau of Labor Statistics reported that the consumer price index (CPI) increased by 0.2% on a seasonally adjusted…
Guide to Capital Gains Taxes on Commercial Properties
Capital gains tax on commercial property can vary depending on factors like the length of ownership and the taxpayer’s income…
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 with a tax plan. The…
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 $8.41. That was all it…
Trump Calls For Eliminating The Income Tax On Social Security Payments
When Donald Trump broached the idea of getting rid of federal income taxes on Social Security payments, critics immediately dumped…
Essential Businesses Bear The Brunt Of ERC Denials, Tax Pros Say.
The Employee Retention Credit (ERC) – sometimes called the Employee Retention Tax Credit or ERTC – is a refundable tax…
States With Tax Breaks for Renters: Do You Qualify?
“Tax breaks for renters are different from homeowners,” said Aaron Cirksena, CEO and Founder of MDRN Capital. “To qualify, renters need…
Can Employers Recover Their Attorneys’ Fees In ERC Refund Litigation?
In a recent news release, the IRS announced that it intends to deny “tens of thousands” of ERC refund claims…
