Taxes
Latest Taxes News
How Tax Opinions Help Solidify Tax Positions And Prevent Penalties
With a big or tricky transaction or a major income item, someone may tell you that you should get a…
Are Health Insurance Premiums Tax Deductible When You Retire?
Health insurance premiums can be tax deductible when you retire, but it depends on several factors such as your age,…
India’s ‘Google Tax’ Is Dead—But Will It Stay Dead?
India’s decision to abandon its “Google Tax” marks a shift in digital taxation policy—influenced by both domestic feedback and, perhaps…
Can Short-Term Capital Losses Offset Long-Term Capital Gains?
2024 Long-Term Capital Gains Tax Rates RateSingleMarried Filing JointlyMarried Filing SeparatelyHead of Household0%$0 – $47,025$0 – $94,050$0 – $47,025$0 –…
What To Do If The IRS Denies Your ERC Refund Claim
I’ve previously written about Employee Retention Credit (often called the ERC or ERTC) refund claims pending with the IRS here.…
How Capital Gains Tax on Home Sales Works
If you sell your home for a profit, the IRS considers this a taxable capital gain. This rule applies to…
Lights, Camera, Credits: The State Of Film Tax Incentives
In this episode of Tax Notes Talk, George Ford with the Phoenix Center for Advanced Legal and Public Policy Studies…
What Are the Tax Consequences of Inheriting a CD?
If you inherit or plan to bequeath a certificate of deposit (CD) as part of your estate, there may be…
A History Of Tariffs, From Hamilton To Trump
In this video, Tax Notes contributing editors Robert Goulder and Joseph J. Thorndike explore the history of tariffs in the…
4 Tax Benefits of Using an LLC for Your Rental Property
Forming a limited liability company (LLC) can offer significant tax advantages for real estate investors, including pass-through taxation and a…
