Crypto Groups Press Court to Expedite Suit on Illinois Crypto Tax
The Crypto Council for Innovation (CCI) and Blockchain Association (BA) said they would join the Digital Chamber and others to ...
Tag: tax
Check Your Tax Withholding in October
Just the Tip: If one of the new federal deductions for tips, overtime, seniors, or car loan interest applies to ...
Self-Employment Tax Is 15.3% on Top of Income Tax
Just the Tip: Once you’re self-employed, you owe a 15.3% self-employment tax for Social Security and Medicare in addition to ...
Required Minimum Distributions Can Push You Into a Higher Tax Bracket
Just the Tip: Required minimum distributions (RMDs) stack on top of Social Security and any pension. The share you must ...
Tax-Loss Harvesting Can Offset Your Capital Gains Tax
Sell an investment at a loss and you can use that loss to offset capital gains from your winners. Up ...
Your Marginal Tax Rate Is Not What You Pay on All Your Income
Just the Tip: The US tax system is progressive. You pay each bracket’s rate only on the income that falls ...
Q3 Estimated Tax Is Due September 15
Just the Tip: If you’ll owe the IRS $1,000 or more after withholding this year, your third estimated payment is ...
The Home Sale Exclusion Is One of the Largest Tax Breaks Available
Just the Tip: Live in your primary residence for at least two of the last five years and you can ...
Expense and Mileage Tracking Apps Pay for Themselves at Tax Time
Just the Tip: Self-employed people who track expenses and mileage manually, or not at all, routinely miss legitimate deductions. Dedicated ...
AFC Scholarship Fund Review – A Dollar-for-Dollar Tax Credit Built for 2027
AFC Scholarship Fund Best for: Taxpayers who already give to education causes and expect to owe federal income tax ...
