Be cautious of the dual tax threat targeting your pension.
The situation surrounding pensions is set to change significantly in the next 18 months, raising concerns for many. Recent government data indicates that starting in April, new state pensions will see a 4.7% increase due to the triple lock guarantee. This adjustment means that, unless this guarantee is altered, numerous pensioners will end up facing […]
Treasury and IRS provide important information on Trump’s ‘no tax on tips’ deduction
Proposed Tax Deduction for Tips Announced On Friday, the U.S. Treasury Department, along with the IRS, released proposed regulations regarding President Trump’s “no tax on tips” deduction. This initiative emerged from Trump’s earlier legislation known as the “Big Beautiful Building.” Starting in 2025, certain employees will be able to deduct “qualifying tips” of up to […]
Numeral Secures $35 Million for Sales Tax Compliance Platform
Numbers has successfully secured $35 million in its Series B funding round. The company has developed an AI-driven platform focused on sales tax compliance for e-commerce and software businesses. This automated platform handles the entire sales tax process for these companies and comes with a guarantee of error-free filings, as stated in a press release […]
Numeral secures $35M to use AI for automating sales tax
Sam Ross and the Birth of Numeral Sam Ross, who co-founded and leads the startup Numeral, got the idea for his sales tax compliance company during his travels. He previously worked as a product manager at Airbnb and was looking to blend his entrepreneurial spirit with his love for travel. “Back in early 2018, I […]
A map showing property tax amounts homeowners pay in each U.S. state
Property Tax Concerns Rise Among Homeowners Property taxes, while not typically the largest portion of monthly housing costs, are becoming a source of stress for many homeowners. Since 2019, property taxes have increased by 27.4%, which might explain why a significant 67% of homeowners who account for taxes reported that their bills exceeded their expectations […]
Numeral secures $35M to streamline sales tax using AI
Numeral Secures Funding to Streamline Sales Tax Management Sam Ross, who co-founded and serves as CEO of Numbers, first developed the idea for his sales tax compliance startup during his time as a product manager at Airbnb. That was back in early 2018 when he was not yet working remotely like he does today. At […]
Are you hesitating on that new heat pump or electric vehicle? Act quickly to secure those tax credits.
This year, tax incentives aimed at helping U.S. residents improve housing efficiency, invest in clean energy, and purchase electric vehicles have come to an end. So, if you’re looking to benefit from them, time is of the essence. “We still have time, but the clock is ticking,” said Zach Pierce, a policy director at Rewiring […]
Florida prepares for shifts in health care as Obamacare tax credits are about to end.
In Florida, a significant shift in healthcare could be on the horizon, as nearly half of the 4.7 million residents relying on Obamacare may lose their tax credits by the year’s end. This situation raises fears and concerns, particularly among families who rely on these credits for affordable insurance. Many believe that the healthcare system […]
Stephen Moore: A New Tax Rebellion Similar to Proposition 13 Could Be Coming Soon
Property Tax Concerns Spark New Movements Those who lived through the tumultuous 1970s might remember the significant tax cuts from that era. Notably, California’s Proposition 13 was a landmark initiative that reduced property taxes by over 25% and placed limits on future tax hikes. This tax cut is often credited with revitalizing California’s economy, fueling […]
Significant Tax Updates in 2025 from the Major Bill
The passage of the One Big Beautiful Bill Act (OBBBA) in July 2025 has brought a sense of certainty to many taxpayers, especially federal employees and retirees. Had this bill not been signed into law, key tax credits established by the 2017 Tax Cuts and Jobs Act (TCJA) would have faced expiration at the end […]