How to submit taxes at no cost in 2026, following the removal of IRS Direct File
IRS Discontinues Direct File Service The IRS Direct File, which was a free online platform for federal tax submissions, came to an end in 2026. In 2025, around 300,000 individuals used the IRS Direct File. So, do they now have to navigate the tax landscape without a similar option, like countless others looking to file […]
Drivers in New Jersey face a 9% increase in state gas taxes as the new year begins
Drivers in New Jersey are facing yet another increase in one of the highest gas taxes in the country. Starting January 1, the tax will jump by 4.2 cents, bringing the total to 49.1 cents per gallon for gasoline and 56.1 cents for diesel. This change comes from a 2024 law, and it’s worth noting […]
New York snowbirds fail in their attempt to move to Florida and avoid state taxes
Snowbirds Face Tax Dilemma in New York An upstate New York couple now living in Florida has discovered that proving their new home is their primary residence is quite complicated. John Hoff and his wife are facing a $60,000 tax bill from New York state after the Tax Commission determined they couldn’t adequately prove their […]
Montana residents will see alterations in taxes and wages in 2026.
BILLINGS, Mont. With 2026 on the horizon, residents of Montana are gearing up for several upcoming fiscal and policy adjustments. These changes will include property tax relief for certain homeowners, a rise in the minimum wage, and noteworthy updates to SNAP benefits. New state housing tax exemptions are expected to decrease costs for thousands, specifically […]
What to understand now about updates to your 2025 taxes
Overview of Changes in Tax Law from the One Big Beautiful Bill Act ATLANTA — The One Big Beautiful Bill Act, which became law in July, introduces various new tax provisions effective this year. As you gear up for your 2025 tax return, it might be wise to familiarize yourself with these key changes. Your […]
Billionaires who earn $1 salaries and other legal ways the extremely wealthy avoid taxes to maintain their wealth.
Tax System and Wealth Inequality A Boston University law professor, Ray Madoff, recently published a book titled The Second Estate: How the Tax Code Created America’s Aristocracy. In a conversation with Kara Miller, host of the podcast “It Turns Out,” Madoff discussed the evolution of the American tax system and its impact on rising inequality […]
Michigan Lawmaker Suggests Ending Property Taxes for Homeowners Without School-Aged Kids
Michigan Lawmaker Proposes Bill to Cut Property Taxes for Childless Households On December 16th, Congressman Steve Kara from Michigan put forward a bill aimed at reducing property taxes for families without children enrolled in public schools. This proposal, known as HB5376, would exempt individuals who don’t have dependents attending public institutions from paying school-related property […]
What you need to know about the updates to your 2025 taxes
New Tax Provisions from One Big Beautiful Bill Act The One Big Beautiful Bill Act, which became law in July, introduces various new tax provisions and modifies existing ones. With the 2025 tax season approaching, here are some key updates to consider. Your tax payment could potentially be lower, or your refund might increase, depending […]
Recent research places all 67 Florida counties in order based on property taxes as GOP leaders focus on tax reductions.
Property Tax Rankings for Florida Counties Released Florida Tax Watch has unveiled new findings on property tax rankings across all 67 counties in the state. The CEO of this nonpartisan nonprofit asserts that the report sheds light on the current debate, which is often clouded by confusion surrounding property taxes and their potential repeal in […]
‘We have no children, but we still want to donate our money without taxes’
James Boa and Nikki Kopelman made a decision early in their relationship: they didn’t want to have children. Boa, who comes from a family that owns an IT business, says, “It’s not that I don’t like children. I get along very well with my nieces and nephews, but I just don’t want children of my […]