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Local governments in Romania raise property taxes substantially

Local governments in Romania raise property taxes substantially

Romanian Local Governments Raise Property and Vehicle Taxes Recent reports indicate that various local governments in Romania have significantly upped property and vehicle taxes, with some hikes exceeding the government’s set tax rates by about 70%. This has stirred a public conversation about the extent of these increases. This rise follows the government’s decision to […]

Early filers can start submitting their taxes on January 26 this year.

Early filers can start submitting their taxes on January 26 this year.

IRS Tax Filing Season Begins Washington, D.C. — January 26 marks the start of the 2026 tax filing season, during which the IRS will begin to accept and process tax returns for the year 2025. Taxpayers should be mindful that the deadline to file is April 15 to steer clear of any penalties or interest. […]

Remember to Claim the ‘Senior Deduction’ on Your Taxes This Year

Remember to Claim the 'Senior Deduction' on Your Taxes This Year

Important points New credits established under the One Big Beautiful Bill will enable older taxpayers to deduct between $6,000 and $12,000 from their taxable income in 2025, thus lowering their tax burden. To qualify for this credit, taxpayers need to be at least 65 years old, with single taxpayers having an income under $175,000 and […]

Venezuela’s Hidden Reward Is a Reduction in Oil Shock Taxes

Venezuela's Hidden Reward Is a Reduction in Oil Shock Taxes

Venezuela’s operation is about more than cheap oil The initiative to remove Nicolas Maduro could have more economic importance than many commentators realize. While oil prices may not dip immediately, the resulting supply shock that might significantly impact the U.S. economy could eventually ease. Amid all the discussions about “hitting the jackpot” with oil, it’s […]

How to submit taxes at no cost in 2026, following the removal of IRS Direct File

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 […]

New York snowbirds fail in their attempt to move to Florida and avoid state taxes

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.

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 […]