Tax

New Jersey, known as the Garden State, has once again earned a dubious distinction - it boasts the highest property tax rates in the entire United States, including the District of Columbia. This revelation comes from a recent report by…

As the nation commemorates Presidents Day, a federal holiday since 1885, the Internal Revenue Service (IRS) gears up for one of its busiest periods of the year. While IRS offices were closed on the holiday, the weeks surrounding Presidents…

The advancements in tax technology, pending regulations, and the inclusion of cryptocurrency in tax forms are crucial developments to monitor in 2024.  The IRS has recently launched two new technology systems, the Information Returns…

In a landmark step for New Mexico's fiscal planning, the Senate approved a historic $10.1 billion budget proposal with plenty of time for gubernatorial approval. The monumental spending plan received resounding support in the Senate,…

Last year, many Minnesotans received a welcomed boost to their bank accounts in the form of one-time checks and direct deposits as part of a state funding surplus redistribution.  However, as tax season rolls around, more than two…

Some of Colorado's most important corporate and political personalities have banded together to combat an imminent property tax increase. This unexpected collaboration includes prominent advocates and adversaries of Proposition HH, who…

As the 2024 tax season unfolds, taxpayers are navigating a landscape influenced by various factors, from early filings driven by the desire to expedite refunds to ongoing negotiations regarding the Child Tax Credit (CTC).  Let's delve…

Falling behind on tax payments can be a daunting experience, but there are various strategies to address IRS tax debt.  This comprehensive guide explores five effective methods, emphasizing the importance of timely action and informed…