News

Republican-controlled US House to try again on Trump tax cuts bill
The Republican-controlled U.S. House of Representatives will try again on Thursday to pass a measure to move forward on ...
Map Shows 12 States With Automatic Tax Extensions
A 2024 returns and payment deadline of November 3 is in place for: Boone, Greenbrier, Lincoln, Logan, McDowell, Mercer, Mingo ...
Which tax deductions reduce your tax bill the most? Experts weigh in
Certain homeownership, business and healthcare deductions could significantly lower your tax bill. Here's how.
IRS acting commissioner is resigning over deal to send immigrants’ tax data to ICE, AP sources say
The Internal Revenue Service’s acting commissioner is resigning over a deal to share immigrants’ tax data with Immigration ...
Can Luigi Mangione Donors Get Tax Deductions? What to Know
Mangione's fundraiser has amassed more than $830,000 in donations, but contributors might not be able to claim the donations ...
Should you use home equity to pay a tax bill? Experts weigh in
But is it a good idea to tap your home equity to pay off your tax bill? Here's what the experts say. Borrowing from your home ...
No state has axed its income tax on wages in 45 years. Now 2 Southern states are on a path to do so
About 45 years have passed since a state last eliminated its income tax on wages and salaries. Two Southern states are now on ...
Eliminating Capital Gains Tax Using Irrevocable Trusts
Let’s explore how irrevocable trusts can help investors preserve their wealth while complying with IRS regulations.