Tag: taxation
Ex-U.K. finance minister Kwasi Kwarteng to step down from politics
Kwasi Kwarteng, who served as the U.K.’s finance minister during the mini-budget crisis which saw Britain’s pound drop to its lowest ever levels against the [Read more about this post…]
Small businesses are paying 100%+ of profits to Uncle Sam after tax-law change
Small businesses in sectors like software and manufacturing are panicking over the expiration of a critical tax deduction that they say could lead to mass [Read more about this post…]
There’s now a tax credit for installing an EV charger in your home—how it works
Many Americans know they can claim a federal tax credit of up to $7,500 when purchasing a qualifying electric vehicle. The list of qualifying cars [Read more about this post…]
Mark Zuckerberg could pay millions in taxes to the IRS on Meta dividends
Mark Zuckerberg delighted Meta shareholders and Wall Street this week with news of the social media giant’s first-ever dividend. The IRS may also be happy, [Read more about this post…]
Is TurboTax really free? Your guide to 5 free tax prep options.
When major tax-preparation brands TurboTax, made by Intuit, and H&R Block say they’ll do income tax returns at no cost, that only applies to certain [Read more about this post…]
Capital-gains taxes: What to know when you sell your home or other asset
Capital-gains taxes occur when you sell an asset, like your home or a stock. They are paid to both the state and federal government. The [Read more about this post…]
I co-own a home with my sister and her husband. They’re getting divorced and he wants his share of the property. What can I do?
I live in California. I bought an investment property in California with my sister. My aunt gifted us the money for the down payment. We [Read more about this post…]
