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Taxes
The Wild End To 2024 That Could Shake Up The 2025 Tax Season Edition
This is a published version of our weekly Forbes Tax Breaks newsletter. You can sign-up…
What States Have a Flat Income Tax?
While the federal government applies a consistent tax system to every citizen, states have tax…
Treasury Looks To Public For Input On New Stablecoins Reporting Law
The U.S. Department of the Treasury wants to hear from you. The commenting period has…
Tax-Free Qualified Small Business Stock Break Jumps From $10M To $15M
The ink on the One Big Beautiful Bill is dry, and some of the targeted…
Do Capital Gains Count as Income? Tax Definition and Examples
Capital gains count as taxable income and can affect your tax bracket, deductions and rates.…
Can You Deduct Mortgage Interest on a Second Home?
Under the One Big Beautiful Bill Act of 2025, the mortgage interest deduction limits established…
SALT Write-Offs: Trump Tax Changes and Requirements
The state and local tax (SALT) deduction lets taxpayers write off certain state and local…
Do You Have to Pay Taxes on Tips? Trump Tax Changes
Traditionally, all tip income was taxable, and workers had to report any cash tips exceeding…
IRS Says It Will Not Change Withholding Tables Or Form W-2 In 2025, Despite The New Tax Law
If you were hoping for some guidance from the IRS with respect to changing your…
Can You Deduct Charitable Donations Without Itemizing Taxes?
For many taxpayers, the standard deduction makes it unnecessary to itemize. However, this also limits…
HSA vs. FSA vs. HRA: Tax Benefits and Requirements
Health savings accounts (HSAs), flexible spending accounts (FSAs) and health reimbursement arrangements (HRAs) offer tax…
Trump Tax Plan Auto Deduction
Under the One Big Beautiful Bill Act interest paid on certain car loans would become…
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