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Taxes
How Are Bonuses Taxed in 2025?
Bonuses paid by employers get special tax treatment and could have a significant impact on…
Form 8283: How to File for Noncash Charitable Contributions
When you donate noncash items—such as artwork, vehicles, clothing or other property to a qualified…
Supreme Court Expands Tax Exemptions For Religious Charities
Topline The Supreme Court expanded when religious organizations can qualify for tax exemptions as it…
House Budget Bill Cuts Average Taxes By $2,900, Favors High-Income Households
The budget reconciliation bill passed by the House on May 22 would cut taxes by…
Supreme Court Sides With Catholic Group In Tax Exemption Dispute Over Non-Religious Activities
In a unanimous decision, the U.S. Supreme Court ruled that a Catholic organization qualifies for…
Is It Possible for Tariffs to Replace Income Taxes?
Many questions intrigue economists and policymakers. Right now, one question is being debated more than…
Whose Tax Plan Are We Under in 2025?
In 2025, the United States operates under the tax framework established by the 2017 Tax…
How to File for a Tax Extension in All 50 States
Filing a state tax extension can provide extra time to prepare and submit your state…
Can You Deduct Property Taxes on Your Tax Return?
When tax season rolls around, homeowners often wonder if property taxes are deductible on their…
What Happens If You File an Extension But Owe Money?
Filing an extension can give you extra time to complete your tax return, typically pushing…
10 Examples of Taxable and Nontaxable Income
Understanding what counts as taxable income and what does not can significantly impact your financial…
How Much Can You Inherit Without Paying Taxes?
An inheritance can offer helpful financial support, but it may also come with tax considerations.…
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