Tag: Government taxation and revenue
There’s a growing interest in direct indexing as the investing trend...
As demand grows for specialized portfolios, a trend known as direct indexing is quickly becoming an option for more investors. Rather than owning a mutual...
Tax pros ‘very skeptical’ about expanded IRS voice bots for payments...
Westend61 | Westend61 | Getty ImagesIf you get a tax bill and want help from the IRS to set up a payment plan, newly...
One key problem has 1 in 4 expats ‘seriously considering’ or...
Valentyn Semenov / Eyeem | Eyeem | Getty ImagesWhile many filers dread tax season, Americans living abroad face even bigger yearly burdens — and...
IRS boosts standard mileage rate deduction to 62.5 cents per mile,...
Guy Benhamou sends a picture of gas prices to friends while pumping gas at an Exxon Mobil gas station on June 9, 2022 in...
Here’s when tax-loss harvesting makes sense … and when it doesn’t
When the stock market dips, a strategy known as tax-loss harvesting can be a silver lining. But it doesn't make sense for all portfolios,...
House Democrats push Treasury, IRS for repeal of rule blocking state...
Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April 15,...
The IRS is working to increase its audit rates for higher...
Jeffrey Coolidge | Photodisc | Getty ImagesThe IRS is working to boost its audit rates for the wealthiest Americans, according to a statement recently released with...
Investors revisit muni bonds amid higher yields and strong credit
David Jakle | Image Source | Getty ImagesIt's been a tough year for municipal bonds, with investors cashing out amid rising interest rates. However,...
Capital gains may have triggered hundreds of billions more in individual...
The U.S. Department of the Treasury buildingJulia Schmalz | Bloomberg | Getty ImagesSome investors may be grappling with the sting of higher-than-expected capital gains...
Still missing your tax refund? You’ll soon receive 5% interest —...
Bill Oxford | E+ | Getty ImagesIf you're still waiting for a tax refund, there's a silver lining: it may be accruing interest, and...