Articles
Congress nears deal to partially restore Biden’s expanded child tax credit
Congressional lawmakers are closing in on a deal that would partially revive President Biden’s expanded tax credit for lower-income families in exchange for extending tax incentives favored by business interests, according to two people familiar with the matter. Read More.
Sources: Marylanders could see tax, fee hikes amid budget deficit
Maryland lawmakers face a budget shortfall in 2024, and sources tell 11 News that could mean tax increases, new taxes and/or fees. Read More.
Trump opponent arrested on tax fraud indictment after latest 14th amendment ballot challenge fails in court
Former President Trump's ballot eligibility challenger, John Anthony Castro, is facing a 33-count indictment for allegedly filing fraudulent tax returns. Read More.
Charleston County eyes $5.4 billion sales tax referendum
Extending the life of the tax to help pay for the $2.2 billion Mark Clark Extension means the county's 9 percent sales tax remains one of highest in the state. Read More.
Tax season begins Jan. 29. Here's what taxpayers need to know
The tax season will open for individual filers Jan. 29. Here's what taxpayers need to know. Read More.
Crypto Tax Changes To Prepare For In 2024
Crypto tax changes for 2024 might not increase tax bills, but will increase complexity for investors and tax preparers alike. Read More.
Tourist taxes: All of the cities and countries you will have to pay to enter in 2024
Overtourism could have been 2023's word of the year in the travel industry. Read More.
The Grassroots Corner January 8th, 2024
The Grassroots Corner - Week Beginning 1/8/24: “A spectator's view of Steve Hayes' testimony” Read More.
The future of Bidenomics: You pay Social Security tax on ALL of your income?
With another four years of Bidenomics, you can be certain that, at the individual and corporate level, a perpetuity tax on Social Security will become front and center. Read More.
Tax season 2024: Due dates and when IRS will start accepting tax returns
For the first time in five years, income tax returns will be due on their traditional date, but that isn’t the only thing to know about filing this year. Read More.
2024 is here, and tax relief with it
Anew year is here and, like it or not, the countdown to tax day is not far off. In October, Gov. Maura Healey signed a $1 billion tax relief package designed to benefit renters, caregivers, and seniors. The law went into effect when it was signed, but with residents poised to begin filing in the coming weeks and months, here is a refresher on some of the new changes and who they will affect. Read More.
More EVs lose US tax credits including Tesla, Nissan, GM vehicles
Many electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said. Read More.
