Articles

Family budgets could be even more stretched in 2023 as we battle high, inflation fueled prices; rising interest rates; growing fears of a recession and job cuts, and watch some COVID-related stimulus breaks disappear on 2022 federal income tax returns. Read More.

With a new year comes new laws going into effect in Kentucky, including a new sales tax on power bills. But it doesn't apply to all Kentuckians. Read More.

Millions of U.S. taxpayers could face a tax refund shock when they file their 2022 returns because of the expiration of many pandemic benefits that lawmakers had designed to help Americans weather the crisis. Read More.

The Grassroots Corner - Week Beginning 12/12/22: “Orange Park Florida” Read More.

It could have been worse. Still, half a million dollars more for the Duluth Transit Authority and an approximately 8% increase in the city tax levy will be a lot to bear in 2023 for already overburdened Duluthians. And that’s precisely what the Duluth City Council is poised to pass. Read More.

The European Commission plans to make crypto companies report user holdings to tax authorities, it said Thursday. But the European Union (EU) body says it’s still working on how to enforce the measures on wallet providers or exchanges based outside the bloc. Read More.

Democrats want to expand a tax credit that aids low-income families. Republicans hope to preserve a set of tax breaks that benefits businesses. And both parties hope to prevent a federal government shutdown. Read More.

The difference between God and a U.S. Senator is that God doesn’t think he is a U.S. Senator. The arrogance of many in D.C. who believe that only they are smart enough to determine what is best for us is well known. Likewise, the idea that they will try to use the IRS to reward their friends and punish their enemies is not “news’’ to anyone either. Read More.

Many Americans rely on tax refunds to pay bills and save for retirement, but next year's checks could be significantly smaller than in previous years. Read More.

With 2022 drawing to a close, the IRS is alerting Americans so they can avoid a potentially nasty surprise when they pay taxes next year. Read More.

The Internal Revenue Service and the Treasury Department issued a notice explaining how businesses such as builders, developers and owners of clean energy facilities can satisfy the prevailing wage and apprenticeship requirements for enhanced tax benefits under the Inflation Reduction Act. Read More.

With only a month left until 2023, the deadline to make certain last-minute tax preparations and write-offs is quickly approaching. Read More.

Sales tax is a requirement for interior designers, and the accounting part can be cumbersome. Working with an accountant or tax payment service can take some of the burden out of staying compliant, says Sherrell T. Martin of Nitram Financial Solutions. Read More.

Hamilton County homeowners will get a break on their property taxes next year, but it won't be the full 30% rebate they may have wanted. Read More.

If you’re expecting a tax refund in 2023, it may be smaller than this year’s payment, according to the IRS. Typically, you get a federal refund when you’ve overpaid yearly taxes or withheld more than the amount you owe. Read More.