Taxes News & Analysis

These might be super dumb questions: 1) Does Fidelity automatically withhold any taxes on capital gains (stocks sold)? I assume no but want to confirm. 2) Am I required to pay IRS and my state every quarter or can I simply wait until end of year / ti…

About $100 billion in tax credits are available each year, according to Anupam Satayasheel. And 80 percent of it isn’t claimed.

For roughly the first 45 years after President Franklin D. Roosevelt embarked on the Social Security program during the Great Depression, its trust fund was intact, well supplied, and never a concern of anyone in the federal government. Following the disastrous double digit inflation, economic “malaise” of the Jimmy Carter years, economists found that the […]

The post Should We Eliminate Taxes on Social Security Benefits? A Discussion on the House Tax Bill H.R. 904 appeared first on 24/7 Wall St..

President Donald Trump just won’t let go of his ongoing battle against Harvard. In the latest move against the Ivy League school, Trump on Friday said he will revoke Harvard University’s tax-exempt status.

It’s another attempt to …

President Trump on Friday said he would be “taking away” the university’s status, renewing a threat he made last month. It was not immediately clear if the I.R.S. was moving forward with a change.

What matters, from braking and acceleration to the best way to buy.

House Republicans are planning to include several of President Trump’s campaign promises in the first draft of the bill, which they hope to release soon.

Home ownership has long been seen as a practical way of building wealth in the United States. Rather than cutting a check to a landlord every month, paying down a mortgage builds equity and functions much like any other investment. Often overlooked in this equation, however, is a homeowner’s obligation to pay property taxes — […]

The post The States With The Highest Property Taxes appeared first on 24/7 Wall St..

E-commerce trade in small parcels brought Chinese factories to American shoppers. Tariffs are severing the connection.

Gov. Kathy Hochul of New York has proposed an increase in the film tax credit to stay competitive with New Jersey and other states.

Here’s what could happen to the stock market next.

Bench, the accounting and tax startup that was bought in a fire sale last December, has conducted a round of significant layoffs, it confirmed to TechCrunch. Bench didn’t specify how many people were affected, but one person who works there estimated t…

A plea to the Trump Administration from the Chamber of Commerce to help small companies being hurt by trade taxes gets brushed aside.

Even this radical rethink would only pay for about 12% of the cost of the tax cuts currently being considered by Donald Trump and congressional Republicans.

President Trump says steep tariffs on U.S. imports will lead to lower taxes for Americans. Is he right?

The dollar’s decline undermines Stephen Miran’s claim that other nations, not U.S. consumers, will “pay” for tariffs.

In 2023, nearly 80%, or $21.1 billion, of global check fraud occurred in the Americas

A tax on sugary drinks takes effect in Santa Cruz, seven years after California banned its cities and counties from implementing local grocery taxes.

Nevada has the highest concentration of tipped workers in the country, and many say they’re struggling to keep up with inflation.

Shares in Meta Platforms are rising after quarterly earnings results.

A tax extension gives you more time to file your return, but NOT more time to pay what you owe. Meredith dispels the extension “fairytale” and lays out a five-step plan to make sure you can lessen the penalties and make the most of this breathing room.

The best gold IRA companies can help investors diversify their portfolios and use precious metals as a hedge.

In a first-of-its kind move, Hawaii lawmakers are ready to hike a tax imposed on travelers staying in hotels, vacation rentals and other short-term accommodations and earmark the new money for programs to cope with a warming planet.State leaders say t…

President Donald Trump signed executive orders Tuesday to relax some of his 25% tariffs on automobiles and auto parts, a significant reversal as the import taxes threatened to hurt domestic manufacturers.Automakers and independent analyses have indica…

GDP and hiring have both sunk as a result of Trump upending decades of American trade policy.

Kintsugi, a Silicon Valley-based startup that helps companies offload and automate their sales tax compliance, has raised $18 million in new funding led by global indirect tax technology solution provider Vertex. The startup plans to enable more small …

State leaders say they’ll use the funds for projects like replenishing sand on eroding beaches, and removing invasive grasses like those that fueled the deadly wildfire that destroyed Lahaina two years ago.

Profit after tax reached $3.9 billion in the first three months of the year, a 19 percent jump from the same period in 2024.