Taxes
Pop Star Shakira to Face Second Tax Fraud Probe in Spain
The singer will soon stand trial for allegedly failing to pay 14.5 million euros ($13.9 million) in taxes between 2012 and 2014.
SALT Shakes Up House Republican Tax Package Discussions
House Republicans pushing to force relief from the $10,000 state and local tax cap could be a major challenge to GOP leadership.
Once Again, the IRS Delays RMD Rules for Inherited IRAs
The IRS last week gave taxpayers additional relief from the confusing rules for certain required minimum distributions.
Bipartisan House Efforts on Child Tax Credit Start to Take Shape
The Problem Solvers Caucus, a group of GOP and Democratic lawmakers, plans to work on issues associated with the credit.
Tax Issues When Selling a House After a Divorce
What are the tax consequences regarding a home sale if you and your spouse split up or divorce?
IRS Enforcement Sets Sights on Millionaires
The IRS said last week it collected $38 million from tax-evading millionaires. But the agency isn’t done making the wealthy pay up.
FAFSA Changes Rules on 529 Plans, Making It Easier for Grandparents and Others to Help Students
Previously, any money that grandparents gave a grandchild for college had to be reported as student untaxed income on the FAFSA, potentially lowering the student’s eligibility for financial aid.
State and Local Taxes Changing At Rapid Pace
Over the past 60 years, in times of adverse economic cycles, sales taxes have provided a more resilient method of funding relative to income and property taxes.