Here’s why the minimum wage and some tax breaks don’t budge despite inflation
Many Americans are likely familiar with financial thresholds that are adjusted for inflation each year. They include contribution limits to…
New York tax preparer charged with causing more than $100 million in losses from fraudulent returns
A New York tax preparer was arrested Monday on charges related to causing “substantially” more than $100 million in tax…
90% of qualifying electric-vehicle buyers opt for $7,500 ‘new clean vehicle’ tax credit as upfront payment, Treasury says
The bulk of Americans buying qualifying new electric vehicles are opting to receive an associated tax credit upfront from the…
Does the tax on your year-end bonus check seem high? Here’s why
Does your year-end bonus look smaller than expected? Tax withholding is a likely culprit, but Uncle Sam may pay some…
How a tax break of up to $3,200 can help heat your home more efficiently this winter
Winter is almost here, meaning the year’s coldest temperatures aren’t far off. But homeowners can take advantage of recently enacted…
